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jekas [21]
3 years ago
10

A food manufacturer reports the following for two of its divisions for a recent year.

Business
1 answer:
hram777 [196]3 years ago
7 0

Answer:

1. 13.8% and 14.6%

2. 13.6% and 16.5%

3. 1.01 times and 0.88 times

Explanation:

The computations are shown below:

1. Return on investment = Operating Income ÷ Average invested Assets

where, average invested assets would be

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division, it would be

= $366 ÷ {($2,696 + $2,610) ÷ 2}

= $366 ÷ $2,653

= 13.8%

For Cheese Division, it would be

= $651 ÷ {($4,489 + $4,417) ÷ 2}

= $651 ÷ $4,453

= 14.6%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division, it would be

= ($366 ÷ $2,698) × 100

= 13.6%

For Cheese Division, it would be

= ($651 ÷ $3,942) × 100

= 16.5%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division, it would be

= $2,698 ÷ {($2,696 + $2,610) ÷ 2}

= $2,698 ÷ $2,653

= 1.01 times

For Cheese Division, it would be

= $3,942 ÷ {($4,489 + $4,417) ÷ 2}

= $3,942 ÷ $4,453

= 0.88 times

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Answer:

b. It creates equality throughout society

Explanation:

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It leads to increase in productivity from knowledge specialisation, based on advantage (absolute, comparative) based production. It also makes people better off, increase in welfare due to choice expansion among differing preferences.

However, it is not in anyways connected to equality throughout society.

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The questions of economics address which of the following? Chec
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Answer:

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3 years ago
What is the maximum amount you would pay for an asset that generates an income of $250,000 at the end of each of five years, if
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<h3>What is an asset?</h3>

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3 0
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Why do we have a graduated income tax?​
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2 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share. On March 1, a dividend of
Kitty [74]

Explanation:

The computations are shown below:

a. Proceeds from the short sale (net of commission)

= Number of shares × (Market selling price per share - commission per share)

= 100 × ($25 - $0.10)

= $2,490

b. The dividend payment is

= Number of shares × dividend paid per share

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= $860

6 0
3 years ago
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