Answers
When interpreting measures from financial statement analysis, we need standards for comparisons.
Comparing the data to a previous period, a rival, the industry average, or a baseline are the criteria for comparing ratios. Four criteria are used to compare financial analysis results: analysis of financial ratios.
Based on information from financial accounts, this analysis would calculate financial ratios to evaluate a company's liquidity, solvency management, profitability, and market potential.
Financial statement analysis entails analyzing financial reports to comprehend an organization's financial position. Decisions about lending and investing can be based on the findings. The following items for a company's financial statements throughout a number of reporting periods are to be identified during this assessment.
To know more about financial statement analysis:
https://brainly.com/question/13858863
#SPJ4
Related Questions
Opportunity cost is _____.
the cost of business itself
the cost of travel, entertainment and other activities that provide an opportunity for recreation
the cost of an alternative product or service that cannot be acquired because the available funds were used for another purpose
none of the above
Answers
Opportunity cost is the cost of an alternative product or service that cannot be acquired. Opportunity cost is frequently referred to as the second-best option.
The loss of gain that would have been realised if a different option had been chosen is sometimes product referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.
To learn more about Opportunity cost, click here.
https://brainly.com/question/13036997
#SPJ1
Assume that a manufacturing company incurred the following costs: Direct labor $ 90,000 Advertising $ 40,000 Factory supervision $ 36,000 Sales commissions $ 15,000 Depreciation, office equipment $ 4,000 Indirect materials $ 5,000 Depreciation, factory building $ 20,000 Administrative office salaries $ 1,000 Utilities, factory $ 2,500 Direct materials $ 106,000 Insurance, factory $ 10,000 Property taxes, factory $ 7,000 What is the total amount of manufacturing overhead
Answers
The manufacturing overhead is calculated by taking all the costs that are incurred directly for the manufacturing process of goods.
Costs incurred are as follows:
Direct labor $90,000
Indirect Material $5,000
Depreciation factory building $20,000
Utilities (Factory) $2,500
Direct Materials $106,000
Factory $,7000
Total Manufacturing Overhead = $230,500
Therefore the answer to the question is $230,500
Learn more at https://brainly.com/question/7870499
The text identifies three methods for estimating the cost of common stock from reinvested earnings (not newly issued stock): the CAPM method, the dividend growth method, and the bond-yield-plus-risk-premium method. However, only the CAPM method always provides an accurate and reliable estimate. True False
Answers
Answer:
False.
It is not only the CAPM method that always provides an accurate and reliable estimate. The three methods look at the same issue from three different angles.
Explanation:
Despite their individual limitations, the methods have been found to provide some guidance to investors. The CAPM limitation lies in its use of historical data. The dividend growth method cannot be applicable to all firms, as it applies only to firms that pay dividend. Finally, the bond-yield-plus-risk-premium method suffers from the many unsubstantiated assumptions underlying it.
QUESTION 6 of 10: You can hire someone without experience for $13 per hour or someone with experience for $19 per hour. You believe the experienced person increases the sales per customer by $3. Each person handles about 12 customers per hour. Should you hire the experienced person?
a) Yes
b) No
Answers
Option A. Yes, you should hire an experienced person.
To determine if you should hire an experienced person or not, you need to calculate the sales increase against the cost of hiring an experienced person as compared to hiring someone without experience. If the sales increase is greater than the additional cost, then it is advisable to hire an experienced person.
Let's take a look at the calculation below:
If you hire someone without experience, it will cost you $13 per hour. If you hire an experienced person, it will cost you $19 per hour.
The difference in cost is $19 - $13 = $6.
The experienced person increases the sales per customer by $3. So if you have 12 customers per hour, the increase in sales will be 12 x $3 = $36.Therefore, if the additional $6 cost of hiring an experienced person is less than the sales increase of $36, then you should hire the experienced person.
The additional cost of hiring an experienced person: $6Sales increase per hour: $36
Therefore, if the sales increase per hour is more than the additional cost of hiring an experienced person, it is advisable to hire an experienced person. So, the answer to this question is "Yes, you should hire an experienced person". Therefore, the correct option is A.
