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Neporo4naja [7]
2 years ago
6

The atmospheric pressure at a place is 650 mm of Hg. Convert this pressure

Business
1 answer:
EleoNora [17]2 years ago
4 0

Ans Solution

Explanation:

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Warner Corp. sells goods on account for $10,000 on April 2. On April 20, the customer returns $3,000 of the merchandise. The cus
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Explanation:

The journal entry are as follows

On April 20

Sales returns A/c Dr $3,000

       To Account receivable A/c $3,000

(Being the sales returned of goods is recorded)

While recording this given transaction, we debited the sales return account and credited the account receivable account so that the proper posting could be done

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2 years ago
Which factors influence changes in consumer demand?
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Tomatoes are an input in the production of ketchup, and ketchup and mustard are substitutes. an increase in the price of tomatoe
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3 years ago
Which statement is true?. . A. The value of money that you save increases over time.. B. The value of money remains constant ove
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Read 2 more answers
You are considering a stock investment in one of two firms (NoEquity, Inc., and NoDebt, Inc.), both of which operate in the same
Nonamiya [84]

Answer:

A. NoEquity $18.27million

NoDebt $22.75million

B. NoEquity 28.11%

NoDebt 35%

Explanation:

A. Calculation to determine the net income

NoEquity Inc., NoDebt Inc.,

Operating income $32.5 million $32.5 million

Less: Interest $6.4 million $0

($64m × 0.1)

Taxable income $ 26.10million $32.5 million

Less: Taxes (30%) ($7.83million) ($9.75million)

NET INCOME $18.27million $22.75million

Therefore The Net income for the two firms are :

NoEquity $18.27million

NoDebt $22.75million

B. Calculation to determine the Return on assets

NoEquity

Return on assets =$18.27million/$65 million

Return on assets =0.2811*100

Return on assets =28.11%

NoDebt

Return on assets = $22.75million/$65 million

Return on assets =0.35*100

Return on assets =35%

Therefore The return on assets for the two firm are:

NoEquity 28.11%

NoDebt 35%

3 0
2 years ago
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