Internal growth rate = Net income / Total Assets
Net income = $68,200
Total assets = $687,300
Internal growth rate
= $68,200 / $687,300
= 0.099228 x 100%
= 9.92 %
Fried Donuts has an internal growth rate of 9.92%.
Answer:
His payments are $64.63 every week.
Explanation:
P = Regular Payments = ?
PV = Loan Amount = $16,400
r = rate of interest = 10.99%
n = no of periods = 7 = 364
P = [r (PV)
] / [1 - (1 + r )^-n]
P = (10.99%/52)*16400 / 1 - [1 / (1 + 10.99%/52)^364)]
P = 34.66076923 / 1 - [1 / 2.156503587]
P = 34.66076923 / 0.53628642
P = 64.63107760588
P ≈ $64.63 weekly
Answer:
Option (C) is correct.
Explanation:
EBT means Earnings Before Tax, so you ignore the tax rate for this problem.
Then solve for the EBT figure.
EBT:
= Revenue - Operating costs - Depreciation - interest
= $18,500 - $8,250 - $1,750 - ($9,000 x 7%)
= $18,500 - $8,250 - $1,750 - $630
= $7,870
Therefore, $7,870 was the firm's earnings before taxes (EBT).
These are all the answers to the test
1. Debt Collection
2. A nominal ledger
3. Investment
4. A trial balance
5. All of the above
6. Income Statement
7. Cash flow Statement
8. Snapshot
9. To show managers and investors whether the company made or lost money during the period being reported.
Just took the Test and got a 100!
Answer:
Short term memory or working memory
Explanation:
Woekin memory or short term memory refers to a limited-capacity store that not only retains information over the short term (maintenance), but also permits the performance of mental operations with the contents of this store (manipulation)