Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
d.an unfavorable change in the efficiency of using fixed assets to generate sales.
Explanation:
Since as we can see in the given situation that there is the reduction in the fixed asset turnover ratio i.e. it is reduced from 3 to 2.2 this means that there is a change i.e. unfavorable or non-favorable with respect to the efficiency of applying the fixed asset in order to producing or generating the sales
Therefore the option d is correct
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A company has net income of $ 225,000 and declares and pays dividends in the amount of $ 75,000 .
c. An increase of $ 150,000 is the net impact on retained earnings is the correct option.
Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.
For most people, income means gross income in the form of wages and salaries, return on investment, pension payments, and other income.
The definition of income is the amount of money received by an individual, group or business during a specified period. An example of income is an annual salary of $70,000.
Learn more about income here:brainly.com/question/25745683
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