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4 years ago

How do u calculate the bill total for the week by summing the daily bill amounts

Business

1 answer:

tino4ka555 [31]4 years ago

3 0

Answer:

Calculating the bill total for the week:

The Sum Function in excel is a very easy mathematical operation to sum the daily bill amounts. In the cell for the sum, you can manually enter the sum function by typing (=sum), then you define the parameters (=sum(C50:I50). One you press the "enter" the result is automatically displayed. This can also be automatically done by pressing the Sum Function on the Ribbon or Alt + =.

Explanation:

In Microsoft Excel, the Sum Function is a mathematical operation or syntax that provides the formula for adding, subtracting, or getting the total numerical content of indicated cells. With the Sum Function of Excel you can add, subtract, multiply, and divide, for example A1 * A4, C20/A2, A4 - A5, and so on.

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The net income as shown on the common-size income statement of Omega industries for the past three years increased from 3% to 6%

vlada-n [284]

Answer:

See explanation section

Explanation:

Req. A & B

If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.

EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.

Req. C, D & E

In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.

A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-

since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%

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4 years ago

Howard Enterprises, which has three departments, recently reported the following results: A B C Sales revenue $ 12,000 $ 48,000

almond37 [142]

Answer:

Department C should be closed

Explanation:

To determine whether or not it will be profitable to drop a loss making department, we compare the savings in fixed cost to the lost contribution from the division.

For Howard Enterprises, the department with a negative contribution should be closed otherwise its operation would reduce the overall profit by the amount of the negative contribution.

So lets work out the contribution for each department by adding back the apportioned fixed cost. See table below

A B C

$ $ $ Total

Sales Revenue 12,000 48,000 40,000 100,000

Operating cost 11,400 59,800 50,500

Operating income 600 (11,800) (10,500)

*Add back apportioned fixed cost 3,000 12,000 10,000

Contribution 3,600 200 (500)

*Apportioned fixed cost

A- 12,000/100,000× 25,000 = 3,000

B- 48,000/100000 × 25,000 = 12,000

C- 40,000/100,00×25,000 = 10,000

From the above analysis, Department C generates a negative contribution. It implies that it can barely cover its direct cost and so will deplete the total profit by its negative contribution. Hence, it should be closed

Department C should be closed

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3 years ago

Which statement is a consequence of objectivism? Group of answer choices Moral rules apply in all cases, without exceptions. Whe

lisov135 [29]

Answer:

B. Whether an action is objectively right depends on its consequences

Explanation:

Ayn Rand developed the theory of Objectivism. Objectivism according to her is the philosophical idea, that every thing people do, be it the pursuit of education or financial security is done simply for the purpose of preserving the human life. This theory promotes selfishness over altruism. It also advocates realism. Every other thing people do is supposed to conform to that which is the fact.

This theory also opines that if our philosophy of life is correct or right, then we would be successful. But if our philosophy of life is wrong, then the consequences would be inimical.

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3 years ago

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Sergeu [11.5K]

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3 years ago

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Nezavi [6.7K]

Answer:

Explanation:

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3 years ago