Answer: 16.5%
Explanation:
Following the information given in the question, the simple rate of return on the proposed investment will be calculated thus:
= Annual cash flow / Initial investment
= $54,450 / $330,000
= 0.165
= 16.5%
Therefore, the simple rate of return on the proposed investment is 16.5%.
A job choice would be the most likely answer
Answer:
Debit Credit
Treasury Stock 69,000
Cash 69,000
Explanation:
In this transaction the corporation is paying cash to buy common stock so the amount paid for the stock will be credited as cash. So we will credit cash by 69,000 as that is the amount paid by the corporation to buy the stock. Secondly whenever a company buy's it's own stock the amount is debited as treasury stock so we will debit treasury stock by 69,000.
Answer:
Option A
Sleek Feet’s use is likely to impair the distinctiveness of Thor’s mark or harm its reputation
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers unethically. I think that a profit motive business is a good thing.