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3 years ago

Hey, I'm reading a book and I want to know what this question mean.

1 answer:

7 0

Answer: if the character had to chose to save himself, or help the friend, if save self, he's a coward and selfish. if go back to help, he is a big- hearted character.

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You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 of your own to invest. you bo

deff fn [24]

Answer:

9.4%

Explanation:

Initial investment=$22,000+$22,000=$44,000

number of shares bought=$44,000/$110(the investor paid $55 out of every $110)

number of shares bought=400

Increase in share in one year=$110*8%=$8.80

loan interest on each share=$55*6.6%=$3.63

rate of return=(increase in share price-loan interest)/initial amount invested

rate of return=($8.80-$3.63)/$55

rate of return=9.4%

5 0

3 years ago

The Benesch Company expects sales in 2018 of 205,000 units of serving trays. Benesch's beginning inventory for 2018 is 18,000

ozzi

Answer:

214,000 trays

Explanation:

Budgeted sales in unit. 205,000

Add: targeted ending inventory 27,000

Total requirements. 232,000

Deduct: beginning inventory (18,000)

Budgeted units to be prod. 214,000

6 0

2 years ago

The income statements for Federer Sports Apparel for 2019 and 2018 are presented below Required Prepare a horizontal analysis fo

nignag [31]

Answer:

FEDERER SPORTS APPAREL

Income Statement For the Years Ended December 31

Years Increase /(Decrease)

2019 2018 Amount %

Net sales 18,800,000 15,500,000 3,300,000 21.29%

Cost of goods sold 13,200,000 7,000,000 6,200,000 88.57%

Gross profit 5,600,000 8,500,000 (2,900,000) -34.12%

Operating expenses 1,600,000 1,200,000 400,000 33.33%

Depreciation expense 1,000,000 1,000,000 0 0

Inventory write-down 200,000 0 200,000 100%

Loss (litigation) 1,500,000 300,000 1,200,000 400%

Net Income $1,300,000 $6,000,000 (4,700,000) 78.33%

Explanation:

a) Federer Sports Apparel can use horizontal analysis as a technique for analyzing the financial statement changes over a period of time. It is a useful tool for Federer to evaluate its trend situations, using the financial statements of two years with the earlier year serving as the base year (or independent variable) while the latter year is the dependent variable.

6 0

3 years ago

Return to questionItem 6Item 6 E8-16 Analyzing and Interpreting Receivables Turnover Ratio and Days to Collect [LO 8-4] FedEx Co

madreJ [45]

Solution and Explanation:

The following formulas will be used in order to calculate the accounts receivable turnover ratio and in order to find out the number of days collect.

Accounts receivable turnover ratio = Net sales divided by Average net Accounts receivable

$=\$ 50,370 /[(\$ 7,250+\$ 5,720) / 2]$

$=\$ 50,370 / \$ 6,485$

= 7.77 times

Days to collect = 365 divided by Accounts receivable turnover ratio

= $365 divided by 7.77

= 47 days

Note: The number of days that has been assumed is 365 days

4 0

3 years ago

The amount of money you can charge to a credit card is called

uranmaximum [27]

It is called deposit.

8 0

3 years ago