What number is 125% of 19?
23.75
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On November 1, 2019, Alpha Omega, Inc. sold merchandise for $15,000, FOB destination, with payment terms, n/30. The cost of goods sold was $5,100. On November 3, the customer returns on this sale amounted to $6,000. The company received the balance on November 9, 2019. Calculate the cost of goods sold from these transactions.
A) $2,040 B) $5,940 C) $5,100 D) $3,060
The account Investment in Bonds is reported
A) at cost as a long-term liability along with the current portion reported as a current liability B) at cost as a long-term asset less Discount on Bond Investments or plus Premium on Bond Investments C) at cost as a long-term asset D) at fair market value because that is all that is required
Albany, Inc. does business in states C and D. State C uses an apportionment formula that double-weights the sales factor; state D apportions income using an equally-weighted three-factor formula. Albany's before tax income is $3,000,000, and its sales, payroll, and property factors are as follows. C D Sales factor50%50%Payroll factor40%60%Property factor20%80%Calculate Albany's income taxable in each state.
A. State C, $1,200,000; State D, $1,800,000. B. State C, $1,200,000; State D, $1,900,000. C. State C, $1,100,000; State D, $1,800,000. D. State C, $1,100,000; State D, $1,900,000.
Which of the following is true of a beta coefficient?
A. The beta coefficient is an estimated correlation coefficient. B. A beta coefficient shows the change in the dependent variable for each unit change in the independent variable. C. The beta coefficient ranges from 1.00 to 3.00 and is a positive correlation coefficient. D. A positive beta means as the size of an independent variable decreases, then the size of the dependent variable increases. E. The beta coefficient is an F-ratio that has been recalculated to have a mean of 1 and a standard deviation of 0.