Answer:
The Baker's inventory turnover is 17.33 times
Explanation:
Inventory Turnover: It is a ratio which shows a relationship between the cost of goods sold and the average inventory
For computing the inventory turnover ratio, we have to apply the formula which is shown below:
Inventory turnover ratio = Cost of sales ÷ inventory
= $21,320 ÷ $1,230
= 17.33 times
The other items which are mentioned in the question are not considered. Hence, these are ignored.
Answer:
C) Andrews ROE will decrease.
Explanation:
This year Andrews achieved an ROE of 5.5%. Suppose management takes measures that decrease Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Andrews's ROE? A) Andrews ROE will remain the same; B) Andrews ROE will increase; C) Andrews ROE will decrease.
Return on equity is an example of a profitability ratio.
Profitability ratios measure the ability of a firm to generate profits from its asset
Using the Dupont formula, ROE can be determined using :
ROE = Net profit margin x asset turnover x financial leverage
ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)
If net profit margin and financial leverage remain the same and asset turnover is reduced, ROE would reduce
Answer:
<em>A job seeker using an online resources for job search shows how </em>
<em>technology and the internet in particular has helped to simplify our everyday life</em>. The use of online resources shows how much the internet has helped to reshape and revolutionize so many sectors of the society. This use of online resources in job search provides a much faster way of reaching and covering a wide range of available jobs within and far beyond your immediate geographical range. Before the internet, job searches were typically done manually, and the process consumed a lot of time and resources and was mostly limited a certain geographical range. Nowadays, someone in the US can easily apply for a job post on the internet all the way in Germany.
Scala naturae was consistent with The Old Testament.
<h3>
What is Scala Naturae ?</h3>
In order to organize everything in the natural world, both living things and non-living things, Aristotle created the Scala Naturae ("Natural Ladder"). In his Scala Naturae, Aristotle depicted a continuum between "lower" and "higher" kinds of substance.
The species cannot move around on the ladder since everything has its place. This suggests that species are unchangeable.
Humans are the only species that can reason logically, according to Aristotle, who placed them above all other species. Plants and minerals cannot move, although both humans and animals can. Minerals cannot develop and reproduce like people, animals, or plants can.
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Answer:
return on Assets 25%
Explanation:
Return on Asset is the ratio of net income ratio to total asset of the company. It measure the productivity and efficiency of all the assets used to generate this net income.
According to given data
Sales $10,000,000
Cost of goods sold $5,000,000
Pre-tax earnings $500,000
Merchandise inventory $80,000
Total assets $2,000,000
As there is no tax rate is given, we will use the Pre-Tax Earnings for Return on assets ratio.
Return on Assets = Pre-Tax Earnings / Total Assets = $500,000 / 2,000,000
Return on Assets = 0.25 = 25%
Saving in purchasing will decrease the cost of gods sold and Increase the gross profit of the Company.
