Answer:
It is 6.58%
Explanation:
Debt-Equity Ratio = Debt/Equity
0.68= Debt/358,200
Debt = 0.68 x 358,200
Debt = $243,576
Total Asset Turnover = Revenue/ Total Asset
Total Assets = Debt + Equity = $243,576+ $358,200=$601,776
1.2= Revenue/601,776
Revenue= 1.2 x 601,776
=$722,131.20
Profit Margin = Net income/ Revenue x 100%
= $47,500/$722,131.20 x100%
= 6.58%
Answer:
Aids to trade includes Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents
Explanation:
Trade promotion organizations in a country and Global organizations for international trade. These important auxiliaries ensure a smooth flow of goods from producers to the consumers.
Answer:
60.60%
Explanation:
The computation of the percentage of your salary would go to pay for the first year of your child's college education is given below:
The salary after 10 years would be
= 80000 × 1.03^10
= 107513.31.
Now Similarly, the college fees after 10 years would be
= 40000 × 1.05^10
= 65155.78.
So, the percentage would be
= 65155.78 ÷ 107513.31
= 60.60%
Answer:
because they are in high demand because so many other people want them
Answer:
The statement is true
Explanation:
Short term cash budget focuses on short duration mostly within one to three months while long term cash budget focuses on cash inflow and outflow for a longer duration which is one year.
Short term cash budget ensures liquidity of an organization whether it has funds to meet immediate requirements so it basically helps in controlling cash inflows and outflows.
Long term cash budget helps in decision making and planning future investments as it is reviewed periodically.