Answer:
See below
Explanation:
Net income during the year
$59,000
Adjustments:
Depreciation
$27,000
Changes in current assets and liabilities
Less:
Increase in accounts receivables
($32,000)
Increase in inventories
($12,000)
Decrease in accounts payable
$25,000
Net cash flow from operating activities
$17,000
Using these data from the comparative balance sheet of Blossom Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2017 Dec. 31, 2016 Amount Percentage Amount Percentage Accounts receivable $ 497,000 Enter percentages % $ 435,000 Enter percentages % Inventory $ 735,000 Enter percentages % $ 555,000 Enter percentages % Total assets $3,101,000 Enter percentages % $2,758,000 Enter percentages %
Answer:
For 2017
Account receivable % = Account Receivable/Total Assets x 100
Account receivable % = $ 497,000/$ 3,101,000 * 100
Account receivable % = 0.16027088 * 100
Account receivable % = 16.0%
Inventory % = Inventory/Total Assets *100
Inventory % = $ 735,000/$ 3,101,000 * 100
Inventory % = 0.2370203 * 100
Inventory % = 23.7 %
Total Assets = $3,101,000 = 100%
For 2016
Account receivable % = Account Receivable/Total Assets * 100
Account receivable % = $ 435,000/$ 2,758,000 * 100
Account receivable % = 0.15772298 * 100
Account receivable % = 15.8%
Inventory % = Inventory/Total Assets * 100
Inventory % = $555,000/$ 2,758,000 * 100
Inventory % = 0.20123277 * 100
Inventory % = 20.1%
Total Assets = $2,758,000 = 100 %
In the absence of international trade in MP3 players, what will be the price of MP3 players in the United States
Answer:
$60
Explanation:
here is the complete question
Suppose the domestic supply(Qs) and demand(Qd) for MP3 players in the UNited States are given by the following set of equations.
Qs= -25 + 10p
Qd= 875 -5p
In the absence of international trade in MP3 players, what will be the price of MP3 players in the United States
In the absence of international trade, it is assumed that quantity demanded equals quantity supplied
Qs = Qd
-25 + 10p = 875 - 5p
combine like terms
+10p + 5p = 875 + 25
15p = 900
p = 900 / 15
p = $60
On January 1, 2020, Ann Price loaned $187,825 to Joe Kiger. A zero-interest-bearing note (face amount, $250,000) was exchanged solely for cash; no other rights or privileges were exchanged. The note is to be repaid on December 31, 2022. The prevailing rate of interest for a loan of this type is 10%. The present value of $250,000 at 10% for three years is $187,825. What amount of interest expense should Joe Kiger recognize in 2020?a. $25,000 b. $75,000 c. $56,350 d. $18,783
Answer:
d. $18,783
Explanation:
Calculation to determine the amount of interest expense that Joe Kiger should recognize in 2020
Using this formula
Interest expense=Present value× Rate of Interest
Let plug in the formula
Interest expense=$187,825 × .10
Interest expense= $18,783 (Approximately)
Therefore the amount of interest expense that Joe Kiger should recognize in 2020 is $18,783
Kenji wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both. After much thought, Kenji buys the computer and writes a check for $1,299.
Identify what role money plays in each of the following parts of the story. Hint: Select each role only once.
Role of Money Medium of Exchange Unit of Account Store of Value
Kenji has $1,537 in his checking account.
Kenji writes a check for $1,299.
Kenji can easily determine that the price of the computer is more than the price of the vacation.