Know more about Cost of hiring here:
https://brainly.com/question/29310019
#SPJ8
1. McIntyre Company adheres to a policy of depositing all cash receipts in a bank account and making all payments by check. The cash account as of December 31 has a credit balance of $1,850, and there is no undeposited cash on hand. (a) Assuming no errors occurred during journalizing or posting, what caused this unusual balance? (b) Is the $1,850 credit balance in the cash account an asset, a liability, stockholders’ equity, a revenue, or an expense?
2. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain
Answers
1a) Assuming no errors occurred during journalizing or posting, the cause of the unusual balance is an overdraft.
1b) The $1,850 credit balance in the cash account is a liability.
2. If the two totals of a trial balance are equal, it does not mean there are no errors in the accounting records.
What errors do not affect the trial balance?Some accounting errors do not make the trial balance to be unequal.
Some of the errors that will not affect the trial balance include:
Errors Of PrincipleErrors of OmissionIncorrect reportingTransposition ErrorCompensating ErrorsErrors Of CommissionReversal Of Entry ErrorLate payment charges.When anyone of the above errors occurs, the trial balance will still be in balance, and the two totals will be equal.
Data and Calculations:Cash account balance on December 31 = $1,850 Credit
Thus, when the Cash account has a credit balance, it signifies an overdraft, especially when the balance is significant.
Learn more about bank overdrafts at https://brainly.com/question/13402441
#SPJ1
Case 3:
Glenmark is an Indian-based multinational pharmaceutical company with approximately $30
billion in sales annually. In the 2021 Annual Report, the Indian company indicated $5.94 billion
dedicated to research and development (R&D). Moreover, the pharmaceutical company spent
$10.19 billion in marketing and sales in 2021. R&D and marketing expenses represent a large
portion of their total fixed costs with more than $16 billion! With this amount injected, Glenmark
creates a barrier to entry for other firms that are considering whether to enter the pharmaceutical
market or not.
It is only by going global through a large distribution network will Glenmark be able to benefit
from economies of scale. By going global, Glenmark will target more customers and spread their
fixed costs better. This also explains why multinational company has such high marketing costs.
1. Explain whether the capital expenditures by the company is justified and be able to increase
market share in future?
2. Are there any suggestions you would like to give to make its fixed costs better?
(Minimum 500 Words.)
Answers
The capital expenditure based on the information given is justified.
How to illustrate the information?It should be noted that capital expenditure are the expenditure that are used to create revenue for the company.
Every company in the world needs to improve its existing products and introduce new products. Therefore, marketing and RnD expenditure will they continue to be a dominant player in the industry. Therefore, capital expenditure is justified
One of the ways to improve fixed cost is to have strict control over costs, identify and remove unnecessary costs from the system. Also, one can reduce the number of salaried employees on staff and then shop around for lower insurance premiums.
Learn more about capital expenditure on:
https://brainly.com/question/13015214
#SPJ1
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
https://brainly.com/question/28390337
#SPJ8
Business Law, 13th Edition Question
Marya Callais, a citizen of Florida, was walking along a busy street in Tallahassee, Florida, when a large crate flew off a passing truck and hit her, causing numerous injuries. She experienced a great deal of pain and suffering, incurred significant medical expenses, and could not work for six months. She wants to sue the trucking firm for $300,000 in damages. The firm's headquarters are in Georgia, although the company does business in Florida. In what court might Callais bring suit—a Florida state court, a Georgia state court, or a federal court? What factors might influence her decision?
Marya Callais, a citizen of Florida, was walking along a busy street in Tallahassee, Florida, when a large crate flew off a passing truck and hit her, causing numerous injuries. She experienced a great deal of pain and suffering, incurred significant medical expenses, and could not work for six months. She wants to sue the trucking firm for $300,000 in damages.
Who is the potential plaintiff in this lawsuit?
Select: Marya/trucking firm
Who is the potential defendant?
Select: Marya/trucking firm
How does a court get personal jurisdiction over a plaintiff? When the plaintiff files a Select: complaint/motion/answer/memorandum in that court.
