Presented Below Are the Comparative Balance Sheets of Big Apple

question 3

Essay

Presented below are the comparative balance sheets of Big Apple, Inc., at December 31, 2014, and 2013. Sales for the year ended December 31, 2014, totaled $890,000. Required:
A) Calculate ROI for 2014.
B) Calculate ROE for 2014.
C) Calculate working capital at December 31, 2014.
D) Calculate the current ratio at December 31, 2014.
E) Calculate the acid-test ratio at December 31, 2014.

• A) Calculate ROI for 2014.
• B) Calculate ROE for 2014.
• C) Calculate working capital at December 31, 2014.
• D) Calculate the current ratio at December 31, 2014.
• E) Calculate the acid-test ratio at December 31, 2014.

Identify and understand different forms of discrimination and their impacts.

Recognize the difference between prejudices, stereotypes, discrimination, and sexism.

Acknowledge the legal and social implications of discriminatory practices.

Understand the role of stereotypes in shaping societal behaviors and attitudes.

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Definitions:

Effective Rates

The actual interest rate that a borrower pays on a loan or receives on a deposit, taking into account the compounding of interest.

Coupon Rates

Coupon Rates are the annual interest rates paid by bond issuers on the bond's face value, distributed typically in semi-annual payments.

Floating-Rate Bonds

Bonds with interest rates that adjust periodically based on a reference interest rate or index, protecting investors from interest rate risk.

Market Price

The price at which a product or service is traded in the competitive marketplace.