Sugar Snap Manufacturing has the following information available from its accounting records: / Manufacturas Sugar Snap tiene la siguiente información disponible de su contabilidad: Shares outstanding throughout the year / Acciones en circulación durante el año $12,000 Net income for current year / Utilidad neta del año actual 56,000 Stockholders' equity at beginning of year / Capital contable al inicio del año 230,000 Stockholders' equity at end of year / Capital contable al final del año 280,000 The company has no preferred stock. What is the approximate return on equity? / La empresa no tiene acciones preferentes. ¿Cuál es el rendimiento sobre capital?

Q: Define carried interest

A: Carried interest: It could be a portion of any profit that private equity and hedge reserves common…

Q: What is the purpose of EDI?

A: Transparency in electronic data exchange: Expanding EDI enables suppliers to get access to a buyer's…

Q: Define Assigning.

A: Assigning is a process of assignment. Assignment means a transfer of a right to receive a…

Q: What is meant by Remainderman?

A: The remainderman is a beneficiary that receives the principal left in an estate or trust after a…

Q: What is indirect quote?

A: A quote is an expression of foreign exchange rate of one currency with domestic currency. Quote is…

Q: is a “look through entity”

A: Look-Through Entity: Look-Through Entity suggests that an individual that's registered under the…

Q: What is the meaning of Frieght Inward and Frieght outward?

A: Freight-inward: Freight-inward is a transportation cost related with the acquisition of goods. In is…

Q: Which sentence in the passage contains a word of phrase that signals a cause and effect relationship

A: 1. Cause and Effect relationship - It is the relation between two phenomena in which one phenomena…

Q: ansawer

A: Where a partnership itself is generally not subject to income tax, individual partners (including…

Q: Distinguish between cumulative or noncumulative?

A: cumulative and noncumulative preferred is assumed since the key term is not given.

Q: What is beginning AP stand for

A: Account payable are the liabilities for the business and recorded in balance sheet on liability…

Q: How is materiality concept applied?

A: Accounting principles:

Q: Describe Caveats?

A: A notice that is given to the court that it must give caveator a fair hearing before making any…

Q: What is the relevant range?

A: The concept of relevant range is used in the cost accounting. It tells under what level of…

Q: What is forward points?

A: Forward points are nothing but basis points added or subtracted from the spot rate of an underlying…