In order for Marya to sue the trucking firm, she has to file the lawsuit in a court that also has personal jurisdiction over the Select: plaintiff/defendant
The firm's headquarters are in Georgia, although the company does business in Florida. In what court might Callais bring suit—a Florida state court, a Georgia state court, or a federal court? What factors might influence her decision?
What state(s) have personal jurisdiction over the trucking firm?
1. Select: Georgia/Alabama/South CarolinaI 2. Select: Florida/Alabama/South Carolina
Why? Its headquarters is in Select: Georgia/Florida/Alabama/Washington D.C. and does business in Select: Georgia/Florida/Alabama/Washington D.C.
Can Marya sue the trucking firm in Georgia and Florida state courts?
Select: Yes/No
Does Marya want to sue the trucking firm in Georgia?
Select: Yes/No
Why?
1. Select: she has to travel there/more sympathetic jury in GA/the court is closer to her home/witnesses are there/may know or get recommendations to local lawyers/FL residents may be a more sympathetic jury
2. Select: she has to get a lawyer there/more sympathetic jury in GA/the court is closer to her home/witnesses are there/may know or get recommendations to local lawyers/FL residents may be a more sympathetic jury
3. Select: more sympathetic jury in GA/the court is closer to her home/witnesses are there/witnesses have to travel there/may know or get recommendations to local lawyers/FL residents may be a more sympathetic jury
Does Marya want to sue the trucking firm in FL?
Select: Yes/No
Why?
1. Select: the court is closer to her home/she has to travel there/witnesses have to travel there/she has to get a lawyer there/more sympathetic jury in GA
2. Select: may know or get recommendations to local lawyers/she has to travel there/witnesses have to travel there/she has to get a lawyer there/more sympathetic jury in GA
3. Select: FL residents may be a more sympathetic jury/she has to travel there/witnesses have to travel there/she has to get a lawyer theremore sympathetic jury in GA
4. Select: she has to travel there/witnesses have to travel there/she has to get a lawyer there/more sympathetic jury in GA/witnesses are there
Can Marya sue the trucking firm in a federal trial court?
Select: Yes/No
Why?
1. Select: residents of different states/trucking firm is a federal government business/the accident happened in the U.S.A.
Select: trucking firm is a federal government businessover $75000/the accident happened in the U.S.A.
What if the trucking firm did not do business in Florida but was just passing through-Could Marya still sue in Florida?
Select Yes/No
Why? Yes, if the trucking firm has SelectmaximumminimumItem 23 contacts in Florida.
Does the firm have minimum contacts in Florida?
Select Yes/No
Why? Yes, because it caused the accident in Select Florida/ Georgia
What if the truck did not cause the accident and was just passing through?
Select Yes/No
Why? No, as there was no Select maximum/minimum contacts. Courts have held that generally the company must be advertising or selling goods in the state to have minimum contacts.
What type of statute allows one state to reach into another state and bring a defendant into the first state's courts?
Select Short-arm statues/Long-arm statutes
Answers
The answers are:
Marya Callais.The trucking firm. Complaint. Defendant. Georgia. Florida.Which state or states have exclusive authority over the trucking company?Georgia. Florida. Yes. No.Marya decides against suing the Georgia-based transportation company because
She'll have to make the trip.In Georgia, she will need to hire an attorney.There will also be a trip required for the observers.Yes.She'll file a lawsuit in Florida since,
Her house is nearer the court.easier to obtain recommendations for area attorneys.Residents of Florida may make for a more sympathetic juror. Witnesses are there. Yes.She may file a lawsuit in federal trial court because
Both sides are citizens of separate states.
Over $75000.
To know more about transportation, visit:
https://brainly.com/question/27667264
#SPJ4
What business name could I use if I am selling masks? Ideas?
Answers
Answer:
Jordans Mask shop
Explanation:
...... .....
if you deposit $1000 in a savings account with an interest rate of 5% what will be the future value?
Answers
The future value of the amount deposited in the savings account, in a year's time, would be $ 1, 050.