Continue without saving
Answer and Explanation:
The classification is as follows;
1. Since kenji has the amount of $1,537 in his checking account that means he have the storing of the value as the amount has been stored
2 Since kenji writes the check of amount $1,299 that means it is the medium of exchange
3 And, in the last case in which the computer price is greater than the vacation price so it is the unit of account as here the comparsion is to be made
Suppose you are going to receive $13,700 per year for six years. The appropriate interest rate is 8.6 percent.a-1 What is the present value of the payments if they are in the form of an ordinary annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Present value $
a-2 What is the present value if the payments are an annuity due? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Present value $
b-1 Suppose you plan to invest the payments for six years. What is the future value if the payments are an ordinary annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Future value $ b-2 Suppose you plan to invest the payments for six years. What is the future value if the payments are an annuity due? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Answer:
a-1 Present value = $62,196.97
a-2 Present value = $67,545.91
b-1 Future value = $102,034.77
b-2 Future value = $110,809.76
Explanation:
Let:
P = Annual amount = $13,700
r = Annual interest rate = 8.6%, or 0.086
n = number of years = 6
Therefore, we have:
a-1 What is the present value of the payments if they are in the form of an ordinary annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
Present value = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Substitute the values into equation (1), we have:
Present value = $13,700 * ((1 - (1 / (1 + 0.086))^6) / 0.086)
Present value = $13,700 * 4.53992511948198
Present value = $62,196.97
a-2 What is the present value if the payments are an annuity due? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
This can be calculated using the formula for calculating the present value of an annuity due as follows:
Present value = P * ((1 - [1 / (1+r))^n) / r) * (1+r) …………………………………. (2)
Substitute the values into equation (2), we have:
Present value = $13,700 * ((1 - (1 / (1 + 0.086))^6) / 0.086) * (1 + 0.086)
Present value = $13,700 * 4.53992511948198 * 1.086
Present value = $67,545.91
b-1 Suppose you plan to invest the payments for six years. What is the future value if the payments are an ordinary annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:
Future value = P * (((1 + r)^n - 1) / r) ................................. (3)
Substitute the values into equation (3), we have:
Future value = $13,700 * (((1 + 0.086)^6 - 1) / 0.086)
Future value = $13,700 * 7.44779374916618
Future value = $102,034.77
b-2 Suppose you plan to invest the payments for six years. What is the future value if the payments are an annuity due? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
This can be calculated using the formula for calculating the Future Value (FV) of an Annuity due as follows:
Future value = P * (((1 + r)^n - 1) / r) * (1 + r) ................................. (4)
Substitute the values into equation (4), we have:
Future value = $13,700 * (((1 + 0.086)^6 - 1) / 0.086) * (1 + 0.086)
Future value = $13,700 * 7.44779374916618 * 1.086
Future value = $110,809.76
ABC Company purchases a material amount of products from another entity whose operating policies can be controlled by ABC Company’s management, but it does not disclose this situation on its financial statements. In which type of improper disclosure scheme has ABC Company engaged?
Answer:
ABC Company
The type of improper disclosure scheme which ABC Company has engaged is called:
Financial statement fraud arising from non-disclosure of significant related party transactions.
Explanation:
Specifically, ABC Company is required to disclose transactions, outstanding balances, and commitments arising from the related parties, including the nature of the relationship. The disclosure requirements ensure that financial statements presented by ABC Company contain necessary information that can reveal the influence on its reported financial position and results arising from such relationships.
Respass Corporation has provided the following data concerning an investment project that it is considering:
Initial investment $160,000
Annual cash flow $54,000 per year
Salvage value at the end of the project $11,000
Expected life of the project 4 years
Discount rate 15%
The net present value of the project is closest to:____.
A) $67,000.
B) $160,516.
C) $516.
D) $(5,776).
Answer:
45,811.70Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
Cash flow in year 0 = $-160,000
Cash flow in year 1 - 3 = $54,000
Cash flow in year 4 = 11,000
I = 15
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
If you have not been obligating your funds according to your obligation plan, you may become a prime candidate for losing your funds to other programs through __________. Reprogramming Expiration Incremental Funding The Misappropriation Act
Answer:
Reprogramming
Explanation:
In the case when you are not have an obligation with respect to the funds as per the obligation plan so there might be the chances to become a prime candidate for losing the funds to the other type of programs via reprogramming
So as per the given situation, the first option is correct
Collins Co. began operations in 2012. The company lost money the first two years, but has been profitable ever since. The company's taxable income (EBT) for its first four years are summarized below: Year EBT 2012 -$1,250,000 2013 -$5,200,000 2014 $4,200,000 2015 $8,300,000 The corporate tax rate has remained at 34%. Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions, and assume that the current provisions were applicable in 2012. What is Collins' tax liability for 2015
Answer:
$2,057,000
Explanation:
Calculating Collins' tax liability for 2015
Taxable income (EBT) 2012, 2013, 2014, 2015
= -$1,250,000 - $5,200,000 + $4,200,000 + $8,300,000
= $6,050,000
Collins' tax liability = $6,050,000 * Tax rate
Collins' tax liability = $6,050,000 * 34%
Collins' tax liability = $2,057,000
So, Collins' tax liability for 2015 is $2,057,000.
