Answer:
Complete the problem. What are you trying to solve for?
Explanation:
Answer:
Option (A) is correct.
Explanation:
Given that,
2018:
Accounts receivable (net) = $20
Net sales = $115
Cost of goods sold = $60
Net income = $20
Inventory turnover = 5.22
Return on equity = Return on assets × Equity multiple
= 10.3% × 2.36
= 24.308% or 24.3%
Therefore, Dowling's return on equity for 2018 is 24.3%.
Answer:
Each payment is of $6595
Explanation:
Amount borrowed by company= $25000
No. of installments = 5
Interest rate = 10%
We are supposed to find how much are each of the payments
Formula : ![Amount =I (\frac{1-\frac{1}{(1+r)^n}}{r})](https://tex.z-dn.net/?f=Amount%20%3DI%20%28%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2Br%29%5En%7D%7D%7Br%7D%29)
I = installment
r = rate of interest
n = No. of installments
So, ![25000 =I (\frac{1-\frac{1}{(1+0.1)^5}}{0.1})\\\frac{25000}{(\frac{1-\frac{1}{(1+0.1)^5}}{0.1})}=I\\6594.93=I](https://tex.z-dn.net/?f=25000%20%3DI%20%28%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.1%29%5E5%7D%7D%7B0.1%7D%29%5C%5C%5Cfrac%7B25000%7D%7B%28%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.1%29%5E5%7D%7D%7B0.1%7D%29%7D%3DI%5C%5C6594.93%3DI)
So, Each payment is of $6595
Answer:
Option C.
Explanation:
In terms of making sales, Closing is a term that is used to refer to the moment when a customer decides to make the purchase.
There are numerous closing techniques, and the minor-point close is one of the techniques.
The minor-point close is the technique whereby the salesperson tries to intentionally gain the agreement of the customer or prospect on a minor point, and then uses it to assume that the sale is closed.
This technique is exemplified in the scenario presented above. Edward has concluded that Kristy wants to buy the black car, just because she has agreed that she liked it.
Answer:
1. 780,000 pints
2. $1
3. $780,000
Explanation:
1. The computation of the equivalent units of production is shown below:
= Units completed and transferred out + completed units in ending inventory × completion percentage
= 700,000 pints + 200,000 pints × 40%
= 780,000 pints
2. The computation of the unit cost for January month is shown below:
= (Beginning Work in process + Costs added during January) ÷ equivalent units
= ($156,000 + $624,000) ÷ (780,000 pints)
= $1
3. The computation of the assigned units is shown below:
= Units completed and transferred out × unit cost + completed units in ending inventory × completion percentage × unit cost
= 700,000 pints × $1 + 200,000 pints × 40% ×$1
= $780,000