How to find the future value ?To calculate the future value of the deposit, we can use the formula:
FV = PV x (1 + r)^n
Where FV is the future value, PV is the present value (in this case, $1000), r is the interest rate (5%, or 0.05 as a decimal), and n is the number of compounding periods.
Assuming that the interest is compounded annually, n would be 1. So, plugging in the values, we get:
FV = 1, 000 x (1 + 0.05) ¹
FV = 1, 000 x 1.05
FV = 1, 050
Therefore, the future value of the deposit would be $1050 after one year, assuming an interest rate of 5% and annual compounding.
Find out more on future value at https://brainly.com/question/3439654
#SPJ1
what is development
Answers
Answer:
when your slowly growing or developing a new tecnique of something
Explanation:
Which of the following practices of dispensing single-service items prevents contamination?
Answers
The best practices of dispensing single-service items is: To Provide individually wrapped ware.
What is contamination?
Contamination is when something is infected which in turn can cause diseases or foodborne illness.
Hence, The best method on how to dispense single-service items so as to prevents contamination is to provide individually wrapped ware.
Learn more about contamination here:https://brainly.com/question/13754321
#SPJ1
what problems seem to emerge when an organization gets larger
Answers
Answer:
Difficulties with sharing due to the overpopulation
Explanation:
I'll have to investigate fraud once a person notifies them in writing that their information is an accurate
Answers
I'll have to investigate fraud once a person notifies them in writing that their information is an accurate and it does not show on records
How to investigate fraudIf an individual notifies in writing that their information is accurate and there are no indications of fraud, a fraud investigation may not be necessary. Instead, the focus should be on verifying the accuracy of the information and addressing any discrepancies through a verification or reconciliation process.
It is essential to communicate with the individual, update records if necessary, and maintain proper documentation. However, if fraud suspicions arise during the verification process or if the person later reports suspected fraud, a fraud investigation should be initiated following appropriate procedures.
Read more on Fraud here:https://brainly.com/question/23294592
#SPJ1
what is business ?please explain about it
Answers
Answer: business can be defined as an organization dedicated to do commercial and professional activities.
Explanation:
The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.
Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.
The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.
can 1$ be adequate consideration? why or why not?
Answers
Answer:
Yes
Explanation:
a payment of something is the value made in exchange for performance of a contract that is acceptable for a contract to be binding
QUESTION 2 10 poir if an investment account gives 5% interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $271,384 at your account at the end of this investment
Answers
To accumulate $271,384 in 10 years with a 5% annual interest rate, you would need to make annual deposits of $166,599.50.
To calculate the annual deposits needed to accumulate $271,384 in 10 years with a 5% annual interest rate, we can use the formula for future value of an annuity:
FV = PMT x ((\((1 + r)^n - 1) / r)\)
where:
FV = future value of the investment
PMT = annual deposit amount
r = annual interest rate
n = number of periods
In this case, we know that FV = $271,384, r = 0.05 (5% expressed as a decimal), and n = 10 (10 years).
Substituting these values into the formula, we get:
$271,384 = PMT x (((1 + \(0.05)^10 - 1)\)/ 0.05)
Simplifying the equation, we get:
$271,384 = PMT x (1.6289)
Dividing both sides by 1.6289, we get:
PMT = $166,599.50
Learn more about annual deposits here:
https://brainly.com/question/19519209
#SPJ11
What is contribution?
Answers
Hope This Helps, Have A Lovely Day!
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.
Machine A Machine B Machine C
Invoice price paid for asset $20,400 $37,300 $22,100
Installation costs 2,300 2,000 600
Renovation costs prior to use 2,900 2,500 1,700
By the end of the first year, each machine had been operating 5,400 hours.
2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Machine Life Residual Value. Depreciation Method
A 9 years $1,300 Straight-line
B 77,000 hours. 3,300 Units-of-production
C 8 years 3,100 Double-declining-balance
CREATE A JOURNAL ENTRY WORKSHEET
Record the depreciation expense for year 1
Answers
Answer: Debit Depreciation Expense $11,714 Credit Accumulated Depreciation on : Machine A $3,400, Machine B $2,500 Machine C $5,814
Explanation:
your company will need a business plan in order to do what?
