Answer:
29.37%
Explanation:
Rate of return = Average annual income/Average initial investment
Average annual income = $3,700
Average initial investment = (I+s)/2
Average initial investment = (25,200+0)/2
Average initial investment = $12,600
Rate of return = $3,700/$12,600
Rate of return = 0.2936508
Rate of return = 29.37%
Answer:
D. $6,000
Explanation:
The book value of a new asset includes the purchase price and other related costs that make it ready for use. For Woodstock company, the book value of the new machine will be the buying price of 40,000 plus 1000 transport costs.
Book value = $41,000
The straight-line depreciation method charges equal amounts throughout the life of the asset.
The depreciable amount = asset value - salvage value
=$41,000 - $5000
=$36,000
The depreciation rate = 1/6 x 100
=16.66 %
Annual depreciation = 16.66% x $36,000
=16.66/100 x $36,000
=0.16667 x $36,000
=$6,000
Assuming the total amount of gasoline purchased is 12 million barrels per day. The percentage change in the quantity demanded is: 50%.
<h3>Percentage change in the quantity demanded</h3>
Using this formula
Percentage change in quantity demanded= (Total amount of gasoline purchased- total amount of gasoline purchased in united states)/ Total amount of gasoline purchased in united states×100
Let plug in the formula
Percentage change in quantity demanded=(12 - 8) / 8
Percentage change in quantity demanded =4/8×100
Percentage change in quantity demanded=50%
Inconclusion the percentage change in the quantity demanded is: 50%.
Learn more about percentage change in the quantity demanded here:brainly.com/question/25364127
Answer:
When goods were sold to Shiva :
Shiva A/C Dr Rs.10,000
To Sales A/C Rs.10,000
(Being goods sold to Shiva)
When goods are being returned by Shiva :
Sales Returns A/C Rs.2000
To Shiva A/C Dr Rs.2000
(Being goods returned by Shiva)
When Cash is received from Shiva :
Cash A/C Dr Rs.8000
To Shiva A/C Rs.8000
(Being Cash received from Shiva)
HOPE THIS HELPS!!!
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Answer:
($1,575)
Explanation:
The computation of net cash flow from financing activities is shown below:-
Lexington Company
Net cash flow from financing activities
Particulars Amount
Cash received from common stock $650
Less:Cash paid for repayment of loan ($1,405)
Less: Cash paid for dividend ($820)
Net cashflow from financing activities ($1,575)
So, to reach the net cashflow from financing activities we simply added the cash received from common stock and deduct the cash paid for repayment of loan and cash paid for dividend.
