True or False. Since grant proposals need to be short, budget and personnel information should not be included.

Financial data for Stirling Inc. for last year are as follows:

Tom [10]

Answer:

profit margin: 6.04%

Assets turnover: 2.08

ROI 25.89%

Residual Income 137,330

Explanation:

profit margin:

income/sales = 326,480/5,404,000 = 0.060414507 = 6.0414507%

Assets turnover:

$\frac{net \: sales}{average \: assets} \\\\where:\\average \: assets = \frac{ending + beginning}{2}$

(2,561,000 + 2,629,000)/2 = 2,595,000 average assets

5,404,000/2,595,000 = 2.082466281 Assets TO

ROI

$\frac{net \: income}{average \: equity} \\\\where:\\average \: equity= \frac{ending + beginning}{2}$

(1,206,000+1,316,000)/2 = 1,261,000 average equity

326,480/1,261,000 = 25.890563%

Residual Income:

current income - income at desired RoR

That means calculate which income generates a ROI of 15% which is the minimum required return:

ROI = income / equity = 0.15

X/1,261,000 = 0.15

X=1,261,000 x 0.15 = 189,150

Now we calculate the diference between this number and the current income.

326,480 - 189,150 = 137,330 Residual Income

8 0

2 years ago

In 2018, X Company sold 6,800 units of its only product for $36.10 each. Unit costs were as follows: Variable manufacturing $14.

Eddi Din [679]

Answer The correct answer is 8.317 units

Explanation:

Firstly, calculate the Total fixed costs= ($2.35+$2.63)*6800= $33.864 Fixed Manufacturing and Selling cost

Secondly, calculate the earnings before taxes 63.000/(1-tax rate) = 63.000(/1-0.39)= 103.278.69

Then, Calculate the Revenue less fixed cost 103.278.69+33.864=137.142,68

Then calculate the Variable margin that is equal to ( Price of sales per unit – Variable manufacturing – Variable selling) = (36.10-14.50-5.11)= 16.49

Finally divide the revenue less fixed cost on the variable margin (137.142,68/16.49) = 8316.72

Units Price Total

Revenue 8,316.72 36.10 300,233.54

Fixed Manufacturing (15,980.00)

Variable manufacturing 8,316.72 14.50 (120,592.42)

Fixed Selling (17,884.00)

Variable Selling 8,316.72 5.11 (42,498.43)

Net Revenue 103,278.69

Tax rate 39% (40,278.69)

Total 63,000.00

7 0

3 years ago

Sarah is delivering a presentation on time management in the workplace. Each slide consists of not more than four to five points

svetlana [45]

In PowerPoint, you can use the speaker note section to make notes to yourself of things you want to be sure and say during your talk. The audience will not see these notes, they are only on the presenters screen (if the presentation is configured properly).

4 0

2 years ago

Apple hosts a large number of forums, which become customers' primary source of product information after warranties expire and

ser-zykov [4K]

Answer:

D. online communities

Explanation:

-Social networks are sites where people can share information and communicate.

-Microblogs are a type of online blog that has short entries.

-Niche networks are networks that focus on a specific group of people.

-Online communities are groups of people that interact on the internet through forums, chat rooms to get information about specific topics.

According to this, these forums are an example of online communities.

4 0

3 years ago

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $703,938 and Allo

JulijaS [17]

The net realizable value of accounts receivable is $684,204

Explanation:

To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.

accounts receivable = $703,938

doubtful-accounts = $19,734.

the net realizable value of accounts receivable =

accounts receivable ± doubtful-accounts

Therefore, the net realizable value of accounts receivable is $684,204

7 0

2 years ago