Find the total value by multiplying total acres by price per acre:
180 x 3000 = $540,000
Divide total value by number of siblings:
540,000 / 3 = $180,000
Answer: $180,000
Answer:
The sustainable Growth Rate is 15.46%
Explanation:
Return on equity= (Net income/Equity Shareholder's Fund) * 100
= ($19,789 / $83,200) * 100
= 23.78%
Payout ratio is 35%.
Therefore, Retention Rate is 65% or 0.65
Sustainable Growth Rate = Return on Equity * Retention Rate
= 23.78% * 0.65 =
= 0.2378 * 0.65
= 0.15457
= 15.46%
Thus, the sustainable Growth Rate is 15.46%
False, An adjusted trial balance does not list the revenues and expenses of a business.
- No entry is made under the accrual system of accounting until the money has been paid.
- Additionally,<u> an </u><u>adjusted trial balance</u><u> does not include a </u><u>business's revenues and costs.</u> The net income will be inflated if a corporation doesn't make an adjustment entry for accrued revenues.
What is an adjusted trial balance ?
- At the end of an accounting period, the balances of all accounts, including those that have been amended, are displayed in an adjusted trial balance.
- Its goal is to demonstrate that, after all adjustments, the total debit and total credit balances in the ledger are equal.
Which of the following is true of a trial balance?
A trial balance with equal debit and credit balances proves that the accounts are in balance.
Learn more about adjusted trial balance
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Answer:
You have the answer yet? I am stuck on this question as well!
Explanation:
D: because it can't be C, B, A or because they have their own definition