Answer:
cash flow on total assets ratio = 4.8 %
so correct option is a) 4.8%
Explanation:
given data
net cash flows = $120,000
total cash flows = $500,000
average total assets = $2,500,000
to find out
cash flow on total assets ratio
solution
we get here cash flow on total assets ratio that is equal to
cash flow on total assets ratio = Operating cash flow ÷ Average total assets ..................1
put here value we get
cash flow on total assets ratio = 
cash flow on total assets ratio = 4.8 %
so correct option is a) 4.8%
Hargrave professional group performs legal services on account. The effect of this transaction on the balance sheet equation for Hargrave is Increase in assets.
<h3>What is Asset?</h3>
An asset is considered a resource of the business which has an economic value in the future of the business and helps business activities to take place smoothly.
Hargrave professional group performs legal services on account which reflects the Buying and sales of goods and services on credit. So this refers to the incoming cash in the business which indicates the effect of this transaction on the balance sheet equation for Hargrave is an Increase in assets.
Learn more about Asset, here:
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Answer:
Consumer Price Index for Urban Wage Earners and Clerical Workers
1. You will get $16,875.
Explanation:
a) Data:
Last year's Medicare allowance = $15,000
CPI last year = 144
CPI this year = 162
Calculation:
This year's Medicare allowance = $16,875 ($15,000/144 x 162)
Another way of working out this year's allowance for my grandmother is to calculate the percentage increase. This amounts to an increase of 12.5% (162 - 144)/144
This shows that the CPI increased by 12.5% and the Medicare allowance will also increase by 12.5%
Thus, the Medicare allowance for this year will be $16,875 ($15,000 x 1.125)
Answer:
Human capital resource, Financial capital
Explanation:
Answer:
$7,400
Explanation:
Given the above information, the total factory overhead cost would be computed as;
Total factory overhead costs = Indirect materials + Indirect labor + Maintenance of factory equipment
= $1,200 + $4,200 + $2,000
= $7,400
Hence, the total factory overhead costs is $7,400
