The followinginformation pertains to Caravan Company: Totalassets $150,000 Totalcurrent liabilities 110,000 Totalexpenses 60,000 Totalliabilities 115,000 Totalrevenues 80,000 The income percentage ofrevenue is:
The followinginformation pertains to Caravan Company: Totalassets $150,000 Totalcurrent liabilities 110,000 Totalexpenses 60,000 Totalliabilities 115,000 Totalrevenues 80,000 The income percentage ofrevenue is:
The followinginformation pertains to Bundy Company: Totalassets $50,000 Totalcurrent liabilities 30,000 Totalexpenses 60,000 Totalliabilities 35,000 Totalrevenues 80,000 If invested capital isdefined as total assets, the return on investment is:
The followinginformation pertains to Bundy Company: Totalassets $50,000 Totalcurrent liabilities 30,000 Totalexpenses 60,000 Totalliabilities 35,000 Totalrevenues 80,000 If invested capital isdefined as total assets, the return on investment is:
During the current year, the total assets of Mifflinburg Corporation decreased by $60,000 and totalliabilities decreased by $300,000. The company issued $100,000 of new stock, and its net incomefor the year was $250,000. No other changes to stockholders’ equity occurred during the year.The dollar amount of dividends declared by the company during the year is A: $100,000. B: $200,000. C: $110,000. D: $250,000.
During the current year, the total assets of Mifflinburg Corporation decreased by $60,000 and totalliabilities decreased by $300,000. The company issued $100,000 of new stock, and its net incomefor the year was $250,000. No other changes to stockholders’ equity occurred during the year.The dollar amount of dividends declared by the company during the year is A: $100,000. B: $200,000. C: $110,000. D: $250,000.