Answer:
Equity at August 1st 0
adds: Carmen Camry Investment 101,4000
Net Income 5,410
Subtotal 106,810
Withdrawals -5,950
Carmen Camry capital account at the end of August 31th 100,860
Explanation:
We have to calculae the net income
Fees earned 26,960
office 5,200
rent expense 9,500
salaries expense 5,560
telephone expense 820
miscellaneous expenses 470
Total Expenses 21,550
Net Income 5,410
Then we do the equity stamtent:
beginning + investment + net income - withdrawals = ending
Equity at August 1st 0
adds: Carmen Camry Investment 101,4000
Net Income 5,410
Subtotal 106,810
Withdrawals -5,950
Carmen Camry capital account at the end of August 31th 100,860
Answer:
weak
Explanation:
An organization's culture describe the behavior of an organization. It comprised of the beliefs and values that should be shared in the organization
In the case when there is a weak organization culture so here the rules of the organization should be less strictly followed instead of more strictly followed as it is a weak organization structure
Therefore the weak should be the term that should be applied in the current situation
If the U.S. government was concerned that the depreciating value of the US$ caused the Japanese government unstable, it would sell yen in the foreign exchange market. If successful the $/yen exchange rate would decline.
Explanation:
Yen that would increase market yen supply and market dollar demand, which would stabilise the dollar price. $/yen means the number of dollars for yen that may be purchased.
This value will decline as the dollar begins to appreciate.
The average Nikkei 225 fell by 7.2 percent relative to its April point at 14 May. And, in April, the yen increased to 109-110 from 112-113 to the dollar. The fall of the stock market did not cause the yen to rise for the first time. As the following chart shows, Japan's stock market downturn has been strongly influenced since 2004 by a high yen as a result of the increase in stock prices.
Answer:
C. (return on total assets) times (financial leverage multiplier)
Explanation:
The formula of return on equity using the DuPont system is presented below:
ROE = Profit margin × Total assets turnover × Equity multiplier
where,
Profit margin × Total asset turnover = Return on asset
The equity multiplier is
= Total assets ÷ shareholder equity
The total asset turnover equal to
= Sales ÷ Total assets
And, The profit margin equal to
= (Operating income ÷ sales) × 100
Answer:
See below
Explanation:
Computation of target pretax
Break even point (Target profit)
= (Fixed cost + Target profit) × Selling price / Contribution margin
= ($991,700 + $1,235,000) × $600 / $600 - $318
= $2,226,700 × $600 / $282
= 4,737,659.57
