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Helga [31]
3 years ago
13

What is the company’s financial position? Please refer to the income statement and balance sheet for the Exceptional Service Gra

ding Company available here. Using the learning resources provided in the Reading Assignment, perform a financial ratio analysis of the company using the following ratios: • Gross profit margin • Current ratio • Debt ratio

Business
1 answer:
LuckyWell [14K]3 years ago
8 0

Answer:

Gross profit margin requires revenue and gross profit of the company.

Current ratio = 1.386 x

Debt ratio = 0.123 x

Explanation:

Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold

Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio =  4612200/3325950 = 1.386x

Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable  = 454800 + 277550

therefore debt ratio = 732350 / 5957800 = 0.123x

attached is the income statement and balance sheet

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meriva
Alright, so we start out with $12000, and we'd add from there. Since we add 1$ for every passenger, our equation with p being the number of passengers would be 1*p (e.g. for 1 passenger we have 1*1=1, 2 passengers we have 1+1(2 times)=2). Substituting 50,000 for p, we have 1*50,000=50,000. Next, we have to add 12,000 to that (as that's a flat fee) to get 50000+12000=62000
6 0
4 years ago
On January 1, Andrea reviews her investment portfolio and finds out that she has had a very profitable year. To offset some of h
butalik [34]

Answer:

$5,000 realized, but not recognized loss

Explanation:

Based on the above information given we were told that two years earlier She purchased some shares for the amount of $15,000 in which in order for her to offset few of her gains she sells those 100 shares of Bear Corporation for the amount of $10,000 making her to REALIZED the amount of $5,000 ($15,000-$10,000) reason been that a loss will be realized instantly in a situation were an assets is sold out for a loss.

Therefore the tax consequences to Andrea this year will be the amount of $5,000 Realized, but not recognized loss.

8 0
3 years ago
the of a business, agency, household, or another economics unit involves the acquisition and use of financial resources and the
dolphi86 [110]

'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.

Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.

Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.

Financial Management is defined as the management and analysis of money and investments for the purpose of making business decisions by individuals or organizations. An example of financial management is the work of a company's accounting department.

Learn more about financial management brainly.com/question/989344

#SPJ4

5 0
2 years ago
A consumer products company has collected some data relating monthly demand to the price of one of its products: 4. Price Demand
cestrela7 [59]

Answer:

Linear function. It is actually a negative linear graph. for the products prices increases, there was a noticeable decrease in demand

slope y=-225/8x+19275/8

y=1987.5

y=1903.125

Explanation:

A consumer products company has collected some data relating monthly demand to the price of one of its products: 4. Price Demand $111100 2,100 $13 2,020 1,980 1,875 $19 What type of model would best represent these data?

Linear function. It is actually a negative linear graph. for the products prices increases, there was a noticeable decrease in demand

slope is

m=y2-y1/(x2-x1)

PICKING TWO POINTS

(11,2100) and (19,1875)

m=1875-2100/(19-11)

m=-225/8

as the slope

(11,2100). y=mx+b or

2100=-225/8 × 11+b,

solving for b: b=2100-(-225/8)(11).

b=19275/8.

(19,1875). y=mx+b or 1875=-225/8 × 19+b, or solving for b: b=1875-(-225/8)(19).

b=19275/8. is the intercept

y=mx+c is the equation of  line graph

y=-225/8x+19275/8

when x=15

y=1987.5

when x=18, y=

-225/8(18)+19275/8

y=1903.125

6 0
3 years ago
Which of the scenarios are examples of free riding? Bob can pay to support his local public radio station, which depends on dona
Helen [10]

Answer:

Bob can pay to support his local public radio station, which depends on donations to be as effective as possible. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.

Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64

Explanation:

Free riding is a form of market failure where a person who benefits from a good or service doesn't pay for it.

Bob enjoys the radio but doesn't support it and Jim doesn't participate in the group project but expects to earn a good grade; these are examples of free riding.

Karl doesn't benefit from the street light and doesn't pay; hence, he is not free riding.

I hope my answer helps you.

5 0
3 years ago
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