Answer: An increase in revenue will be an increase in equity.
Explanation:
Consulting Revenue is the total/gross revenue earned by a consulting company in an year. It should exclude the cost of material and sub-contracts.
Suppose we earned consulting revenue of $700. So it will increase the total revenue of the business.
Total equity is gross /total of the investment in the company plus subsequent profit of the company. Along with it we will exclude all subsequent paid out.
Rise in revenue will uplift the net profit. Increase in revenue will result in increase in equity.
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Answer:
Net income of the company accounted for $400,000
Explanation:
Net income is the income or the amount of residual income from the earnings after deducting all the expense or cost from the sales.
The net income or loss of the company accounted for is computed as:
Net Income or Loss = Net Income - Research and Development cost
where
Net Income amounts to $3,400,000
Research and Development cost amounts to $3,000,000
So, putting the values above:
Net Income or loss = $3,400,000 - $3,000,000
Net Income = $400,000
Answer:
Procedure that is used in order to produce the desired quantity of products being produced.
Explanation:
Based on the information being described in this scenario it can be said that the HR specialist will have Craig define the Procedure that is used in order to produce the desired quantity of products being produced. Without this information the HR specialist can not help him conduct a work flow analysis because he does not have the information required to know what the employees should be doing and how the current company is working.
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Answer:
Explanation:
When there are more substitutes for a product, the demand for the product is more price elastic. The implication of this is that the demand of such product will drop when there is increase in it price because people can get another product which will play the same role with the previous at a lesser price. Hence, the demand for the product vis more price elastic.
Answer:
a) Firm’s return on assets = 11.46 %
b) Return on stockholders’ equity = 19.37%
c) Profit margin = 3.27%
Explanation:
a) Return on assets = 
= 
b) Return on stockholder's equity = 
Equity =Total assets - Debt = $1,710,000 - $698,000 = $1,012,000
Return on equity = 
c) Asset Turnover ratio = 
= 3.5
then Net sales = 3.5 X Total Assets = = 3.5 X $1,710,000 = $5,985,000
Profit margin = ![\frac{Net profit}{Net sales} X 100 [tex]= \frac{196,000}{5,985,000} X 100 = 3.27 percent](https://tex.z-dn.net/?f=%5Cfrac%7BNet%20profit%7D%7BNet%20sales%7D%20X%20100%20%5Btex%5D%3D%20%5Cfrac%7B196%2C000%7D%7B5%2C985%2C000%7D%20X%20100%20%3D%203.27%20percent)
a) Firm’s return on assets = 11.46 %
b) Return on stockholders’ equity = 19.37%
c) Profit margin = 3.27%