A. Increase revenue.
B. Identify an opportunity.
C. Pay taxes.
D. Get funding.
Answers
Answer: D. Get Funding
Explantion: You company will need a business plant in order to get funding because you'd need to present your investors with the future of your business and what it's there to do. I also happened to take the assessment and it was marked correctly.
I hope this helped!
Good luck <3
Your company will need a business plan in order to get funding. Hence, the correct answer is option D.
What is a business plan?A business plan is a formal document that outlines a company's goals, strategies, and projected outcomes. One of the primary reasons for creating a business plan is to secure funding from investors or financial institutions. By presenting a well-written and comprehensive business plan, a company can demonstrate its viability and potential for success, which can increase its chances of obtaining the necessary funding to start or grow the business.
While a business plan can help a company increase revenue and identify opportunities, those outcomes are not the primary purpose of a business plan. Paying taxes is a legal requirement for all companies, but a business plan is not directly related to tax obligations.
Therefore, a company will need a business plan in order to get funding. Hence, the correct answer is option D.
Learn more about business plan, here:
https://brainly.com/question/15826771
#SPJ3
impact of strategy evaluation and control in gaining competitive advantage
Answers
Answer:
Explanation: For the better part of a decade, strategy has been a business buzzword. Top executives ponder strategic objectives and missions. Managers down the line rough out product/market strategies. Functional chiefs lay out “strategies” for everything from R&D to raw-materials sourcing and distributor relations. Mere planning has lost its glamor; the planners have all turned into strategists.
____is the finance planning activities. (A) planning (B)needs (C)budget (D)want
Answers
(C) budget is the finance planning activities.
What is Budget?
A budget is a financial plan that outlines an individual's or organization's expected income and expenses over a certain period. It is an essential tool for managing finances and ensuring that financial resources are allocated properly. Budgets can be created for personal finances, businesses, governments, or other organizations.
Financial planning refers to the process of determining how a business, individual or organization will manage its financial resources to meet its short-term and long-term objectives. It involves identifying financial goals, assessing the current financial situation, and developing a plan to achieve those goals. Financial planning activities may include creating a budget, setting financial targets, creating a savings plan, managing investments, and managing debt.
Learn more about Budget from the given link
https://brainly.com/question/6663636
#SPJ9
Group Assignment: Principle of Macroeconomics (TECO 1123)
Instructions:
• The assignment is assessed in accordance to the rubric provided.
Hence, students should attempt to meet the expectations illustrated as per the rubric when providing their answers.
• Students are encouraged to use economic diagrams to illustrate economics concepts.
• The maximum word for the assignment is 1,200 words, which include tables and captions but exclude footnote, endnote and references.
Total number of words must be specified at the end of the assignment. Over length assignment will be penalized as below:
Assignment Question:
International news article on:
* unemployment during covid
Write a commentary on the news article. The articles must NOT be any older than 1st January 2020.
Your commentary should meet the following requirements:
a. Provide a concise summary of what is reported in the newspaper.
Along with the concise summary, provide an appropriate context or background to the event as well.
b. Make use of all relevant economic theories or economic concepts that are included in the syllabus of Principle of Macroeconomics - TECO 1123 (Check the course plan)
c. The use of diagrams and figures to illustrate economic theories or economic concepts is necessary.
d. Provide a conclusion. You can conclude by providing opinions or suggestions on further improvement or you can make a forecast on how the issue will develop based on the economic theories or concepts that you have employed.
Students are encouraged to cite relevant journal articles in their assignment.
Harvard referencing system should be used to reference their work and citations (if any).
Further information on Harvard referencing can be obtained from the below:
http://libweb.anglia.ac.uk/referencing/harvard.htm
Answers
My commentary is given below:
COVID-19 caused unemployment and disrupted global economies with lockdowns and social distancing.
What is the news article about?In continuation, Unemployment has surged due to pandemic, leading to poverty, social unrest, and strain on welfare systems. The pandemic has emphasized the labor market's significance in the economy, impacting supply and demand and disrupting employment balance.
The pandemic caused lower demand, less spending, reduced production, and more joblessness. Governments worldwide take steps to reduce pandemic impact on economy and employment.
