Answer:
The correct answer is (c)
Explanation:
Information systems manager (IS Manager) represent data innovation in an association, regulating a group of IT experts. The job incorporates data frameworks arranging, establishment, and support, including equipment and programming overhauls. IS directors may concentrate on a particular issue, for example, arrange security or Internet administrations, or they may organise all innovation tasks
Answer:
the ending cash balance is $330,300
Explanation:
The computation of the ending cash balance is shown below:
Ending cash balance = Opening cash balance + Profit
= $270,000 + (9% × $670,000)
= $270,000 + $60,300
= $330,300
We simply added the opening cash balance and the profit so that the ending cash balance could come
Hence, the ending cash balance is $330,300
Answer:
13.2%
Explanation:
The formula to compute the average rate of return is shown below:
= Average net income ÷ average investment
where,
Average net income is
= $231,000 ÷ 5 years
= $46,200
And, the average investment would be
= (Initial investment + salvage value) ÷ 2
= ($700,000 + $0) ÷ 2
= $700,000 ÷ 2
= $350,000
Now put these values to the above formula
So, the rate would equal to
= $46,200 ÷ $350,000
= 13.2%
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.