<span>When employees confront information overload, they may resort to mentally shutting down. Mentally shutting down refers to someone having to stop thinking and give their brain a rest from all of the information they just received. When too much information is given at a fast, nonstop pace, it's hard to stay focused because the information is going all over.</span>
Answer:
A. $660
Explanation:
Total assets include current assets, fixed assets, and intangible assets Current assets include cash, stock, receivable account, etc. Fixed assets include plant & machinery, land, equipment, furniture & equipment, etc.
And the intangible assets are trademarks, copyrights, goodwill, and so$66 on.
The computation is shown below:
= Total assets - fixed assets
= $1,450 - $790
= $660
Answer:
Return on equity in 2017 is 12% while that of 2016 is 12.5%
Explanation:
The formula for return on equity is given as net income/equity.
The net income is $120000 for 2017 and $100000 for 2016.
Shareholders' average equity is 1000000 shares in 2017 and 800000 shares in 2016.
2017 2016
Return on equity 120000/1000000 100000/800000
Return on equity 0.12 0.125
The return on equity is 12.0% in 2017 and 12.5% in 2016.
From all indications, the issue of additional shares to the tune of $120000 lead to a reduction in return on equity in 2017 by 0.5%
<u>Solution and Explanation:</u>
The following journal entries will be passed in the books of accounts for the amoritzation and other necessary ones.
Jan 2 Patents 376950
Cash 376950
July 1 Franchise 547200
Cash 547200
Sep 1 Research and development expense 185500
Cash 185500
2
Dec 31 Amortization expense 97025
Patents 62825 = 376950 divided by 6
Franchise 34200 = (547200 divided by 8)* (6 divided by 12)
3 Patent 314125 = 376950 minus 62825
Franchise 513000 = 547200 minus 34200
E. 22.5 percent should be the answer