Answer:
Total asset turnover = 1.375
Explanation:
In this question we use the DuPont analysis which is presented below:
Return On Assets = Net Profit Margin × Total asset turnover
0.11 = 0.08 × total assets turnover
So, the total assets turnover would be
= 0.11 ÷ 0.08
= 1.375
Simply we find out the asset turnover by applying the return on assets formula that is displayed above
The present value of the tuition payments if the interest rate is 5% per year will be $130,000.
<h3>What is Present value?</h3>
Present value is used to arrive a sum that need to be invested to reach a particular future value.
Since the inflation rate is equal to discount rate, then, the P.V. will equal to the sum of the Tuition fee for 13 years.
Present value = Tuition fee * Number of years
Present value = $10,000 * 13 years
Present value = $130,000
In conclusion, the present value of the tuition payments if the interest rate is 5% per year will be $130,000.
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Answer:
Answer is Credit $30,539
Explanation:
So as of June 11, the account balance of Burling Mills is $14,289 and it is withholding tax payable account. Now on 25 June, the account is credited with $16,250. The total balance in the account is $30,539. No tax will be deducted on this amount because it is federal withholding tax payable account. So the right option is D) Credited $30,539
Answer:
Release clause
Explanation:
A release clause is a word used to describe a stipulation in a mortgage deal. After a proportionate amount of the mortgages has been repaid, the release clause provides for the release of some or all of portion of an estate from a purchaser's claim.
<span>A lot of these can be solved using principles of economics and common sense
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A writer should avoid plagiarism because she may be sued for fraud.</span>
