Answer:
d. All of these answer choices are correct.
Explanation:
There are two sections namely debit sections and credit sections. The total of debit and credit sections is always be matched and equaled
The debit sections reports assets and expenses side
whereas, the credit sections reports revenue, stockholder equity, and the liability side.
Moreover, the balances are used to prepare the financial statement i.e income statement, balance sheet, etc
The trail balance is prepared three times i.e non adjusted, adjusted and the post-closing trail balance
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:
b) $665,000.
Explanation:
Primer income: $625,000
SealCoat income: $50,000
Primer interest in SealCoat is 80% therefore primer is a parent company to SealCoat and is entitled to $40,000 (80%*$50,000) on SealCoat income.
Therefore, consolidated net income for 2013 is: $665,000 (625,000+40000)
Answer:
These are careers that are focused on running businesses.
Explanation:
The business management and administration career cluster are careers that are focused on the running of businesses. What it does is to help students prepare for effective and good careers on the processes of running good and productive businesses. It has several career pathways to follow in achieving this.
Option C
Disseminator role roles Tyler illustrates in this scenario
<u>Explanation:</u>
Disseminator is one of the several managerial roles recognized by the organizational researcher. Before managers can propagate data, it must initially be collected from inside as fine as from outside the company. A disseminator role is where you interact with probably valuable information to your co-workers and your crew.
On getting any relevant information from inside or external experts, the likewise needs to be distributed or communicated within the organization. The disseminator role includes partaking information down and beyond the organization, not up the authority; this is commonly reflected reporting.