If an asset costs $132000 and is expected to have a $22000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $22000 each year, the cash payback period is:_______.
a. 5 years.
b. 6 years.
c. 7 years.
d. 4 years.
Answer:
b. 6 years.
Explanation:
The cash payback period is the length of time it takes for the future cash flows to equal the amount invested in a project.
where, Amount Invested = Sum of Cash flows
therefore,
$132000 = $22000 + $22000 + $22000+ $22000 + $22000 + $22000
thus,
It takes 6 years for cashflows to equal $132000.
what dose gpa and sras stand for
Answer:
gross demestic product and short-run aggregate supply
Explanation:
gpa:The GDP is the total of all value added created in an economy.
SRAS: aggregate supply in the short run (SRAS) is best defined as the total production of goods and services available in an economy at different price levels
Economists experience difficulties in accurately measuring income inequality because of which of the following? Choose one or more: A. do-it-yourself production of goods and services (such as growing own food or making own clothing) that are not bought or sold in the market B. Measurements tend to use "before tax" income, not "after tax" income (disposable income), which is the income people actually have available to purchase goods and services. C. The Gini index calculation discriminates against the poor in developed economies. D. in-kind transfers where goods and services are given
Answer:
Economists experience difficulties in accurately measuring income inequality because of the following:
A. do-it-yourself production of goods and services (such as growing own food or making own clothing) that are not bought or sold in the market
Explanation:
With do-it-yourself production of goods and services, it is very difficult to measure income inequality. Income is measured as the value that is exchanged for goods and services in the marketplace, that is, by the forces of demand and supply. These marketplace forces cannot be objectively measured when goods and services are produced and consumed by the same person.
Reason why the Economists do encounter some difficulty in the process of measuring income inequality is as result of A :do-it-yourself production of goods and services (such as growing own food or making own clothing) that are not bought or sold in the market
Income inequality can be regarded as a way to measure unevenly income distribution among population. When the distribution is less equal, then the income inequality will be high, however some difficulties are been faced by Economist in taking this measurement such as situation whereby people make the goods they need by themselves instead of getting it from market.Therefore, option A is correct.
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In 2007, Terry Inc. provided the following items in their footnotes. Their cost of goods sold was $22 billion under FIFO costing and their inventory value under FIFO costing was $2.1 billion. Their LIFO Reserve account balance for year end 2006 had a $0.6 billion credit balance and then at year end 2007, it had a credit balance of $0.8 billion. How much would they report as LIFO cost of goods sold?
a. $1.9 billion.
b. $2.9 billion.
c. $2.3 billion.
d. $1.3 billion.
Answer:
$22.2 billion
Explanation:
Calculation to determine How much would they report as LIFO cost of goods sold
Cost of goods sold=$22 billion + ($0.8 billion $0.6 billion)
Cost of goods sold=$22 billion + $0.2 billion
Cost of goods sold= $22.2 billion
Therefore How much would they report as LIFO cost of goods sold would be $22.2 billion
In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expenditure equals $325 billion, investment equals $510 billion, and net capital outflow equals $225 billion. What is national saving
Answer:
$735 billion
Explanation:
Calculation to determine the national saving
Using this formula
National saving =Gross domestic product-Consumption expenditure-Government expenditure
Let plug in the formula
National saving=$2,450 billion-$1,390 billion- $325 billion
National saving=$735 billion
Therefore the national saving is $735 billion
At the beginning of lecture, Dr.McCarty says that the US economy is built to serve:________.
