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3 years ago

Shortly after recording street survivors, this group was involved in a fatal plane crash:

1 answer:

3 0

Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.

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Which of the following formulas is used to compute the accounting rate of return?

tekilochka [14]

Answer:

Option (A) is correct.

Explanation:

Accounting rate of return is determined to take the efficient business decision related to the capital budgeting and it tell us whether to accept the proposal or not. The following is the formula:

Accounting rate of return = (Average Income ÷ Initial Investment)

For example:

Net profit for 3 years are as follows:

2012 - 13 = $50 million

2013-14 = $100 million

2014-15 = $150 million

Initial investment = $200

Average profit = ($50 + $100 + $150) ÷ 3

= $100

Accounting rate of return = (Average Income ÷ Initial Investment)

= $100 ÷ $200

= 0.5 or 50%

5 0

3 years ago

Carol Byrd gets a student rate of $30.00 a month for health insurance. There is a $250 deductible. She recently received treatme

e-lub [12.9K]

The company's payment = $1640,

Carol's total cost = $410.

Step-by-step

Given:

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by:

=$2300-$250

=$2050

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the Company's Payment is given by:

Company Pays 80% which translates to 0.8

Company Payment = 0.8*2050

Company Payment = $1640

Carol's total cost after the payment of company is given by

Carol pays = $2050 - $1640

Carol pays = $410

Hence, the company's payment was $1640, Carol's total cost was $410.

Learn more about Insurance on:

brainly.com/question/25855858

#SPJ4

8 0

2 years ago

What financial behaviors will typically lead to a low credit score everfi?

Arisa [49]

Maxed out credit cards

7 0

3 years ago

Accounts receivable arising from sales to customers amounted to $84,000 and $74,000 at the beginning and end of the year, respec

solmaris [256]

Answer:

$330,000

Explanation:

Change in WC = Opening receivables - Closing receivables

Change in WC = $84,000 - $74,000

Change in WC = $10,000

The decrease in working capital is $10,000

Cash from operating activities = Net income + Decrease in Working Capital

Cash from operating activities = $320,000 + $10,000

Cash from operating activities = $330,000

Thus, the cash from operating activities is $330,000

4 0

2 years ago

Gabriella's business hasn't been doing well. She has a retail store where she is selling dog treats, baby clothes, and high-end

swat32

I'm pretty sure it's "She hasn't developed a targeted niche."

7 0

2 years ago

Read 2 more answers