Answer:
Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.
Explanation:
Answer: Arranging them in an orderly manner, easy to understand by the audience and when presented
Explanation:
When arranging your slide for presentation, it's necessary that they are arranged in a logical manner, one of the things to have in mind is your objectives, when this is understood, you begin the arrangement of your presentation with your with table of contents, introduction, abstract, would be followed by the chapters, your conclusion and references, all tailored in an orderly manner driving your point home to your audience.
Answer:
Part a = 2.22 %
Part b = 25.36%
Part c = 23.67%
Explanation:
The Du Pont method is that method which defines the return on equity into three parts that includes gross profit margin, asset turnover, and financial leverage.
The profit margin and asset turnover show the relation with sales revenue whereas the financial leverage show a ratio of debt and shareholder equity.
a. Asset turnover : In duo Pont method,the asset turnover formula :
= Return on Assets ÷ Profit margin
= 17.75% ÷ 8%
= 2.22 %
b. The Return on equity is equal to
= Return on assets ÷ (1 - debt to total assets ratio)
= 17.75% ÷ (1-0.30)
= 25.36%
c. Applying same formula which is used in part b
Return on equity = Return on assets ÷ (1 - debt to total assets ratio)
= 17.75% ÷ (1 - 0.25)
= 17.75% ÷ 0.75
= 23.67%
Hence, Part a = 2.22 %
Part b = 25.36%
Part c = 23.67%
Answer:
Question 1
B. $41,910
Question 2
C. Debit to interest receivable for $90
Explanation:
Question 1
Calculation for the adjusted cash balance
Using this formula
Adjusted cash balance = Cash balance per books +Deposits in transit - Outstanding checks
Let plug in the formula
Adjusted cash balance= $43,860+$16,800-$18,750
Adjusted cash balance= $41,910
Therefore Adjusted cash balance is $41,910
Question 2
Based on the information given The Appropriate journal entry to record accrued interest at the end of its fiscal year on December 31, 2019 will include a:
Debit to interest receivable for $90 which is calculated as:
Interest receivable=[(6%*$18,000*90days/360)/3]
Interest receivable=$270/3
Interest receivable=$90
