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Arte-miy333 [17]
3 years ago
10

Blue ace autos inc. and ferdova autos inc. are two competing automobile companies. while blue ace autos' cost of goods sold/reve

nue is 63.4 percent, the cost of goods sold/revenue of ferdova autos is 54.2 percent. what do you infer from this financial data?
Business
1 answer:
Galina-37 [17]3 years ago
7 0
Given:
Blue Ace Autos Inc: cost of goods sold / revenue = 63.4%
Ferdova Autos Inc.: cost of goods sold / revenue = 54.2%

The percentage rate represents the part of the revenue that the cost of goods sold is a part of. This means that the revenue is 100%. The difference of the revenue and cost of good sold is the profit. The higher the percentage of the profit, the better.

Blue Ace Autos Inc: 100% - 63.4% = 36.6%
Ferdova Autos Inc: 100% - 54.2% = 45.8%

Ferdova Autos Inc. earn a higher profit (45.8% of revenue) than Blue Ace Autos Inc (36.6% of revenue).
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The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company's fiscal year, contain
devlian [24]

The preparation of the multi step income statement is shown below

                              Pacific Scientific Corporation

                               Multi - step income statement

                                       On December, 2021

Sales revenues  $2,106

Less: Cost of goods sold -$1,240

Gross profit  $866

Operating expenses

Less: Selling expenses -$126

Less: General and administrative expense -$105

Total operating expenses -$231

Operations income  $635

Non operating and other items

Interest expenses -$40

Gain on sale of investment $45

Total non operating $5

Earning before taxes  $640

Less- Income tax expense at 30%  -$160

Net income   $480

8 0
4 years ago
Furniture Face Lift refinishes old wood furniture. Their process for refinishing chairs has 8 workers and 4 stations. Each chair
vichka [17]

Answer:

13.19 hours

Explanation:

Station    Staffing     Processing time (Hours     Capacity = Staffing /

                                    per chair per worker)         Processing time

Stripping     3                            2.5                                   1.2

Priming        2                            1.5                                   1.33

Painting       3                            1.75                                 1.714

Inspection    1                            0.8                                  1.25

Stripping has the lowest capacity, hence it will be having bottleneck, thus the process capacity is 1.2.

Total time to produce the 1st chair = 2.5 + 1.5 + 1.75 + 0.8

Total time to produce the 1st chair = 6.55 hours

Time to produce subsequent chair = 1/1.2

Time to produce subsequent chair = 0.83 hrs

Total time taken to produce 10 chairs = 6.55 hours + 0.83 hrs*8 Workers

Total time taken to produce 10 chairs = 6.55 hours + 6.64 hours

Total time taken to produce 10 chairs = 13.19 hours

5 0
3 years ago
The margin of safety is Select one: A. the excess of sales over variable expenses. B. the excess of sales over the break-even vo
Rama09 [41]

Answer:

B. the excess of sales over the break-even volume of sales.

Explanation:

The formula to compute the margin of safety is shown below:

The margin of safety  = Expected sales - break-even sales

where,  

Expected sales = Selling price per unit × Unit sales  

And, the break-even sales equal to

= (Fixed cost) ÷ (Contribution margin Ratio)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

8 0
4 years ago
How old does a senator have to be?
mafiozo [28]

Answer:

<em><u>Article 58.- To be a senator, the same requirements are required as to be a deputy, except age, which will be 25 years old on the day of the election.</u></em>

Explanation:

and i'm mexican

7 0
3 years ago
Read 2 more answers
What two key values are identified for each performance parameter in the capability development?
Taya2010 [7]

Key Performance Parameters (KPP) and Key System Attributes (KSA) are the two key values identified for each performance parameter in the capability development.

Skill development refers to creating new skills or improving existing skills. Skill development, skill growth, skill expansion, and skill maturity are often used interchangeably with this concept. A number of theoretical lenses, such as knowledge-based approaches, resource-based perspectives, and evolutionary theory, provide insight into organizational skills development in firms.

Various authors highlight different factors as predictors of ability to influence skill development, including B. In-house knowledge, experience, organizational learning, routine and non-routine actions (eg, semi-continuous asset orchestration or routine redesign).

Scalability, Growth Capacity, Dynamic Capacity, and Investment in LearningThese keywords were added by the machine, not the author. This process is experimental and keywords may be updated as the learning algorithm improves.

Learn more about Capability Development here : brainly.com/question/25594630

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4 0
2 years ago
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