Answer:
The answer is 18%
Explanation:
Return on investment is defines as the revenue or profit that is earned by a business as a result of certain amount invested in a business or activity.
It is calculated by dividing profit realised by the amount invested.
The magazine subscription costs $45 a year, so for 3 years a subscriber pays 45*3= $135
However the amount he actually paid is $115 for the 3 years.
Gain in this transaction= 135- 115= $20
Return on investment= gain/amount invested
Return on investment= 20/115
Return on investment= 0.17391
Return on investment= 17.391%
This is closes to 18%
Answer:
a. $20,000
b. $180,000
Explanation:
Par value per preferred share = $8
Dividend rate = 5%
Dividend per preferred share = $8 * 5% = $0.40
Number of preferred shares = 50,000
a. Total dividend amount distributed to the preferred shareholders this year = 50,000 shares * $0.40 = $20,000
b. The total dividend amount distributed to the common shareholders this year = $200,000 - $20,000 = $180,000
Answer:
Revised balance = $8000
Explanation:
Milo Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150 comma 000, and management estimates 4% will be uncollectible.
Milo Company's balance of Allowance for Uncollectible Accounts after adjustments, was $ 5 comma 000.
The following year, Milo Company wrote off $ 3 comma 000 of old receivables as uncollectible.
The Allowance account balance now will be:
Amount of Uncollectible Accounts for the year = 4% x $150,000 = $6000
Previous balance is $5,000 less amount written off $3000 = $2000
Revised balance = $6,000 + $2000 which is $8000
Answer:
The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...
Answer:
what is the question it is not any questions