Answer:
Positive:
-Managing money
-Saves money for other things
Negative:
-May be hard to budget if you need a lot
Hope this helps! These are just what come to mind in my opinion.
Answer:
Its operating expenses were $ 3.588 B
Explanation:
The operating ratio is the ratio of operating expense to the operating or revenue generated.
This ratio is used for comparison of results from the operations of various industries.
Given that the operating ratio of 78% and the operating revenue is $4.6B, the operating expense T may be computed as
78% = T/4.6 * 100%
T = 4.6 *.78
= $3.588 B
Answer:
The value of shareholders' equity is -$300
Explanation:
Shareholders' equity is the corporation's owners' residual claim on assets after debts have been paid.
Total assets= Total liability + shareholders' equity
Shareholders' equity = Total assets - Total liability
Shareholders' equity = $5,800 - $6,100
Shareholders' equity = -$300
Answer:
The common size percentage for the cost of goods sold is 48.05%
Explanation:
The profit margin reflects a company's overall ability to turn income into profit, is calculated by formula:
Profit margin = Net income/Net sales
Delmont movers has a profit margin of 6.2 percent and net income of $48,900
Net sales of the company = Net income/Profit margin = $48,900/6.2% = $788,709.68
The cost of goods sold amounted to $379,000.
The common size percentage for the cost of goods sold = (The cost of goods sold/Net sales) x 100% = ($379,000/$788,709.68) x 100% = 48.05%
