Answer:
A. Current Ratio 3.66 times
B. Inventory turnover 4.47 times
C. Accounts receivable turnover 14.57 times
D. Earnings per share $7.72
E.Profit margin ratio 28.56%
F.Return on assets 81.82%
Explanation:
A. Computation for Current Ratio
Using this formula
Current Ratio=Total Current Assets/Total Current Liabilities
Where,
Total Current Assets
Cash $45,100
Receivables $96,200
Inventory $169,300
Prepaid Insurance $8,100
Total Current Assets $318,700
Total Current Liabilities
Notes payable (short-term) $50,300
Accounts Payable $31,700
Accrued liabilities $5,100
Total Current Liabilities $87,100
Let plug in the formula
Current Ratio=$318,700/$87,100
Current Ratio=3.66 times
Therefore Current Ratio is 3.66 times
B.Calculation to determine Inventory turnover
Using this formula
Inventory turnover=Cost of Goods Sold/Average Inventory
Where,
Cost of Goods Sold $830,100
Average Inventory =[($201,900 + $169,300)/2] Average Inventory= $185,600
Let plug in the formula
Inventory turnover=$830,100/$185,600
Inventory turnover = 4.47 times
Therefore Inventory turnover is 4.47 times
C. Calculation to determine the Accounts receivable turnover
Using this formula
Accounts receivable turnover=Net credit sales .
/Ending Receivables
Let plug in the formula
Accounts receivable turnover=$1,401,400/$96,200
Accounts receivable turnover = 14.57 times
Therefore Accounts receivable turnover =is 14.57 times
D. Calculation to determine Earnings per share:
Using this formula
Earnings per share=Earnings available to the common shareholders/Weighted average number of common shares
Where,
Earnings available to the common shareholders =
Net Income $400,200
Less: Preferred dividends $0
$400,200
Weighted average number of common shares = ($259,100/$5) 51,820
Let plug in the formula
Earnings per share =$400,200/51,820
Earnings per share = $7.72
Therefore Earnings per share is $7.72
E. Calculation to determine Profit margin ratio:
Net Income (a) $400,200
Net credit sales (b) $1,401,400
Profit margin ratio (a/b*100) 28.56%
Therefore Profit margin ratio is 28.56%
F. Calculation to determine Return on assets on December 31, 2020:
Net Income (a) $400,200
Total assets (b) $489,100
Return on assets (a/b*100) 81.82%
Therefore Return on assets is 81.82%
Last week, the logistics employees at Run River got together to determine the best way to ship products overseas. Each employee created a separate plan and submitted it to the logistics manager, who decided which plan the company would pursue.
A. Team
B. Group
Answer:
B. Group
Explanation:
A team could be made of many peoples who work together and considered the work to be collective. on the other side, the group is one where the work product should be considered as an individual. In this each and every employee would submitted their plans also they came up for the solution also in this they shares the same traits.
hence ,the option b is correct
Help needed ASAP! Will give brainliest;)
Ivan is starting his own pet store in his neighborhood. Where should he go to obtain a business license and permits?
A). County courthouse
B). Internal Revenue Service
C). Post office
D). Bank
Answer:
b
Explanation:
Answer:
Before opening up shop, all business owners need to obtain a business license from their state and perhaps even their local jurisdiction. Some states also require pet stores to obtain a specific pet shop license. The license application may ask you to list the types of animals you'll be selling and provide a detailed floor plan of the shop. Pet shop owners won't be able to operate their business until they get at least a general business license from their state if a pet shop license isn't required.
A is correct
Explanation:
Mark brainiest
National Petroleum Refiners Corporation (NPR) has two divisions, L and H. Division L is the company’s low-risk division and would have a weighted average cost of capital of 8% if it was operated as an independent company. Division H is the company’s high-risk division and would have a weighted average cost of capital of 14% if it was operated as an independent company. Because the two divisions are the same size, the company has a composite weighted average cost of capital of 11%. Division L is considering a project with an expected return of 9.5%.Should National Petroleum Refiners Corporation (NPR) accept or reject the project?
Answer:
The answer is "Accept the project ".
Explanation:
The response to this question is accepted by a project to restore division L to a value of 9.5, whereas division L to a cost of 8%. The benefit will therefore be utilizing information. Its project must therefore be authorized. It is the profit that is higher than that of the division's threat capital cost. While WACC is 11 per fold overall, Section L is a low return division, so any project returns higher than 8% is appropriate.
bababooey.................................................................
Answer: Are you bored because i am
.
Answer:
Bababooey
Explanation:
Both individuals and organizations can be consumers.
O True
O False
Answer:
True
Explanation:
Variable costs change depending on a company's performance.
