Answer:
14.1%
Explanation:
Cash return on assets is the ratio of a company's operating cash flow to its average total assets. It shows how a company is generating cash flow from its assets and compares a company’s profitability with other companies.
Cash return on assets = operating cash flow / average total assets
Given that:
operating cash flows = $240,000
Average total assets = ($1.6 million + $1.8 million) / 2 = $1.7 million.
Therefore, Cash return on assets = $240000 / $1.7 million = 0.141 = 14.1%
The risks of foreign outsourcing is that they could stop trading with you.
The magazine ad which helps the firm to tell prospective consumers about the electronic product is as example of channel of communication in communication process.
<h3>What is a
channel of communication?</h3>
This are different mediums through which a firm or sender send its message to its intended audience.
Therefore, the magazine ad plays the role of a channel of communication because its helps to tell prospective consumers about the its electronic product
Read more about channel of communication
<em>brainly.com/question/771405</em>
Answer:
B
Explanation:
Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.
To determine this, we proceed as follows;
Interest payment for the first year = 30000*7% i.e 2100
Principal amount paid = Total amount paid - Interest amount
= 7317 -2100 i.e 5217
Notes payable should be reduced by 5217
Answer:
a. Particulars Amount
Patent cost $400,000
Less: Amortization for 3 years <u>$150,000 </u> ($400,000*3/8)
Book value at the end of year 3 $250,000
Addition during Year 4 <u>$20,000 </u>
Total book value <u>$270,000</u>
Patent amortization expense for the Year 4 = Total book value / Remaining life
Patent amortization expense for the Year 4 = $270,000 / 5
Patent amortization expense for the Year 4 = $54,000
b. Adjusting Entry
Date Account titles Debit Credit
Amortization expense $54,000
Patents $54,000
