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3 years ago

What is the majority of food made from

Business

2 answers:

Mariana [72]3 years ago

7 0

Answer:

Corn

Explanation:

abruzzese [7]3 years ago

4 0

If your talking about where from it is China if your talking about what is made of it is food ingredients

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Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a

DerKrebs [107]

Answer:

d. 2.24%

Explanation:

total annual sales = $3,600,000

fixed asset turnover = total sales / fixed assets = 4, that means that total fixed assets = $3,600,000 / 4 = $900,000

debt = 50% = $450,000

equity = 50% = $450,000

EBIT = $150,000

net income = $150,000 x (1 - 40%) = $90,000

restricted policy:

asset turnover = 2.5

sales = $3,600,000 x (1 - 15%) = $3,060,000

EBIT = $135,000

net income = $81,000

assets = $3,060,000 / 2.5 = $1,224,000

equity = $1,224,000 x 50% = $612,000

ROE = $81,000 / $612,000 = 13.24%

relaxed policy:

asset turnover = 2.2

EBIT = $150,000

net income = $90,000

assets = $3,600,000 / 2.2 = $1,636,364

equity = 50% x $1,636,364 = $818,182

ROE = $90,000 / $818,182 = 11%

difference between ROEs = 13.24% - 11% = 2.24%

8 0

3 years ago

Starbooks Corporation provides an online bookstore for electronic books. The following is a simplified list of accounts and amou

valentina_108 [34]

Answer:

The journal entries required as at 30 September,2015 as well as the post-closing trial balance are hereby attached.

Explanation:

In preparing the journal entries, the golden rule of double of entry which opined that for every debit there must a corresponding credit and versa.

This implies each transaction event has two impacts in the books of accounts,as a result,both must be shown to ensure proper of keeping records and smooth accounting processes.

Download xlsx

4 0

3 years ago

How has the Internet dramatically reduced search costs?a. by making the shopping experience more funb. by eliminating the need t

ArbitrLikvidat [17]

Answer: Option (b) is correct.

Explanation:

Correct : by eliminating the need to travel to stores to shop.

Internet literally reduced the search cost by saving the travel time of the consumers to the shopping stores. Now days, almost all the consumers prefer to buy products online instead of travelling here and there for the products.

Buying products from the stores involves certain costs such as travelling cost, waste of time, miscellaneous,etc.

Hence, internet facility helps in reducing these kind of costs, that's why in today's world mostly people rely more on internet for shopping and all instead travelling to the stores.

7 0

3 years ago

George Washburn had earnings from his salary of $40,000, interest on savings of $1,150, a contribution to a traditional individu

guapka [62]

Answer:

$40,330

Explanation:

Data provided in the question:

Earnings from salary = $40,000

Interest on savings = $1,150

Contribution to a traditional individual retirement account = $1,200

Dividends from mutual funds = $380

Now,

The George's adjusted gross income would be

= Salary + Interest on savings + Dividends from mutual funds - Contribution

= $40,000 + $1,150 + $380 - $1,200

= $40,330

8 0

3 years ago

A product has a contribution margin of $2.50 per unit and a selling price of $25 per unit. Fixed costs are $20,000. Assuming new

Evgesh-ka [11]

Answer:

A. 9,000 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed cost) ÷ (Contribution margin per unit)

where,

New Fixed costs = $20,000 + $13,750 = $33,750

And, the contribution margin per unit would be

= $2.50 + $2.50 × 50%

= $2.50 + $1.25

= $3.75

Now put these values to the above formula

So, the units would be equal to

= $33,750 ÷ $3.75

= 9,000 units

7 0

3 years ago