a. The service industry
b. People who own things
c. The lower class
d. The industrial sector
Answer:
At the beginning of lecture, Dr.McCarty says that the US economy is built to serve:________.
b. People who own things
Explanation:
The U.S. economy, which is a mixed economy, exhibits both capitalism and socialism characteristics. While it allows economic freedom to people who own things (capitalists), occasionally, the government intervenes to achieve public good by imposing some restrictions and licensing. The government is also involved in some economic development, especially as it relates to education, roads, and healthcare. As a mixed economy, the government uses monetary and fiscal policies to rein in some of the excesses of capitalism.
The balance sheet of Sand Sportswear reports total equity of $500,000 and $650,000 at the beginning and end of the year, respectively. The return on equity for the year is 20%. What is Sand Sportswear's net income for the year?
a. $100,000.
b. $130,000.
c. $2,875,000.
d. $115,000.
Answer:
d. $115,000
Explanation:
The calculation of Sand Sportswear's net income for the year is as seen below;
Return on equity = Net income / Average total equity
Return on equity = 20%
Average total equity = ($500,000 + $650,000) / 2 = $575,000
Therefore,
Net income = Average total equity × Return on equity
Net income = $575,000 × 20%
Net income = $115,000
Last year Baron Enterprises had $350 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets
Answer:
$188.46 million
Explanation:
Firstly, calculate sales at full capacity
Sales at full capacity = Sales at current capacity / % of capacity
Sales at full capacity = $350 million / 0.65
Sales at full capacity = $538.46 million
Increase in sales without increase in fixed assets = Sales at full capacity - Sales at current capacity
Increase in sales without increase in fixed assets = $538.46 million - $350 million
Increase in sales without increase in fixed assets = $188.46 million
Your goal is to have $10,000 in your bank account by the end of 15 years. If the interest rate remains constant at 3% and you want to make annual identical deposits, how much will you need to deposit in your account at the end of each year to reach your goal? (Note: Round your answer for PMT to two decimal places.)
Answer:
the pmt is $537.67
Explanation:
The computation of the PMT amount is given below;
Given that
FV = $10,000
PV = $0
NPER = 15 years
RATE = 3%
The formula is shown below:
= PMT(RATE, NPER,PV,FV,TYPE)
AFter applying the above formula, the pmt is $537.67
The same should be considered and relevant
CSUN Corp. reported EBITDA of $2,767,000 for the fiscal year ended December 31, 2019. During the same period, the company had $189,000 in interest expense, $596,000 in depreciation and amortization expense, and an average corporate tax rate of 25 percent. What was the cash flow to investors from operating activity (CFOA) during 2019
Answer: $2,271,500
Explanation:
Cash flow to investors is:
= EBITDA - Taxes
Taxes = (EBITDA - Depreciation - Interest) * tax rate
= (2,767,000 - 596,000 - 189,000) * 25%
= $495,500
Cash flow to investors from operating activities is:
= 2,767,000 - 495,500
= $2,271,500
contractor decided to bid for a major commercial project. The total price of her bid is $10 million. Estimate the total cost of estimating and preparing the bid proposal.
Answer: $150,000
Explanation:
The total cost of estimating and preparing the bid would normally fall between 1% and 2% of the total price of the bid.
It would therefore be best to use an average rate of these:
= ( 1 + 2) / 2
= 1.5%
The estimate will therefore be:
= 1.5% * 10,000,000
= $150,000
Crabbe Company reported $80,000 of selling and administrative expenses on its income statement for the past year. The company had depreciation expense and an increase in prepaid expenses associated with the selling and administrative expenses for the year. Assuming use of the direct method, how would these items be handled in converting the accrual based selling and administrative expenses to the cash basis
Answer: Deducted from Depreciation; Added to expenses
Explanation:
First and foremost, it should be noted that depreciation is regarded as a non cash expense, which implies that it will have to be subtracted from the selling and the administrative expenses in order to get the cash base.
Also, the increase in prepaid expenses won't reflect in the income statement, and should be added to the selling and administrative expenses in order to arrive at the cash base.
