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kykrilka [37]
3 years ago
9

In a multi-step Income Statement:

Business
1 answer:
Anastasy [175]3 years ago
7 0

Answer: B.

Explanation: The multi-step income statement is ultimately used in determining Net Income which is calculated by separately determining :

1. Gross profit( Net sales - cost of goods sold)

2. Operating income( Operating expenses - Gross profit)

3. Operating income combined with non - operating revenue, losses, profit and expenses to obtain the net income or loss.

Conclusively, Gross profit(margin) will be calculated separately, which then be used to obtain the operating income.

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Which of the following is the best test of good strategic leadership?A. Whether the company has a good strategy and business mod
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Answer: The correct answer is "D. All of these.".

Explanation: All statements are evidence that indicates the existence of good strategic leadership.

If the company has a strong strategy and a good business model as a result, it will meet its objectives.

If a previously proposed strategy is being fully implemented, it shows that there is good strategic leadership.

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3 years ago
Today, hector is 22 years old than his sister. in five years, he will be 3 times as
san4es73 [151]
In five years his sister will be nine and he will be twenty-seven. currently, she is four. I'm not sure if this is the answer to your question as you did not finish writing it?
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3 years ago
Once Xavier decides that he would like to tackle his own house construction, he begins to get his plans in order. The lot Xavier
sashaice [31]

Answer:

This isnt a ?

Explanation:

but like Once Xavier decides that he would like to tackle his own house construction, he begins to get his plans in order. The lot Xavier purchased many years ago is just perfect for the new, prefabricated house he wants to build for his family. To accomplish this large task, Xavier is going to need to consult with people from all three career clusters that we have considered in this unit—and you’re going to help! This activity will be broken up into two parts, each of which have their own assignment:

Part 1 will ask you to consider aspects of Xavier’s building project and complete math problems that help him make decisions about what to build.

Part 2 will have you take the answers to the math problems you completed in Part 1 and build a Job Board to keep Xavier organized during his construction project.

Let’s walk through this process with Xavier.

8 0
3 years ago
A relatively new clothing company has decided to invest significant amounts of money to sponsor an athletics team. They will be
Vanyuwa [196]
The correct answer is = Brand awareness
6 0
3 years ago
Read 2 more answers
Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca
Flura [38]

Answer:

36%

Explanation:

For the computation of the company's return on equity first we need to follow some steps which is shown below:-

Step 1

Earnings before tax = EBIT - Interest

= $452,000 - $152,000

= $300,000

Step 2

Earnings after interest and taxes = Earnings before tax - Tax

= $300,000 - ($300,000 × 40%)

= $300,000 - $120,000

= $180,000

Step 3

Asset turnover ratio = Total revenue ÷ Total assets

3.6 = $4,000,000 ÷ Total assets

Total assets = $1,111,111.11

Step 4

Equity ratio = 1 - Debt ratio

= 1 - 0.55

= 0.45

Step 5

Total Equity = Equity ratio × Total assets

= 0.45 × $1,111,111.11

= $500,000

and finally

Return on Equity = Net income ÷ Equity

= $180,000 ÷ $500,000

= 0.36

or

= 36%

3 0
4 years ago
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