The right answer for the question that is being asked and shown above is that: "C) Mark will not be able to write checks from a money market account, which will encourage him to save money." This an issue that he needs to be aware of when comparing a money market account to a checking <span>account</span>
Answer:
the correct answer is YES ignore her above answer
Explanation:
Answer:
5.6
Explanation:
Here is the question for the data given: What is the merchandise inventory turnover for 2012?
Given: Inventory, beginning of 2012- $341,169;
Inventory, end of 2012- $376,526.
Cost of goods sold, 2012- $2000326.
Formula; inventory turnover rate =
First, lets calculate average of inventory
Average inventory=
Average inventory=
Now, lets find out inventory turnover rate.
Inventory turnover rate=
∴ Inventory turnover rate is 5.57 ≅ 5.6
Answer:
13%
Explanation:
Given that,
Investment (100% equity) = $700,000
EBIT = $140,000
Tax rate = 35%
Earnings after tax:
= Investment (100% equity) + Earnings before interest and taxes - Tax (35%)
= $700,000 + $140,000 - ($140,000 × 0.35)
= $840,000 - $49,000
= $91,000
ROE = Earnings after tax ÷ Investment
= $91,000 ÷ $700,000
= 13%
Answer:
<em><u>Steps for calculating your net worth </u></em>
- List your assets.
- Total your assets.
- List your liabilities.
- Total your liabilities.
- Subtract your liabilities from your assets.
Explanation:
Net worth is calculated when knowing the value of all your assets minus the value of your total liabilities.
To make this calculation is imperative that you list assets and liabilities and totalize them to know what is the exact figures that you must use to apply the following formula:
Assets - Liabilities=Net Worth