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svp [43]
3 years ago
14

Calculate the growth rate of the company's EBIT from 2005 to 2006:2005:Sales:15,000,000COGS:12,000,000SG&A:500,000Interest E

xpense: 100,0002006:Sales:20,000,000COGS:16,000,000SG&A:1,000,0000Interest Expense: 100,000A) 12.5%B) 20.0%C) 50%D) 33.3%E) 20.83%
Business
1 answer:
Y_Kistochka [10]3 years ago
3 0

Answer:

B) 20.0%

Explanation:

2005:

Sales:                    15,000,000

COGS:                  (12,000,000)

SG&A:                   <u>(500,000)</u>

EBIT                      2,500,000

2006:

Sales:                    20,000,000

COGS:                  (16,000,000)

SG&A:                  <u>(1,000,0000) </u>

EBIT                      3,000,000

Growth rate = ((3,000,000 - 2,500,000) / 2,500,000 ) x 100 = (500,000 / 2,500,000 ) x 100 = 20%

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Initial assessment methods stand for the starting ways through a candidate or an applicant is screened and shortlisted by the organization which includes ways like- application blanks, biographical information, and reference and background check. These three initial assessment methods are similar to each other in a way that when an organization starts its selection procedure, it reviews the applications of the candidates who all have applied for the particular position in the organization; after the screening and verification of the application form, the organization checks the biographical information of the candidate which becomes a part of application form; and finally the organization conducts a reference and background check to ensure that the candidate has given complete and true information and has not been involve din criminal or unethical actions in his past.

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