Return of Asset is the Net Profit over the total investment multiplied by 100. It is the ratio of a profit or loss made in a fiscal year. It refers to the proceeds obtained from the sale of investment. Rushing return of assets using the stated formula is only 8.33% .
Answer:
The correct answer is a) Physical space for the gallery.
Explanation:
<u>Variable costs</u> fluctuate according on the production of goods of a company, while <u>fixed costs</u> stay the same regardless of the production output. Reviewing all the options:
- Wages paid to three part-time employees <u>vary</u> depending on the amount of hours they work.
- Accountant's fees for preparing tax returns <u>vary</u> depending on the time spent preparing the records.
- The costs of purchasing art work to sell in the gallery <u>vary</u> depending on the amount of art purchased and its value.
That leaves us with option A. The physical space for the gallery. Buildings and rent are known to be a Fixed cost for companies because they stay the same regardless of the production output.
Answer:
The international monetary fund.
Explanation:
The international monetary fund is made up of 189 countries around the world that foster global monetary cooperation, promote high employment, secure financial stability, facilities international trade, and reduce poverty. It periodically depends on the World Bank for funding.
Countries that are having problems with balance of payment can borrow money from IMF pool of resources.
In this scenario country B is unable to pay for goods bought from country A till it makes export. There is a problem of balance of trade. The IMF can help country B make the payment by borrowing it funds.
Answer:
A normal good is a good whose demand increases when income increases
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Inferior goods are goods whose demand falls when income rises and increases when income falls.
For example, if when your income was $100,000 per annum, you had one car but when it increased to $500,000, you bought two more cars. Car is a normal good
Answer: Net cash used/ spent was $193,000
Explanation:
Cash from Financing activities involves cash transactions in relation to Equity (including dividends paid) and long term debt as these are the chief providers of cash to finance the business.
Cash from financing activities is:
= Issuance of common stock - Dividend - Settlement of Note payable - Treasury stock purchase
= 73,000 - 18,000 - 130,000 - 118,000
= -$193,000
