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2 years ago

Question 14 of 20

Business

1 answer:

serg [7]2 years ago

4 0

Answer:

OD. A person who goes to earn a college degree will have to pay the full costs of going to college

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Following is the stockholders’ equity section of the balance sheet for The Procter & Gamble Company along with selected earn

erastova [34]

Answer:

See below

Explanation:

2014 $2,747.2 Million

2013 $2,765.4 Million

2014 Average $2,756.3 Million

Working

2014 4,008.0 - 1,260.8 = $2,747.2

2013 4,008.0 - 1,242.6 = $2,765.4

2014 $54.14

2013 $55.21

Account title

Preferred stock A/c Dr. $40.0

Additional paid in capital A/c Dr. $2,128.4

To Treasury stock A/c Cr. $2,168.4

Net earnings attributable to P and G shareholders

$10,956

Shareholder's equity attributable to P and G shareholders $64,035

ROCE

($10,956 / $64,035) × 100

17.1%

4 0

3 years ago

Please tell whether inventory is beneficial or not for businesses with a large number of customers? Why?

enot [183]

Answer:

I don't know how it is possible

3 0

3 years ago

Read 2 more answers

Why are jellyfish so jellyish

Mandarinka [93]

Jellyfish have very simple bodies - they don't have bones, a brain or a heart. they consist of three basic layers. the outer layer, called the "epidermis," contains the nerve net. the middle layer is made of "mesoglea," the thick, elastic stuff that looks like jelly

6 0

3 years ago

Miguel Corporation, a foreign subsidiary of a U.S. parent company, has one asset (Land) and no liabilities. The functional curre

user100 [1]

Answer:

All the 4 statements are correct.

Explanation:

The International Accounting Standard on Currency changes says that the all the assets and liabilities of the subsidiary must be reported at market value of the asset both at the end of the year and at the time of sale of asset & payment of liability. So this means that the statement a and d are correct statements because the translation gain or loss is reported by using the spot rate which is the market value of the asset in the parent company's currency. Similarly, the statement b and c are correct because at the time of sale of subsidiary assets we are actually recognizing the remeasurement gain or loss by using the spot rate, which is the market value of the asset in the parent company's currency.

5 0

3 years ago

Q 8.17: The financial statements of the Larson Company report net sales of $1,000,000 and accounts receivable of $80,000 and $60

Phoenix [80]

Answer:

25.55 days

Explanation:

first we must calculate the accounts receivable turnover ratio = net sales / average accounts receivable

net sales = $1,000,000

average accounts receivable ($80,000 + $60,000) / 2 = $70,000

accounts receivable turnover ratio = $1,000,000 / $70,000 = 14.286

average collection period = 365 days / accounts receivable turnover ratio = 365 / 14.286 = 25.55 days

8 0

4 years ago