Answer:
This project should be rejected because the AAR is 10.68 percent.
Explanation:
The accounting rate of return of the project needs to computed,compared with the required accounting rate of return in order to decide whether the project should accepted or rejected:
Profit margin=$86,800*6%=$5208
Average operating assets=($97,500+$0)/2=$48.750
Accounting rate of return=profit margin/average operating assets*100
Accounting rate of return=$5,208/$48,750*100=10.68%
The project accounting rate of return is lower than the required accounting rate of return,hence the project should be rejected.
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
Answer:
The Journal entry is as follows:
Land A/c Dr. $245,000
Building A/c Dr. $374,000
To Common stock, $8 par value $232,000
To Paid-in capital in excess of par value, common stock $387,000
(To record issuance of the stock in exchange for the land and building)
Workings:
Common stock = $8 × 29,000 shares
= $232,000
Answer:
Placement
Explanation:
Money laundering is an illegal process of concealing the money obtained through an illegal act by passing it through a series of other complex transactions .
It involves the three stages of placement , layering and integration.
Placement is the first stage of money laundering after movement from the source where illegal proceeds are disguised by placing them into circulation through deposit into financial institution to allow easy layering.
Hank's action of exchanging the stolen money for cashier's check is a typical example.
