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2 years ago

Puffy's Pastries generates five cents of net income for every $1 in equity. Thus, Puffy's has _______ of 5 percent.

Business

1 answer:

kap26 [50]2 years ago

5 0

Answer: return on equity

Explanation:

The return on equity is simply a measure of how profitable a business will be when it's being compared to its equity. Return on equity is the net income divided by the equity. It can also be gotten when liabilities is deducted from assets.

In the above analysis, return on equity equals 5% because 100 cents make 1 dollar. Therefore, 5/100 × 100 gives 5%.

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2 years ago

Anne LLC purchased computer equipment (five-year property) on August 29 for $30,000 and used the half-year convention to depreci

notsponge [240]

Answer:

$1,728

Explanation:

To reach maximum depreciation expense we simply first compute the depreciation which is shown below:-

Depreciation = Purchased computer × Depreciation Rate

= $30,000 × 11.52%

= $3,456

Refer to the MACRS Table 1

Maximum depreciation expense = Depreciation × Half year convention

= $3,456 × 50%

= $1,728

Here we considered half year convention of equipment.

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3 years ago