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3 years ago

When performing a cma, what unit of comparison is used?

1 answer:

7 0

CMA stands for comparative market analysis. This tool is used by real-estate agents. In order to define the price and value <span> of a property the agents search recently sold properties that are similar to the subject property and in the same geographical area. So, when performing a CMA, as a unit of comparison real estate are used.</span>

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A firm has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equi

svp [43]

Answer:

$44,083.72

Explanation:

Given:

Debt ratio = 57%

Asset turnover = 1.12

Profit margin = 4.9%

Total equity = $511,640

Find the total debt:

Debt = debt ratio × total equity

= 0.57 * 511640

Debt = $291,634.80

Find the total assets:

Total assets = Total debt + Total equity = $291,634.80 + $511,640

Total assets = $803,274.80

Find total turnover:

Turnover = Total assets * Total asset turnover ratio

= $803,274.80 * 1.12

= $899,667.78

Now find the amout of net income:

Net Income = Turnover * Profit margin

Net Income = $899,667.78 * 4.9%

= $44,083.72

The amount of net income is $44,083.72

6 0

4 years ago

Which is the following is a good way to control anger in the workplace

pochemuha

When you are at work, and you get angry on something, you need to do some anger control therapies.

Anger control therapies include, Deep breathing, counting from 1 to 10, slowly repeating a calming phrase in your mind, listen to your favorite music, take a short break, talk to your friend on work, drink water, use a stress relief toy, try to relax your muscles, etc.

These therapies will help you control your anger at work.

8 0

4 years ago

Which of the following statements is TRUE?A. As the probability of a super-event decreases, the advantage of utilizing multipl

scZoUnD [109]

Answer:

Explanation:

Studying MGMT 4010 Ch S11 on Quizlet: https://quizlet.com/304737596/mgmt-4010-ch-s11-flash-cards/?x=1jqU&i=utx3h

8 0

4 years ago

Bellingham Company produces a product that requires 6 standard direct labor hours per unit at a standard hourly rate of $22.00 p

amid [387]

Answer:

The correct answer for (a) is 12,144 ( Favorable), (b) is 26,400 ( Unfavorable), and (c) is 14,256 ( unfavorable).

Explanation:

According to the scenario, the computation of the given data are as follows:

(a) We can calculate the rate variance by using following formula:

Rate variance = Actual hours × ( Standard rate - Actual rate)

= 27,600 × ( $22 - $22.44)

= -$12,144 ( Favorable)

(b). We can calculate the time variance by using following formula:

Time variance = Standard rate × ( Standard hours - Actual hours)

= $22 × ( 6 × 4,800 - 27,600)

= 26,400 ( Unfavorable)

(c). We can calculate the cost variance by using following formula:

Cost variance = Time variance - rate variance

= 26,400 - 12,144

= 14,256 ( unfavorable)

5 0

3 years ago

Consider the following statement:"Statistics tell us that ice cream sales increase during the summer months. It is also the case

slega [8]

Answer:

Post hoc, ergo propter hoc.

Explanation:

The best statement which explains the above scenario is 'post hoc, ergo propter hoc'. This statement is known as an informal fallacy, according to this statement because burglaries were followed by an increase in ice-cream sales then it means that an increase in ice-cream sales is the cause of burglaries. In other words, if 'y' is followed by 'x' then 'x' must have caused 'y'.

8 0

3 years ago