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omeli [17]
3 years ago
11

Financial information is presented below:

Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Answer:

Net Income  $21,000

Net Sales  $140,000

Operating Margin ratio = 14%

Explanation:

Net Income is calculated by subtracting operating expenses from gross income.

Net is is calculated by adjusting contra sales account balance is sales value+

Profit Margin ratio is the ratio of net profit to sales value.

                                                          $

Sales Revenue                             150,000

Sales Discount                             (3,000)

Sales returns and allowances     <u>(7,000)</u>

Net Sales                                      140,000

Cost of Goods sold                      <u>(91,000)</u>

Gross Income                                49,000

Operating Expenses                    <u>(28,000)</u>

Operating / Net Income                21,000

In the absence of interest expenses and tax rate operating income is considered as net income.

Operating Margin = ( $21,000 / $150,000 ) x 100 = 14%

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tia_tia [17]

Answer:

b. The most likely explanation for an inverted yield curve is that investors expect inflation to decrease

Explanation:

I have attached an image which plots the behavivour of a yield curve and inflation in a same period. As you can observe, there is an indirect relation between boths curves.

8 0
3 years ago
When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf
mash [69]

Answer:

The net worth (owners' equity) for this business is $2.2 million

Explanation:

Net worth: It is also known as owner's equity which is a difference between total assets and total assets.

In this question, we use the accounting equation which is used to balance the debit and credit side of the balance sheet items.

So, the accounting equation is

Total Assets = Total Liabilities + Owner's Equity

where,

Company assets are $3.5 million

And, liabilities is $1.3 million

Now, apply the above equation to find out the value of the owner's equity

So, owner equity would be equals to

= $3.5 million - $1.3 million

= $2.2 million

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3 0
3 years ago
The workers are openly hostile to Scott when he enters the meeting. Which barrier to communication does the workers’ actions rep
Kruka [31]

Answer:

(e) defensiveness

Explanation:

The best option amongst all is defensiveness.

The workers action could also be understood as defensiveness. Hostility or having an unfriendly attitude is a major barrier in communication especially in organizations.

The workers were not open minded and lacked respect to listen to what Scott would have said at the meeting.

Other barriers to communication includes, Emotions, Cultural Barriers etc.

5 0
3 years ago
According to the efficient market theory, A. prices of actively traded stocks can only be under-valued in an efficient market B.
Otrada [13]

Answer:

The correct answer to the following question will be Option D.

Explanation:

  • The theory or hypothesis that even as soon as it arrives, all institutional investors obtain as well as act on most of the necessary information or data. Even if this was purely real, there would have been no stronger investing strategy than just a coin flip.
  • As per this principle, the dynamically trading share prices in such a competitive market don't vary from actual measured value or beliefs.

The other choices have no relation to the given circumstance. So choice D is the correct answer to the above.

7 0
3 years ago
Supply is more elastic over long periods than over short periods because:_____.
Vikki [24]

Answer:

A

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

Price elasticity of supply = percentage change in quantity supplied / percentage change in price

If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.  

Supply is inelastic if a small change in price has little or no effect on quantity supplied. The absolute value of elasticity would be less than one

The short run is a period where all  factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down

The long run is a period where all factors of production are varied. It is known as the planning time for a company

Supply is more elastic in the long run than in the short run because the producer can make adjustments in the long run

3 0
3 years ago
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