Therefore, The pandemic revealed labor market vulnerability and emphasized the need for policies promoting employment and economic growth.
Learn more about commentary from
https://brainly.com/question/1628321
#SPJ1
True or false “A variable docs t is eventually paid off over time?
Answers
The given statement "A variable docs t is eventually paid off over time" is False. A variable debt, such as a credit card or line of credit, does not necessarily have a fixed repayment period.
The amount owed and the interest rate can fluctuate based on various factors such as changes in the economy or the borrower's credit worthiness. This means that the debt may not be fully paid off over time and could continue to accrue interest and fees.
Additionally, a borrower's financial situation may change over time, making it difficult to make consistent payments towards the debt. Unforeseen circumstances such as job loss or a medical emergency could also impact a borrower's ability to pay off the debt. In these cases, the debt could remain unpaid and potentially even grow larger over time.
It is important for borrowers to carefully manage their variable debts and make timely payments to avoid accruing excessive interest and fees. They may also consider working with a financial advisor or debt management service to create a repayment plan and minimize the impact of variable debt on their overall financial health.
for more such question on variable debt
https://brainly.com/question/17134854
#SPJ11
All of the following nondependent taxpayers are U.S. citizens. Which is/are required to file a 2022 income tax return
Answers
If all of the following nondependent taxpayers are U.S. citizens. The people that is/are required to file a 2022 income tax return is: D. Lloyd (68) and Melanie (66), married filing jointly (MFJ), $28,200 gross income.
What is income tax return?Income tax return can be defined as a form that enables a tax payer to file all data or information that has to do with their income and tax to the appropriate department which is the income tax department.
One of the advantage of tax return is that it enables tax payer to know their tax liability among others.
Based on the information given the people that is required to file a 2022 income tax return will be Lloyd (68) and Melanie (66) whom are married filing jointly (MFJ) and has $28,200 as gross income.
Therefore the correct option is D.
Learn more about income tax return here:https://brainly.com/question/28700285
#SPJ1
The complete question is:
All of the following nondependent taxpayers are U.S. citizens. Who...
All of the following nondependent taxpayers are U.S. citizens. Who is required to file a 2022 income tax return?
Martika (50), single (S), $12,050 gross income.
Loki (67), head of household (HH), $19,750 gross income.
Nick (43) and Mary (49), married filing jointly (MFJ), $24,450 gross income.
Lloyd (68) and Melanie (66), married filing jointly (MFJ), $28,200 gross income.
In Western culture, when you borrow ideas and words from other sources, you must cite them properly. Well-documented data from solid sources will help reinforce your professional credibility. Familiarize yourself with the kinds of materials and sources you need to document in business writing. Also, develop good research habits, and be aware of when and how to use quotations. Complete the following sentence.
It is important to document report data properly in order to:_________
Answers
Answer:
help reinforce your professional credibility.
It is important to document report data properly in order to help reinforce your professional credibility.
What is professional credibility?Esty, honesty, trustworthiness, and other qualities that make you who you are. Your education, experience, performance, and proven professional progress all contribute to your professional reputation.
Professional recognition is crucial because it increases our reputation and fosters confidence among the individuals we work with. Personal qualities that characterize you as a person, such as honesty, integrity, and trustworthiness, make up your personal credibility.
Your education, experience, performance, and clearly established professional job history and progression all contribute to your professional reputation.
Thus, to help reinforce your professional credibility.
For more information about professional credibility, click here:
https://brainly.com/question/28189846
#SPJ2
A corporation reports the following year-end balance sheet data. Calculate the following ratios using the information provided below.
(a) working capital
(b) acid-test ratio
(c) current ratio
(d) debt ratio
(e) equity ratio
(f) debt-to-equity ratio
Cash $ 50,000 Current liabilities $ 64,000
Accounts receivable 35,000 Long-term liabilities 72,000
Inventory 60,000 Common stock 1,00,000
Equipment 140,000 Retained earnings 49,000
Total assets $ 285,000 Total liabilities and equity $ 285,000
Answers
A financial ratio, also known as an accounting ratio, is the difference in magnitude between two specific numbers obtained from the financial accounts of an organization.
