Answer:
The answer is
For 2018 - 1.5
For 2019 - 1.3
Explanation:
Asset turnover ratio=Net sales/average total assets
For 2018:
Sales - $480,000
Beginning asset - 360,000
Ending asset -360,000
Average total asset:
($280,000 + $360,000)/2
=$320,000
Therefore, asset turnover for 2018 is:
$480,000/$320,000
=1.5
For 2019:
Sales - $513,500
Beginning asset - $360,000
Ending asset - $430,000
Average total asset:
($360,000 + $430,000)/2
=$395,000
Therefore, asset turnover for 2019 is:
$513,500/$395,000
=1.3
Answer:
yield to maturity = 7.06%
Explanation:
yield to maturity (YTM) is calculated using the following formula:
YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]
- FV = $2,000
- PV = $1,902.14
- C = $2,000 x 6.48% x 1/2 = $64.80
- n = 12 x 2 = 24
YTM = {64.80 + [(2,000 - 1,902.14) / 24]} / [(2,000 + 1,902.14) / 2] = (64.80 + 4.0775) / 1,951.07 = 0.0353 or 3.53% semianually or 7.06% annually
Since the bond sells at a discount, its yield to maturity will be higher than the coupon rate.
There are different kinds of business. The business environmental force is technological.
<h3>What is business environment?</h3>
Business environment is known to be the overall totals of all the factors that is said to be external to a business firm and that often influence their activities.
It is said to ranges from factors and forces such as customers, competitors, suppliers, government, technological and others
Learn more about business environment from
brainly.com/question/17961245
Answer:
Harry and Hermione $30,000
Ron’s $19,300
Explanation:
Calculation to determine What tax bases will each of the three have in his or her stock of Bumblebore
Based on the information given we were told that both Harry and Hermione contributed cash of the amount of $30,000 to get things started which means that Harry and Hermione TAX BASES will be $30,000
Calculation for Ron’s Tax bases
Using this formula
Ron’s Tax bases=Basis of the property contributed-Mortgage
Let plug in the formula
Ron’s Tax bases=$60,000-$40,700
Ron’s Tax bases=$19,300
Therefore Harry and Hermione tax based will be $30,000 and Ron’s Tax bases will be $19,300
Answer:
agree with this
.................................
