Answer:
a. Profit margin of store = 1.5%
a. Profit margin of child is $3 because store is making 1.5% profit margin.
b.Return on equity ( store) = 9%
Explanation:
As we know that: Profit margin= (Operating income / Revenue ) * 100
= 10.2 / 680 * 100
= 1.5% ( Store)
Profit margin (child) =
ROE=?
Accounting equation: Assets = liabilities + equity
380- 270 = Equity
Equity = $110 (million)
As we know that: Return on equity = Net income / Shareholder equity
= 10.2 / 110
= .09 or 9%
The acid test ratio for the firm as on 31st December 2019 will be 0.85 as per the information contained under the balance sheet.
<h3>What is acid-test ratio?</h3>
The ratio, which is derived by the division of the current assets less inventories with the current liabilities of the firm, is known as the acid-test or quick ratio.
Using the formula and given information, the acid-test ratio will be computed as,
Hence, the acid-test ratio is as computed above.
Learn more about acid-test ratio here:
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Answer:
An unlimited life spam
Explanation:
If your firm has an existence independent, it will continue to exist indefinitely unless it is legally disbanded. Limited liability prevents you from being held personally liable for their company's obligations or legal judgements. Shareholders were protected from legal responsibilities and debts by corporate entities.
Correct answer is:
“Search Network only – All features”
Explanation: Ads in a Search Network campaign appear near Google search results and other Google sites when people search for terms that are relevant to your ad’s keywords.Ads are matched to search results pages based on the terms or phrases someone searches. Search Network campaigns are usually focused on getting people to take action such as clicking your ad or calling your business.
I believe the answer would be B. Telecommuting. Hope this helps!
