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katen-ka-za [31]
3 years ago
8

(TCO C) Oceanside bank converts a dollar of equity into 10 cents of net income and has $9.50 in assets per dollar of equity capi

tal. Oceanside also has a profit margin of 15%. What is Oceanside’s AU ratio? Group of answer choices 1.05% 3.55% 5.56% 6.45% 7.02%
Business
1 answer:
ZanzabumX [31]3 years ago
7 0

Answer:

7.02%

Explanation:

(0.10/9.5)/0.15 = 7.02%

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Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction fo
Soloha48 [4]

Answer:

the numbers are missing, so I looked for a similar question:

  1. Investment in the business $17,010
  2. Borrow cash $7,620
  3. Purchase equipment $8,300
  4. Revenues earned $298,600
  5. Expenses incurred $210,900
  6. Dividends $15,000

since there is not enough room here, I used an excel spreadsheet. I assumed all sales were on cash and all expenses were also paid using cash.

Download pdf
8 0
3 years ago
Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead b
kap26 [50]

Answer:

$9.2 0

Explanation:

The calculation of the Finishing Department is shown below:-

Plant - wide overhead rate = Total overhead ÷ Total machine hour

= ($470,000 + $737,900) ÷ ($470,000 + 133,950)

Plant wide overhead rate = $2 per machine hour

Machine hour for product = 4.2 + 0.4

= $4.6 machine hour

Applied overhead = Machine hour for product × Plant wide overhead rate

= $4.6 × $2

= $9.2 0

6 0
3 years ago
Our company sells flat screen tvs to retailers for $1,000. The total fixed costs for plant operation is $60,000. It costs us $70
Sedbober [7]

Answer:

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Explanation:

<em>s</em><em>o</em><em>r</em><em>r</em><em>y</em><em> </em><em>a</em><em>g</em><em>a</em><em>i</em><em>n</em><em> </em><em>i</em><em> </em><em>n</em><em>e</em><em>e</em><em>d</em><em> </em><em>a</em><em>n</em><em>s</em><em>w</em><em>e</em><em>r</em><em> </em><em>t</em><em>o</em><em>o</em><em>,</em><em>a</em><em>n</em><em>y</em><em>o</em><em>n</em><em>e</em>

4 0
2 years ago
Suppose your firm has a​ u-shaped average variable cost curve and operates in a perfectly competitive market. if you produce whe
Mariulka [41]
Go app so so so so so do
3 0
3 years ago
The selling price per unit less the variable cost per unit is the ________.
OlgaM077 [116]

The selling price per unit less the variable cost per unit is the contribution margin per unit.

<h3>What is the contribution margin per unit.?</h3>

This is the term that is used to refer to the selling price that was used for the sale of a particular good minus the variable cost that was employed in the production of that particular good. It is the contribution that is made towards the payment of the fixed costs.

Hence we can say that The selling price per unit less the variable cost per unit is the contribution margin per unit.

Read more on contribution margin per unit here: brainly.com/question/13528647

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6 0
1 year ago
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