Based on the information given the net income is $163.66.
<h3>
Net income</h3>
First step:
Profit margin = [(ROE)(Total asset)] / [(1 + Debt equity ratio)(Sales)]
Profit margin = [(.11)($2,604)] / [(1 + 0.75)( $5,783)]
Profit margin = 286.44/(1.75) ($5,783)
Profit margin = 286.44/10,120.25
Profit margin = .02830
Second step:
Profit margin = .02830 = Net income / Sales
Net income = .02830($5783)
Net income = $163.66
Inconclusion the net income is $163.66.
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Answer:
The journal entry is given below:
Explanation:
According to the scenario, the journal entry for the given data are as follows:
Given data:
1. Paid $45
2. Paid $400
Journal Entry.
1. Maintenance exp. A/c Dr $45
To Cash A/c $45
(Being the maintenance expense is recorded)
2. Truck Asset A/c Dr $400
To Cash A/c $400
(Being the installing asset is recorded)
The third one is most appropriate ! as it shows that the money can be stored and later we can use !
The discounted cash-flow analysis focuses primarily on the timing of cash flows.
Timing and Cash Flow
Timing is when you get your money compared to when you lose it. And it's just as important as how much money you have each month. Mortgage payments are a good example. Most likely, the mortgage will be debited from your account on the 12th of the month.
Suppose a project pays for itself during the life of the project. Increasing the size of the initial cash inflow shortens the payback period, all else being held constant.
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