Answer and Explanation:
The computation is shown below;
The net profit margin is
= Net income ÷ sales revenue
= $184,000 ÷ $574,000
= 32%
The asset turnover is
= Sales revenue ÷ average of assets
= $574,000 ÷ ($2,142,000 + $1,998,000) ÷ 2
= $574,000 ÷ $2,070,000
= 0.28 times
c. The return on assets is
= Net income ÷ average of assets
= $184,000 ÷ $2,070,000
= 0.089
= 8.89%
I think the correct answer would be retail convergence. Due to this, you cannot easily pinpoint specific sellers of the products since there are already many retailers of even on product. And also one product may exist within many retailer outlets.
Answer:
B) debit Retained Earnings $ 200,000 and credit Common Stock $ 200,000
Explanation:
The dividends will increase the common stock account and decrease retained earnings. Dividends are always paid with retained earnings.
Since this is a large stock dividend (40% of new stocks are going to be issued), the transaction must be recorded at par value.
The total dividends declared = 50,000 shares x $10 x 40% = $200,000
The journal entry should be:
Dr Retained earnings 200,000
Cr Common stock 200,000
According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.
<h3>What are the steps of the change process?</h3>
The change process involves the following steps:
- Diagnosing the problem
- Assessing the motivation or need and capacity for change
- Assessing the resources and motivation of the change agent
- Establishing change objectives and strategies
- Determining the role of the change agent
- Implementing the changes.
Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is <u>recognizing the need for change</u>.
Learn more about the steps of the change process at brainly.com/question/5689601
When the demand for a good or service limits the amount that can be sold to an output at which the firm experiences economizing of scale, the firm is a natural monopoly.
<h3>What is the distinction between genuine monopoly and monopoly?</h3>
A natural monopoly is a firm with such extreme economies of scale that once it starts creating a certain level of output, it can produce more at a far lower cost than any smaller competitor. Natural monopolies exist far more continually than pure monopolies, mainly because the conditions are not as stringent.
<h3>Which statement is the best description of a natural monopoly?</h3>
A natural monopoly is a monopoly that occurs because a single firm can supply a good or assistance to an entire market at a smaller cost than could two or more companies.
To learn more about natural monopoly , refer
brainly.com/question/13113415
#SPJ4
