Answer:
(i) 1.57
(ii) 12.40%
(iii) $76,898.60
Explanation:
Debt-equity ratio = debt/equity
Hence debt= 0.57 equity
= (0.57 × 620000)
= $353,400
Total assets = debt + equity
= (353400+620000)
= $973400
1. Equity multiplier = Total assets ÷ Equity
= $973,400 ÷ 620,000
= 1.57
3. ROA = net income ÷ Total assets
net income = ($973,400 × 0.079)
= $76,898.60
2. ROE = net income ÷ Total equity
= $76,898.60 ÷ 620,000
= 12.40%(Approx).
Answer:
$27,000
Explanation:
Taylor share $39,600
(2,200 * 18)
Add: Corner share Acquired $35,100
(1,300 * 27)
Add: incremental value $2,300
Less: Cash paid <u>$50,000</u>
Value of Taylor's Hardware <u>$27,000</u>
after the acquisition
EAR = (1 + periodic interest rate)^N - 1
<u>9.25 % Quarterly %</u>
EAR = 
= 0.09575 or 9.58%
<u>16.75 Monthly %
</u>
EAR = 
= 0.1809766 or 18.10%
<u>15.25 Daily %
</u>
EAR = 
= 0.1647053 or 16.47%
<u>11.25 Semiannually %</u>
EAR = 
= 0.115664 or 11.57%
Answer:
First in, first out (FIFO)
Explanation:
In FIFO, the assets produced or acquired first are sold, used or disposed of first and may be used by an individual or a corporation. So , since the newer costs are more relevant , the oldest cost won't affect the ending valuation.
Answer: true
Explanation:
From the question, we are informed that a key process topic that should be part of early discussions regarding ground rules is appropriate decision making and problem solving, ensuring that the project manager and core team understand who makes each type of decision and how those decisions are made.
This is true. It should be noted that for a project manager to achieve his or her goals, the person must be a problem solver and have what it entails to succeed.
