1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tresset_1 [31]
4 years ago
8

Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as

the base year. (Enter the answers in thousands of dollars.)
($ thousands) Current Year Prior Yea
Net sales $ 689,520 $ 338,000
Cost of goods sold 337,864 100,048

Business
1 answer:
Elis [28]4 years ago
4 0

Answer:

Current year = 204%

Prior year = 100%

Explanation:

Detailed solution is given below

You might be interested in
The common stock of Serenity Homescapes has a beta of 1.21 and a standard deviation of 17.8 percent. The market rate of return i
3241004551 [841]

Considering the available information in the question, the <u>cost of equity</u> for this firm is "<u>0.1566</u>."

The <u>cost of equity</u> for the firm is expressed below:

RE = Rf + β × ( E (RM) − Rf );

Here, the RE is the

Rf => risk-free => 3.2 percent;

β => beta => 1.21;

E (RM) => market rate of return => 13.5 percent;

Thus, we have the following formula to compute:

RE = 0.032 + 1.21 × (0.135 − 0.032)

RE =<u> </u><u>0.1566</u>

Cost of equity is a term that is used I'm describing the rate of return firms need for business investment.

In another way, the Cost of equity depicts the rate of return that an individual needs for an equity investment.

Hence, in this case, it is concluded that the correct answer is "<u>0.1566</u>."

Learn more here: brainly.com/question/24242733

6 0
2 years ago
Oval Inc. just paid a dividend equal to $1.50 per share on its common stock, and it expects this dividend to grow by 4 percent p
Rainbow [258]

Answer:

e. 14.60%

Explanation:

The computation of Oval's cost of new common equity is shown below:-

Price of stock = Estimated dividends for next period ÷ (Required rate of return - Growth rate)

Dividend =  $1.50 × (1 + 4%)

= $1.56

Price of stock would be the price net of flotation cost

= $16 × (1 - 8%)

= $14.72

Required rate of return

= (1.56 ÷ 14.72) + 0.04

= 14.60%

8 0
3 years ago
Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiq
ziro4ka [17]

Answer:

Answer is B. She should use 28-point fonts for titles and 18-point fonts for body text.

Refer below.

Explanation:

Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiques, to include behavioral training in employee interactions with canine clients. It hits every mark but one: it is difficult to visually distinguish key points from the rest of the slides. As a trusted colleague, the suggestion beloe might you give her to improve her presentation for ease of processing:

She should use 28-point fonts for titles and 18-point fonts for body text.

6 0
3 years ago
Read 2 more answers
You currently have a​ one-year-old loan outstanding on your car. you make monthly payments of $ 400$400. you have just made a pa
Verizon [17]
<span>If I have a one year loan outstanding on my car and make monthly $400 payments, my timeline would include twelve equal payments of $400 starting now. The bank's timeline would be the same twelve equal installments of $400 but they would be cash inflows since I am paying the money to the bank. I would consider the $400 a cash outflow.</span>
5 0
3 years ago
A situation in which financial or other personal considerations have the potential to compromise or bias professional judgment a
STatiana [176]
The circumstance is called Conflict of Interest. It is a circumstance in which a man or association is engaged with various interests, money related or else, one of which could degenerate the inspiration or basic leadership of that individual or association.
3 0
3 years ago
Other questions:
  • Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a
    12·1 answer
  • Royal bank quotes a value for the japanese yen (¥) of $0.007, and a value for the canadian dollar (c$) of $0.821. the cross exch
    14·1 answer
  • Element Corporation reported the following equity section on its current balance sheet.
    13·1 answer
  • When interest rates fall a. firms want to borrow more for new plants and equipment and households want to borrow less for homebu
    12·1 answer
  • Jones Corp. reported current assets of $199,000 and current liabilities of $140,000 on its most recent balance sheet. The workin
    6·1 answer
  • What is a type of mediation that refers to the creation of new kinds of intermediaries that simply could not have existed before
    8·1 answer
  • Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 10,000 toy action figures to be
    13·1 answer
  • Marathon Company has 10,000 units of its product that were produced last year at a total cost of $150,000. The units were damage
    10·1 answer
  • A collection of related web pages for one individual or organization is what?​
    14·1 answer
  • During production, the crew most closely associated with the camera consists of ________. a. the director and the production man
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!