Answer:
There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.
1
or
2
Substituting the values in equation 1 we get,
Substituting values in equation 2 we get,
<span>1 candy cost 1
2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer)
3 candies cost 1.50 +1 =2.50
4 candies cost 2.50+.50= 3
5 candies cost 3+1= 4
6 candies cost 4+.50= 4.50
7 candies cost 4.50+1=5.50
8 candies cost 5.50.+.50= 6
9 candies cost 6+1= 7
.....
13 candies cost =10
(i) D is prime
D=3 and N=4 (N is even)
D=7 N=9 (N is odd )
not sufficient
(ii) D is not Divisible by 3
D=1 N=1
D=4 N =5
D=7 N=9
D=10 N=13
so we see if D is not divisible 3 then N is always odd.</span>
Answer: B. Maintaining a steady dividend is a key goal of most dividend-paying companies.
Explanation:
Companies that pay dividends prefer in general, to maintain a steady dividend overtime. This does not necessarily mean that they will pay the same amount of dividend but rather that they will pay out dividends as within a certain percentage range of the net income.
Companies do not prefer to cut dividends so as not to send the wrong message so A is wrong. Share repurchases reduces agency costs so C is wrong. Short term fluctuations in cash flow are not the key favor in determining dividend policy as the company might still pay out the same regardless so this is wrong as well. Option B is the best answer.
Answer:
Nexium & Associates Journal entries
March 1
Dr Accounts Receivable800
Cr Service Revenue 800
March 9
Dr Office Furniture1,060
Cr Office Supplies 160
Cr Accounts Payable1,220
March 15
Dr Accounts Payable1,220
Cr Cash1,220
March 23
Dr Electricity Expense430
Cr Accounts Payable430
March 31
Dr Salaries Expense850
Cr Cash850
Explanation:
The details given about Nexium & Associates are straight forward and required no further
adjustment.
Answer:
total net income = $109,000
Explanation:
given data
Blake receive = $103,000
Matthew capital account is credited = $3,000
solution
we know that both partner get equal part in remaining loss or income
so here Blake get $3,000 as share of the net income
so that here net income for the period, that will Blake's salary allowance + amount shared in both persons of net income
as that
total net income = $103,000 + $3,000 +$3,000
total net income = $109,000
