Answer:
Hey,
Thanks for your question but none of the links have been provided. Please provide the appropriate links
<u>Calculation of Return on Total Assets:</u>
Return on Total assets can be calculated using the following formula:
Return on Total Assets = Net Income / Total Assets
We can calculate Net income as follows:
Sales $2960
Less: Operating Costs $2675
Less: Interest charges $125
Income before tax = 160
Less: Tax (160*40%) = 64
Net Income = $96
Hence , Return on Total Assets = 96/2100 = 0.0457 =<u>4.57%</u>
Answer: The correct answer is "b) the lessor records a receivable for the present value of lease payments.".
Explanation: In an operating lease <u>the lessor records a receivable for the present value of lease payments.</u>
In this case, only the lessor must register its credit with the lessee because the operating leases are determined as financing outside the balance sheet, therefore a leased asset and associated liabilities of future rental payments should not be presented in the general balance of a company, with the objective of keeping the debt to capital ratio low.
It depends on if u have ur license taken away or not. u can just go to the dmt and they will tell u whats up
Answer:
spread positive word of mouth
Explanation:
Reginald knows his regular customers create repeat business and spread positive word of mouth. This means that the repeat customers leave happy and tell their friends about the great experience they had at Reginald's restaurant. This creates enthusiasm in the repeat customers' friends which in term causes them to go to Reginald's business and try the food. This creates more repeat customers and increased profitability for Reginald's business.