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3 years ago

11

Assume the average annual CPI values for 2017 and 2018 were 207.3 and 215.3, respectively. What was the percent increase in the

CPI between these two years

1 answer:

Vesna [10]3 years ago

5 0

Answer:

quizlet answers

Explanation:

here

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Excerpts from Dowling Company's December 31, 2018 and 2017, financial statements and key ratios are presented below (all numbers

Rus_ich [418]

Answer:

Option (A) is correct.

Explanation:

Given that,

2018:

Accounts receivable (net) = $20

Net sales = $115

Cost of goods sold = $60

Net income = $20

Inventory turnover = 5.22

Return on equity = Return on assets × Equity multiple

= 10.3% × 2.36

= 24.308% or 24.3%

Therefore, Dowling's return on equity for 2018 is 24.3%.

5 0

3 years ago

How does the payment of rent for equipment affect the accounting equation? assets increase; assets decrease assets decrease; sto

djverab [1.8K]

The answer to this question is <span>assets decrease; stockholders' equity decreases

The journal for this transaction would be

Debit: Rent expense xxxxx
Credit: Cash xxxx

Since cash is considered an asset, it will decrease asset if it placed on credit.
Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit </span>

6 0

3 years ago

Read 2 more answers

g Jordan Enterprises plans to issue $120,000,000 of 20-year semi-annual bonds in September to help finance a new factory. It is

Elanso [62]

Answer:

(a) $900,000 semi annually

(b) $706,200

Explanation:

a).Total Period to issue 20 year semi-annual bonds=20×2=40

The Cost Of Debt to Company is Increase by = Value Of Bonds × Interest Rate × Semi Annual Year

= $120,000,000 × 1.5% × 1/2

= $900,000 semi annually

b). Consider face value of treasury bond is = $100

Future contract that are currently trading at 129.2, its means yield to maturity is less than coupon rate, according to this we can say that Required rate of return is less than coupon rate.

According to this if interest rate increase by 1.5%, bond price will be increase by 1.5%

Bond Traded at = $129.2 × 1.5% + $129.2

= 1.938 + 129.2

= $131.138

Jordon Earn From Future = Future Contract × (Bond Traded - Currently Trading)

= $100,000 × ( $131.138 - $129.2)

= $193,800

If hedge, net outcome will be = $900,000 - $193,800

= $706,200

8 0

3 years ago

A commercial building with a market value of $200,000 has an insurance policy with an 80 percent coinsurance clause. The owner c

RideAnS [48]

Answer:

$45,000

Explanation:

In this case the market value is $200,000 but the policy limit is only $120,000, with a coinsurance of 80%.

Since the amount of loss = $60,000, the insurance company will pay:

(stop limit / value) x loss = ($120,000 / $160,000*) x $60,000 = 0.75 x $60,000 = $45,000

*the $160,000 value is determined by multiplying the fair market value of the property times the coinsurance = $200,000 x 80% = $160,000

8 0

3 years ago

ABC, Incorporated desires to have the most qualified people in every position throughout its organization. This is an example of

Mashutka [201]

Answer:

The correct answer is letter "A": Developing human capital.

Explanation:

Developing human capital implies training existing employees of the company so they can specialize in their every-day duties which is likely to be positively reflected in their efficiency at work, increasing at the same time the productivity of the organization.

4 0

3 years ago