Answer:
The actual return on investment was 16.67%
Explanation:
the Return on Investment, will be the net income copared with the own funds (equity). So, we will compare the 50,000 net income with the owner's equity 300,000
50,000/300,000 = 0.1667 = 16.67%
The return on investment is 16.67% This means for every dollar of equity the comany earn 16.67 cent
It also means the company will return their entire investment in:
1/ROI = 1/0.166666 = 6 years
Answer:
Really want to help but I cant . Maybe next time I can help Maybe not but because we dont meet again
By the way .... this Virus.
mmuah thabks for the points
Answer: 5,745 units
Explanation:
Given that,
Plans to sell:
6,000 purple lawn chairs during May
5,700 in June
6,000 during July
company keeps 15% of the next month's sales as ending inventory
Units should Doe produce during June:
= Sales in June + Ending inventory (15% of July sales) - opening Inventory (15% of June sales)
= 5,700 + 900 - 855
= 5,745 units
Answer:
The net amount of receivables is $154,000
Explanation:
For computing the net amount of receivables, first ,we have to compute the ending balance of accounts receivable and ending balance of allowance for Doubtful Accounts which is shown below:
Ending balance of accounts receivable = Beginning balance + credit sales - customers’ accounts collected - write off amount
= $150,000 + $600,000 - $590,000 - $4,000
= $156,000
And, the ending balance of allowance for Doubtful Accounts equal to
= Beginning balance - write off amount
= $6,000 - $4,000
= $2,000
Now the net amount of receivables equal to
= Ending balance of accounts receivable - ending balance of allowance for Doubtful Accounts
= $156,000 - $2,000
= $154,000
