Answer:
(i) 1.57
(ii) 12.40%
(iii) $76,898.60
Explanation:
Debt-equity ratio = debt/equity
Hence debt= 0.57 equity
= (0.57 × 620000)
= $353,400
Total assets = debt + equity
= (353400+620000)
= $973400
1. Equity multiplier = Total assets ÷ Equity
= $973,400 ÷ 620,000
= 1.57
3. ROA = net income ÷ Total assets
net income = ($973,400 × 0.079)
= $76,898.60
2. ROE = net income ÷ Total equity
= $76,898.60 ÷ 620,000
= 12.40%(Approx).
Answer:
c). cover letter
Explanation:
A cover letter is a formal letter or document that a job seeker sends to a potential employer together with a resume. The letter details the positions that the vacant applicant seeks to fill. The cover letter or job application letter accords the applicant the opportunity to market themselves to the employer.
In the cover letter, a job seeker states why they are the best candidate for the position. Applicants use the cover letter to convince the employer to hire them.
Answer: the tariffs will vary depending on the classification.
Explanation:
Tariff is a form of tax that is usually imposed on the imports that are brought from other countries to a particular country.
With regards to information provided in the question, the classification of goods is significant because the tariffs will vary depending on the classification.
Answer:
a. The amount refund owed to the customer is : $29,792
b. To record the refund and the return of merchandise:
Dr Sales returned and Allowances $30,400
Cr Sales Discounts $608
Cr Cash $29,792
(to record the refund of $30,400 sales with sales discount of $608 made)
Dr Merchandise Inventory $13,060
Cr Cost of Merchandise sold $13,060
(to record the impact of the $30,400 sales refund on cost of merchandise sold and merchandise inventory)
Explanation:
- Further explanation for sell discounts calculation:
As the terms is 2/10, total discount had been given as calculated below:
$30,400 x 2% = $608.
They could provide internships towards graduates to allow them to acquire working experience.
They could also provide training to help graduates have an understanding of what they are expected of in the workplace.