When calculating the return on fixed assets sales is divided by _________________
Fill in the blank(s) with correct word
Average fixed assets
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Glick Company purchased oil rights on July 1, Year 1, for $2,760,000. A total of 200,000 barrels of oil are expected to be extracted over the assets life, and 48,000 barrels are extracted and sold in Year 1. Which of the following correctly summarizes the effect of the Year 1 depletion expense on the elements of the financial statements? (Do not round intermediate calculations.)
A. A decrease in stockholders' equity of $200,000. B. A decrease in assets of $662,400. C. An increase in stockholders' equity of $702,400. D. A decrease in assets of $480,000.
Free cash flow is
A) all cash in the bank B) cash from operations C) cash from financing, less cash used to purchase fixed assets to maintain productive capacity and cash used for dividends D) cash flow from operations, less cash used to purchase fixed assets to maintain productive capacity and cash used for dividends
Which of the following is a cost of extending credit to customers?
A. Explicit interest B. Fees paid to credit card companies C. Uncollectible accounts expense D. Lost sales
Jayson has been working in a new country for about a year now. He has a good grasp of how this new culture operates and he feels that he can handle most situations that he comes across. He has even started to value the differences that this new culture has to his own. Jayson is in which stage of culture adaptation?
a. Autonomy b. Disintegration c. Reintegration d. Independence