Answer:
Accounting rate of return = 20.53%
Explanation:
<em>The accounting rate of return is the average annual income expressed as a percentage of the average investment.</em>
The simple rate of return can be calculated using the two formula below:
Accounting rate of return
= Annual operating income/Average investment
× 100
Average investment = (Initial cost + scrap value)/2
= 30,000/2= 15,000
Accounting rate of return = ( 3080/15,000) × 100
= 20.53%
Accounting rate of return = 20.53%
The correct answer is choice b.
Banks are profit-making institutions. Their purpose is to make a profit for their owners or stockholders. They need to charge more interest on the money that they loan out than what they pay on savings accounts so that there is a profit for them.
Answer:
desks = 1,025
Explanation:
440
<u>+585</u>
1,025
Notice:
We should add the cost of the two desk to get the total amount.
The debt or account payable at the moment doesn't reduce the valuation fo the desk.
The depreciation will. But we are not given with any numebr to calculate this, so we should ignore it for this assingment.
1. you boss did not set a clear goal of your work expectation. he/she probably still sunk in your last year performance shadow. he/she judged your this year performance in accordance with whose his/her old impression
Distance ran by Chris Gilbert, D = 96 yards
Speed, S = 4.9 s / 40 yards
Time ran by Chris Gilbert, T = D x S
T = (96 yards) x (4.9 s / 40 yards)
T = 11.76 s, total time ran by Chris Gilbert
