There are many ways you can pay for your college tuition. First, you can find a part time job. Most colleges are gracious to students, especially working students. So they would usually allow installments on the tuition fee, with some added terms. If not, there would always be university scholarships if you happen to be doing well in your studies. There also is the option of student loans for those students who need help in paying for the tuition.
Answer:
yes, adjusting entries have been recorded in the general journal and posted to the ledger accounts
Answer:
c. Two weeks paid vacation.
Explanation:
Since Brain has a master's degree in electrical engineering and he also has 10 years of experience. He is very hardworking. He receives a salary of $75000. He also gets two week paid vacation. So the according to Brain's perspective the two weeks paid vacation is the individual-organization exchange relationship as a result of his hardwork .
Answer:
16.511%
Explanation:
According to the scenario, computation of the given data are as follow:-
For computing the return on equity we need to do following calculation
Net Income = (EBIT - Interest Rate) × (1 -Tax Rate)
= ($535,000 - $175,000) × (1 - 40%)
= $360,000 × 60%
= $216,000
Profit Margin = Net Income ÷ Total Sales
= $216,000 ÷ $5,000,000
= 0.0432 or 4.32%
Assets turnover ratio = 2.1
Debt to capital ratio = 45% or 0.45
Equity Multiplier = 1 ÷ (1 - 0.45) = 1.82
As we know that
Return on Equity = Equity Multiplier × Profit Margin × Assets Turnover
= 1.82 × 4.32% × 2.1
= 16.511%
According to the analysis, the company Return on equity is 16.511%