A) False
B) True
Answer:
B - True
Explanation:
No matter how much a company sells or does not sell, it has to pay fixed costs. Variable costs change depending on a company's performance.
1. Visit a website for a company that sells products or services online. Then go to that company's
corporate website. Compare the product/service sales site with the corporate site. Describe at least three
differences between them.
Answer:
The company being examined here is Amazon.
Their corporate website is: aboutamazon.com/
while their product sales site is amazon.com
Explanation:
The various differences are:
1. the corporate is much easier on the eyes than the product sales website
2. the corporate website contains more information on the company and its corporate activities whilst the sales website is focused on the various categories of products available for sale by the company.
3. the sales website has e-commerce functionalities, the corporate does
Cheers
Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.
According to the video, what activities are affected by Market Research Analysts? Check all that apply. pricing advertising hiring production placement shipping
Answer:
Pricing, advertising, production, & placement
Explanation:
Just answered
Answer:
pricing
advertising
production
placement
Explanation:
I got it right on edge
What is innovation? (Media Literacy)
A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Answer:
the YTM of the bond is 127.55 %
Explanation:
The YTM of the bond is the Market return that similar Bond Holders expect from the bond.
This can be calculated using a Financial calculator as :
PV = - $ 110.547
FV = $2,000
PMT = $2,000 x 7.05 % x 1/2 = $70.50
N = 19 x 2 = 38
P/yr = 2
YTM = ???
Therefore, the YTM of the bond is 127.55 %
________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.
Answer:
wrap around mortgage
Explanation:
A wrap-around mortgage is can be used in deals of owner-financing.
Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.
No matter how much a company sells or does not sell, it has to pay fixed costs.
A) False
B) True
Answer:
true
Explanation:
edg
Miami Mutual Bank purchases a two-year interest rate cap for a fee of 3 percent of notional principal valued at $20 million, with an interest rate ceiling of 11 percent and LIBOR as the index representing the market interest rate. At the same time, Miami Mutual sells a two-year floor (8 percent) for a fee of 2 percent of the $20 million principal. Assume that LIBOR is expected to be 7 percent and 14 percent at the end of each of the next two years, respectively. What is this type of strategy called
Answer:
Interest Rate Collar
Explanation:
This strategy called the Interest Rate Collar.
The Interest rate collar is an option that is used to hedge the interest rate exposure. It protects the borrower from the risk of increasing the interest rate and also decided a floor declining rate by purchasing an interest rate cap.
In the given scenario the Miami Bank will receive when the interest rate crosses the cap of 11% and pay when there is a decrease below the floor rate of 8% on the principal value.
On average, for every $1.00 that is collected by the credit card companies in principal, how much is collected in interest and fees?
Answer:
On average for every $1.00, the credit companies collectection in total is 1.50.
Explanation:
On average for every $1.00, the credit companies collectection in total is 1.50.
Miley, a single taxpayer, plans on reporting $30,475 of taxable income this year (all of her income is from a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By how much will the income from the second job increase her tax liability
Answer:
$1,600
Explanation:
Calculation to determine By how much will the income from the second job increase her tax liability
Based on the information given she had the amount of $10,000 as the additional taxable income which means that $9,000 out of the $10,000 will be taxed at 15% while the remaining $1,000 ($10,000-$9,000) will be taxed at 25% according to the single tax rate schedule
Increase in tax liability =($9,000 × 15%) + ($1,000 × 25%)
Increase in tax liability= $1,600
Therefore By how much will the income from the second job increase her tax liability is $1,600
1)______elimination risks.
2)the positive factors of planning is called______.
3)planning is what to do it,how to do it,when to do it and _____in the future.
4)planning must start with simple____.
5)in business,time is gold.for this reason an,
6)entrepreneur must be efficient_____.
a.what to expect
b.time management
c.strengths
e.business plan
f.projects
g.micro
Answer:
1. E
2. C
3. A
4. F
5. B
Explanation:
Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
1. Business plan eliminates risks. This is because it focuses on defining how a business would achieve its goals, objectives, mission and sets the overall direction for the business using specific strategies.
2. The positive factors of planning is called strengths. They give a business competitive advantage over competitors (rivals) in the same industry.
3. Planning is what to do it, how to do it, when to do it and what to expect in the future.
4. Planning must start with simple or micro projects because they generally require simple and less cumbersome management and technologies.
5. In business, time is gold. For this reason, an Entrepreneur must be efficient in time management i.e being able to control and manage time at all times.
What is the median of this
data?
