The best conclusion that can be drawn from the graph is that the number of nonfarm jobs

Accounting is the information system that A. processes information into reports. B. measures business activity. C. communicates

Natalka [10]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Accounting is the activity by which the economic transactions of a company are registered in ledgers that together form a group where information is recorded to be summarized at the end of an accounting period in Financial Statements. That report is useful for top managers since they can make decisions about what the firm should implement or replace to maximize the firm's resource allocation and profits.

8 0

3 years ago

Mayra offers to sell her home to Hanna for "about $100,000 plus closing costs" and has no other comments, provisions, or discuss

Ivanshal [37]

Answer:

The most probable result is that the court will declare the contract invalid and non-binding because the purchase price and important terms regarding the consideration involve are too vague and indefinite.

In order for a contract to be considered valid and binding, consideration must exist and the more precise the terms, the better. Consideration is something of value that both parties exchange. In this case it is a house vs. money, but the price is not specified.

4 0

3 years ago

What is one reason why a business may want to move entirely online?

Brilliant_brown [7]

B. To focus on a global market.

4 0

3 years ago

Read 2 more answers

Which of the following issues can be offered to the public under the 1933 Act?

dedylja [7]

Answer:

Which of the following issues can be offered to the public under the 1933 Act?

1. An exempt security.

2. A security registered under the Act.

Explanation:

The security's act of 1933 was formulated and passed into law in 1933 to protect investors after the stock market crash of 1929. The law had two major objectives; to enable transparency especially in the financial statements so that investors can make decisions after considering all aspects and also to provide regulations against misrepresentation to discourage cases of fraud in the securities markets.

The security's act of 1933 provided legislation on the sale of securities which was initially governed by the state laws. The law required the companies to register with the Securities and Exchange Commission (SEC) for full disclosure to potential investors. The information is provided to SEC and the potential investors in the form of a prospectus and a statement of registration.

The following issues are including in what can be offered to the public under this act, namely;

1. An exempt security.

2. A security registered under the Act.

However, the SEC does not approve a prospectus therefor issue number three is not true.

3 0

3 years ago

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.1 million, gross profit of $9.00 million, EBIT of $

Lera25 [3.4K]

Answer:

The answer is shown below:

Explanation:

The computations are shown below:

1. Gross Profit margin in percentage is

= Gross profit ÷ Net sales × 100

= $9 million ÷ $14.1 million

= 63.83%

2. Net Profit margin percentage

= Net income available to common stockholders ÷ Net sales × 100

= $4.8 million ÷ $14.1 million

= 34.04%

3. Operating Profit margin percentage is

= EBIT ÷ Net sales × 100

= $7.2 million ÷ $14.1 million

= 51.06%

Basic Earning Power in percentage

= EBIT ÷ Total Assets

= $7.2 million ÷ $54.1 million

= 13.31%

Return on assets is

= Net Income ÷ Average Assets

= $4.8 million ÷ $54.1 million

= 8.87%

Return on Equity is

= Net income ÷ common stockholders' equity

= $4.8 million ÷ $22.6 million

= 21.24%

And,

Dividend Payout ratio is

= common stock dividends ÷ net income available to common stockholders

= $2.8 million ÷ $4.8 million

= 58.33%

6 0

3 years ago