1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nadya [2.5K]
2 years ago
13

Kkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

Business
1 answer:
DedPeter [7]2 years ago
3 0

it is correc tbecuas it is that why it is a

You might be interested in
Income statement data for Huffman Pharmaceuticals are provided below. Income Statements 12/31/201712/31/2016 Sales Revenue$598,0
koban [17]

Answer:

Huffman Pharmaceuticals

The percentage that should be assigned to Gross Profit, using trend analysis, is:

= 42%.

Explanation:

a) Data and Calculations:

Income Statements           12/31/2017         12/31/2016

Sales Revenue                  $598,000          $724,000

Cost of Goods Sold             337,000            427,000

Gross Profit                          261,000            297,000

Operating Expenses            137,000             146,000

Operating Income               124,000              151,000

Other Income (Expense)      60,000              23,000

Income before Tax              184,000             174,000

Income Tax Expense             71,000              76,000

Net Income                         $113,000           $98,000

Income Statements           12/31/2017         12/31/2016

Sales Revenue                  $598,000          $724,000

Cost of Goods Sold             337,000            427,000

Gross Profit                          261,000            297,000

Ratio of Gross profit to

 Sales Revenue

2017 = $261,000/$598,000 * 100 = 43.65% =  44%

2016 = $297,000/$724,000 * 100 = 41%

Average Gross profit ratio for the two years = 42.5% (44 + 41)/2.

b) Huffman's trend analysis is the use of its past financial performance indices to predict its future financial performances.  Past performances are expressed in percentages, forming the basis for predicting and comparing future performances of an entity.

6 0
2 years ago
In comparing the current ratios of two companies, why is it invalid to assume that the company with the higher current ratio is
klio [65]

Answer: I found the options:

A. The current ratio includes assets other than cash.

B. A high current ratio may indicate inadequate inventory on hand.

C. The two companies may define working capital in differentterms.

D. A high current ratio may indicate inefficient use of various assetsand liabilities.

Explanation: The correct answer is "D. A high current ratio may indicate inefficient use of various assets and liabilities."

Is invalid to assume that the company with the higher current ratio is te better company because a high current ratio may indicate inefficient use of various assets and liabilities, That is why it would be convenient to observe other ratios that can help us compare more fully the 2 companies.

4 0
3 years ago
Where I’m an e mail would you find information about the action required ?
Alinara [238K]

Begin with a greeting. Always open your email with a greeting, such as “Dear Lillian”. ...

Thank the recipient. If you are replying to a client's inquiry, you should begin with a line of thanks. ...

State your purpose. ...

Add your closing remarks. ...

End with a closing.

3 0
3 years ago
Read 2 more answers
One characteristic of a run-of-paper (ROP) advertising rate to a newspaper:____.
beks73 [17]

Answer:

a. is that the advertiser has no control over where the ad appears in the newspaper.

Explanation:

Run-of-paper (ROP) is another term for advertisement in the newspaper. The main feature of this type of advertisement is that it costs very low and the ad can be placed anywhere on the paper.

The ad is placed by the editors and publishers where they believe it would be best suited in the paper. This means that the advertisers have no control over where the ads are posted in the paper. The only option the advertisers have is to decide on the size of the ad.

8 0
3 years ago
Which of these savings/investing options has the highest risk
Pavlova-9 [17]

Answer:

STOCKS

Explanation:

US government bond is a government security, therefore the government print more money to pay those who invest in it.

In addition bondholders are creditors of a corporation.

Stockholders, are part owners of a company. In case of bankruptcy, bondholders are given priority.

Savings accounts are protected by the Federal Deposit Insurance Corporation (FDIC) provisions.

Money market accounts are a safe investment because they are insured by the FDIC.

Therefore the investment option that has the highest risk is stocks.

7 0
4 years ago
Other questions:
  • A primary role of​ ________ is to describe how choices are​ made, analyze the results of those​ choices, and advise on how bette
    11·1 answer
  • Knowledge Check 01 Melas Company changed from the LIFO to the FIFO inventory costing method on January 1, Year 3. Inventory valu
    10·1 answer
  • During project executing, a team member comes to the project manager because he is not sure what work he needs to accomplish on
    9·1 answer
  • What questions do you hope to answer about career exploration as you study this course
    11·1 answer
  • In Ricci v. DeStefano, Ricci, a white firefighter, took and passed the City of New Haven firefighter's test, required of all app
    8·1 answer
  • The equipment account had a $36,000 balance at the beginning of the year, and a $30,000 balance at the end of the year. The accu
    15·1 answer
  • Renee's company ranks jobs several times, each time based on different factors. The rankings are then combined to form a numeric
    11·1 answer
  • 10 points Item Skipped eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 7 Assume Organic Ice Cream Compa
    7·1 answer
  • Which 2 statements are true regarding the multicurrency function in quickbooks online?
    7·1 answer
  • consider a firm that produces units of output using capital and labor. due to changes in market conditions, it has decided to re
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!