Answer:
case 1: 12.49%
case 2: 21.20%
case 3: 9.48%
case 4: 13.98%
Explanation:
the rate stands for the period between the last day of the discount and the last day the invoice can be cancelled at nominal.
we equalize this with a rate which capitalize annually and solve for this rate:
![(1+discount)^{(net-d_t)/365} =1+r_e\\ r_e = \sqrt[(net-d_t)/365]{1+discount}](https://tex.z-dn.net/?f=%281%2Bdiscount%29%5E%7B%28net-d_t%29%2F365%7D%20%3D1%2Br_e%5C%5C%20r_e%20%3D%20%5Csqrt%5B%28net-d_t%29%2F365%5D%7B1%2Bdiscount%7D)
case 1:
![r_e = \sqrt[(60-10)/365]{1+0.016}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2860-10%29%2F365%5D%7B1%2B0.016%7D)
re = 0.1249 = 12.49%
case 2:
![r_e = \sqrt[(60-10)/365]{1+0.026}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2860-10%29%2F365%5D%7B1%2B0.026%7D)
re = 0.2120 = 21.20%
case 3:
![r_e = \sqrt[(75-10)/365]{1+0.016}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2875-10%29%2F365%5D%7B1%2B0.016%7D)
re = 0.0948 = 9.48%
case 4:
![r_e = \sqrt[(60-15)/365]{1+0.016}](https://tex.z-dn.net/?f=r_e%20%3D%20%5Csqrt%5B%2860-15%29%2F365%5D%7B1%2B0.016%7D)
re = 0.13977 = 13.98%
<span>Return on equity = 11.28 percent = 11.28/100 = 0.1128
debt-equity ratio =1.03
total asset turnover = 0.87
return on assets = ?
we can find return on assets by using the formula
= return on equity / (1 + debt equity ratio)
= 0.1128 / (1 + 1.03)
= 0.1128 / 2.03
= 0.0556 = 0.0556 x 100 = 5.56%
So, the return on assets is 5.56%</span>
Answer:
The correct answer is (B)
Explanation:
Advertising is an effective way to increase consumers and demand. In a perfect or solipsistic competition in order to compete with identical products companies usually apply different methods and techniques to distinguish their products. This technique is called non-price competition. Firms sometimes reduce their prices and give incentives to attract costumers to buy their product.
Answer:
formally ...................
Answer:
Explanation:
The proper adjusting entry is as follows
Supplies expense A/c Dr $603
To Supplies A/c $603
(Being supplies account is adjusted)
The supplies expense is computed by
= Supplies account balance - supplies on hand at the end of the year
= $873 - $270
= $603
Basically we debited the supplies expense account and credited the supplies account so that the proper posting could be done.
