Answer:
$21,000
Explanation:
Let the amount invested in Fund B be T
Given that amount she invested in Fund A was $6000 less than the amount she invested in Fund B, Amount invested in Fund A
= $(T - 6000)
If Fund A returned a 3% profit and Fund B returned a 8% profit and the total profit from the two funds together was $2130, then
3% × (T - 6000) + 8% × T = 2130
(3T - 18000)/100 + 8T/100 = 2130
11T - 18000 =213000
11T = 213000 + 18000
11T = 231000
T = 231000/11
T = $21,000
Cash Coverage ratio indicates if a firm has enough cash to pay of its interest expenses. The ideal ratio to be maintained by a firm is 1:1. This can be given by the following formula:
Cash Coverage Ratio=
Cash Coverage Ratio=
Cash Coverage Ratio=28.38
Assumption: Cost includes Depreciation, thus depreciation is added back, To find Cash Profits before Interest and Taxes.
Answer:
No, It will not be same for Used vehicles.
Auto market is cyclical in nature, that reflects that it acts according to change in market. When there is economic expansion, the market grows as people have high tendency to spend, and during recession people do not have high tendency to spend, therefore, during recession people pay for repairs or even if it is not possible to repair vehicles, they tend to buy a used vehicle.
Because used vehicle will cost less as compare to a new vehicle.
Therefore, generally it will have complete opposite relation with market scenarios.
Answer:
a. $11,500
Explanation:
Since the total liabilities and owners equity is $44,750 instead of $11,750
And, we know that
Total assets = Total liabilities + owners equity
So, Total assets = $44,750
Now the equipment is
= Total assets - total current assets - land + accumulated depreciation of an equipment
= $44,750 - $19,800 - $15,000 + $1,550
= $11,500
Answer:
Explanation:
She's right, but you have a nice thought. It is always a good idea to try to give credit where credit is due.
Public Domain refers to written material that no one has a lien on. No one owns the copywrite. No one holds any claim on the material at all. So there is no need to try and get permission because no one is listed to get the permission from.
If you have a cell phone that does just about everything but make coffee in the morning, you can download an app called free books. Some are very good. They are all in public domain.