Required: Compute the asset turnover ratio for 2021. (Re Asset turnover ratio
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- How do I find the ROA (return over assets for year 2021 and 2020?Analyzing Fixed Assets Pitt reported the following information for 2018 and 2019: Required: Compute Pitts fixed asset turnover ratio and the average age of its fixed assets. ( Note: Round all answers to two decimal places.)Assuming the investment is appropriately recognized as financial assets at amortized cost: How much interest income is to be recognized on December 31, 2020?
- 1. Assuming the investment is appropriately recognized as financial assets at amortized cost: What is the carrying value of the investment on December 31, 2020? 2. Assuming the investment is appropriately recognized as financial assets at amortized cost: Determine the gain or (loss) to be recorded upon the sale of the investment. 3. Assuming the investment is appropriately recognized as financial assets at amortized cost: How much interest income is to be recognized in 2021?Assuming the investment is appropriately recognized as financial assets at amortized cost: How much is the interest receivable to be recognized on December 31, 2020?To answer, please refer to the picture. Question: How much must be shown as current asset (cost of uncompleted contract in excess of billings) in the balance sheet of SM Development as of December 31, 2018?
- What is the carrying value of the asset of December 31, 2018?How much are the depreciation expenses for the year 2019?using the information can you create a balance sheet for 2020, these are sections Asset Type Date of purchase Cost Useful life from the date of purchase Depreciation/ Amortization method Applicable depreciation rate