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3 years ago

The remaining amount after deductions in salary.

Business

2 answers:

Vlada [557]3 years ago

8 0

Converting Terminology via computers is: A. Cryptography

Slav-nsk [51]3 years ago

6 0

The remaining amount after deductions in salary. A. Gross
B. Net
C. Fiscal
D. Tariff

The Answer is B.Net

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The accounting department of your company has just delivered a draft of the current year's financial statements to you. The summ

marishachu [46]

Answer and Explanation:

The computation is shown below:-

Incorrect

ROA = Net Income ÷ Average assets

= $101,900 ÷ (($550,000 + $573,000) ÷ 2)

= $101,900 ÷ $561,500

= 0.18

ROE = Net Income ÷ Average equity

= $101,900 ÷ (($340,000 + 356,000) ÷ 2)

= $101,900 ÷ $348,000

= 0.29

Debt Ratio = Total debt ÷ Average Assets

= $217,000 ÷ (($550,000 + $573,000) ÷ 2)

= $217,000 ÷ $561,500

= 0.39

EPS = Net Income ÷ Number of Common Shares

= $101,900 ÷ 22,000

= $4.63

Correct

ROA = Net Income ÷ Average assets

= ($101,900 - $8,500) ÷ (($550,000 + $573,000 - $8,500) ÷ 2)

= $93,400 ÷ $557,250

= 0.17

ROE = Net Income ÷ Average equity

= ($101,900 - $8,500) ÷ (($340,000 + 356,000 - $8,500) ÷ 2)

= $93,400 ÷ $343,750

= 0.27

Debt Ratio = Total debt ÷ Average Assets

= $217,000 ÷ (($550,000 + $573,000 - $8,500) ÷ 2)

= $217,000 ÷ $276,500

= 0.78

EPS = Net Income ÷ Number of Common Shares

= ($101,900 - $8,500) ÷ 22,000

= $4.25

5 0

3 years ago

Under HIPAA, "retrospective research" (a.k.a., data mining) on collections of PHI generally … A) Is covered by Common Rule/FDA r

Amiraneli [1.4K]

Answer:

C. Is research, and so requires either an authorization or meeting one of the criteria for a waiver of authorization

3 0

3 years ago

Read 2 more answers

Coy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares

Ivan

Answer: $240,000

Explanation:

400,000÷20,000 = $20 per share (repurchase price)

160,000 ÷ 10,000 = $16 per share (sales price)

$400,000 - $160,000 = $240,000

The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.

6 0

4 years ago

Assume the United States and European governments adopt a system of flexible exchange rates. If currency traders think the Europ

frutty [35]

Answer:

Euro would depreciate in value against the U.S. Dollar.

Explanation:

It can be said that if the European economy experiences a recession but not the U.S. then the most likely scenario would be that the Euro would depreciate in value against the U.S. Dollar. This means that the price of the Euro would decrease and a U.S. Dollar will be able to be exchanged for a greater quantity of European Euros.

3 0

3 years ago

A company's January 1, 2019 balance sheet reported total assets of $153,000 and total liabilities of $61,500. During January 201

SashulF [63]

Answer:

d. Assets, Liabilities, Stockholders's Equity [$157,700, $66,200, $91,500]

Explanation:

Accounting equation

Assets = Liabilities + Equity

Beginning Balance $153,000 $61,500 $91,500

1. -$11,500 -$11,500

2. $10,500

-$10,500

3. -$5,300 -$5,300

4. $26,800 $21,500

-$5,300

Total $157,700 $66,200 $91,500

6 0

3 years ago