Complete Question:
The first two files attached contain the complete question
Answer:
Other file shows a step by step solution as follows
answer 1
answer2 etc
Answer:
IGR = 9.1640%
Explanation:
.45 dividend payout ratio
1 - .45 = .55 retention ratio
ROA = Return on Assets
Income before taxes 6,200
Assets 11,820 + 28,800 = 40,620 Total Assets
ROA 6,200 / 40,620 = 0.15263417
IGR = 0.09164031 = 9.1640%
Answer:
Direct channel
Explanation:
Manufacturers when directly reach out to the customers by making the product available to them without involving any intermediaries are using direct channel of distribution.
in this case, Jamil sells furniture made by him directly to the customers by advertising it on his website. He is using direct channel of distribution in this case.
<span>Non price determinants are held constant for any given demand curve.
</span>Changes in nonprice determinants of demand that affect the opportunity cost or benefits of buying a good<span> cause shifts in the demand curve.</span>
Answer:
3 years after the right of return has expired
Explanation:
Generally accepted accounting principles (GAAPs) specify the scenario wherein revenue is to be recognized.
As per the accrual principle, revenue is to be recognized when earned and not when actual cash is received against it.
In the given case, the company allows it's customers to return the products sold within a period of three years. Hereby, the company must make a provision for contingency against future returns.
Here, the business should be able to estimate the number of vacuums that would be returned. Here, the company is unable to do so owing to no past record or history.
Hence, the company may have to wait till maximum period of 3 years i.e the time when products can no longer be returned, for recognizing revenue associated with the sales.
