Answer: 14.84%
Explanation:
To calculate the rate of return the investors received we will do a simple return formula to find out by how much, in terms of the Opening NAV, the fund has increased.
To find out how much the fund has increased by we can add up all the figures then deduct the opening balance.
= 39.71 + 0.64 + 1.13 - 36.12
= $5.36
$5.36 is the how much the fund has increased by.
Expressing it in percentage of the opening NAV per share we have,
= 5.36/36.12
= 0.14839424141
= 14.84%
14.84% is the rate of return that an investor received on the Yachtsman Fund in 2016.
1. Accounts receivable are found on the balance sheet.
2. Notes payable are found on the balance sheet.
3. Advertising expense is found on income statement
If demand also dropped.
If supply goes down and demand goes up, the price would rise.
If supply goes down and demand stays the same, the price would still rise.
Answer:
d) $228,000 outflow
Explanation:
Calculation for the amount that the salaries should be reflected in the analysis
Using this formula
Salaries=Salaries expense-(Salaries expense*Tax rate)
Let plug in the formula
Salaries=$380,000-($380,000*40%)
Salaries=$380,000-$152,000
Salaries=$228,000 Outflow
Therefore salaries should be reflected in the analysis by a: $228,000 outflow
Answer:
Technician and technologist are two different terms. However, these two terms are interrelated. ... A technician has a good knowledge of the general principles of the field he is in, whereas, a technologist is a person who is completely aware of various technologies. A technician works under a technologist.
