Answer:
A) $102,000
Explanation:
The computation of the amount used today for preparing the operating budget is shown below:
= Contract value × forward rate
= $100,000 × $1.02
= $102,000
For computing this, we consider the forward rate and the same is multiplied with the contract value so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
The simple rate of return on the investment is closest to 7.41%.
Explanation:
This can be calculated as follows:
Equipment cost = $135,000
Annual profit = Annual sales revenue - Annual operating expenses - Annual depreciation on the equipment = $75,000 - $38,000 - $27,000 = $10,000
Therefore, we have:
Simple rate of return on the investment = Annual profit / Equipment cost = $10,000 / $135,000 = 0.0741, or 7.41%
Therefore, the simple rate of return on the investment is closest to 7.41%.
The term used from the income statement to calculate turnover is (b) Sales
<h3>How to determine the term?</h3>
The turnover of property plant & equipment and receivables is calculated using
Turnover = Sales ÷ Average Inventory
The dividend in the above equation is Sales
Hence, the term used from the income statement is (b) Sales
Read more about turnover at:
brainly.com/question/25623677
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Hi there
The answer is
an adjustment will probably be required as supplies are used.
Good luck!
Answer:
b.
Explanation:
Howard Earl Gardner is an American developmental psychologist born on July 11, 1943. According to my research on Gardner's studies , I can say that based on the information provided within the question he is most likely to be criticized for extending the definition of intelligence to an overly broad range of skills or talents. Since bodily-kinesthetics are normally known as talents or skills.
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