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nevsk [136]
3 years ago
11

Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 20

16 as the base. 2017 2016 Net sales $ 285,200 $ 233,200 Cost of goods sold 150,100 131,390 Operating expenses 53,440 51,440 Net earnings 29,820 21,620
Business
1 answer:
Nookie1986 [14]3 years ago
8 0

Answer:

See below.

Explanation:

Trend percentages for net sales can be calculated by comparing base year sales to the current year sales.

For 2016

Base year 2016 Sales = $233,200

Current year sales (2016) = $233,200

Trend percentage = 233,200 / 233,200 = 1.00 * 100% = 100%

For 2017

Base year 2016 Sales = $233,200

Current year sales (2017) = $285,200

Trend percentage = 285,200 / 233,200 = 1.22 * 100% = 122%

Using the same formula for trends we can calculate multiple percentages for analysis.

Hope that helps.

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Answer: psycologist

Explanation:

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2 years ago
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Last year, The Pizza Joint added $6,230 to retained earnings from sales of $104,650. The company had costs of $87,300, dividends
Dmitrij [34]

Answer:

$2,503 = Depreciation Expense

Explanation:

Net profit = $6,230 that is amount added to retained earnings.

Net profit = Sales - Cost - Depreciation - Interest - Taxes - Dividends

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Costs = $87,300

Interest = $1,620

Earnings before depreciation and taxes = $104,650 - $87,300 - $1,620 =  $15,730

Earnings after interest depreciation and taxes = $6,230 + $2,500 = Net profit + Dividend = $8,730

Therefore

(15,730 - Depreciation) - (15,730 - Depreciation) \times 34% = $8,730

$15,730 - Depreciation - ($5,348 - 0.34 Dep) = $8,730

$10,382 - 0.66 Depreciation = $8,730

$1,652 = 0.66 Depreciation

$2,503 = Depreciation Expense

7 0
3 years ago
Pat manages the customer care department of her firm. She is very happy with her team of 15 customer care representatives​ who'v
Serggg [28]

Answer:

Motivation

Explanation:

<em>Motivation in work is when employees are incentivized due to their good performance</em>, this happens when they provide the company a greater value. There are two kinds of motivation:

  • Internal: it includes emotions and thoughts, <em>in the exercise given this internal motivation is letting the team know that they are doing good</em>
  • External: includes salary and work environment, <em>in the case given the bonuses are the external motivation</em>

I hope you find this information is useful and interesting! Good luck!

3 0
2 years ago
Sorenson LLC, a publicly traded company, has ten members on its board. Of the ten members, six members are employees of the comp
Vesnalui [34]

Answer:

D. 7

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Based on the information provided within the question it can be said that they need to appoint a total of 7 outside board members to achieve board independence. This is because in order to achieve board independence the board needs to consist of more members that are not employees than those who are. This is because votes need to be made in accordance to what is best for the company and shareholders, which may not always be best for the employees. Therefore when voting the employees may be biased.

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3 years ago
At a Hallmark store you can find several lines of greeting cards, including Fresh Ink, Nature's Sketchbook, Shoebox, Maxine, Mah
vova2212 [387]

Answer:

Demographic.

Explanation:

Market Segmentation  is the process of dividing a particular market into sections, which display similar characteristics or behaviour.

There are a number of segmentation variables that allow an organisation to divide their market into homogenous groups.

Types of Segmentation:

-Psychographic Segmentation.

-Geographic Segmentation.

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Age- Businesses often target certain age groups. Good examples are toothpaste – look at the variety of toothpaste products for children and adults) and toys (e.g. pre-school, 5-9, 10-12, teen, family) .

Gender- We all know that males and females demand different types of the same product. Great examples include the clothing, hairdressing, magazine, toiletries and cosmetics markets .

Income- Many companies target rich consumers with luxury goods (e.g. Lexus, Bang & Olufsen). Other businesses focus on products that appeal directly to consumers on low incomes (e.g. Aldi and Lidl (discounted groceries) and fast-fashion retailers such as TK Maxx) .

Social class- Many businesses believe that a consumers "perceived" social class influences their preferences for cars, clothes, home furnishings, leisure activities and other products & services.

8 0
3 years ago
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