Calculate the amount of Apple’s gross profit for each year. Has gross profit as a percentage of sales changed significantly during the past year? Calculate the amount of Apple’s operating income for each year. Has operating income as a percentage of sales changed significantly during the past year?
Answer:
Gross profit in 2011 = $43,818
Gross profit in 2010 = $25,684
The gross profit as a percentage of sales NOT changed significantly during the past year.
Operating income in 2011 = $33,790
Operating income in 2010 = $18,385
The operating income as a percentage of sales has NOT changed significantly during the past year.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation of the answers is now provided as follows:
a-1. Calculate the amount of Apple’s gross profit for each year.
Gross profit = Net sales - Cost of sales
Therefore, we have:
Gross profit in 2011 = $108,249 - $64,431 = $43,818
Gross profit in 2010 = $65,225 - $39,541 = $25,684
a-2. Has gross profit as a percentage of sales changed significantly during the past year?
Gross profit as a percentage of sales = (Gross profit / Net sales) * 100
Therefore, we have:
Gross profit as a percentage of sales in 2011 = ($43,818 / $108,249) * 100 = 40.48%
Gross profit as a percentage of sales in 2010 = ($25,684 / $65,225) * 100 = 39.38%
Change in gross profit as a percentage of sales = Gross profit as a percentage of sales in 2011 - Gross profit as a percentage of sales in 2010 = 40.48% - 39.38% = 1.10%
Since the change in gross profit as a percentage of sales is 1.10%, it shows that gross profit as a percentage of sales NOT changed significantly during the past year. This is a because a change of 10% or higher is considered significant by some scholars.
b-1. Calculate the amount of Apple’s operating income for each year.
Operating income = Gross profit – Research and development expenses – Selling, general and administrative expenses
Therefore, we have:
Operating income in 2011 = $43,818 - $2,429 - $7,599 = $33,790
Operating income in 2010 = $25,684 - $1,782 - $5,517 = $18,385
b-2. Has operating income as a percentage of sales changed significantly during the past year?
Operating income as a percentage of sales = (operating income / Net sales) * 100
Therefore, we have:
Operating income as a percentage of sales in 2011 = ($33,790 / $108,249) * 100 = 31.22%
Operating income as a percentage of sales in 2010 = ($18,385 / $65,225) * 100 = 28.19%
Change in operating income as a percentage of sales = Operating income as a percentage of sales in 2011 - Operating income as a percentage of sales in 2010 = 31.22% - 28.19% = 3.03%
Since the change in operating income as a percentage of sales is just 3.03%, it shows that operating income as a percentage of sales has NOT changed significantly during the past year. This is a because a change of 10% or higher is considered significant by some scholars.
Tatum can borrow at 7.4 percent. The company currently has no debt and the cost of equity is 11.8 percent. The current value of the firm is $695,000. The corporate tax rate is 25 percent. What will the value be if the company borrows $410,000 and uses the proceeds to repurchase shares
Answer:
the value be if the company borrows $410,000 is $797,500
Explanation:
The computation of the value be if the company borrows $410,000 is given below:
= Value of the firm + borrowed amount × corporate tax rate
= $695,000 + $410,000 × 25%
= $797,500
hence, the value be if the company borrows $410,000 is $797,500
Therefore the same should be relevant
Adjusting and paying accrued wages L.O. C1, P1 Pablo Management has seven part-time employees, each of whom earns $205 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28, 2011. The end of the year, December 31, 2011 falls on a Monday. The next week, the seven employees worked only four days because New Years Day was an unpaid holiday. All the seven employees are paid as usual on Friday, January 4, 2012.
(a) Prepare the adjusting entry that would be recorded on Monday, December 31, 2011. (Omit the "$" sign in your response.) Date General Journal Debit Credit Dec. 31, 2011
(b) Prepare the journal entry that would be made to record payment of the employees wages on Friday, January 4, 2012. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 4, 2012
Answer:
1- Wages Expense (Dr.) $1,025
Wages Payable (Cr.) $1,025
2- Wages Expense (Dr.) $1,845
Wages Payable (Cr.) $1,025
Cash (Cr.) $820
Explanation:
Wages expense = $205 * 5 days a week = $1,025 per week.
