Answer:
a. 6.00%
b. 3.10 times
c. 18.60%
Explanation:
The computations are given below
As we know that
a. Profit margin is
= Income from operation ÷ Sales × 100
= $25,854 ÷ $430,900
= 6.00%
b. Investment turnover is
= Sales ÷ Invested assets
= $430,900 ÷ $139,000
= 3.10 times
And,
c. Return on investment is
= Profit margin × investment turnover
= 6 × 3.1 times
= 18.60%
Therefore, we use the above formulas
Answer:
Option B (bail-out) is the correct approach.
Explanation:
- For something like a variable annuity, a clause states that even though the investment on either the annuity happens to fall underneath a specified amount, the insured person will make additional withdrawal effects through loss.
- It eliminates the owner from those in the contract unless the transactions do not exceed a sum negotiated upon.
Some other available choices do not apply to the types of situations in question. So that the argument presented above should be appropriate.
Answer: $7,875 per year for each of the first two years.
Explanation: The method to calculate the amount of depreciation using the straight line method is to subtract the salvage price from the purchase price and then divide it by the numbers of years in its useful life.
($35,400 - 3,900)/4 = $31.500 / 4 = $7,875 per year
$7,875 is the amount of depreciation for each year of the four years of the truck’s useful life.
Answer:
The statement is absolutely wrong.
Explanation:
The reason is that the just like humans, a company is also part of the society and so it owes a duty of care towards them. The least that an organisation can do is to compensate the stakeholders that are harmed by their operations.
In the nutshell, the animals and plants are also part of our society and they have an equal right to live on this planet as we have. The least the company can do is not harm them or if it harms them due to its negligence then it should compensate them.
