Answer:
B) 0.684
Explanation:
For computing the approximate seasonal index, first we have to determine the average value for three months which is shown below:
= Previous July values ÷ number of values
= (110 + 150 + 130) ÷ 3
= 390 ÷ 3
= 130
Now the approximate seasonal index would be
= Average of three months ÷ average over all months
= 130 ÷ 190
= 0.684
Answer:
The answer is a. <u>$15.88%</u>
b. <u>19.46%</u>
Explanation:
a. Equity multiplier = total assets /shareholders equity
Equity multiplier = $ 45.9 million/ $ 18.6 million= 2.47
ROE = net profit * asset turnover * Equity multiplier
ROE = 3.42% * 1.88 * 2.47= <u>$15.88%</u>
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b. ROE = net profit * asset turnover * Equity multiplier
ROE = 4.19 % * 1.88 * 2.47 = <u>19.46%</u>
Answer:
$375,000
Explanation:
Unadjusted cost of goods sold = Opening stock of finished goods + Cost of goods sold - Closing stock of finished goods
Unadjusted cost of goods sold = $79,000 + $361,600 - $72,000
Unadjusted cost of goods sold = $368,600
The overhead applied is $112,000 and the actual manufacturing overhead is $118,400. As the actual manufacturing overhead is more than the overhead applied, the overhead is under applied as shown below
Under-applied Overhead = Actual manufacturing overhead - Overhead applied
= $118,400 - $112,000
= $6,400
Now, calculation of the adjusted cost of goods sold is as follow
Adjusted cost of goods sold = Unadjusted cost of goods sold + Under-applied Overhead
= $368,600 + $6,400
= $375,000
Thus, the adjusted cost of goods sold is $375,000
Answer:
in socialist France, the French government owns the postal service industry.
Explanation:
A mixed economy combines elements of a pure socialists (command) economy and a capitalist (free market )economy. A socialist economy is where the government controls all economic activities and decisions in a country. The private sector is absent in a socialist economy. A capitalist or free-market economy is one where the government does not interfere with a country's economic activities. The private sector does production and distribution in the economy.
A mixed economy will have traits of socialists and a capitalist economy. Both the government and private sector participates in economic activities.