Answer:
His return on investment is negative 8.7%
Explanation:
Thomas purchased 2,500 shares of EKK at $54 per share (=$135,000 / 2,500).
He received $750 (= $0.30 x 2,500) in annual dividends.
He sold his 2,500 shares at $49 per share = $122,500
The total amount of money he received from his investment is $122,500 + $7
50 = $123,250, then we divide that by $135,000 = 0.913 - 1 = -8.7%
Answer: See explanation
Explanation:
It should be noted that:
Working capital = Current assets - Current liabilities
$356000 = $412000 - Current liabilities
Current liabilities = $412000 - $356000
Current liabilities = $56000
Stockholders equity = Total asset - Total liability
Total asset = $412000 + $524000 = $936000
Total liabilities = $56000 + $274000
= $330,000
Stockholders equity = Total asset - Total liability
= $936000 - $330000
= $606000
Answer:
49.6 days
Explanation:
The average inventory days outstanding is an example of an activity ratio. Activity ratios measures the efficiency with which comapnies carry out their daily tasks
The average inventory days outstanding = number of days in a period / inventory turnover
inventory turnover = cost of goods sold / average inventory
Average inventory = (6,852 + 7,036 ) / 2 = 6944
$51,098/ 6944 = 7.365
365/ 7.365= 49.6 days
ok whts the fight abt? how long have yall been fighting?
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