Answer:
36%
Explanation:
For the computation of the company's return on equity first we need to follow some steps which is shown below:-
Step 1
Earnings before tax = EBIT - Interest
= $452,000 - $152,000
= $300,000
Step 2
Earnings after interest and taxes = Earnings before tax - Tax
= $300,000 - ($300,000 × 40%)
= $300,000 - $120,000
= $180,000
Step 3
Asset turnover ratio = Total revenue ÷ Total assets
3.6 = $4,000,000 ÷ Total assets
Total assets = $1,111,111.11
Step 4
Equity ratio = 1 - Debt ratio
= 1 - 0.55
= 0.45
Step 5
Total Equity = Equity ratio × Total assets
= 0.45 × $1,111,111.11
= $500,000
and finally
Return on Equity = Net income ÷ Equity
= $180,000 ÷ $500,000
= 0.36
or
= 36%
Answer:
Debit Cash $1,261
Dr card discount expense $39,
Credit Sales Revenue for $1,300
Explanation:
Stelloh's Berry Farm Journal entries
Debit Cash $1,261
($1,3,00-$39)
Dr card discount expense $39,
(3%×$1,300)
Credit Sales Revenue for $1,300
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Answer:
From the given options, I strongly believe the answer to be A.
Explanation:
Lets break down the options more clearly now.
Option B can't be true. In fact, it is ridiculous! How can you practice etiquette by being stubborn?
Option C is, well, No! Making more money won't help you to succeed in practicing business etiquette. In fact there are a lot of individuals who has made a lot of money through unethical business practices!
Option D is irrelevant.
Option A however, is highly suitable. You be courteous, polite and Ethical. and also you are thoughtful, cautious and rational in your decision making. that is a proven formula to succeed in any business environment!
Sandra is involved in production.
Production can be described as the process of transforming or converting resources into goods and services.
In any organization, the depart that is in charge of production is the production or operation department.
Therefore, Sandra is involved in production.
The reason is that the transformation of resources into goods and services is her key job role at the company.
Learn more here: brainly.com/question/1462114.
