Answer:
Return on Investment = 17%
Explanation:
Return on Investment = Net income from investment / Investment opportunity * 100
Where Net income from investment = (Sales * Contribution margin ratio) - Fixed expenses
Net income = ($1,530,000 * 30%) - $306,000
Net income = $459,000 - $306,000
Net income = $153,000
Return on Investment = $153,000 / $900,000 * 100
Return on Investment = 17%
Answer:
Explanation:
Before trade price is 1.75 and quantity is 125 million tons
After free trade, world price becomes domestic price so it is $1 per ton
At this price quantity supplied is 50 million tons and quantity demanded is 200 million tons
Amount of imported coal is the difference between QD and QS which is 200 - 50 = 150 million tons
Till 50 million tons, domestic supppliers supply. From 50 to 100 million tons, the foreign producers supply and after 100 million tons, domestic supply shifts so the new domestic price after quota is 1.50 per ton
At this price total supply is 150 million tons and total demand is also 150 tons. Domestic supply is 100 million tons and domestic demand is 150 million tons
New amount of imports are 50 million restricted by quota
Revenue to government is quota rents and it is (1.50 - 1.00)*50 million = 25 million. Revenue to producers is 0.5*(1.50 - 0.50)*100 million = $50 million
Given:
Total population = 200 million
Labor force = 100 million
Employed workers = 92 million
To be considered unemployed, the person should be
(a) over 16 years of age,
(b) not working,
(c) was available for work within 4 weeks,
(d) made an effort to find work within 4 weeks.
Unemployed = 200 - 100 - 92 = 8 million
By definition,
Unemployment rate = Unemployed / (Employed + Unemployed)
= 8/(100 + 8)
= 0.074
= 7.4%
Answer: 7.4%
Answer:
correct option is B. $4,000
Explanation:
given data
Net credit sales = $100,000
management estimates = 4%
solution
we know here Net credit sales is = 100000
so bad debts expenses will be
debts expenses = 100000 × 4%
debts expenses = $4000
so amount of expense to report on the income statement will be $4000
and after adjustments = will be $4000 + $3000 = $7,000
so correct option is B. $4,000
Answer:
net cash flow from creditors of $1.42 million
Explanation:
The movement in the long term debt account between 2008 and 2009 is as a result of the interest owed on the debt and the cash payment for the period.
Let the cash outflow to the creditor be H
$2.25 million + 0.33 million - H = $4 million
H = $2.25 million + 0.33 million - $4 million
H = ($1.42 million)
This means that the firm had a net cash flow from creditors of $1.42 million in 2019.