Answer:
14% and 22%
Explanation:
The formula to compute the return on investment is shown below:
Return on investment = Net income ÷ Investment
The preparation of the return on investment analysis is shown below:
Fast & Great Burgers
Return on investment analysis
Numerator ÷ Denominator = Return on investment
Location A $70,000 ÷ $500,000 = 14%
Location B $44,000 ÷ $200,000 = 22%
It should disclose all the terms and conditions, otherwise the purchase agreement wouldn't be binding.
Answer:
e. None of the above
Explanation:
Statement showing Computations
Paticulars Amount
Cost of building 3,000,000.00
Cost recovery deduction 3,000,000 *.00455
the cost recovery for 2017 is 13,650.00