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3 years ago

The financial ratio that measures the accounting profit per dollar of book equity is referred to as the:

Business

1 answer:

WINSTONCH [101]3 years ago

3 0

Answer:

Return on equity.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

The financial ratio that measures the accounting profit per dollar of book equity is referred to as the return on equity. It is calculated by dividing the net income with the shareholder's equity at a specific period of time

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Harlan Corporation deposits $225,000 every June 30th and December 31st in a savings account (beginning in the current year) for

Dmitry_Shevchenko [17]

Answer:

$1,419,327.22

Explanation:

The formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M × {[(1 + r)^n - 1] ÷ r} ................................. (1)

Where,

FV = Future value of the amount after 3 years = ?

M = Annuity payment = $225,000

r = Semi annual interest rate = 4% ÷ 2 = 2%, 0.02

n = number of periods the investment will be made = 3 × 2 = 6

Substituting the values into equation (1), we have:

FV = $225,000 × {[(1 + 0.02)^6 - 1] ÷ 0.02} = $1,419,327.22

Therefore, Harlan Corporation will have $1,419,327.22 at the end of three years.

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2 years ago

Omega Corp. has entered into a transaction with Lively Inc. Omega Corp will give its equipment to Lively Inc. in exchange for Li

Nadusha1986 [10]

Answer:

Explanation:

Equipment-from Lively $260,000

Accumulated Depreciation Dr.$80,000

Equipment-old Cr. $250,000

Cash Cr.$30,000

Gain on Exchange Cr.$60,000

Equipment-from Lively (212,000-35,000) Dr.$177,000

Accumulated Depreciation Dr.$80,000

Loss on exchange (balancing figure) Dr.$23,000

Equipment old Cr.$250,000

Cash Cr.$30,000

7 0

3 years ago

What is an example of cross-contamination

Cerrena [4.2K]

When you mix raw meat with cooked meat

3 0

3 years ago

If an applicant has extensive training, numerous scholastic accomplishments, a high level of community involvement, and no work

Gala2k [10]

A functional/hybrid resume would be more suitable for this situation.

Chronological order is normally most supportive when itemizing work understanding, so a potential boss can see where you worked and for to what extent, so it isn't as simple to apply chronological order to your group inclusion or broad preparing.

6 0

3 years ago

Assume that we are in the MM world. Health and Wealth Company is financed entirely by common stock that is priced to offer a 12

Levart [38]

Answer:

13%

Explanation:

the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]

the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%

Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.

7 0

2 years ago