Answer:
The answer is $135,000
Explanation:
FV = P * ([1 + I]^N - 1 )/I
FV= 5800* ([1 + 0.06]^15 - 1 )/0.06 = $135,000.35= <u>$135,000</u>
Answer:
<h2>I believe your answer is A </h2>
Answer:
$8,200
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.
So the cost of goods sold =
800 x $9 = $7200
100 × $10 = $1000
Total cost of goods sold = $7200+$1000 = $8,200
I hope my answer helps you
Answer:
ROE=2.7995/40.9=6.84%
ROA=2.7995/69.5=4.03%
Explanation:
ROE
Return on equity of Ladder, Inc shall be calculated using the following formula:
ROE=Net profit/Equity
Net profit=5.5%*50.9=$2.7995 million
Equity=$40.9 million
ROE=2.7995/40.9=6.84%
ROA
Return on asset of Ladder, Inc shall be calculated using the following formula:
ROA=net profit/total assets
net profits=$2.7995 million
Total assets=Total equity+total liabilities
=40.9+28.6
=$69.5 million
ROA=2.7995/69.5=4.03%
Answer:
C. Increase aggregate demand.
Explanation:
John Maynard Keynes theory of economy told that a Government should spend money on the economy of the country to increase the demand which will increase the employment and growth of the country's economy. Also he told that the government should reduce the taxes in the conditions of weak economy of the country.
