Answer:
There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.
1
or
2
Substituting the values in equation 1 we get,


Substituting values in equation 2 we get,




Answer:
Has an opportunity cost
- Having a "lazy afternoon" VS Working an 8 hour shift VS
- Cooking dinner VS Eating out
- Reading you favorite book VS Catching up with an old friend
Explanation:
Opportunity costs refer to the extra costs or benefits lost associated with choosing one activity or investment over another alternative. In other words, every activity that you carry out includes the opportunity cost of not doing something else. No matter what we do, we could be doing something else.
Under the FLSA, information concerning employees’ wages must
be maintained by employer such as having to pay during the payroll period, the
proper total additions to or deductions from wages should be followed and the
amount and nature of the exempt pay should be followed correctly.
Solution :
We calculate the advances form the customer to be reported as the current liability as on Dec. 31, 2009 in the balance sheet as follows :
<u> Particulars </u> <u> Amount ($)</u>
Customer advances the balance Dec 31, 2008 110
Add : advances that is received with 2009 orders is 195
Less : advances applicable to the orders in 2009 -180
Less : advances from orders that are canceled in 2009 <u> -45 </u>
Advances from the customers liability Dec. 31, 2009 80
Therefore, the advance from the customer to be reported in the balance sheet as the current liability is $80.
Answer:
the price per unit is $1.20
Explanation:
The computation of the price per unit for Thailand Polishing is shown below:
= 2,400 ÷ 200 polished disks
= 12 bhat/unit
Given that
$1 = 10
So, 12 baht it is
= 1 ÷ 10 × 12 baht
= $1.2
Hence, the price per unit is $1.20
The same should be considered