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adelina 88 [10]
1 year ago
12

What is the roi if the total benefits are $182,000 and the total cumulative costs are $120,000?

Business
1 answer:
anzhelika [568]1 year ago
7 0

The ROI  if the total benefits are $182,000 and the total cumulative costs are $120,000 is 51.67%

What is ROI?

ROI means return on investment , it is the profit as a percentage of the cumulative costs incurred to earn the profit, in other words, we can determine the ROI in this case as the total benefits minus cumulative costs divided by the cumulative costs

ROI=(total benefits-total cumulative costs)/total cumulative costs

total benefits=$182,000

total cumulative costs=$120,000

ROI=($182,000-$120,000)/$120,000

ROI=51.67%

Find out more about ROI on:brainly.com/question/14278738

#SPJ1

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7 0
1 year ago
This table shows the number of cookies several bakeries sell each day. Bakery Number of Cookies Sold Mrs. Track’s 90 Chips 100 T
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Answer: d. Uncle John's

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3 years ago
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Why is money management important? How would you rate your own money management?
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As a babysitter, what are three things you should consider from a business perspective?
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Answer:

Explanation:

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On January 1, Skills Company purchased as a short-term investment a $1,000, 6% bondfor $1,000. The bond pays interest on January
Arturiano [62]

Answer:

Option (B) is correct.

Explanation:

Interest accrued for 6 months (January 1 to July 1):

= $1,000 × 6% × (6 ÷ 12)

= $30

This shall be credited to interest revenue as this is the income of the investor.

Sale value of investment:

= Bond selling price on July 1 + Interest accrued for 6 months

= $1,200 + $30

= $1,230

Gain on sale of investment:

= (Selling price - Purchase price) - Accrued interest

= ($1,230 - $1,000) - $30

= $200

Therefore, the Journal entry for this transaction is as follows:

Cash A/c                 Dr. $1,230

To debt investments                  $1,000

To Gain on sale of investment  $200

To Interest revenue                   $30

(To record the cash proceeds at the time the bond is sold)

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