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weqwewe [10]
3 years ago
14

Results from Nedlog Company are as follows: Operating Income $8486 Total Assets $15262 Current Liabilities $3869 Sales $34655 Ta

rget Rate of Return (Cost of Capital) 15% Calculate Sales Margin. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.
Business
1 answer:
kotegsom [21]3 years ago
6 0

Answer:

sales margin = 24.4%

Explanation:

given details:

Operating Income -  $8486

Total Assets-$15262

Current Liabilities-  $3869

Sales-$34655

we know that sales margin is given as

Sales Margin = \frac{operating\ Income}{Sales}

where,

operating income is $8486

sales - $34655

putting all value in the formula to get sales margin value

sale margin = \frac{8486}{34655}

sales margin = 0.244

sales margin = 24.4%

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Angelina_Jolie [31]

Answer:

Closing retained earning is $414,540

Explanation:

The Retained Earnings figure can be calculated using the following equation:

Closing Retained Earnings = Opening Retained Earnings + (Sales - Expenses - Dividends)

Here

Opening balance of Retained Earning is $397,620

Revenues is $56,400

Expenses are $33,840

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The purchased equipment is not considered here because it is increase in asset not an increase or decrease in revenue or expenses. So it is not considered here.

So by putting values, we have:

Closing Retained Earnings = $397,620 + ($56,400 - $33,840 - $5,640)

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3 years ago
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Answer:

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Digital enterprise, inc., promises to pay its employees a year-end bonus "if profits continue to be high and management agrees a
Ganezh [65]

Year end bonuses could be paid only if the business is doing good. The profit margin has to be high in order to give bonuses.

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3 years ago
When quanity demanded is completely responsive to price, what is the value of price
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Answer:

The value of price will be exactly what demand is willing to pay, without possibility of change.

Explanation:

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