Answer:
A
Explanation:
Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project
average rate of return = average net income / average cost of investment
average net income = (total net income - depreciation) / useful life
(8,500,000 - $4,250,000) / 20 = 212,500
Average cost of investment =( beginning book value of the investment - ending book value of the investment) / 2
($4,250,000 - 0) / 2 = 2,125,000
ARR = 212,500 / 2125,000 = 0.1 = 10%
Answer:
C. The team routinely takes a moment to discuss the plan and voice concerns before doing a procedure.
Explanation:
In this matter, the fact that would best support the clinic manager's belief that his clinical team works well together, would be the letter c, because an effective team work requires joint planning of the work team on the best practices of executing a procedure, therefore it is ideal that the team is integrated and able to express their opinions and discuss the most effective plan so that the work is carried out more effectively.
Answer: In the answer I was able to match each sentence to the particular word they describe:
a. A desire for pleasure is VOLUPTUOUSNESS.
b. To belief that something might be true even though it cannot be confirmed is to SURMISE.
c. An extremely large number is a MYRIAD.
d. To pay a cost or expense is to DEFRAY.
e. A barren, open country covered with small shrubs is a HEATH.
Explanation:
The adjusting entry to record the prepaid insurance expired is shown below:
Insurance expense A/c Dr XXXXX
To Prepaid Insurance XXXXX
(Being insurance expense is recorded)
Since the insurance is expired, we debited the insurance expense and credited the prepaid insurance account
Since this adjusting entry omits that results
a. The expense account is understated due to which the net income is overstated
b. And, the prepaid insurance account is a asset account that would be overstated. As a result, the stockholder equity is also overstated
