Answer:
the accounting rate of return is 18.75%
Explanation:
The computation of the accounting rate of return is as follows:
But before that following things need to be determined
Depreciation expense is
= ($540,000 - $195,000 )÷ (5 years)
= $69000
The Net income is
= $170,250 - $69,000
= $101,250
Now the accounting rate of return is
= Net income ÷ Initial investment
= $101,250 ÷ $540,000
= 18.75%
hence, the accounting rate of return is 18.75%
Answer:
Explanation:
$
Sales 350,000
Operating costs (80,000)
Depreciation <u>(10,000) </u>
Profit before Interest & Tax 260,000
Interest charge @ 6.5% <u> ( 1,203)</u>
Profit before Tax 258,797
Tax @ 35% <u>( 90,579)</u>
Net Income <u> 168,218 </u>
I
Answer:
Total equivalent unit 86,688
Explanation:
We will use the weighted average method of valuation.
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.
</em>
Equivalent units = Degree of completion (%) × Number of units
Item Tons Working Equivalent units
Completed unit 82,400 82,400× 100% 82,400
Closing inventory 7,416 7,416 × 60% <u> 7,416 </u>
Total equivalent unit 86,687.6
Answer:
Probability will be 0.300
Explanation:
We have given that there are total 16 accountants
So total number of accountants = 16
In which there are are 9 CPA's
We have to choose 2 accountants and find the probability that these accountants are CPA's
For number of ways in which 2 accountants are chosen from 16 accountant
So number of ways =
Number of ways of choosing accountant who are CPA's =
So the probability of choosing accountant who are CPA's is
The correct designing principles that will be implemented to create the brochure will be Contrast and Repetition.
In the question, it is stated that a brochure has to be made for the business. The brochure will be designed such that the text will be in black color, the section headings will be blue, etc. In order to create such a brochure, the Designing principles will include Contrast and Repetition.
Contrasting and Repetition are based on making people visualize and highlight the key points of the brochure. It is basically based upon creating a contrasting difference between and highlighting the important key points in the brochure.
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