Answer: 18.43%
Explanation:
Based on the information given, the cash flow on total assets ratio will be calculated as:
= (net cash flows from operations / average total asset) × 100
= ($341,000 / $1850000) × 100
= 18.43%
Therefore, the answer to the question is 18.43%
Answer:
a. Jake, Kim, or Lou.
Explanation:
A promissory note is a note that should be signed with written promise in terms of paying some specific amount to the note owner on a specifiic date or on demand.
Since in the question it is mentioned that Jake who is a maker and pay to Kim and then it would endorse to Lou
So here the Mona should collect the payment from the above three parties
hence, the correct option is A.
Answer:
Effect on income= $115,000 decrease
Explanation:
Giving the following information:
Fixed costs= $45,000
Number of units= 20,000
Unitary contribution margin= $8
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= decrease in fixed costs - decrease in contribution margin
Effect on income= 45,000 - 20,000*8
Effect on income= $115,000 decrease
Answer:
The annualized rate of return to the Swiss investor is -7.93%.
Explanation:
This is an instance of foreign currency bond.
Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs
Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs
Holding period is 6 months.
So, annualized rate of return is: (Maturity amount - Purchase price)/Purchase price x 12 / No of months
Annualized rate of return is: (13,240 - 13,786.4108)/13,786.4108 x 12/6 = -0.079268028.
Annualized rate of return is -7.93% approximately.
Answer:
General overhead= $3.81 per direct labor hour
Explanation:
Given the following information:
General Overhead $80,000 Number of direct labor hours
Number of direct labor hours 9,000 12,000= 21,000
<u>To calculate the activity rate, we need to use the following formula:</u>
Activity rate= estimated costs / total amount of allocation rate
General Overhead= 80,000 / 21,000
General overhead= $3.81 per direct labor hour