Answer: 39.29%
Explanation:
For us to calculate the percentage change, we have to deduct the trading for VEF in January from the trading for VEF in February and then divide by VEF trading in January. This will be:
= (1950 - 1400)/1950
= 550/1400
= 0.3929
= 39.29%
The percentage change in January is 39.29%.
Answer:
Book value= $51,875
Explanation:
Giving the following information:
Purchase price= $80,000
Salvage value= $5,000
Useful life= 8 years
<u>First, we need to calculate the annual depreciation under the straight-line method:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (80,000 - 5,000) / 8
Annual depreciation= $9,375
<u>Now, we can determine the book value at the end of 2019:</u>
Book value= purchase price - accumulated depreciation
Book value= 80,000 - (9,375*3)
Book value= $51,875
The repeating economic changes that happen in a society over time are known as business cycles.
Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.
The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.
Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.
Expansions and contractions, commonly known as recessions, are the two contrasting phases of the business cycle.
To learn more about business cycle link is here
brainly.com/question/4511868
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Answer:
either this is a stupid question or this isnt asked right hahaha, based on the basic info here, 51??
Explanation:
Answer:
times interest earned= 9.49
Explanation:
Giving the following information:
Ron Landscaping's income statement reports net income of $75,200, which includes deductions for interest expense of $13,200 and income taxes of $36,900.
First, we need to calculate the income before taxes and interest expense:
EBIT= 75,200 + 13,200 + 36,900= $125,300
Now, to calculate the times interest earned we need to use the following formula:
times interest earned= EBIT/ interest expense= 125,300/13,200= 9.49