Answer:
11.36%
Explanation:
Given:
Selling cost of the stock at the beginning of the year = $22
Selling cost of the stock at the End of the year = $24
Dividends received = $0.50 per share
Thus,
The actual amount received at the end of the year
= Selling cost of the stock at the End of the year + Dividends received
= $24 + $0.50
= $24.50
thus,
the interest received = $24.50 - $22 = $2.50
therefore, the rate of interest = 
or
the rate of interest = 
or
the rate of interest = 11.36%
Franchising is the practice of paying a company to use its name, resources and operation systems.
The effect of each transaction on the accounting equation is to be shown in the attachment below.
The following information should be considered:
- In the accounting equation, the total assets should be equivalent to the total liabilities & the shareholder equity.
- It determined the financial position, performance of the company.
- It is known as the presentation of the balance sheet.
In this way, the accounting equation should be prepared.
Learn more: brainly.com/question/14689492
Answer:
production schedule for July = 815 10-inch skillets
Explanation:
price of 10-inch skillet $28
projected sales 625 units
costs:
- direct materials $6
- direct labor $3
- manufacturing overhead $5
- sales and administrative expenses $1,000
beginning inventory 60 units
ending inventory 40% of August sales
production during July = (projected sales - beginning inventory) + (40% x projected sales August) = (625 units - 60 units) + (40% x 625 units) = 565 units + 250 units = 815 10-inch skillets
