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kakasveta [241]
3 years ago
10

A firm has sales of $1,220, net income of $226, net fixed assets of $544, and current assets of $300. The firm has $101 in inven

tory. What is the common-size statement value of inventory
Business
1 answer:
Nady [450]3 years ago
4 0

Answer:

11.97%

Explanation:

Common size statement value of inventory is where all accounts are expressed as a percentage of total assets.

Total assets = Net fixed assets + Current assets

= $544 + $300

= $844

Common size statement value of inventory = Inventory ÷ Total assets

= $101 ÷ $844

= 0.1197

= 11.97%

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Malone Imports stock should return 12 percent in a boom, 10 percent in a normal economy, and 2 percent in a recession. The proba
Rufina [12.5K]

Answer:

6.11%

Explanation:

For computing the variance, first we have to determine the expected return which is shown below:

= (Expected return of the boom × weightage of boom) + (expected return of the normal economy × weightage of normal economy)  + (expected return of the recession × weightage of recession)

= (12% × 5%) + (10% × 85%)  + (2% × 10%)  

= 0.6% + 8.5% + 0.2%

= 9.30%

Now the variance would equal to the

= Weightage × (Return - Expected Return) ^2

For boom:

= 5% × (12% - 9.3%) ^2

= 0.3645

For normal economy:

= 85% × (10% - 9.3%) ^2

= 0.4165

For recession:

= 10% × (2% - 9.3%) ^2

= 5.329

So, the total variance would be

= 0.3645 + 0.4165 + 5.329

= 6.11%

4 0
3 years ago
Tp-7 on gasoline powered boats, when should the blower be operated?
gayaneshka [121]
The answer is: <span>, the blower should be operated after refueling and before starting the engine
In a boat, the blower's function is to safely remove the residual from the fuel that is used to move the boat.
If we do not start the blower properly, there is a chance that our boat could explode while in the middle of operation.</span>
5 0
3 years ago
How are permit departments helpful in conversion investigation efforts?
Lerok [7]

Answer:

Option B is the correct answer.

Explanation:

Business permits regulate the safety, structure, and appearance of the business community. They act as proof that a business follows specific laws and ordinances. Requirements differ by jurisdiction, and failure to comply often results in fines or even having the business shut down. Therefore, most businesses need a general business license to operate in a particular county or city.

Thus, the permit departments are helpful in conversion investigation efforts by identifying the nature and location of businesses, new leases, and recent constructions.

Option B is the correct answer.

3 0
3 years ago
As demand for goods increased, cottage industries were not able to keep up. The _______ system developed to meet this growing ne
Papessa [141]

Answer;

The answer is factory system

Explanation:

5 0
3 years ago
In the management section of the proposal the contractor should define the that will be performed and provide a of what each maj
SVETLANKA909090 [29]

Answer:

Description of the major tasks.

Deliverables.

Project schedule.

Related experience.

Project organization.

Equipments and facilities.

Explanation:

•Description of the major tasks explains the specific job duties, these duties are the major reasons for the project.

•Deliverables talks about the ability to quantify the project and what will be delivered when the work is completed.

•Project schedule: What needs to be done and the duration or time frame for which the project will be completed. It is the total work required for the project to be promptly delivered.

•Related experience : Any past job experience related to the project, a track record of successfully completed projects as it relates to the present project.

•Project organization: Structures put in place to facilitate supervision and implementation of every required project activity.

•Equipment and facilities: Items needed for the project to be completed.

4 0
3 years ago
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