Answer:
15%
Explanation:
Required rate of return = Net operating income other than income others / Average operating assets
Required Rate of Return = $90,000/$600,000
Required Rate of Return = 0.15
Required Rate of Return = 15%
Thus, the company's required rate of return is 15%
<u>Workings</u>
Return on Investment = Net Profit/Total investments*100
Net income = Return on investment*Total Investments
Net income = $600,000 * 22%
Net income = $132,000
Thus, Net Operating income = Net income - Residual income = $132,000 - $42,000 = $90,000.
Answer:
$ 532
Explanation:
<em>C= cost per person
</em>
<em>N= number of people
</em>
<em>TC= total cost
</em>
<em>
</em>
TC= ( 46 * N ) - ( N * ( N - 1 ) )
C= <u>( 46 * N ) - ( N * ( N - 1 ) )</u>
N
TC = ( 46*19 ) - ( 19 * ( 19-1 ) )
TC = ( 874 ) - ( 19 * 18 )
TC = 532
<u>Total Cost for 19 people</u> : $ 532
N° $
1 46
2 44
3 42
4 40
5 38
6 36
7 34
8 32
9 30
10 28
11 26
12 24
13 22
14 20
15 18
16 16
17 14
18 12
19 <u> 10
</u>
<em><u>Total: 532
</u></em>
Answer:
$140,000
Explanation:
$240,000*7/12= $140,000
The journal entry to record accrual of subscription will be as follows;
Unearned Subscription Income Dr.$140,000
Subscription Income Cr.&140,000
The entry made at time of receipt of subscription was;
Bank Dr.$240,000
Unearned Subscription income Cr.$240,000
The answer is "<span>the price a foreign currency can be purchased or sold today."
The foreign trade spot exchange, otherwise called FX spot, is an understanding between two gatherings to get one money against offering another cash at a concurred cost for settlement on the spot date. The conversion scale at which the exchange is done is known as the spot swapping scale.
</span>