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liberstina [14]
3 years ago
15

What is a phrase with examples​

Business
1 answer:
antoniya [11.8K]3 years ago
8 0

Answer: Its a phrase that gives examples of a certain relating subject.

Explanation:

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Southern Markets has sales of $78,400, net income of $2,400, costs of goods sold of $43,100, and depreciation of $6,800. What is
Helen [10]

Answer:

36.35%

Explanation:

According to the scenario, computation of the given data are as follows,

Sales = $78,400

Net income = $2,400

Cost of goods sodl = $43,100

Depreciation = $6,800

So, we can calculate the EBIT value by using following formula:

= EBIT ÷ Sales

= ($78,400  - $43,100 - $6,800) ÷ ($78,400)

= $28,500 ÷ $78,400

= 36.35%

Hence, the common-size statement value of EBIT is 36.35%

3 0
2 years ago
On October 1, 2022, Ivanhoe Company places a new asset into service. The cost of the asset is $87500 with an estimated 5-year li
Dimas [21]

Answer:

$3150

Explanation:

Given:

Cost of the asset purchased = $87500 (on 1st October. 2022)

Salvage value at the end of its useful life = $24500

Useful life estimated = 5 years

Question asked:

What is the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation?

Solution:

<u>As we know:</u>

Straight-Line\ Depreciation\ Expense=\frac{Cost\ - Salvage\ Value}{Useful\ Life\ of\ the\ Asset}

                                                               =\frac{87500-24500}{5} =\frac{63000}{5} =12600

Depreciation expenses per year = $12600

But we have to find depreciation expenses for 2022 for:-

From 1st October, 2022 to 31st December, 2022 = 3 months.

<em><u>Straight-Line Depreciation Expense for Partial Year = </u></em>

<em><u /></em>D\times\frac{N}{12} \\\\ D=Depreciation\ expense\ for\ a\ complete\ year.\\N= Number\ of\ months\ during\ which\ the\ fixed\ asset\ was\ available\ for\ use

Depreciation Expense for 3 months = 12600\times\frac{3}{12} =\frac{37800}{12} =3150

Therefore, the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation is $3150.

                                                             

5 0
3 years ago
It becomes particularly urgent for a company to consider diversification when there are needs to avoid putting all of its "eggs"
Lisa [10]
The answer to this question is <span>diminishing market opportunities and stagnating sales in its principal business.
Companies should only consider diversification if the previous product that thye make is already succesful and they have enough capital to pursue another segment of the market. If the sales is still stagnant,  it best to use the capital to reinvest in the current product until the growth is assured. (or even just stop the production for that product and start pursuing another)</span>
8 0
2 years ago
The long-run aggregate supply curve is vertical:
IceJOKER [234]

Answer: Option(c) is correct.

Explanation:

The long run aggregate supply(LRAS) curve is vertical as resource prices eventually rise and fall with product prices.

When there is an increase in the price level of the output, so in the long run this will also result in an increases in the prices of the factors of production.

Hence, aggregate supply curve in the long run is vertical.

Vertical LRAS also shows that whatever change happen in the aggregate demand has a temporary impact on the level of output. Factors such as capital, labor, technology impact the LRAS because it was assumed that everything is used optimally.    

7 0
3 years ago
Does the fact that an Investment Adviser is registered in a state mean that the Investment Adviser is qualified?
dimulka [17.4K]

Answer:

No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.

Explanation:

Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.

However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.

Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.

The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.

7 0
2 years ago
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