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- a.) Calculate Hasbro's and UHS's ROE for each fiscal year. Verify if the answers below are correct if not, show the correct answer. 2019 2018 Hasbro's ROE: 17% 13% UHS ROE: 15% 15%Calculate the percentage of completion during 2020. (Answer in decimal form, rounded to four decimal places e.g 0.xxxx)Calculate DOL, DOF, and DOT for both years. ANSWER 2020 2021
- FIND P AND A End of time (year) Payment1 8,0002 7,0003 6,0004 5,000i= 15%Please do E4.7 part a.(listed under instructions) Part a. is Prepare closing entries at June 30, 2020.In Set’ Dec. 31, 2020 statement of financial position, how much should be the accounts payable? *see attached a. P 1,410,000b. P 1,485,000c. P 1,462,500d. P 1,425,000
- Compute Berclair's earning per shar for the year ended December 31 20211. An insurance policy, good for one year, was purchased on April 1, 2020 and has a valueof $25,000.a) Write the journal entry to record the original purchase of the insurance policy onApril 1.b) Write the adjusting journal entry required on April 31, 2020 to reflect the use of onemonth of the insurance service. What, concerning Insurance, would appear on theBalance Sheet? What would appear on the Income Statement?c) Write the adjusting journal entry required on May 31, 2020 to reflect the use of onemore month of the insurance service. What, concerning Insurance, would appear onthe Balance Sheet? What would appear on the Income Statement?Required: Calculate the following ratios for 2021. (Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places.)
- Accounts Payable as of December 31, 2020 should amount to: *A. 531,000B. 600,000C. 627,000D. 1,827,000On January 7, 2023, $4000 was deposited into an account which earns 5% annually. Assuming simple interest is allowed for part of a conversion period, how much will be in the account on October 20, 2030?8. The premium on a 3-year insurance policy expiring on December 31,2022 was paid in total on January 1, 2020. The original payment wasinitially debited to prepaid insurance. The appropriate adjusting entry hadbeen recorded on December 31, 2020. Which statement will be incorrect? A. Insurance expense increased by amount equivalent to 1 year on December 31, 2020. B. Prepaid insurance balance on December 31, 2020 should be the same as it would have been if the original payment had been debited initially to an expense account. C. Prepaid insurance balance on December 31, 2021 is lower than the balance on December 31, 2020. D. none of the above