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4 years ago

Supply curves are created when the data from a

Business

1 answer:

LiRa [457]4 years ago

6 0

Supply curves are created when the data from a supply schedule is graphed. The correct answer is C.

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Last year Oliver Inc had a total assets turnover of 1.60 and an equity multiplier of 1.85. Its sales were $200,000 and its net i

schepotkina [342]

Answer:

7.4%

Explanation:

As we know that

ROE = Profit margin × Total asset turnover × Equity multiplier

where,

Profit margin = (Net income ÷ Sales) × 100

= ($10,000 ÷ $200,000) × 100

= 5%

So, the ROE would be

= 5% × 1.60 × 1.85

= 14.8%

Now if the net income is increased by $5,000

So, the updated profit margin would be

= (Net income ÷ Sales) × 100

= ($15,000 ÷ $200,000) × 100

= 7.5%

And updated ROE would be

= 7.5% × 1.60 × 1.85

= 22.2%

So, the change in ROE would be

= 22.2% - 14.8%

= 7.4%

4 0

4 years ago

Analyzing and Computing Accrued Warranty Liability and Expense Waymire Company sells a motor that carries a 60-day unconditional

Elenna [48]

Answer:

the warranty expense reported is $138,000

Explanation:

a. The computation of the warranty expense that should be reported in its current period income statement is shown below:

= Given percentage × units sold × repair average cost

= 2% × 69,000 units × $100 per units

= $138,000

Hence, the warranty expense reported is $138,000

8 0

3 years ago

How did laissez faire economics promote industrialization wikipedia?

UNO [17]

Laissez-faire economics helped the country industrialize. Supporters of Laissez-faire believe that government should not interfere in the economy other than <span>protect property rights and maintain peace.</span>

7 0

3 years ago

Volume(units) Series 1 Series 2 Series 3 Series 40 $450 $0 $800 $100100 450 800 800 105200 450 1,600 800 120300 450 2,400 1,600

elena55 [62]

Answer: Please refer to Explanation

Explanation:

To make your question clearer, I have attached a table that demarcates the figures.

Series 1 are FIXED COSTS. Fixed costs do not change over the production process and are not dependent on the level of production. Even if you were not producing anything you would still be accruing fixed costs. Notice how the cost stays at $450 throughout even when no production was being done. It is a fixed cost.

Series 2 is a VARIABLE COST. Variable costs change as production takes place. They rise as more goods are produced and usually do so at a steady rate. Variable costs are not incurred when production is not going on. Notice in Series 2 how there was no cost at 0 units but as soon as production started the costs started increasing at a steady rate of 800 per hundred units.

Series 3 is what we call STEP-WISE COST. It gets it's name from the fact that it looks like a step when graphed. Why?

These costs stay stable for a certain amount of production and then change depending on if production increases or decreases. Notice how from 0 units to 200 units it stayed the same and then increased and stayed the same again.

I have attached a sample of step wise costs.

Series 4 is what we call CURVILINEAR COST. They are the confused guys so to speak because they increase at an irregular rate as production rises. Notice how it increased by 5 and then by 15 and then by 25. Irregular rate rise. I have also attached a sample of this when it is graphed.

Thanks all I have for today. Thank you for coming to my Ted Talk. If you need any clarification do comment.

8 0

4 years ago

Your client's investment portfolio is 50% growth stocks, 10% foreign stocks, and 40% blue-chip stocks. If the client is interest

Vlad [161]

Your client's investment portfolio is 50% growth stocks, 10% foreign stocks and 40% blue chip stocks. If the client is interested in further diversification which mutual fund would best meet that goal? Aggressive growth fund. Emerging market fund.

3 0

4 years ago