Answer:
(a) 0.1224
(b) 0.3825
Explanation:
Given that,
Net income = $15,300,000
Net sales = $450,000,000
Total assets = $125,000,000
Stockholders’ equity = $40,000,000
(A) Return on assets:
= Net income ÷ Total assets
= $15,300,000 ÷ $125,000,000
= 0.1224
(b) Return on equity:
= Net income ÷ Stockholders’ equity
= $15,300,000 ÷ $40,000,000
= 0.3825
Answer:
The answer is Company & Financials> Reports Center > Accountant & Taxes
Explanation:
Solution
Given:
From the given question above the steps to print the Adjusted Trial Balance is given below:
- First step is to go the Report Center and select the same
- Secondly go to accountant and taxes and select that option
- Thirdly the trial balance option
Therefore, the correct answer is Report center > Accountant and Taxes
Answer:
Current liabilities at December 31, 2014 for Irkalla;
$200,000 + $100,000 + $2,000,000 + $1,000,000 = $3,300,000.
Method of reasoning: Accounts payable-exchange and Short-term borrowings consistently fall under "Current Liabilities". Development for Other bank advance has not explicitly given (for example develops June 30, 20 × 5), so we accept it to develop on June 30, 2015. Since development is expected inside 1 year, it additionally falls under current risk as term is just a single year. On the bank credit of $2,000,000, Irkella has damaged the terms, so now this advance is likewise required to be paid off soon and thus it additionally now goes under "Current Liabilities"
Answer:
The correct answer is letter "E": are often driven by such strategic objectives as to expand a company's geographic coverage or extend its business into a new product categories.
Explanation:
A merger is a combination of two companies, usually by mutual agreement. Mergers are not exactly the same as acquisitions. In the <em>acquisition</em>, one company buys and subsumes another company, leaving only the purchaser in place. In most mergers, the two companies merge to form a completely new company.
Frequently, <em>mergers and acquisitions are conducted so that the operations of firms can be broaden and new opportunities can be taken advantage of in the new markets.</em>
