Excerpts from dowling company's december 31, 2018 and 2017, financial statements and key ratios are presented below (all numbers are in millions): 2018 2017accounts receivable (net) $ 20 $ 16net sales $ 115 100cost of goods sold $ 60 55net income $ 20 17inventory turnover 5.22return on assets 10.3 %equity multiple 2.36dowling's return on equity for 2018 is (rounded): (a) 24.3%. (b) 22%.(c) 17.4%.(d) 9%.

Landon mars, the company bookkeeper, recorded the $10,000 purchase of land as rent expense by decreasing cash and decreasing shareholders' equity. what is the effect of this error on the accounting equation

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. true or false

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy. b. this is a negative response strategy. c. this is a response strategy for either positive or negative risk known as contingency planning. d. this is a response strategy for either positive or negative risks known as passive acceptance.