Answer:
3.15%
Explanation:
The computation of the arithmetic average rate of return is shown below:
Arithmetic mean = (Year 1 + year 2 ...... Year n return) ÷ (Total number of years)
The rate of return is
= (Capital gain + dividend) ÷ Price
For 2010 - 2011 = ($110 - $100 + 4) ÷ $100 = 14%
For 2011 - 2012 = ($90 - $110 + $4) ÷ $100 = -14.55%
For 2012 - 2013 = ($95 - $90+ 4) ÷ $90 = 10%
Now the arithmetic average rate of return is
= (14% - 14.55% + 10%)
= 3.15%
Answer:
debit teaching supplies expense
credit teaching supplies
(9000-3840)
9000 is from general ledger
Explanation:
Answer:
<em><u>Convenience products.</u></em>
Explanation:
Convenience products are those goods or services that are purchased by the consumer with high frequency without comparison criteria or high purchasing efforts. These products are widely distributed so that the consumer has the availability of purchase at any time. Examples include magazines, fast food, detergents and beverages.
Some of its features are:
- Low price,
- Classified as non-durable goods,
- High frequency of replacement at points of sale,
- Easy replacement products
Answer: D. The neighbor, because obtaining financing was a condition precedent.
Explanation:
Even though it wasn't listed in the written contract, there was the condition precedent that the contract would not be binding unless funding was obtained. Condition precedent is a condition that must happen for a contract to become enforceable.
Funding was not obtained so the contract cannot be enforced. The neighbor would therefore prevail so long as the owner admits that there was indeed a condition precedent.
Randall is an electrical assistant and receives an hourly wage. He is eligible for overtime pay which makes him a nonexempt employee.
<h3>Who is a nonexempt employee?</h3>
A non-exempt employee is an employee who is eligible to get a minimum range of salary and overtime payment for which he or she works.
- Exempt employees and nonexempt employees are differentiated under the Fair Labor Standards Act (FLSA)
- Any job governed by a different federal labor law would likely be excluded from FLSA requirements
- There are other classifications of employees in addition to exempt and non-exempt including trainees, interns, temporary workers, and volunteers are also covered in which they have their pay requirements under the FLSA or state law
- Nonexempt employees do not come under managerial positions, they are enrolled with less responsibilities compared to exempted employees
To learn more about Exempt employees and nonexempt employees, refer to:
brainly.com/question/28136801
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