All categories

3 years ago

Privatisation refers to ....

Business

1 answer:

Nana76 [90]3 years ago

8 0

Answer:

B)Transfer of assets from public to private

Explanation:

the government no longer owns the asset and it is traded to the private sector or when the company is taken over by a few people.

You might be interested in

Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned

raketka [301]

Answer:

d. Credit to Accounts Receivable.

Explanation:

Hutley Inc. is not going to pay the $8,000 to Searcy, therefore Searcy will make the following entry to write off the balance from Account Receivables.

Debit: Allowance for Doubtful Accounts $8,000

Credit: Accounts Receivables $8,000

To write-off Hutley Inc. receivables.

5 0

3 years ago

I worked 42 hours and got paid $ 12.00 an hour, what is my net pay for the week ?

MakcuM [25]

Answer:

540$

Explanation:

6 0

2 years ago

Here is the income statement for Windsor, Inc. WINDSOR, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue

astraxan [27]

Answer:

a) Earning per share $3.66

b) Price earning ratio 3.28 times

c) Payout ratio 20.09%

d) Time Interest earned 9.35 times

Explanation:

A) Calculation for Earnings per share

First step is to calculate the Weighted Average number of common shares outstanding using this formula.

Weighted Average number of common shares outstanding = (Number of common shares outstanding in the beginning + Number of common shares outstanding in the end)/2

Let plug in the formula

Weighted Average number of common shares outstanding= (22,400 + 36,600)/2

Weighted Average number of common shares outstanding= 29,500

Now let calculate the Earnings per share using this formula

Earnings per share = (Net income – Preferred stock dividend)/Weighted Average number of common shares outstanding

Let plug in the formula

Earnings per share= (112,500 – 4,600)/29,500

Earnings per share= 107,900/29,500

Earnings per share= $3.66

B) Calculation for Price-earnings ratio enter price-earnings ratio in times

Using this formula

Price earnings ratio = Market price of 1 common share/Earnings per share

Let plug in the formula

Price earnings ratio= 12/3.66

Price earnings ratio= 3.28 times

C) Calculation for Payout ratio enter payout ratio in percentages using this formula

Payout ratio = Cash dividends/Net income

Let plug in the formula

Payout ratio= 22,600/112,500

Payout ratio= 20.09%

D) Calculation for Times interest earned enter times interest earned using this formula

Times interest earned = (Net income + Interest expense + Tax expense)/Interest expense

Let plug in the formula

Times interest earned= (112,500 + 16,100 + 21,900)/16,100

Times interest earned= 150,500/16,100

Times interest earned= 9.35 times

Therefore:

a) Earning per share $3.66

b) Price earning ratio 3.28 times

c) Payout ratio 20.09%

d) Time Interest earned 9.35 times

3 0

2 years ago

The capital budgeting director of Sparrow Corporation is evaluating a project that costs $200,000, is expected to last for 10 ye

Agata [3.3K]

Answer:

17.37%

Explanation:

The Internal rate of return is the interest rate that gives the same present value as the amount of initial investment for

Calculation of IRR

($200,000) CFO

$44,503 CF1

$44,503 CF2

$44,503 CF3

$44,503 CF4

$44,503 CF5

$44,503 CF6

$44,503 CF7

$44,503 CF8

$44,503 CF9

$44,503 CF10

the project's internal rate of return (IRR) is 17.37%

8 0

3 years ago

Which statement is NOT true about the food industry and their lobbyists' influence on government legislation? They influence fav

Nadya [2.5K]

Answer:

The answer is C.

Explanation:

Just as almost every industry, American Food Industry also has lobbyists who work to influence the politicians and legislators and control the legislations in a way that is profitable for the industry.

Among the given options, A and D are true about the food industry and their lobbyists' influence, they do influence favorable legislature for the industry.

B is also true because telling people to eat less is not profitable for the food industry.

Option C, promoting consumption of fresh fruits and vegetables is not a true statement regarding the food industry and their lobbyists.

I hope this answer helps.

4 0

3 years ago