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Zielflug [23.3K]
3 years ago
12

Alpha has assets of $102 million, net income of $4.3 million, and total assets of $97 million. Omega has assets of $12.4 million

, net income of $0.76 million, and total sales of $9.3 million. Based on common-size income statements, which company is more profitable?

Business
1 answer:
emmainna [20.7K]3 years ago
4 0

Answer:

Common-size income statement can be performed by stating each line on the income statement as a percentage of sales or revenue

Explanation:

One indicator of profitability is net profit margin.

The student meant total sales of $97 million.

Please find the attachment for the calculation

Alpha has a net profit margin of 4.4% while Omega has a net profit margin of 8.2%.

Omega is more profitable because it has a higher net profit margin.

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Soo Lee Imports issued 17-year bonds 2 years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. These bon
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Answer:

10.04%

Explanation:

For computing the yield to maturity we use the RATE formula i.e to be shown in the attachment below:

Given that,  

Present value = $1,000 × 102% = $1,020

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 10.3% ÷ 2 = $51.5

NPER = 17 years - 2 years  × 2 = 30 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative            

After applying the above formula, the yield to maturity is

= 5.02% × 2

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3 years ago
Create a chart containing the three forms of business organizations: proprietorships, partnerships, and corporations. Include ke
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Answer:

a. Owner

b. Partners

c. Stakeholders

Explanation:

The key users of financial information of a proprietorship is the owner.

The key users of financial information of a partnership are partners.

The key users of financial information of a corporation are the stakeholders.

In a proprietorship the owner invests, manages and gains profit from the organization.

In a partnership the partners invest, manage and each partner gain profits from the organization.

While in a corporation the shareholders invest, the employees manage and the profits made are gained by the shareholders in the form of dividends.

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3 years ago
From 1970 to 1980, the consumer price index (CPI) increased from 38.8 to 82.4. If a dozen eggs cost $0.25 in 1970 and the price
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The answer will be D. $0.53
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3 years ago
module 3 BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recent
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The correct answer to this open question is the following.

You forgot to include the options for this question. However, we can answer the following.

This scenario best illustrates forward integration.

This is a case of forward integration because BlockWood Inc., which was facing similar difficulties with other buyers too, eventually stopped supplying raw materials and took to manufacturing furniture instead. SO they decided to fabricate their own furniture.

Companies make this decision as a process of vertical integration to expand and grow their business. In this case to produce and control their own products, eliminating the retailer that had decided to pay less money for the raw materials.

So now, Blockwood Inc. has the challenge to design and sell the products it is fabricating.

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3 years ago
A local pizzeria hires college students to make pizza, wait on tables, take phone orders, and deliver pizzas. For each situation
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The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.

Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.

Cost of employees increases because the minimum wage rises

Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.

<u>Therefore, the </u><u>demand </u><u>for student employees would decrease.</u>

<h3>what is Demand ?</h3>
  • Demand refers to the consumer's desire to purchase a particular product or service.
  • Market demand is the demand for a particular good in the market.
  • Aggregate demand refers to the overall demand for goods and services in any economy.
  • The matching of supply and demand determines the price of goods or services, Understanding the concept of demand.
  • Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them.
  • The Law of Demand is an economic principle that  consumer demand for a commodity increases when prices fall and decreases when prices rise.
  • The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.

to learn more about Demand  from the given link :

brainly.com/question/14456267

#SPJ4

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