Answer:
the operating margin is 5.4%
Explanation:
The computation of the operating margin is shown below:
As we know that
Operating Margin = Operating Income ÷ Sales
= $31.3 ÷ $578.3
= 5.4%
Hence, the operating margin is 5.4%
It could be determined by dividing the operating income from the sales
The three functions of business which MIS infrastructure supports includes;
1. Support information change.
2. Business continuity planning.
3. Change.
MIS means that Management Information System. There are MIS infrastructure components which are sustainable.
For example, Virtualization, Grid computing, and cloud computing.
Answer:
d. net income for the year will be overstated.
Explanation:
The prepaid rent account is used to record the amount paid in advance for rent. Once the amount is paid, the entries required are
Debit Prepaid rent
Credit Cash account
On subsequent use of the rent, the required entries are
Debit Rent expense
Credit Prepaid rent
As such where at the end of the fiscal year, the usual adjusting entry to update Prepaid Rent for the portion of the benefit that was used up / expired was accidentally omitted, net income for the year will be overstated as the rent expense that would have been posted to reduce it would have been omitted.
Answer:
The cash award will be equal;l to $444422.01
Explanation:
We have given amount invested P = $440000
Rate of interest r = 8.3%
Time t = 1 year
As the amount is compounded on daily basis
We know that 1 year = 365 days
So rate of interest 
%
Time period n = 365
We know that final amount is equal to 
So 
$
So the cash award will be equal;l to $444422.01
