Answer and Explanation:
The computation is shown below:
1. The Return on assets is
Return on assets = (Net income) ÷ (average of total assets)
where,
Net income is $6,500
Average total assets = (Beginning total assets + ending total assets) ÷ 2
= ($29,768 + $38,497) ÷ 2
= $34,132.50
Now put these values to the above formula
So, the return on asset is
= $6,500 ÷ $34,132.50
= 19.04
2. Cash Return on assets is
= Operating cash flows ÷Average total assets
= $9,314 ÷ $34,132.50
= 27.29%
3 Cash flow to sales ratio is
= Operating Cash Flow ÷ Net sales
= 9,314 ÷ $23,451
= 39.72%
And, Asset turnover ratio is
= Net sales ÷Average total assets
= $23,451 ÷ $34,132.50
= 0.68 times
<span>Read and follow all health and safety postings;Follow safe work practices;Help reduce work hazards;Report all occupational injuries and illnesses;Report hazardous conditions;Cooperate during an OSHA inspection; and<span>Exercise rights under the OSH Act in a responsible manner.</span></span>
Answer:
Kristie reports the following income from KKM during the current tax year: (A) $54,000 ordinary income; $9,000 charitable contribution.
Explanation:
From the provided data;
KKM's net ordinary income = $180,000 ($280,000 ordinary income - $80,000 of office expenses - $20,000 payment to Kaylyn).
Since the cash distributions to Kaylyn and Megan are not deductible.
Kristie's share of this income is equal to
30% of KKM's net ordinary income
= 30% 0f $180,000
= $54,000.
In addition, Kristie reports 30% of partnership charitable contribution
= 30% of $30,000
= $9,000 of her share of the partnership's charitable contribution.
Therefore, Kristie reports the following income from KKM during the current tax year: $54,000 ordinary income; $9,000 charitable contribution.
Bonds because bonds are fixed return that means if they say you're getting 3% return you are getting that not less than or greater than
<u>Answer:</u>
<u><em>(B) The family culture
</em></u><em> is power-oriented and headed by a leader who is regarded as a caring parent</em>
<em></em>
<u>Explanation:</u>
Family is likewise critical to how an individual grows in diverse cultures; a family shapes its very own one of a kind culture, that is, its "family culture". This family culture impacts individuals from the family because the way of life of a family shows people how to deal with strife, tune in, learn controls, and convey as a rule. These components affect how an individual carries on towards other relatives and others in the public arena and is based on what their families educate them.