What is Financial Ratio ?There are numerous standard ratios that are frequently used in accounting to assess the overall financial health of a firm or other entity.
Given
Cash $ 50,000
Current liabilities $ 64,000
Accounts receivable 35,000
Long-term liabilities 72,000
Inventory 60,000
Common stock 1,00,000
Equipment 140,000
Retained earnings 49,000
Total assets $ 285,000
Total liabilities and equity $ 285,000
(a) working capital = Current Assets - Current Liabilities
\(Current Assets = AR + Cash + Inventory \\ = $ 35000 + 50,000 + 60,000\\ = $ 145,000\\\\Working Capital = CA - CL \\\\ = $ 145,000 - 64,000\\ = $ 81,000\\\)
(b) acid-test ratio = Current Assets - Inventory - Prepaid /Current Liabilities
\(85000/64000 = 1.33:1\\\)
(c) current ratio = Current Assets / Current Liabilities
\(145000/64000 \\= 2.26:1\)
(d) debt ratio = Total Debt / Total Assets
\(72000/285000 \\=0.25:1\)
(e) equity ratio = Total Equity / Total Assets
\(100,000+49,000 / 285,000\\= 149000/285000\\= 0.523: 1\)
(f) debt-to-equity ratio = Debt / Equity
= \(72000/149000\\= 0.48:1\\\)
Learn more about Financial ratio here
https://brainly.com/question/13603285
# SPJ 1
6. Determine the estimated sales if 40 contacts are made. 17. FILE A recent article in Bloomberg Businessweek listed the "Best Small Compa- nies." We are interested in the current results of the companies' sales and earnings. A random sample of 12 companies was selected and the sales and earnings, in millions of dollars, are reported below. Company Papa John's International Applied Innovation Integracare Wall Data Davidson & Associates Chico's FAS X Sales Earnings ($ millions) ($ millions) $89.2 18.6 18.2 71.7 58.6 46.8 $4.9 4.4 1.3 Company Checkmate Electronics Royal Grip M-Wave Serving-N-Slide 8.0 6.6 Daig 4.1 Cobra Golf X M Sales Earnings ($ millions) ($ millions) $17.5 11.9 19.6. 51.2 28.6 69.2 $2.6 1.7 3.5 8.2 6.0 12.8 Let sales be the independent variable and earnings be the dependent variable. a. Draw a scatter diagram. b. Compute the correlation coefficient. c. Determine the regression equation. d. For a small company with $50.0 million in sales, estimate the earnings. orting in several rec
Answers
a The scatter diagram is attached .
b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.
b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.
d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.
How to explain the workingEnter the data into a spreadsheet.
Company Sales (millions of dollars) Earnings (millions of dollars)
Papa John's International 89.2 18.6
Applied Innovation 18.2 4.4
Integracare 71.7 1.3
Wall Data 58.6 4.9
Davidson & Associates 46.8 4.6
Chico's FAS 42.0 2.6
Checkmate Electronics 36.0 2.2
Royal Grip 30.0 1.7
M-Wave 24.0 1.5
Serving-N-Slide 18.0 1.3
Daig 12.0 1.1
Cobra Golf 6.0 0.8
Step 2: Use the "Scatter" function to create a scatter diagram.
The scatter diagram shows that there is a positive linear relationship between sales and earnings.
Use the "Correlation" function to calculate the correlation coefficient.
The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.
Use the "Regression" function to calculate the regression equation.
The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.
Substitute 50 for x in the regression equation to calculate the estimated earnings.
When x = 50, y = 0.09 * 50 + 2.2 = 41.2.
Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.
Learn more about corellation on
https://brainly.com/question/28175782
#SPJ1
Can anyone please write a summery of everything that happened in the Great depression?
Answers
***ECONOMICS***An investment that you bought for ______
and sold for _____
made a profit.
A. $500; $400
B. $400; $500
C. S500; $300
D. $400; $300
Answers
Answer:
B.
Explanation:
you bought it for 400 and sold it for 500 and made 100$ profit