Answer:
$624, 750
Explanation:
Purchases = 900,000
Sales = 1500000
Price index = 110%
Inventory= 189750
1,500,000 - [{($150,000 x 110%) + $900,000} - $189,750]
=1,500,000 - [($150,000 x 1.1) + $900,000] - $189,750
= 1,500,000 - (1065000 - 189750)
= 1,500,000 - 875250
=$624,750
Gross profit. = $624750
Today, Colombia is the dominant producer of U.S. cut flowers, with roses, carnations, spray chrysanthemums and Alstroemeria among its top crops
Answer:
e. Short-term debt securities such as Treasury bills and commercial paper.
Explanation:
- A money market is an organized exchange market and were the participant can lend and borrow short terms high quantity debt security with an average maturity with less than and year. And thus enables the government and other institutions of the short terms securities.
A) get money from other sources
Answer:
<u>Return on equity (ROE) for Firm A</u> = 11.99%
<u>Return on equity (ROE) for Firm B</u> = 25.33%
Explanation:
Return on equity (ROE) = net income by shareholders' equity
<u>Return on equity (ROE) for Firm A </u>
30,700/256,000 x 100= 11.99%
<u>Return on equity (ROE) for Firm A </u>
115,000/454,000x 100 = 25.33%