Perhaps, life expectancy... That may be your answer.
The return on equity of Oscar's dog house is 18.6% (=12.5%*1.49) based on the information shown on the question above. This problem can be solved using the DuPont identity which stated as Return on Equity = profit margin * asset turnover * equity multiplier and in this problem, we do not have the asset turnover ratio. We can make a simple alteration to the formula because of Return on asset = profit margin * asset turnover. Therefore, we will find a new formula which stated as RoE = (Return on asset*equity multiplier).
Answer:
A. Accounts Receivable—Are Corporation 1,075
Cost of Goods Sold 800
Sales 1,075
Finished Goods Inventory 800
Explanation:
The account represent the right to claim the billed ammount to Are Corporation. It is an asset, which increase from debit
COGS are 800 those are expenses, it decrease the owner equity, it goes into debit.
The sales are revenue, this increase the owner equity, it goes into credit.
The inventory decrease, those goods were used and no longer in the company, the accounting must write them off
Nations which uses the binary gender system requires a
person or an individual to identify only either as a “male or female”.
This type of social system usually forms the basis
for how one is educated, what jobs one can do (or are expected to do), how one
is expected to behave, what one is expected to wear, and etc.