Civillian Conservation Corps (CCC)
Federal Emergency Relief Act (FERA)
Public Work Administration (PWA)
Work Progess Administration (WPA)
hope this helps
Answer:
1. 0.07161
2. 2.43
3. 0.02932
Explanation:
1. The computation of the return on total assets is shown below:
Return on assets = (Net income) ÷ (average of total assets)
where,
Net income is $355
Average total assets = (Beginning total assets + ending total assets) ÷ 2
= ($4,090 + $5,825) ÷ 2
= $4,957.50
Now put these values to the above formula
So, the ratio would equal to
= $355 ÷ $4,957.50
= 0.07161
2. The computation of the assets turnover is shown below:
Total asset turnover = (Net Sales ÷ average of total assets)
= ($12,105 ÷ $4,957.50)
= 2.43
3. The computation of the profit margin is shown below:
= (Net earnings ÷ net sales) × 100
= ($355 ÷ $12,105) × 100
= 0.02932
Answer:
$136,500 long term capital gain
Explanation:
First of all, we must adjust SOA's cash since it has to pay taxes for the $90,000 gain. Its marginal tax rate was 30%, which means it must pay $27,000 in taxes (= $90,000 x 30%). So SOA's cash account will decrease to $173,000.
The total value of SOA's assets is $473,000 ($500,000 - taxes) which includes:
- cash: $173,000
- inventory: $80,000
- land and building: $220,000
When the assets are liquidated, the proceeds should be equally divided between Kevin and Bob, so each will get $236,500. Since Kevin's basis is $100,000, he should report a $136,500 long term capital gain (= $236,500 - $100,000).
People who lost their jobs as hand drawn animators because of the popularity of computer generated 3D animation are examples of persons who are suffering B) structural unemployment.
Answer:
D) The amount of annual interest paid to bondholders remains the same over the life of the bonds.
Explanation:
Since Dylan's coupon rate was lower than the market rate, then they will have to sell their bonds at a discount, i.e. at a lower price than face value. The price of the bond will be lower than the face value, but the actual coupon paid will remain the same during the 15 years.