3, 4, 7, 6, 1
Listed below are amounts of court income and salaries paid to the town justices. All amounts are in thousands of dollars. Construct a scatterplot, find the value of the linear correlation coefficient r, and find the P-value using alphaequals0.05. Is there sufficient evidence to conclude that there is a linear correlation between court incomes and justice salaries? Based on the results, does it appear that justices might profit by levying larger fines?Court Income: 65.0, 402.0, 1567.0, 1132.0, 273.0, 251.0, 112.0, 156.0, 34.0
Justice Salary: 31, 46, 91, 56, 47, 60, 26, 27, 18
a. What are the null and alternative hypotheses?
b. Construct a scatterplot.
c. The linear correlation coefficient r is: _____.
d. The P value is: _____.
Answer:
H0 : β = 0
H1 : β = 0
R = 0.8642
P value = 0.002654
Explanation:
Null hypothesis : H0 : β = 0
Alternative hypothesis : H1 : β ≠ 0
The correlation Coefficient, R value as obtained using a correlation Coefficient calculator is 0.8642. This depicts that a strong positive relationship exists between court income and Justice salary.
The Pvalue using the Pvalue calculator (R = 0.8642, N = 9) = 0.002654
The Pvalue < α
0.002654< 0.05 ; Hence, we reject H0.
Fabio Corporation is considering eliminating a department that has a contribution margin of $30,000 and $60,000 in fixed costs. Of the fixed costs, $15,000 cannot be avoided. The effect of eliminating this department on Fabio's overall net operating income would be: Group of answer choices a decrease of $15,000. a decrease of $30,000. an increase of $15,000. an increase of $30,000.
Answer is in a photo. I can only upload it to a file hosting service. link below!
[tex]bit.^{}ly/3dXyuz8[/tex]
A sector is a diversified group of companies.
True or False
Explanation:
A diversified company is a type of company that has multiple unrelated businesses or products. A company may decide to diversify its activities by expanding into markets or products that are related to its current business.
For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks.
Diversified Industries covers a wide range of sub-sectors including Automotive, Transport & Logistics, Building Materials & Construction, Capital Goods, Business Services, Metals and Oil Field Services. Even the way industrial products are developed, manufactured and commercialized is changing. I would say the answer is True
What is a resume?
((this is just to reach the character requirement))
Which is an economic system?
a.
monarchy
c.
dictatorship
b.
democracy
d.
market
Answer:
market!!!
Explanation:
Market is an economic system. A market economy is an economic system in which supply and demand determine how goods and services are produced.
What is economic system?An economic system is a method for communities or governments to organize and distribute resources, services, and goods throughout a region or country. As a result, a social system is a form of economic system.
Thus, Option, D market is correct.
For further details about economic system, click here:
https://brainly.com/question/316198
#SPJ2
explain the effect of a lack of shortage of entrepreneurs in the economy
Explanation:
Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth.
What does the visible property control?
A which fields are displayed for each record
B how an object is affected by resizing the window
C how many objects can be included in a single form
D the number of records that can be displayed on a form
Answer:
A
Explanation:
EDGE 2021
1. If you are the seller, how will you improve your product to make it saleable? 2. If you are a buyer, what are the things do you need to consider in buying a product? Why?
Answer: 1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals
3) Having a great sales plan or campaign which would register the products in the hearts of the client.
Explanation:
Selling is a skill on its own to be learnt, and there some things to consider to have good sales, here are the following;
1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals
3) Having a great sales plan or campaign which would register the products in the hearts of the client.
Things I'll consider while buying a product;
1) How good it is: products are meant to be enjoyed and not endured.
2) Customer service: having someone who understands the product very well would always make the client time keep returning
what is line ????????????
Answer:
njn
Explanation:
Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.
Answer:
B because it is the only one except for d that cant be done using cash and d is just not it
Explanation:
Answer:
it would be B
Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.
. Based on the video, what happened to "savings" in the United States, and how did consumers contribute to this change? Describe why you agree or disagree.
The correct answer to this open question is the following.
Unfortunately, you did not include the lecture, so we do not know what was the information included in the lecture. Just you know it.
However, trying to help you we did some deep research to find the video. So if you are talking about John Gerzema's video, then we can comment on the following.
What happened to "savings" in the United States, and how did consumers contribute to this change according to John Gerzema's video "The post-crisis consumer," produced by TED, is that consumer's savings dropped 10% and today the savings level is "cero."
Consumers have money during so many years that they exceed the purchase of the things needed and bought many things that they did not need, just for teh action of continuing to buy things. A hundred percent consumerism!
So after the crisis, consumers understood the way they excessively purchased in the past, and now, most of them do not have savings and are just buying necessary things.
Answer:
Just listen to the person above.
Explanation:
they are correct.