Answer:
<u>Lateral moraine</u>
Explanation:
It is important to note the duration of years here; 150 years ago. The Lateral moraine is a very familiar image when dealing with glaciers.
Therefore, the Lateral moraine would be most useful for tracing valuable gold deposits back to their bedrock source area since it is also an unconsolidated debris that is found on the side of glaciers.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $4,100
Equipment A/c Dr $23,000
Furniture A/c Dr $47,000
To Account payable $16,000
To Rodriguez's Capital $58,100
(Being all adjustments are recorded and the remaining balance is credited to Rodriguez's Capital.
Remaining balance is calculated by
= Cash A/c + Equipment A/c + Furniture A/c - Accounts payable
= $4,100 + $23,000 + $47,000 - $16,000
= $74,100 - $16,000
= $58,100
Answer:
Defection rate, or costumer defection rate is one of the major factors due to which a company can hit rock bottom. The costumer defection rate can be defined as the rate at which the existing costumers of a certain company leave a brand, to switch over a competitor, or stop using that certain type of product all together. If the marketers are considering the defection rate of a market segment, it means that they are considering the rate at which costumers are leaving a brand to join another, or leaving that market all together.
Answer:
1. WINFREY TOWING SERVICE
Statement of Comprehensive Income
$
Service revenue 10,800
Rent expense (550)
Salaries expense (1,900)
Dividends paid <u>(4,000)</u>
Net income <u> 4,350</u>
Statement of Retained Earnings
$
Retained earnings b/f 3,900
Add: Net income 4,350
Retained earnings c/f 8,250
2. Statement of retained earnings report changes in retained earnings of a company in a given accounting year.
Explanation:
In this question, we need to obtain the net income of the company, which is service revenue minus expenses minus dividend. Then, the statement of retained earnings is prepared by taking cognisance of the retained earnings brought forward and add the net income for the year.
Answer:
Average rate of return = 14
%
Explanation:
Average rate of return = Annual average return/ Average Investment
Average investment =( Initial investment + scrap value)/2
Average investment = 138,000 + 12,000/2 =75,000
Average annual return = Savings in cost - energy cost - depreciation
Depreciation = (initial cost - scrap value)/2= (138,000 - 12,000)/2= 12600
Average annual return = 29,780-6,680-12600= 10500
Average rate of return = 10,500/75,000 × 100= 14
%
Average rate of return = 14
%
