Answer: 0.32 times
Explanation: Return on assets can be defined as the ratio under which companies are evaluated on the basis of total amount of assets investment. It is a ratio that evaluates the profitability of a company, it shows the ability of a company to generate revenue from the assets invested in it.
It can be computed as following :-
= 0.32 times
Answer:
Dr Potter's 8% Bonds 100000
Cr Cash 100000
Dr Cash 4000
Cr Interest from Bonds 4000
Explanation:
Preparation of the journal entry to Complete the necessary December 31 entry to record
July, 1
Dr Potter's 8% Bonds 100000
Cr Cash 100000
(Being 8% Bonds purchased)
December, 31
Dr Cash 4000
Cr Interest from Bonds 4000
(100,000*8%*1/2)
(Being Interest received on 8% Bonds)
Answer:
Firms after tax of debt is 6.87%
Explanation:
Firm's after-tax cost of debt is calculated using the RATE function as follow:-
=RATE(nper,pmt,pv,fv)*(1-tax rate)
=(RATE(20*2,40,-894.87,1000)*2)*(1-25%)
=6.87%
Answer:
Purchases= 3,500lbs
Explanation:
Giving the following information:
Production= 4,000*1.5= 6,000 lbs
Beginning inventory= 5,000 lbs
Ending inventory= 2,500 lbs
<u>To calculate the direct materials purchase, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 6,000 + 2,500 - 5,000
Purchases= 3,500lbs
The legal issue Susan's father was advising her about is known as caveat emptor.
<h3>What is caveat emptor?</h3>
Caveat emptor is the principle which states that consumer alone is the one responsible for checking the quality and the suitability of goods before a purchase is made. Caveat emptor is a Latin phrase that means "let the buyer beware.
It was used to express the doctrine used by businesses during the 1900s that meant "what you see is what you get. Susan is being told by her father to be beware of the contract terms and the property she is going to buy, which is necessary to avoid complaint afterwards.
Therefore, the legal issue Susan's father was advising her about is known as caveat emptor.
Learn more about caveat emptor here: brainly.com/question/5004670
