This problem needs a Balance Sheet. Ratios are computed based on Balance Sheet, Income Statement, and Statement of Cash flows.
I'll just give out the formula needed to solve for each question.
Current ratio = Current Assets / Current Liabilities
* These figures are found in the Balance Sheet.
Quick ratio = (Cash + Marketable Securities + Accounts Receivable) ÷ <span> Current Liabilities
* These figures are found in the Balance Sheet
</span><span>Inventory turnover ratio = Cost of goods sold / Average Inventory
Inventory turnover ratio = 1,400,000 / Average Inventory
Receivables turnover = Net Credit Sales / Average Accounts Receivable
Assuming Sales is all on account,
Receivables turnover = 2,000,000 / Average Accounts Receivable
Total asset turnover = Net Sales / Total Assets
Assuming Sales is all net of sales returns and discounts,
Total asset turnover = 2,000,000 / Total Assets
Times interest earned (TIE) = Income before Interest and Taxes / Interest Expense
Times interest earned = 370,000 / 50,000 = 7.4 times
Total debt ratio = Total Liabilities / Total Assets
Return on equity (ROE) = Net Income / Shareholders Equity
Return on equity = 240,000 / Shareholders' Equity
Return on assets (ROA) = Net Income / Total Assets
Return on assets = 240,000 / Total Assets
Market-to-book ratio = Share Price / Net book value per share
Market-to-book ratio = 41.40 / Net book value per share
Price-to-earnings (P/E) ratio = Market Value per share / Earnings per share
</span><span>Price-to-earnings ration = 41.40 / 2.40 = 17.25
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Answer: pay-for-knowledge
Explanation:
Pay-for-knowledge is a form of payment system whereby increase in ones wage or salary pay are linked to when the person has successful completed a training.
Pay-for-knowledge is a high performance work practices due to the fact that it brings about employee development and skill formation. This is the payment method which has been set aside for Jason in the question above
Answer:
40$
Explanation:
Each cheesecake is being sold for 8$, Austin is buying 5 for 80$
5 cheesecakes ×8$ = 40
Austin is giving 80$ for the 5 cheesecakes which total 40$ ( 80-40) = 40$ is his consumer surplus.
Answer: Niche marketing.
Explanation:
Niche marketing involves a business aiming a product at a particular, often very small, segment of the market.
It anticipates consumers' needs and wants and can be clearly identified. It can be a local or small national market.
Answer:
Equipment 716,072.53 debit
Lease payable 716,072.53 credit
interest expense 64,446.53 debit
lease payable 64,446.53 credit
Explanation:
We record the lease payment present value:
C 100,000.00
time 12
rate 0.09
PV $716,072.5277
Now we solve for the interest accrued during the year
716,072.53 x 0.09 = 64.446,53