After reading the segment, "let's go to
the movies," in the spotlight on small business box, you would suggest to
Sam that he differentiate the offering by transforming at least one of the
screens into a space where patrons can experience dinner and a movie.
Answer:
c. The return on total assets
Explanation:
The inventory turnover deals with the turnover of inventory during the period i.e in how many times the inventory is sold or rejected or replaced, etc
The quick ratio checks the liquidity position of the company
The return on total assets refers to the profit gains on the total assets average
And, the fixed charge coverage ratio shows the payment of its all debts with the available earnings
So for earning profits, the return on total assets is a better option
It's either Opening Entry or Account title following this order
Who, what, and When.
Who would be the company or the person's name
What would be if it's a balance sheet, income statement, Chart of accounts, or trial balance.
When is the date.
Example
Stockholm's Company
Balance Sheet
February 1, 2015
Answer:
$5,320
Explanation:
the journal entry to record the issuance of the bonds
January 1
Dr Cash 67,900
Dr Discount on bonds payable 2,100
Cr Bonds payable 70,000
the journal entry to record the first and second coupon payments
June 30 and December 31, first and second coupon payment
Dr Interest expense 2,660
Cr Cash 2,450
Cr Discount on bonds payable 210
Amortization of bonds payable = $2,100 / 10 coupons = $210 per coupon
total interest expense for the year = $2,660 x 2 = $5,320
The balance of trade between the U.S. imports of $2,294 billion and its exports of $1,593 billion is known as the trade deficit. The amount of the trade deficit is $701 billion.
Data and Calculations:
Total imports in 2013 = $2,294 billion
Total exports in 2013 = $1,593 billion
Trade deficit = $701 billion ($2,294 - $1,593)
Thus, the trade deficit arises when the U.S. imports goods of higher dollar value than its exports to other nations in 2013.
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