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3 years ago

Normative and positive statements

Business

1 answer:

kvasek [131]3 years ago

3 0

Answer:

Positive statement:

It is basically based on target and truth. Moreover, optimistic deliveries are have to be compelled to validate or nullified yet can't correct than

Normative Statement:

Adaptable announcements are particular and also the materials are value primarily based. The statements are basically valuation primarily based so that they can't be tried.

Since the statement 1 are often proved or contradicted by grouping and evaluating the information, thus this can be a positive statement.
Since the statement 2 is opinion primarily based, we tend to can't take a look at it, and thus this can be a normative statement.
Since the statement 3 are often tested by seeing those conditions. Hence, this can be a positive statement.
Since the statement 4 is opinion primarily based, thus we tend to can't take a look at it. Therefore, this can be a normative statement.

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Adams Corporation’s balance sheet indicates that the company has $510,000 invested in operating assets. During 2018, Adams earne

KiRa [710]

Answer:

Profit Margin = 5.1%

Asset Turnover Ratio = 2:1

ROI (Normal) = 10.20%

ROI (Scenario 1) = 10.80%

ROI (Scenario 2) = 10.60%

ROI (Scenario 3) = 12.75%

Explanation:

Normal Scenario

Profit Margin = Operating Income ÷ Sales Revenue for the year

Profit Margin = $52,020 ÷ $1,020,000 = 5.1%

Asset Turnover Ratio = Sales Revenue ÷ Operating Assets

Asset Turnover Ratio = $1,020,000 ÷ $510,000 = 2 : 1

Return on Investment = Operating Income ÷ Operating Assets

Return on Investment = $52,020 ÷ $510,000 = 10.20%

Scenario 1

Return on Investment = $55,080 ÷ $510,000 = 10.80%

Scenario 2

Return on Investment = $54,060 ÷ $510,000 = 10.60%

Scenario 3

Return on Investment = $52,020 ÷ $408,000 = 12.75%

5 0

3 years ago

Teddy's Pillows had beginning net fixed assets of $471 and ending net fixed assets of $550. Assets valued at $319 were sold duri

photoshop1234 [79]

Answer:

Net Capital Spending = $121

Explanation:

The Net Capital Spending is the amount of money a company spends in the acquisition of fixed assets during the year. Mathematically, it is represented as:

Net Capital Spending = Ending net fixed asset - Beginning net fixed asset + depreciation

Net Capital Spending = 550 - 471 + 42 = $121

∴ Net Capital Spending = $121

3 0

3 years ago

Becky’s daughter was in the sixth grade and growing very fast. In early fall, her daughter tried on her soccer cleats from the s

olga nikolaevna [1]

Answer:

Purchase decision process

Explanation:

A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.

Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.

As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc

I hope this helps.

5 0

3 years ago

It is not advisable for a worker who is satisfied with their job to improve their skills. Please select the best answer from the

Mila [183]

Answer: False

Explanation: I just took the practice test

6 0

3 years ago

Read 2 more answers

Reviewing and evaluating records used to prepare a company's financial statements is referred to as ______.

MaRussiya [10]

Answer:

Auditing

Explanation:

Auditing means the audits of the financial statement or the objective examination and the financial statement of the company could be evaluated. It is performed by the third party i.e. auditor. It can be performed by the internal parties and government entity like the internal revenue service

So the review and evaluation of the financial records is called as the auditing

3 0

3 years ago