Answer:
See below
Explanation:
1. Margin
= Net operating income / Sales
= $4,700,000 / $17,300,000
= 0.2716 or 27.17%
2. Turnover
= Sales / Average operating assets
= $17,300,000 / $36,000,000
= 0.48
3. Return on investment
= Margin × Turnover
= 27.17% × 0.48
= 13%
.dotxis the the file extension that indicates a template inside microsoft.
Answer:
$940.86
Explanation:
Since we have been given a 1% monthly interest rate,
Therefore:
let N = 12 x 3 = 36 months.
PW(1%) = $31.25( P/A,1%,36)
= $31.25 (30.1075)
= $940.86
Answer:
122.4
Explanation:
The formula for calculating purchasing power parity is given below:
Exchange rate for the Purchasing power parity can be calculated using the below formula:
960/8=120¥ per $
ST = S0 ×
(1 + if/
1 + id)
ST = Estimated spot rate at end of period
S0 = Current spot rate
if = period inflation rate in foreign currency
id = period inflation rate in domestic currency
ST=120 x (1+4%/1+2%)
=120 x (1.04/1.02)
=120 x 1.02
=122.4 ¥ per dollar
Answer:
Petty Cash
Explanation:
The fundamental principle of accounting is credit the giver and debit the receiver. In this instance petty cash is giving out money to Office Supplies, Shipping, Postage and Delivery expense