Answer:
gross profit ratio = gross profit / net sales = $1,126,000 / $3,086,000 = 36.49%
return on assets = net income / total assets = $139,000 / $946,000 = 14.69%
profit margin = net income / net sales = $139,000 / $3,086,000 = 4.5%
asset turnover = net sales / average total assets = $3,086,000 / [($946,000 + $794,200) / 2] = 3.55 times
return on equity = net income / shareholders' equity = $139,000 / $547,000 = 25.41%
price earnings ratio = current sock price / earnings per share = $28.30 / $1.40 = 20.21 times
Answer:
expressing thanks for a gift, sending thanks for a favor, extending thanks for hospitality, and recognizing employees for their contribution, to answer a congratulatory note.
Answer:
the break even point in units is 5,000 units
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost ÷ contribution margin per unit
= Fixed cost ÷ (Selling price per unit - variable cost per unit)
= $50,000 ÷ ($14 - $4)
= $50,000 ÷ $10
= 5,000 units
hence, the break even point in units is 5,000 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Wholesaling are conditional middle men they buy large bulk's from manufactures, most of the time with their own transportation their niche's and they sell and deliver in smaller quantities to retailers and charge more per unit.
Yes he may because the owner was not informed of the change in order