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
Aleks [24]
3 years ago
14

The net income as shown on the common-size income statement of Omega industries for the past three years increased from 3% to 6%

. This indicates that the firm is increasing its _____ProfitabilityThe enterprise value multiplier allows for comparing the value of firms with different ______ structures.CapitalIn a financial plan using the percentage of sales approach, why is it assumed that some assets increase with sales?Additional working capital and fixed assets are needed to support growthWhich of the following statements is most likely correct for afirm with days’ sales in receivables for 30 days
Business
1 answer:
vlada-n [284]3 years ago
3 0

Answer:

See explanation section

Explanation:

Req. A & B

If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.

EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.

Req. C, D & E

In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.

A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-

since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%

You might be interested in
- QI- State 2 reasons why it is necessary to prepare<br> financial statements at regular intervals
Liono4ka [1.6K]

Answer:

-Better decision making

-Can prevent costly mistakes and helps in tax period

5 0
2 years ago
Name 5 banking task that can be done online
Schach [20]
- Check Account Balances
-View all of your bank accounts IRA's and securities
- Send Money 
-Receive Money
- Add a new card to your account<span />
8 0
3 years ago
Read 2 more answers
Parents may claim a $2,000 child tax credit for a dependent child who is 22 years of age at the end of the year if the child is
Nataliya [291]

Parents may claim a $2,000 child tax credit for a dependent child who is 22 years of age at the end of the year if the child is a full-time student. The Child Tax Credit is a refundable tax benefit claimed by filing Form 1040 claim a tax credit of $2,000 per qualifying dependent child under age 17

<h3>What is Child Tax Credit?</h3>

Different nations offer parents with dependent children a tax advantage known as the child tax credit (CTC). The credit is frequently correlated with the number of dependent children a taxpayer has, as well as occasionally with their income. For instance, only families in the United States who earn less than $400,000 year are eligible to get the entire CTC. Similar to the United States, only families earning less than £42,000 a year are eligible for the tax credit in the United Kingdom.

The federal child tax credit (CTC) in the United States is a tax credit that is only partially refundable for parents of dependent children. Subject to an earned income level and phase-in, it offers $2,000 in tax relief per eligible kid (with up to $1,400 of that amount being refundable).

To learn more about Child Tax Credit from the given link:

brainly.com/question/17395659

#SPJ4

8 0
1 year ago
Why do ralph piggy and samneric lie about their part in simon death?
8_murik_8 [283]
In The Lord Of The Flies, Jack basically convinces himself that he killed the beast and not simon, and in an example of mob mentality Piggy, Ralph, Sam and Eric all just go along with it even though they feel guilty and seem to acknowledge that they did know it was simon they were killing. 
8 0
3 years ago
Daniela is a 25% partner in the JRD Partnership. On January 1, JRD makes a proportionatedistribution of $16,000 cash, inventory
Olenka [21]

Answer: B. $5,000 inventory, $0 accounts receivable

Explanation:

Daniel's basis in JRD is $21,000

Inventory fair value is $16,000

$21,000 - $16,000 = $5,000

Accounts receivable inside basis is $0.

Inside basis is basically each partner's tax basis in the partnership.

8 0
3 years ago
Other questions:
  • An organization adopts the ______________ concept when it takes steps to know a much about the consumer as possible, combined wi
    11·1 answer
  • Talbot purchased a laptop for $1,500 and a television for $1,300. The laptop is used solely for business and the television sole
    13·1 answer
  • I need to know the total monthly payment
    12·1 answer
  • Governmental regulations such as the​ ________ Act mandate archiving business documents and relevant internal​ communication, in
    13·2 answers
  • A country has been in existence for only two years. In the first​ year, receipts were​ $1.0 million and outlays were​ $1.5 milli
    13·1 answer
  • Assume you have two projects with different lives. Project A is expected to generate present value cash flows of $5.2 million an
    11·1 answer
  • A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
    14·1 answer
  • Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run
    12·1 answer
  • a manufacturer reports the following costs to produce 11,000 units in its first year of operations: direct materials, $11 per un
    15·1 answer
  • jim root company operates four bowling alleys. the business just received the ​, ​, bank statement from city national​ bank, and
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!