Answer:
Assets must decrease by 223,750
Explanation:
the total assets turnover is calcualte as follows:

As the new CFO jsut want to reduce assets and not to put the effort to increase sales as it see it less likely It will reduce assets (lower the credit term, lower inventory stocks among other measurements)
our goal is a value of 2.4 with sales of 315,000

Assets = 131.250
currently the assets are 355,000
we need to redue it to 131,250 so we need a decrease in the order of:
355,000 - 131,250 = 223,750
Answer:
$2
Explanation:
According to the given situation, the computation of the value of a right is shown below:-
Value of a right = (Market value of right + Subscription right) ÷ Number of rights 1
= ($60 - $48) ÷ (5 + 1)
= $12 ÷ 6
= $2
Therefore for computing the value of a right we simply applied the above formula and the same is to be considered
Answer:
$45,297
Explanation:
Data provided as per the question
Installment = $9,000
Present value factor = 5.0330
The calculation of present value is shown below:-
Present value = Installment × Present value factor
= $9,000 × 5.0330
= $45,297
Therefore for computing the present value of the loan we simply multiply the installment with present value factor.
Answer:
Option $6,000
Explanation:
Data provided in the question:
Cost of the machine acquired = $30,000
Classified useful life = 5 years property
Now,
The MARCS rate for 5 years property, the depreciation rate is 20%
Therefore,
The depreciation for the year 2019 will be
= 20% of the Cost of the machine acquired
= 0.20 × $30,000
= $6,000
Hence,
Option $6,000