Answer:
15%
Explanation:
Average Assets = (Opening asset + Closing asset) / 2
Average Assets = ($1,500,000 + $1,700,000) / 2
Average Assets = $3,200,000 / 2
Average Assets = $1,600,000
Return on assets = Net Income / Average assets
Return on assets = $240,000 / $1,600,000
Return on assets = 0.15
Return on assets = 15%
A landlord charges the same apartment rent as last year, but now adds a fee for parking spaces. This practice is known as <u>Unbundling</u>.
<u>Explanation:</u>
Unbundling means that certain items or the services are being marketed or are being charged for. This charge is separated and is not a part of the whole package.
In the above example, the landlord charged a separate amount as the fee of the parking lot of the apartment. This was not included in the rent of the apartment. Therefore it is known to be as unbundling because it is not a part of the bundle. It is separate.
Depletion is used as a deduction from the gross income
So if we're wrong in putting the depletion data, it will be very likely that the income statement for the following period would be overstated
Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.
Answer:
11.24%
Explanation:
Fisher equation:
(1 + nominal interest rate) = (1 + real interest rate) x (1 + expected annual inflation)
1 + nominal interest rate = 1.03 x 1.08
--> Nominal interest rate = 11.24%
