First question, please help. My teacher is super mad rn, need to finish dis.

James owns a vacant property. By law, he can build the following building types, which generate a return on investment as listed

Dima020 [189]

Answer:

Office building

Explanation:

The formula to compute the return on investment is shown below:

Return on investment = Operating Income ÷ Average Operating Assets

It is a mix of operating income and the average operating assets through the return on investment could be computed

Since the return on investment is already given in the question

And, the higher return on investment is the best one for property use

So the office building has a higher return on investment i.e 13.5% which reflects the best for property usage.

6 0

3 years ago

Expenses recognition Sun Microsystems uses the accrual basis of accounting and recognizes revenue at the Lime it sells goods or

s2008m [1.1K]

Answer:

Sun Microsystems

Amount of Expenses to recognize during the months of June, July, and August in each of the following transactions:

a. Rent Expense = $30,000

b. Utility Expense = $4,650

c. Supplies Expense = $9,700

d. Property Taxes = $1,800

e. No expense is recognized.

f. Salary Expense = $4,500

g. Advertising Expense = $6,600

Explanation:

Data and Calculations:

a. Rent Expense = $180,000/12 * 2 = $30,000 Rent Prepaid $150,000

b. Utility Expense $4,560

c. Supplies Expense $9,700 ($12,600 - $2,900)

d. Property Taxes = $7,200 *3/12 = $1,800

e. No expense is recognized for the advance payment for delivery van.

f. Salary Expense $4,500

g. Advertising Expense $6,600

4 0

3 years ago

The net decrease in Prepaid Expenses (Prepaid) amounts to $30,000 and the net decrease in Accounts Payable (AP) is $20,000. Assu

tester [92]

Answer:

Net decrease in prepaid expenses of $30,000 will be added to the net income in adjustments to net income because it will be considered that working capital (inventory or any other expense) has been generated by the operations.

Net decrease in Accounts payable of $20,000 will be deducted from net income in adjustments to net income because decrease in accounts payable means that cash has been paid to the outstanding payables.

Net effect of the above transactions is $30,000 - $20,000 = $10,000

So, net income will be increased by $10,000 as net effect of the above adjustments.

7 0

3 years ago

Hannah Township has a General Fund, two Capital Projects Funds, one Permanent Fund, two Enterprise Funds, two Internal Service F

NeTakaya

Answer:

c. Four (4)

Explanation:

5 0

3 years ago

An industry analysis for manufacturers of a small personal care gadget observed the following characteristics: 1. Industry sales

mina [271]

Characteristics 4 and 5 would be typical of an industry that is in the start-up stage.

Explanation:

Following characteristics would be typical of an industry that is in the start-up age :

4. The current penetration rate in the United States is 60% of households and will be difficult to increase.
The households between $1 million and $2 million in net worth is given below :
$1,000,000 in wealth is near the 88% in America.
Around 15,117,804 are households that matched this bracket or more.

5 Manufacturers compete fiercely on the basis of price, and price wars within the industry are common.
There are certain strategies which includes
price matching,
evaluating the competitors,
product re-branding,
creative advertising and marketing

3 0

3 years ago