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4 years ago

Which piece of information would you find on an income statement?

Business

1 answer:

Tatiana [17]4 years ago

3 0

The answer is cost of goods sold... brainliest plz

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Earned income and capital gains (or "portfolio income") are acquired in different ways. Which statement describes how they are d

Lisa [10]

The answer is B. I just had this question on Edgenunity.

5 0

3 years ago

Read 2 more answers

How has globalization made countries more interdependent? Check all that apply. Countries now rely on one another for vital reso

Wewaii [24]

How has globalization made countries more interdependent? Check all that apply.

Countries now rely on one another for vital resources.

Countries now rely on each other for new industries.

Countries now rely on one another for chances to import.

Countries now rely on one another for an employment base.

Countries rely on each other for cheaper products.

Countries now rely on one another for chances to export.

so its 1,2,3,5,6

3 0

3 years ago

Read 2 more answers

West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perfo

Over [174]

Answer:

19.7%

Explanation:

The modified internal rate of return is a capital budgeting method used to determine the profitability of an investment. The MIRR assumes that cash inflows are reinvested at the firm's cost of capital and outflows are financed at the firm's financing cost.

MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n) - 1

Future value = payment x[ (1 + interest rate)^n - 1 ] / interest rate

$193,000 x (1.17^5) - 1 / 0.17 = 1353779.24

1353779.24 / $551,000) ^0.2 - 1 = 19.7%

6 0

3 years ago

Year-to-date, Yum Brands had earned a 4.40 percent return. During the same time period, Raytheon earned 4.93 percent and Coca-Co

evablogger [386]

Answer:

3.612%

Explanation:

The computation of portfolio return is shown below:-

Portfolio return = (Return of Y × Weight of Y) + (Return of R × Weight of R)

+ (Return of C × Weight of C)

= (4.40% × 40%) + (4.93% × 40%) + (-0.60% × 40%)

= 1.76% + 1.972% - 0.12%

= 3.612%

Therefore for computing the portfolio return we simply applied the above formula.

5 0

4 years ago

Kate Company purchased a tractor at a cost of $120,000. The tractor has an estimated salvage value of $20,000 and an estimated l

Irina18 [472]

Options :

A) Straight-line

B) Units-of-production

C) Double-declining-balance

D) All methods produce the same expense in 2017

Answer:

C.) Double declining balance

Explanation:

Given the following:

Cost of tractor = $120,000

Salvage value = $20,000

Estimated life = 8 years or 12000 hours of operation

Purchase date = January 1, 2016

2016 usage = 2400 hours

2017 usage = 2100 hours

Depreciation Expense :

Using the straight line Depreciation :

(120,000 - 20,000) / 8 = 100,000 / 8 = $12,500

Double declining balance :

(100%)/8 = (0.125) * 2 = 0.25

0.25 * 120,000 = 30,000

Unit of production:

(120,000 - 20,000) * (2100 / 12,000)

= 100,000 * 0.175 = $17500

5 0

4 years ago