Answer:
B, net income for the year was $1,200,000, average assets were $20 million, ROI was 6%
Explanation:
net income is calculated by multiplying the percentage margin by the sales. We have,
(2 ÷ 100) × $60,000,000
= 0.02 × $60,000,000
= $1,200,000
To calculate the average assets, sales is divided by the turnover.
we have, ($60,000,000 ÷ 3.0)
= $20,000,000.
To calculate the ROI, margin and turnover are multiplied.
we have,
(2% × 3.0) = 6%
Cheers.
Answer: Knowledge management
Explanation: Knowledge management approach focuses on making best use of the knowledge with the intent of achieving organisational objectives. It involves discovering, sharing and harnessing of the intellectual resources that a company holds.
Knowledge management brings improved performance, innovation and competitive advantage to the organisation.
Answer:
<u>(D) inventory obsolescence</u>
Explanation:
- It is known as the phase where the inventory is at the end or final stage of its product cycle. This inventory can be sold or used for the long run and is then not expected or liable to be given or sold in the future by the company.
- As she doesn't know whether the inventory is missing or does not know if it has been broken or stolen, she can note this down and thus can asset for the criteria following the valid integrity testing.
Answer:
a) c. $4.34
b) b. $4.10
Explanation:
a) Find Farewell's diluted earnings per share for 2021.
Use the formula below:
Diluted EPS = (Net income after tax - preferred dividend) / diluted common stock
Diluted EPS = $4.34 per share
b) stock options = 5,000
Value in current shares = 500,000/12 = $4,167
Diluted shares = 5000 - 4167 = 833
Use the formula below to find the diluted earnings per share:
Diluted EPS = Net income/share outstanding
Diluted EPS = $4.10 per share
Answer:
A yard.
Explanation:
It is roughly about the same length as a meter.
