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Anna35 [415]
3 years ago
7

TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin

e has focused on hotel bookings. The following amounts were reported by the two companies in 2015. (in millions) Net Income Total Assets Total Liabilities Total Revenues TravelLite $ 1,080 $ 9,010 $ 6,400 $ 6,430 FareLine 3,020 8,490 4,270 7,660 Required: Calculate each company’s net profit margin expressed as a percent. (Round your answers to 1 decimal place.)
Business
1 answer:
DENIUS [597]3 years ago
6 0

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

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A company has issued 100,000 options of which 50,000 are "in the money at an average exercise price of $15.00. The Company’s sto
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Answer:

20,000 shares

Explanation:

The computation of given question is shown below:-

Dilutive number of shares:-

Proceeds from the options issue = 50,000 × $15

= $750,000

Shares issued = 50,000

Treasury shares purchased from proceeds of the options

= ($750,000 ÷ $25)

= 30,000

Dilutive number of shares outstanding = Shares issued - Shares purchased back

50,000 - 30,000

= 20,000 shares

8 0
3 years ago
The distinction between a normal and an inferior good is A. when income​ increases, demand for a normal good increases while dem
alexdok [17]

Answer:

The correct answer is option A.

Explanation:

Normal goods have positive income elasticity, so when there is an increase in the income of the consumer, the quantity demanded of the normal goods will increase.

On the other hand, the inferior goods have a negative income elasticity. So when the income of the consumer increases the demand for inferior goods decline. This is because as income increases, the consumers will prefer normal goods.

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3 years ago
The _____ principle holds that when industrial activity poses a risk, even if the threat is as yet poorly understood, prudence c
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<span>It is a precautionary principle when industrial activity poses a risk, even if the threat is as yet poorly understood, prudence calls for restraint. set of methods and procedures for aligning corporate strategies, policies, and operations with principles that protect ecosystems. </span>

4 0
3 years ago
O'Neill, Incorporated's income statement for the most recent month is given below. The marketing department believes that a prom
Nesterboy [21]

Answer:

$1,800

Explanation:

Here Decrease or increase can be calculated as under:

Increase in Revenue                                                           $15,000

Increase in Variable Cost (72k / 100k * $15,000)             ($10,800)

Increase in Promotional Cost                                           <u>  ($6,000)  </u>

Net Operating Income Decrease                                        ($1,800)

Hence the decrease in Net Operating Income would be by $1,800.

Note: As the complete question is not provided and is not found online, almost similar question was picked from the internet. So make sure you account for of the differences.

The Numerical section of the question is given as under:

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3 years ago
You are shopping for a new car. You find the perfect vehicle and are now applying for a loan from your local bank. Unfortunately
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The liability faced by the credit agency for its incorrect reporting of your credit history is that  your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees.

<h3><u>What is liability?</u></h3>
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  • Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, accounts payable, mortgages, deferred income, bonds, warranties, and accumulated expenses.
  • Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed.
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Under the Fair Credit Reporting Act, your damages are not $5,000 only. It is also not actual damages plus or $3,000 plus the attorney's fees.

Know more about liability with the help of the given link:

brainly.com/question/15006644

#SPJ4

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