Answer:
Ending inventory in units= 204
Explanation:
Giving the following information:
Beginning inventory= 85 units that cost $22 per unit.
Purchase= 481 units at $19 each.
Sales= 362 units for $46 each.
<u>To calculate the ending inventory in units, we need to use the following formula:</u>
Ending inventory in units= total number of units - units sold
Ending inventory in units= 566 - 362
Ending inventory in units= 204
Answer:
The percentage rate of growth from 2010 to 2011 is the 1237.3%
Explanation:
The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:
1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.
2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.
3. You replace the values in the following formula:
percentage rate or growth =(( <u> Final growth figure </u> ) ) x 100
Base figure
percentage rate or growth =(( <u> 73 </u> ) ) x 100
5.9
percentage rate or growth = 12.3728 x 100
percentage rate or growth = 1237.28
4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.
percentage rate or growth = 1237.3%
Missing information attached along with the complete worksheet
Answer:
rent expense 1,700 debit
prepaid rent 1,700 credit
dep expense 350 debit
acc dep equip 350 credit
advertizing expense 1,400 debit
prepaid advertizing 1,400 credit
Explanation:
advertizing:
5,600 divide into 4 months = 1400 accrued per month
depreciaton:
42,000 / 10 years = 4,200
then we divide by 12 month: 350
Answer:
The correct answer is 10.72% ( Approx.).
Explanation:
According to the scenario, the given data are as follows:
Debt ratio = 46.5%
Capital intensity ratio = 2.51 times
Profit margins = 21%
Dividend payout = 38%
Formula to calculate sustainable growth rate ae as follows:
Sustainable growth rate = (Earnings retention rate × Return on equity ) / ( 1 - (ROE × RR)
where, Retention rate =(1 - dividend payout rate)
= (1-0.38) = 0.62
ROE = Profit margin × Total asset turonver × Equity multipler
= Profit margin × 1/capital intensity ratio × 1/(1-debt ratio)
= .21 × (1/2.51) × 1/(1-.465)
= .21 × 0.398 × 1.869
= 0.1562
=15.62%
So, Sustainable growth rate = (0.1562*0.62) / 1 - (0.1562*0.62)
= 0.096844 / 0.903156
= 0.1072
= 10.72% (approx.)
Hence, the correct answer is 10.72% (approx.).
