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3 years ago

Write a memorandum to your assigned partner about ordering supplies for an event at school.

Business

1 answer:

Licemer1 [7]3 years ago

5 0

Answer:

A memorandum is a form of communication within a company.

Explanation:

When a company has a large staff working on it, it is very common to use a memorandum or memo.

It is a quick and easy way to remind someone of a task they have to do.

The structure of the memorandum should be as follows:

Memorandum:

To: Sara, Organization Department.

From: Marcus, Organization Department.

Date: 05/04/2020

Re: Supplies for the Football Tournament.

_________________________________________________

Sara, please don't forget to order the balls and shirts missing for the football tournament.

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Duffert Industries has total assets of $940,000 and total current liabilities (consisting only of accounts payable and accruals)

Studentka2010 [4]

Answer:

ROE = 13.04%

ROIC = 7.83%

Explanation:

Data provided in the question:

Total assets = $940,000

Total current liabilities = $130,000

Interest rate on its debt = 8%

Tax rate = 40%

The firm's basic earning power ratio = 14%

Debt-to capital rate = 40% = 0.40

Now,

Basis earning power = EBIT ÷ Total Assets

EBIT = Basis earning power × Total assets

= 14% × $940,000

= $131,600

Total Assets = Total Debt + Total Equity + Total Current Liabilities

$940,000 = Total Debt + Total equity + $130,000

Debt + Equity = $940,000 - $130,000

= $810,000

Debt to capital ratio = Debt ÷ [ Debt + Equity ]

0.40 = Debt ÷ $810,000

Total Debt = $324,000

Thus,

Debt + Equity = $810,000

$324,000 + Equity = $810,000

Equity = $810,000 - $324,000

= $486,000

Interest = 8% of Debt

= 0.08 × $324,000

= $25,920

Taxes = 40% of [ EBIT - Interest ]

= 0.40 × ($131,600 - $25,920 )

= $42,272

Therefore,

ROE = [ EBIT - interest - Taxes ] ÷ Equity

= [$131,600 - $25,920 - $42,272 ] ÷ $486,000

= 0.1304

= 13.04%

ROIC = [ EBIT - interest - Taxes ] ÷ Total capital

= [$131,600 - $25,920 - $42,272 ] ÷ [Debt + Equity]

= [$131,600 - $25,920 - $42,272 ] ÷ $810,000

= 0.0783 = 7.83%

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3 years ago

Business incubators are a time honored tradition and have been around since the early 1700s. True or false?

Shkiper50 [21]

<span>Business incubators are a time honored tradition and have been around since the early 1700s.
</span>
Ans: its true

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3 years ago

Categories of manufacturing costs include ______. Multiple select question. direct labor manufacturing overhead direct materials

Luda [366]

Firms do create goods. Categories of manufacturing costs include direct labor, direct materials and manufacturing overhead.

<h3>What are manufacturing costs?</h3>

Manufacturing costs is grouped into materials, labor, and overhead. They are kinds of direct costs.

Manufacturing cost is known to be the amount of costs of all resources taken into the process of creating a product. The manufacturing cost is grouped into three categories called: direct materials cost, direct labor cost and manufacturing overhead.

Learn more about manufacturing costs from

brainly.com/question/13767214

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2 years ago

What did martin luther king jr do as a call for action in birmingham in 1963

jekas [21]

He wrote a letter describing all the violence African Americans faced.

3 0

3 years ago

Read 2 more answers

7. Farmer sells flour to a baker for RM2. The baker uses the flour to make bread, which is sold for RM3. What is the total contr

erica [24]

Answer: RM3

Explanation:

Gross domestic product has to do with the monetary value of the goods that are produced in a particular economy. In this case, the total contribution will be RM3 since it's the final amount that the bread is sold.

It should be noted that RM2 in this case is the intermediate good and should therefore bit be included so that there won't be an overstatement of the GDP and to prevent double counting.

8 0

3 years ago