TRUE. After explaining a new procedure to her employees, amy asks, "is there anything that wasn't clear?" she is asking this question to encourage feedback.
A company or organization has minimal influence over external factors, such as governmental policy, technology, and market conditions.
External factors:
- Things outside of a firm that affect its success are known as external factors. They may have a beneficial or negative effect. Its only option is to respond to them by taking actions that will support its continued prosperity.
- Situational factors, often referred to as external factors, are influences that come from outside of the individual, such as the surrounding circumstances and people. Situational factors include things like your surroundings, your place of employment and education, and your neighbors.
- Numerous internal and external elements, including society, family, loved ones, ethnicity, race, culture, geography, opportunity, media, interests, appearance, self-expression, and life events, have an impact on identity creation and progression.
- Therefore, technological advancements would be considered an external factor.
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Answer:
2020:
Sales revenue = Net Sales + Sales returns
= 345,615 + 13,790
= $359,405
Freight-In = Cost of goods sold - Beginning inventory - Purchases + Purchase returns + Ending inventory
= 252,735 - 34,400 - 260,690 + 43,065 + 7,410
= $8,120
2021:
Beginning inventory = Ending inventory 2020 = $43,065
Gross Profit on sales = Net sales - Cost of goods sold
= 396,103 - 292,523
= $103,580
Answer:
$75 per case
Explanation:
Required: Selling Price per case
Sales – Variable cost – Fixed cost = Target desired profit
Sales = 800000 case x Selling Price (SP)
Variable cost = (800000 case x $40) + (800000 x SP x 25%)
Putting into equation:
Sales – Variable cost – Fixed cost = Target desired profit
(800000 x SP) – [(800000 x 40) + (800000 x SP x 25%)] - $8000000 = $ 5000000
>800000SP – (32000000 + 200000SP) – 8000000 = 5000000
>800000SP – 32000000 – 200000SP – 8000000 = 5000000
>800000SP – 200000SP = 5000000 + 8000000 + 32000000
>600000SP = 45000000
>SP = 45000000 / 600000
>SP = $ 75
The correct option is b.) profitability ratios
Ratios that provide valuable information to shareholders are profitability ratios.
<h3>What is profitability ratios?</h3>
Profitability ratios are a type of financial metric that is used to evaluate a company's ability to generate profits relative to its revenue, operational costs, balance sheet assets, as well as shareholders' equity over time, utilizing data from a single point in time.
Some key features regarding the profitability ratios are-
- Profitability ratios are comparable to efficiency ratios, which take into account how well a corporation uses its assets from within to earn revenue (as opposed to after-cost profits).
- Profitability ratios show how well a company is generating profit & value for its shareholders.
- Higher ratio outcomes are frequently more favorable, but when compared to similar company results, the company's own past results, or the industry average, these ratios provide significantly more information.
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