Answer:
c. $1.63
Explanation:
We have to calculate the asset turnover which is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
where,
Sales revenue = $5,500
The net working capital = Current assets - current liabilities
$440 = Current asset - $750
So, the current asset = $750 + $440
= $1,190
And, the total asset equal to
= Fixed asset + current asset
= $2,186 + $1,190
= $3,376
Now the total asset turnover equal to
= $5,500 ÷ $3,376
= 1.63
An investor gets paid a dividend. An ownership stake in the company gives the investor (owner) the right to a portion of the company's earnings. This payout of a share of profits of a business to the owners is called a dividend.
The Retained Earnings account has no money in it. Retained Earnings represent the business's commitments to its stockholders. It is the number of past earnings that have not been paid out to owners.
<h3><u>Retained Earnings: What Are They?</u></h3>
After deducting dividend payments, a company's retained earnings are its total net earnings or profits. The term "retained" refers to a crucial idea in accounting that describes how earnings were held by the corporation rather than distributed to shareholders as dividends.
Because of this, retained earnings go down when a business experiences a loss or pays dividends and go up when new profits are generated.
<u>What are the retained earnings calculation and formula?</u>
RE = BP + Net Income (or Loss) - C - S, where:
BP = Starting Period RE
C = Cash dividends
S = stock dividends.
Learn more about creditors and investors with the help of the given link:
brainly.com/question/17364419
#SPJ4
Answer:
C
Explanation:
Mandatory or discretiinary
A mandatory dependency is one that must happen at a particular time. It is usually requirement of some kind based on contracts, laws, company procedures, physical limitations, etc. When the sequence of events is developed for various aspects of the process, mandatory dependencies are placed where they must happen.
A discretionary dependency is one that isn't based on a must, but on a should. These decisions are usually based upon best practices, business knowledge, preferences etc.When the sequence of events is developed they are placed where the team members would like them to occur
Answer:
The investor profit will be $85
Explanation:
Kindly check attached picture for detailed calculation
Answer:
B. Gross profit decreased from 28.6% to 26.5%
Explanation:
As for the provided information, we have
Particulars Year 2016 Year 2015
Sales $38,537 $47,011
Cost of goods sold $28,309 $33,546
Gross Profit $10,228 $13,465
Gross profit as a percentage of sales shall be:
Year 2016 = 
Year 2015 = 
As the percentage is higher of 2015 by 0.1%
The statement B which states that the gross profit has reduced is correct.
