Answer:
The annualized return is 14.82%
Explanation:
The formula for annualized return is given as Annualized return = (1+ holding return)12/n - 1
Holding return is 8.4%
n is the holding period of 7 months
Annualized return =(1+0.084)^(12/7)-1
Annualized return =14.82%
It is wrong to simply calculate annualized return as 8,4%*12/7,which means one is taking the interest to annual interest by proportional method,as this gives 14.40%, in investment every basis point counts.
The difference between the two figures is 0.42% which could translate into millions depending on the amount invested as well as the duration of investment
Answer:
The answer is: Physical asset specificity
Explanation:
In a business to business relationship, physical asset specificity refers to an asset, or product or service designed to fit a particular or specialized customer's need.
In this case, True Tomato needs a very specific type of bottle that probably no other ketchup manufacturer may use or want to use. So their bottle supplier specifically manufactures the tomato shaped bottle to meet True Tomato's specific requirements.
Answer:
It should accepted.
Explanation:
![\left[\begin{array}{cccc}&Units&Cost&Total\\$Special Order&49&2,590&126,910\\$Variable Cost&49&1,440&-70,560\\$rejected local&&&0\\$additional cost&&&0\\$Net Income&&&56350\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26Units%26Cost%26Total%5C%5C%24Special%20Order%2649%262%2C590%26126%2C910%5C%5C%24Variable%20Cost%2649%261%2C440%26-70%2C560%5C%5C%24rejected%20local%26%26%260%5C%5C%24additional%20cost%26%26%260%5C%5C%24Net%20Income%26%26%2656350%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We will compare the Special order with the variable cost associate with their productions.
As the orders has a postive income after variables expenses it should be accepted as contributes with the payment of fixed cost and this sales wasn't planned when solvign for the cost. Not doing the sale will avoid the comapny the opportunity of a profitable business cappable of allocate more fixed cost.
Answer:
a. 14.1%
Explanation:
Year 2
Net Profit Margin = Earnings Before Tax / Sales × 100
= $ 67,250 / $478,500 × 100
= 14.05 or 14.1 %
Answer:
A)
1. Dr Cash 400
Cr Equipment 400
Dre Wages expense 400
Cr Cash 400
2. Dr Service revenue 550
Cr Cash 550
Dr Cash 5,500
Cr Service revenue 5,500
3. Dr Accounts payable 260
Cr Equipment 260
Dr Equipment 620
Cr Accounts payable 620
B)
1. Dr Wages expense 400
Cr Equipment 400
2. Dr Cash 4,950
Cr Service revenue 4,950
3. Dr Equipment 360
Cr Accounts payable 360
