Answer:
57.9 %
Explanation:
Return on investment (ROI) is a financial ratio. It is used to measure the expected returns from in relation to the cost of investment.
The formula for calculating ROI is Net Income / Cost of Investment.
For tom tools factory, the ROI will be
net income $275,000
cost of investmet is $475,000
ROI = 275,000/ 475,000
RO1 = 0.5789473 X 100
=0.5789473
=57.894 OR
=57.9 %
A certificate of Deposit is a document whereby a bank promises to pay a payee a certain amount of money at a future time.
A record may be dependent, like tabular documents, lists, paperwork, or clinical chart, semi-dependent like an ebook or a newspaper article, or unstructured like a handwritten word. documents are sometimes classified as a mystery, personal, or public. they'll also be defined as drafts or proofs.
The purpose of a document is to facilitate the switch of records from its author to its readers. it is the author's activity to design the report so that the facts it contains can be interpreted accurately and effectively. To do that, the writer can employ a fixed of stylistic tools.
process documentation is the act of capturing or documenting all of the steps in a particular assignment. preferably, it has to happen in real-time. As employees carry out an assignment, they record every step they take.
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Yes because the money they get from marketing can be used for new and improved products
Answer:
debit Income Summary $12,000; credit Retained Earnings $12,000.
Explanation:
Based on the information given The entry to close Income Summary is:
Debit Income Summary $12,000
Credit Retained Earnings $12,000
(To close Income Summary)
