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I am Lyosha [343]
3 years ago
12

You invested $5,000 in the Cog corporation and $5,000 in the Gear corporation. Both of these corporations have $100 million in t

otal assets. The Cog corporation had a net profit of $5 million and the Gear corporation had a net profit of $10 million. You read their annual reports and both companies had established a goal of having a net profit equal to 15% of total assets?(a) Cog is more effective than Gear.
(b) Cog is more efficient than Gear.
(c) Gear is more effective than Cog.
(d) Gear is more efficient than Cog.
(e) Cannot tell without more information.
Business
2 answers:
GREYUIT [131]3 years ago
6 0

Answer:

D) Gear is more efficient than Cog.

Explanation:

Both corporations established a very optimistic goal regarding net profits over total assets (15%) but neither of them was able to achieve it. Gear was closest to achieving its goal, its net profits were equal to 10% of its total assets, while Cog's profits represent only 5% of its total assets.

So we can conclude that none of them could effectively achieve its goal, but Gear was closest to doing so, therefore, it was more efficient than Cog.

elena-14-01-66 [18.8K]3 years ago
5 0

Answer:

(d) Gear is more efficient than Cog.

Explanation:

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Explanation:

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The advise that'll be given to Patagonia to omit from consideration in crafting a strategy to enhance future profits in these two emerging markets is to create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.

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2 years ago
Valence Electronics has 213 million shares outstanding. It expects earnings at the end of the year of $800 million. Valence pays
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Answer:

$75.12 million

Explanation:

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= (40% × $800 million) ÷ (9% - 7%)

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3 0
3 years ago
After reading the new account insert in his monthly​ statement, Tony Mercadante determined that the FDIC considers a joint accou
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Answer: Please refer to Explanation

Explanation:

According to the Federal Deposit Insurance Corporation, the limit to the amount a person can be insured for is, $250,000 per depositor, per insured bank.

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Explanation:

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Answer:

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