Answer:
The correct answer is letter "C": basic research.
Explanation:
Basic research is a preliminary study conducted to identify certain aspects of a given item or event. The study is more informative than conclusive and leads to secondary research to acquire more details over the item or event. The reasons for conducting basic research include testing the results of a primary study to find out its relevance or saving resources in large research that bring no added value.
Answer:
A. $302,000
Explanation:
The computation of the net income under accrual basis accounting is shown below:
= Billed in revenues on credit - incurred expenses
= $496,000 - $194,000
= $302,000
The prepaid expenses and the received amount would not be considered in the computation part. Hence, ignored it
Only revenues on credit and incurred expenses are considered in the computation part. No other item values would be taken.
Answer:
This question requires us to calculate net income and return on assets for the year.
Net income
As sales and profit margin on sales is given so net income can be calculated as follow.
Net income = sales * profit margin
Net income = 837,900 * 8% = $ 71,832
Return on investment
To calculate return on asset we first have to find total asset. Total assets can be calculated as follow.
Asset turnover ratio= Sales/ Asset
Asset = 837,900/1.9 = $ 441,000
Return on asset = 71,832/441,000 = 16.29%
answer:oa.
Explanation:
its just oa its the definition
Answer:
company can value of $190909.1
Explanation:
Given data:
current assets = $1,312,500
current liabilities = $525,000
initial inventory level is $380,000
current ratio = 2.2
current liabilities is calculated as 
plugging all value in above relation
current liabilities
current liabilities = $ 596590.90
and we know current liabilities is $525,000. Thus company can value of $190909.1
