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3 years ago

What impact did technological advances have on industry?

Business

1 answer:

Citrus2011 [14]3 years ago

4 0

I would say for one made things easier to track,update etc.their were improvementions in society

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Which academic skill allows people to explore new concepts?

nexus9112 [7]

Well, usually it's theatrical math.
Hope I got it correct.

3 0

3 years ago

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The current exchange rate is $1= euro€1. suppose that u.s. real interest rates increaseu.s. real interest rates increase. what

ICE Princess25 [194]

Both will appreciate

7 0

3 years ago

The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 (to $2.40 in 2015). Let’s see whether

Airida [17]

Answer:

Note: See missing wordings in attached picture below

a. 2015

Gross profit percentage = [Total revenue - Cost of crude oil and products] / Total revenue

Gross profit percentage = [$225 - $119] / $225

Gross profit percentage = $106 / $225

Gross profit percentage = 0.47111111

Gross profit percentage = 47.11%

2014

Gross profit percentage = [Total revenue - Cost of crude oil and products] / Total revenue

Gross profit percentage = [$242 - $127] / $242

Gross profit percentage = $115 / $242

Gross profit percentage = 0.475206612

Gross profit percentage = 47.52%

Conclusion: Insignia Corporation are likely to earn less gross profit from each dollar of sales in 2016 because Gross profit percentage decreased from 2014 to 2015.

b. 2015

Net profit margin = Net income / Total revenue

Net profit margin = $26/$225

Net profit margin = 0.1155555

Net profit margin = 11.56%

2014

Net profit margin = Net income / Total revenue

Net profit margin = $37/$242

Net profit margin = 0.152893

Net profit margin = 15.29%

6 0

3 years ago

4-21 (Algo) Reporting an Income Statement, Statement of Stockholders' Equity, and Balance Sheet LO4-2 Green Valley Company prepa

JulsSmile [24]

Answer:

Income statement

revenue 78000

expenses (25000 )

insurance (7000 )

depreciation (9000 )

EBIT 37000

TAX (11000)

net income 26000

EPS 3.25

STATEMENT OF STOCKHOLDER'S EQUITY

Common stock retained earnings additional paid in capital

opening 8000 9000 57000

net income 26000

closing 8000 35000 57000

BALANCE SHEET

assets

non current assets 154000

machinery 77000

accum depreciation (20000)

carrying value 57000

current assets 36000

prepaid insurance 3000

cash 18000

accounts receivables 15000

total assets 190000

Equity and liabilities

stockholdr's equity 100000

common stock 8000

Retaine earnings 35000

paid in capital 57000

Liabilities 90000

current liabilities 90000

Accounts payable 11000

wagages payable 4000

income tax payable 75000 balancing figure

Explanation:

missing information;

Other data not yet recorded at December 31 include:

Insurance expired during the current year, $7.

Wages payable, $4.

Depreciation expense for the current year, $9.

Income tax expense, $11.

Required:

1. Using the adjusted balances, prepare an income statement for the current year. (Round "Earnings per share" to 2 decimal places. Enter your answers in thousands.)

2. Using the adjusted balances, prepare statement of stockholders’ equity for the current year. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.)

3. Using the adjusted balances, prepare balance sheet for the current year. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.)

7 0

3 years ago

67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your company rat

marishachu [46]

Answer:

The company was rated 5 stars more by Men

Explanation:

Given that

General population = 67/350

Men = 40/175

In checking the percentage ratio, we have

a. General population

= (67/350) × 100

= 19.14%

b. Men population

= (40/175) × 100

= 22.85%

Thus, seeing that 22.85% > 19.14%, therefore, company was rated 5 stars more among the men population.

5 0

3 years ago