<u>Calculation of Return on Total Assets:</u>
Return on Total assets can be calculated using the following formula:
Return on Total Assets = Net Income / Total Assets
We can calculate Net income as follows:
Sales $2960
Less: Operating Costs $2675
Less: Interest charges $125
Income before tax = 160
Less: Tax (160*40%) = 64
Net Income = $96
Hence , Return on Total Assets = 96/2100 = 0.0457 =<u>4.57%</u>
Answer:
$264,930
Explanation:
Land is an asset, an item of property plant and equipment (fixed asset). As such it is recorded at historical cost which includes the cost of the land as well as other cost incurred in making the land available for use net of the income generated in the process of making the asset available for use. Other cost may have been incurred in the process of purchasing the land but only the cost necessary to make the land available for use are capitalized.
Hence, the capitalized cost of the land is:
= $250,000 + $12,600 - $1,690 + $540 + $3,800 - $320
= $264,930
The cost of insurance will be expensed.
Answer:
The FED must decrease the price of money (or interest rates), and to do that it will buy US securities. By purchasing securities, the FED will decrease the money supply, lower the interest rates and halt inflation. This is called a contractionary monetary policy.
It can also increase the banking system's required reserve ratio, but besides lowering the interest rates, it will also decrease the supply of credit cards even further, so one action could offset the other. That is why this policy might be inefficient in this specific case.
<span>We can use line graphs, pie graph,bar graphs and scatter point graphs to present data.Line graph will display the data in connected points form which is line that changes continuously over time.Pie charts graph represents graphical data and it is the best use for comparison.Bar graphs is similar to line graph but it represent in planes to define an value instead of points and lines.Scatter point graph uses coordinates to display the values for sets of data</span>
Answer:
See below
Explanation:
The percentage allocated to each socially responsible action
1. pollution control
The amount allocated is $37,000
The total budget is $750,00
The percentage = $37,000/$750,000 x 100
=0.0493333 x 100
=4.933%
2. community project
Amount allocated=22,500
As a percentage = 22,500/750,000 x 100
=0.03 x 100
=3%
3. Employee fitness
Amount allocated= $7500
As a percentage
=$7500/$750,000 x 100
=0/01 x 100
=1%
<u>The total amount spent</u>
=, $37,000 +$22,500 +$7,500.
=$67,000
