Answer:
Profit margin = net profit / total sales = $78 / $5,200 = 1.5%
Asset turnover = total sales / average total assets = $5,200 / ($2,990 + $3,510) = 1.6
Return on assets = net income / average total assets = $78 / $3,250 = 2.4%
Return on common stockholders’ equity = net income / average stockholders' equity = $78 / ($992 + $1,031) = 7.71%
Gross profit rate = gross profit / total sales = $1,716 / $5,200 = 33%
Answer:
$0.35 per share
Explanation:
According to the scenario, computation of the given data are as follows,
Net income = $68,000
Preferred cash dividend = $18,000
So, we can calculate the basic earning per share by using following formula,
Basic Earning per share = ( Net income - Preferred cash dividend) ÷ Outstanding common shares
= ($68,000 - $18,000) ÷ [( 58,000 × 2) + (28,000 × 2 × 6/12)
= $50,000 ÷ [ 116,000 + 28,000]
= $50,000 ÷ 144,000
= $0.35 per share
That would be an example of traditional economy.
Answer:
True
Explanation:
The above statement is true as the distracted driving is act of driving along with engaging into certain other activities which leads to the driver's lesser concentration and attention towards the the road and driving.
Since good teens are not supposed to make the poor choices while driving and engage into activities like using phone, texting or reading maps or messages etc.
SNOW WHITE AND THE SEVEN DWARFS BY ANNE SEXTON
