Answer:
11.11%, higher than industry's average
Explanation:
The cash return on assets (ROA) ratio is used to compare how the company performs with relation to its direct competitors in the same industry.
the formula to calculate ROA = cash flow from operations ÷ total average assets
ROA = $50,000 / [($400,000 + $500,000) / 2] = $50,000 / $450,000 = 11.11%
Since Tech Track's ROA is 11.11%, it is higher than the industry's average, so that mean that it manages its cash flows more efficiently than their average competitors.
$633.40 his deductions total up to $166.60 so subtract that from his gross amount
The two different ways in which we usually express information about the demand for a good service or resource are the demand schedule is equal to the demand curve.
Explanation:
Demand refers to a consumer's appetite and willingness to buy products and services and to pay the price for a particular good or service. Keeping all the other variables steady will decrease the amount required by increasing the price of a good or service and vice versa.
Usage means the potential of consumers to buy goods and services at certain prices.
It can be either market demand for a particular commodity or aggregate demand for all products in such an economy.
Demand decides, in conjunction with supply, the actual cost and the quantity of goods which increase in value on the market.
Answer: <u><em>This change will henceforth alter the audit trail.</em></u>
Here the change is described by Matthews Corporation as they switch from clock cards to magnetic cards. Therefore, now everything is being recorded and thereby automatically updates all payroll.
<em>Therefore, the correct option in this case</em><em><u> (b): without paper clock cards, part of the audit trail is altered</u></em>
Answer:
The answer is $50million
Explanation:
In Accounting goodwill is calculated by subtracting net asset of the acquired business from the purchase price.
Firm A is the acquiring firm and firm Z is the acquired firm.
Net Asset of firm Z(the acquired firm) is Total assets minus total liabilities. So we have:
$150million - $30,000
=$120milion
And goodwill is purchase price minus Net asset of the acquired firm(firm Z)
Goodwill= $170million-$120millon
Goodwill = $50million