Answer:
Turnover index = 13.74
Explanation:
Given that,
Total no. of homes = 524
Sold homes = 72
We need to find the turnover index in this neighborhood. It is defined as the ratio total number of leavers in a month by your average number of employees in a month multiplied by 100.
In this situation,
Hence, the turnover index rate is 13.74.
Answer:
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Answer:
Check the following consideration
Explanation:
Since the business owner follows cash basis of accounting the treatment is amount expensed during the financial year can be shown as expenses. hence in the current case rent for 18months can be shown as expenses for that financial year and it can be shown as a deduction while computing tax liability.
The expected average rate of return in the fixed asset above is 36.92%. The rate of return is the income or loss of a proposed investment in a specified amount of time. In this case, a company wants to buy a 4-year life fixed asset which can increase the company's income by $240,000. We can calculate the rate of return by dividing the net income from the investment with the proposed investment to obtain the portion of return received from the investment<span>. Formula: (Net Income From The Investment/Proposed Investment) x 100%.</span>
