What happens to each of the three primary financial statements when you change

Re-visit the roadmap that you began at the start of your program of study. Complete information regarding this course. In the di

olchik [2.2K]

Explanation:

The business administration course is a course that covers all organizational systems and provides the knowledge of several important tools to be applied in a company to achieve several strategic and economic advantages.

It is important for the career to have knowledge about management, strategy, communication, finance, and other variables that will be essential to become an ethical leader and that can influence personnel to create an organizational culture geared towards open communication, values and ethic.

5 0

3 years ago

An investor who was not as astute as he believed invested $264,500 into an account 12 years ago. Today, that account is worth $2

valina [46]

Answer:

-19.061%

Explanation:

interest earned= principal x time x interest rate

Interest earned = $264,500 - $204,000 = $-60,500

$-60,500 = $264,500 x 12 x interest rate

interest rate = -0.19061 = -19.061%

4 0

4 years ago

River Corp's total assets at the end of last year were $415,000 and its net income was $32,750. What was its return on total ass

Zigmanuir [339]

The return on total assets of River Corps is 0.0789.

<h3>What was its return on total assets?</h3>

The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.

Return on total assets = Net income / average total assets

$32,750 / $415,000 = 0.0789

To learn more about financial ratios, please check: brainly.com/question/26092288

7 0

2 years ago

Erin mcqueen purchased 50 shares of bmw, a german stock traded on the frankfurt exchange, for 64.5 euros (€) per share exactly 1

faust18 [17]

Erin McQueen purchased 50 shares of BMW, a German stock traded on the Frankfurt Exchange, for 64.5 euros (â‚¬) per share exactly 1 year ago when the exchange rate was 0.67 â‚¬/US$. Today the stock is trading at 71.8 (â‚¬) per share, and the exchange rate is 0.75 â‚¬/US$.

a. Did the depreciate or appreciate relative to the US$ during the past year? Explain.

b. How much in US$ did Erin pay for her 50 shares of BMW when she purchased them a year ago?

c. For how much in US$ can Erin sell her BMW shares today?

d. Ignoring brokerage fees and taxes, how much profit (or loss) in US$ will Erin realize on her BMW stock if she sells it today?

Answer:

a. The euro appreciated against the US dollar.

At the beginning of the past year, the €/$ exchange rate was 0.67. This means $0.67 was required to buy one Euro.

At the end of the year, the €/$ exchange rate was $0.75, meaning $0.75 are needed to buy one Euro.

Since it costs more U.S. dollars to buy one Euro at the end of the year, the USD has depreciated against the euro and the euro has appreciated against the USD .

b. Erin paid $4813.43 for the purchase of 50 BMW shares a year ago.

Share price of BMW a year ago = €64.50

Price for 50 BMW shares = €3225 (€64.50 × 50)

€/$ = 0.67

Price in $ = $4813.432836 (3225/0.67)

c. Erin can sell her BMW shares for $4786.67

Share price of BMW a year ago = €71.8

Price for 50 BMW shares = €3590 (€71.8 × 50)

€/$ = 0.75

Price in $ = $4786.666667 (3590/0.75)

d. Erin will lose $26.76 if she sells today.

Gain or Loss = Today's price ($) - Price a year ago ($)

Gain or Loss = -26.76616915 ($4786.666667 - 4813.432836)

4 0

3 years ago

You're telling your boyfriend about your classes for the new semester. He is very interested and intrigued by the idea of becomi

fredd [130]

Answer: False.

Explanation:

Fraud examination and forensic accounting as a career is not only restricted to government employment alone: a fraud investigator and forensic accountant can also work in an insurance companies to investigate damages payment claims, and also they can be employed by companies to ensure no financial abnormalities are going on in their firm.

8 0

3 years ago