Answer:
TarHeel's accounting effective tax rate is 19.95%
Explanation:
The effective tax rate is the hypothetical tax rate adjusted for the tax cost or benefit from permanent difference.
the dividend received deduction reduces the Effective tax rate
= 50,000*21%
= 10,500/1,000,000
= 1.05%.
Effecttive tax rate is 21% - 1.05% = 19.95%
Therefore, TarHeel's accounting effective tax rate is 19.95%
Check its weight. Then it will be easier for us
Answer:
INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million
Explanation:
Inventory turnover will be determined as :
Inventory turnover = Annual sales ( at cost ) / Inventory value
Annual sales this year = $72million
Inventory turnover = 8 times
Therefore , Inventory value of current year = $72/8 =$ 9 MILLION
If annual sales ( at cost ) increases by 25%, Inventory value also has to increase by 25% to maintain the same inventory turnover ratio next year
Therefore , increase in average inventory value required = 25% of $9 million = $2.25 million
INCREASE IN AVERAGE INVENTORY VALUE REQUIRED = $2.25 million
Answer: True
Explanation: Entrepreneurship is the ability to create and run a business venture with the aim of generating a profit. This comes in the form of starting new businesses. It takes into account planning, organising, managing an assembling the 4 factors of production, and using these factors to create a product or service that customers can buy, in exchange for money. The four factors of production are: land, labour, natural resources and capital. It is important to note that although entrepreneurs aim to make a profit, they can also bear risks that can affect their business ventures and thus the profit that they make.
Answer:
11.30%
Explanation:
Roten rooters have an equity multiplier of 1.52
The total assets turnover is 1.20
The profit margin is 6.2%
= 6.2/100
= 0.062
Therefore the ROE can be calculated as follows
= 0.062× 1.52×1.20
= 0.1130×100
= 11.30%
Hence the ROE is 11.30%