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2 years ago

With the start of each new era in japan, the country's capital changed locations. why?

1 answer:

8 0

With the start of each new era in Japan, the country's capital changed locations because of the reason that they wanted to be under the governing of a new head or leader. The capital wanted to start fresh, and new.

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Closing entries are required: Multiple Choice If management has decided to cease operating the business. Only if the company adh

vodomira [7]

Answer: So that Revenue, expense, and dividends accounts must begin each period with zero balances

Explanation:

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2 years ago

How does Quickbooks online use smart learning?

kvasek [131]

Answer:

Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?

Explanation:

4 0

1 year ago

Read 2 more answers

Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets (which is equal to its total inves

adelina 88 [10]

Answer:

1.74%

Explanation:

17% Debt 50% Debt

Sales $500,000 $500,000

Less: Cost $450,000 $450,000

Less: Interest $5,546 $17,400

Profit before tax $44,454 $32,600

Less: Tax at 35% $15,559 $11,410

Net Income $28,895 $21,190

Equity $361,050 $217,500

Return on Equity 8.00% 9.74%

Change in ROE = 9.74% - 8.00% = 1.74%

Workings

Interest (17% Debt) = 43,500*17%*7.5% = $5,546

Interest (50% Debt) = 43,500*50%*8% = $17,400

Tax (17% Debt) = $44,454 * 0.35 = 15,559

Tax (50% Debt) = $32,600 * 0.35 = 11,410

Equity (17% Debt) =435,000*83% = 361,050

Equity (50% Debt) = 435,000*50% = $217,500

Return on Equity = $28,895/$361,050 = 8.00%

Return on Equity = $21,190/$217,500 = 9.74%

7 0

2 years ago

Village East expects to pay an annual dividend of $1.40 per share next year, and $1.68 per share for the following two years. Af

VashaNatasha [74]

Answer:

$15.15

Explanation:

Given:

D1 = $1.4
D2 = $1.68
Growth = 3.4% = 0.034
Discount rate = 13.7 % = 0.137

As we know that:

P3= ($1.68 × (1+034)) / (0.137 - 0.034)= $16.86

So, P0:

= $1.40 / 1.137 + $1.68 / 1.1372 + ($1.68+ $16.86)/ 1.1373

= $15.15

Hope it will find you well.

8 0

2 years ago

Use "auto.Dta". The study claims that average price of foreign cars is more than average price of domestic cars. Check validity

Lynna [10]

Answer:

Yes.

Explanation:

Yes, the claim of statement ''The study claims that average price of foreign cars is more than average price of domestic cars.'' is correct because the cars which is imported from foreign countries have high duty on them. This duty tax on these cars make them very expensive while on the other hand, the domestic cars have no duty on it so they are lower in price as compared to foreign cars.

5 0

2 years ago