Answer:
they work hard and dedication
Explanation:
Answer:
$6.98 per pound
Explanation:
The computation of the selling price per pound is shown below:
As we know that
8 pounds of coffee sells for $9.20 per pound which equal to
= 8 pounds × $9.20 per pound
= $73.6
And, 12 pounds of coffee is for $5.50 per pound which equal to
= 12 pounds × $5.50 per pound
= $66
The total value would be
= $73.6 + $66
= $139.60
And, the total number of pounds would be
= 8 pound + 12 pound
= 20 pounds
And we assume the selling price per pound be X
So, the equation would be
$139.60 = 20 pounds × X
So, X would be
= $139.60 ÷ 20 pounds
= $6.98 per pound
Answer:
income from continuing operations.
Answer:
Option B $128700
Explanation:
The amortization can be calculated using the following formula:
Amortization for the Year = Assets Value * (Turquoise Extracted / Total Turquoise)
Amortization for the Year = $429,000 * (1950/6,500) = $128,700
The method used is depletioning method because it seems that the company will extract all of the turquoise within the 3.33 year time (6500/1950), which is within the 5 years duration for which the right to extract the turquoise is purchaseed. Otherwise the straigth line method would had be used here.
Answer:
Option C is correct (8.95%)
Return on equity is 8.95%
Explanation:
Option C is correct (8.95%)
Return on Equity:
It is the measure of how well company is making profit in relation to stock holder equity.
General Formula formula for return on equity is:
ROE= Net Income/Shareholder Equity
In our Case:
Formula will become:
Net Income= $48,200
Sales=$ 947,100
capital intensity ratio=0.87
equity multiplier=1.53
Return on equity is 8.95%