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Gelneren [198K]
3 years ago
13

A company that makes baseball caps is underutilizing its resources. what does this mean?

Business
2 answers:
mr_godi [17]3 years ago
4 0

Answer:

The answer is C

Explanation:

Schach [20]3 years ago
3 0
A company that makes baseball caps is underutilizing its resources <span>means that the company is producing fewer caps than it could be. Because it is underutilizing the resources it means that it does not use the resources efficiently and does not get the maximum. In order to have best production the company must use the resources at its optimum level. Correct answer:D </span>
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YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 201
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Answer:

$23.6 per share

Explanation:

Given that,

Total common equity = $5,500,000

Shares outstanding = 250,000

Net income = $525,000

Dividends paid out = $125,000

Total value at the end:

= Total common equity + Net income - Dividends paid out

= $5,500,000 + $525,000 - $125,000

= $5,900,000

Therefore,

Book value per share at 2014 year end:

= Total value at the end ÷ No. of shares outstanding

= $5,900,000 ÷ 250,000

= $23.6 per share

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Michael Burda of Humboldt University in Germany and Daniel Hamermesh of the University of Texas examined how workers in the Unit
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3 years ago
Pressure from consumer groups is encouraging some producers to develop more ______________ products. deficient. desirable. accep
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Formulating Financial Statements from Raw Data
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Solution:

General Mills, Inc., Income statement for year ended May 25, 2003

Particulars                                               Millions $

Revenue                                                $10,506

Less Cost of goods sold                       - 6,109

                                                            ----------------

Gross profit                                            4,397

                                                            ----------------

Less operating expenses                     - 3,480

                                                            -----------------

                                                                  917

                                                             -----------------

Balance sheet May 25, 2003

Assets             Million $            Liabilities                             Million $

Cash                  703                 Total Liabilities                      13,752

Non cash           17,524            Stockholders' equity              4,475

Total assets       18,227             Total Liabilities & equity       18,227

Statement for cash flows for year ended May 25, 2003

            Particulars                                                     Million $

    Cash from operating activities                                 1,631

    Cash from financing activities                                 - 885

    Cash from investing activities                                 - 1,018

                                                                                    --------------

   Net change in cash                                                      -272

                                                                                    ----------------

   Cash, beginning year                                                   975

                                                                                     -----------------

                                                                                           703

A negative amount for cash from financing activities reflects the reduction of long term debt

                   Profit margin = ( Net income / Revenue ) * 100

                                         = ( 917 / 10,506 ) * 100

                                         = 8.72%

                   Asset turnover = Revenue / total assets

                                             = 10,506 / 18, 227

                                             = 0.57

                  Return on assets =( Net income / Total assets ) * 100

                                                = ( 917 / 18, 227 ) *100

                                                = 5.03%

                  Return of equity = ( Net income / Total shareholder equity )*100

                                               = ( 917 / 4,475 ) *100

                                               = 20.49%

4 0
3 years ago
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