Wages expense = $205 * 4 days a week = $820 per week.
viết lý do chọn đề tài hay về chiến lược xúc tiến của công ty grab
Answer:
đồ án phân tích việc thực hiện chiến lược marketing của Grab tại Việt Nam ... soát ... lược giá (Price) 18 1.3.3 Chiến lược phân phối .20 1.3.4 Chiến lược Xúc tiến hỗn ... lược cấp công ty Tổng tài sản Grab Singapore 2014 - 2015 Doanh thu Grab ... lý Trong trình học tập hướng dẫn thầy Đỗ Thanh Tùng em hoàn thành đề tài .
Những nhân tố ảnh hưởng đến hành vi mua hàng của người tiêu dùng là gì
Nhận thức, động cơ, học tập, niềm tin và thái độ là tất cả các yếu tố tâm lý ảnh hưởng đến việc mua hàng của người tiêu dùng. Quá trình mọi người lựa chọn và giải thích thông tin để đưa ra quyết định mua hàng được gọi là nhận thức.
Computing and Assessing Plant Asset Impairment
On January 1, Zeibart Company purchases equipment for $225,000. The equipment has an estimated useful life of 10 years and expected salvage value of $25,000. The company uses straight-line depreciation. Four years later, economic factors cause the fair value of the equipment to decline to $90,000. On this date, Zeibart examines the equipment for impairment and estimates undiscounted expected cash inflows from this equipment of $125,000
(a) Compute the annual depreciation expense relating to this equipment.
(b) Compute the equipment's net book value at the end of the fourth year.
(c) Apply the test of impairment to this equipment as of the end of the fourth year. Is the equipment impaired?
Answer:
a. Depreciation expense = (Cost - Salvage value / Useful life
Depreciation expense = ($225,000 - $25,000) / 10 years
Depreciation expense = $20,000
b. Equipment's net book value = Cost of equipment - Depreciation for 4 years
Equipment's net book value = $225,000 - ($20,000 * 4)
Equipment's net book value = $225,000 - $80,000
Equipment's net book value = $145,000
c. When the sum of undiscounted expected cash flows < Net book value of asset, then the asset is impaired
Here, $125,000 < $145,000. So, the equipment is impaired.
Impairment loss = Net book value of asset - Fair value of asset
Impairment loss = $145,000 - $90,000
Impairment loss = $55,000
Mariott Condominium, located near San Diego, California, plans to renovate its main building. The project will begin April 1, and the goal is to complete by August 1 (in 17 weeks). The condominium manager identifed the renovation activities and their estimated time below.
a) Draw a project network. You may want to draw on paper then do it here by connecting the given nodes with arcs (i.e, arrows). You might not use all of the given arcs.
b) What are the critical activities?
c) What activity has the most slack time?
d) Will the project be completed by August 1?
Answer:
7
Explanation:
because
Martin used his credit card to buy a new bike. Which statement is true?
Answer: A.
Explanation: egde 2021
Answer: A, he borrowed money
Explanation:
Companies HD and LD have identical tax rates, total assets, and return on invested capital (ROIC), and their ROIC exceeds their after-tax cost of debt, (1-T) r d. However, Company HD has a higher debt ratio and thus more interest expense than Company LD. Which of the following statements is correct?
A) company hd has a lower roa than company ld.
B) company hd has a lower roe than company ld.
C) the two companies have the same roa.
D) the two companies have the same roe.
E) company hd has a higher net income than company ld.
Answer: A) company hd has a lower ROA than company ld.
Explanation:
Company HD has more debt than Company LD which is why they have a higher interest expense. Interest expense is deducted from revenue to reach net profit so Company HD will have a lower profit than Company LD.
Return on Assets is calculated by dividing Net Income by Total assets. With Company HD having a lower net income, it will also have a lower ROA as a result seeing as the numerator will be lower than that of company LD.
