Answer:
The statement is: True.
Explanation:
The Annual Rate of Return or Yearly Rate of Return is the amount earned over an investment within one year. It is typically represented as a percentage and takes into consideration capital appreciation and the payment of dividends. The formula to calculate the annual rate of return is the following:
Annual Rate of Return = (EYP - BYP)/BYP X 100%
Where:
EYP = End of year price
BYP = Beginning of year price
Answer:
given statement is true
Explanation:
given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because
the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect
because change by the cash to the marketable securities
so as that given statement is true
Solution :
We calculate the advances form the customer to be reported as the current liability as on Dec. 31, 2009 in the balance sheet as follows :
<u> Particulars </u> <u> Amount ($)</u>
Customer advances the balance Dec 31, 2008 110
Add : advances that is received with 2009 orders is 195
Less : advances applicable to the orders in 2009 -180
Less : advances from orders that are canceled in 2009 <u> -45 </u>
Advances from the customers liability Dec. 31, 2009 80
Therefore, the advance from the customer to be reported in the balance sheet as the current liability is $80.
An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.
<h3>What is inequality?</h3>
Inequality can be defined as the way in which income or wealth are not distributed equally in a society as some people earn more than others.
Hence, their is the presence of social inequality within a society if a investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.
Learn more about inequality here:brainly.com/question/24143597
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Pn = P0(1+r)∧n
Pnis future value of P0
P0 is original amount invested
r is the rate of interest
n is the number of compounding periods (years, months, etc.)
P(n) = 2250(1+(.03/4)∧8
** since the interest is compounding quarterly, you need to divide the rate by 4, the number of quarters in a year.
Then you would do the math.
