Exercise 15-12A (Algo) Return on investment LO 15-6An investment center of Vernon Corporation shows an operating income of $8,505 on total operating assets of $63,000.RequiredCompute the return on investment. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).)Return on investment%

The accounting ratios are ascertained to tell us about the financial information of various…

Answered: Required Compute the return on…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Calculate the arithmetic average of the following returns. Year Return1 0.12 20.16 3 0.24 4 0.13 50.02 Enter the answer with 4 decimals, e.g. 0.1234.
Subject: acounting
for part b, you entered the figure £45.17... as the D0. where did you get this figure from as its nowhere else in your working out?
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Subject: accounting
Filton Company reported net income of $44,204 for the year. During the year, accounts receivable increased by $7,925, accounts payable decreased by $4,003 and depreciation expense of $46,347 was recorded. Find the net cash provided by operating activities for the year. Select the correct answer. $44,204 $78,623 $102,479 $94,473
3. * The force of interest (t) at time t (measured in years) is a + bt² where a and b are constants. An amount of £200 at time t = 0 accumulates to £210 at t = 5 and £230 at t = 10. 1 (a) Show that a = log (1.05) - 30 log(1.15) = 0.008352, and b = 250 log(1.15) - 125 log(1.05) = 0.0001687. (b) Compute A(0, 7) and hence compute the discounted value at t = 0 of a payment of £750 due at t = 7. (c) Compute A(6, 7). What is the equivalent constant annual interest rate for the year from t = 6 to t = 7? (d) Calculate the constant force of interest that would give rise to the same accumulation from t = 0 to t = 10.

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Required Compute the return on investment. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).)