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The marginal revenue of a product is sh 300 and we know that total revenue is zero when x is zero the marginal cost is sh 200 and we are given that when x is zero the total cost equals to ksh.120,000
The marginal revenue product (MRP), also known as the marginal value product, is the revenue generated by adding one unit of resource. The marginal revenue product (MRP) is derived by...
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Given that the cost of sales of a company XYZ for the year 2005 was
ksh 570,000 and the average stock amount to ksh 124,250.
Calculate the stock turnover
The stock turnover is calculated asStock turnover=(Cost of sales)/(Average stock held)=(570,000)/(124,250)=4.59 times
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ABC bank produced net income of just over sh.23 billion in 2015, and had total assets of sh.1.787 trillion at the end of the year. Compute its return on assets (ROA).
ROA=(net income)/(total assets)=23/1787=1.29%
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Distinguish between the different types of tangible assets and explain the difference between tangible and intangible assets.
There are two types of assets called tangible and intangible assets. Tangible assets are usually physical assets or property owned by a company, such as computer equipment. Tangible assets are...
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Fee Founders has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred stock sells for $60 a share. What is the preferred stock’s required rate of return?
The preferred stock’s required rate of return is: 5/60 = 0.083 or 8.3%.
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Indicate why differentiation is made between current assets and non-current assets
Current assets are items listed on a company's balance sheet that are expected to be converted into cash within one fiscal year. Conversely, noncurrent assets are long-term assets that a...
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Indicate why differentiation is made between financial assets and non financial assets?
A non-financial asset has a physical value (for example, real estate, equipment, machinery or vehicle). In contrast, financial asset has a value, wich is based on a contractual claim (for...
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At the end of the year, where is all net income or loss transferred?
A. Fixed Asset
B. Retained Earnings
C. Equity
D. Assets and Liabilities
Explain why the answer is correct.
Answer B. Retained Earnings.The retained earnings of a company is the accumulated net income of the company that is retained by the company at a specific point of time, for...
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Calculate closing stock and cost of goods sold :
Opening stock ₹ 5000; sales ₹ 16000; carriage inwards ₹ 1000; sales return ₹ 1000;. Gross profit ₹ 6000; purchase ₹ 10,000; purchase return ₹ 900.
1| Calculation of Closing stock:Opening stock ₹ 5000Add: Purchase ₹ 10,000Less: Purchase return ₹ 900Less: Sales ₹ 16000Add: Sales return ₹ 1000Add: Gross profit ₹ 6000Closing stock= ₹ 51002| Calculation...
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SFP Question 2 Liabilities = 40% of total Assets Current Assets= 1,900,000 pesos Noncurrent Assets= 500,000 pesos How much is the value of Owner's Equity?
Noncurrent Assets + Current Assets = Owner's Equity + LiabilitiesOwner's Equity = Noncurrent Assets + Current Assets - LiabilitiesOwner's Equity = Noncurrent Assets + Current Assets - (Noncurrent Assets +...
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