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3 years ago

Puffy's Pastries generates five cents of net income for every $1 in equity. Thus, Puffy's has _______ of 5 percent.

Business

1 answer:

kap26 [50]3 years ago

5 0

Answer: return on equity

Explanation:

The return on equity is simply a measure of how profitable a business will be when it's being compared to its equity. Return on equity is the net income divided by the equity. It can also be gotten when liabilities is deducted from assets.

In the above analysis, return on equity equals 5% because 100 cents make 1 dollar. Therefore, 5/100 × 100 gives 5%.

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During the year, a firm purchased $256,900 of merchandise and paid freight charges of $36,870. If the total purchases returns an

olga nikolaevna [1]

The net delivered cost of purchases is $270920

<u>Explanation:</u>

The given data in the question is as follows:

purchases = $256900, freight charges paid = $36870, purchase returns and allowances = $13690, purchase discounts = $9160

The net delivered cost of purchases is calculated as follows:

Purchases plus frieght charges minus purchase returns and allowances and minus purchase discounts

Purchases = $256900

add: freight charges paid = $36870

less: purchase returns and allowances = $13690

less: purchase discounts = $9160

net delivered cost = $270920

Therefore, the correct answer is $270920

6 0

3 years ago

The Fox Company uses the weighted average method. The beginning work in process consists of 20,000 units (100% complete as to ma

Natali5045456 [20]

Answer:

EU conversion 82,000

Explanation:

for WA we calcualte equivalent units as comeplted units plus percentage of completion on ending WIP inventory

completed units 80,000

ending WIP inventory

10,000 x 20% = 2,000

EU conversion 82,000

There is not distinction betwene started and comeplted like FIFO because the cost will be calcualte on average. The order on which the units are made does no influence under weighted average method.

6 0

3 years ago

Yummy Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2021, and charged the $4,200 premium t

WINSTONCH [101]

Answer:

Explanation:

The adjusting entry is shown below:

Prepaid insurance A/c Dr $3,375

To Insurance expense A/c $3,375

(Being the prepaid insurance is recorded)

The computation is shown below:

Since there is a premium to insurance expense is $4,200

For 1 year it would be

= $4,200 ÷ 2 year

= $2,100

And it is to charged for 5 months also,

= $2,100 × 5 month ÷ 12 months

= $875

So, the adjusted amount equal to

= $4,200 - $875

= $3,325

4 0

3 years ago

the marketing concept is a ______________ that guides the overall activities of an organization. it has evolved over time from

mixer [17]

The answer is <span>management philosophy; product orientation; market orientation
Management philosophy refeers to management practices that derived from one's personal opinion,
product orientation refers to a business strategy that disregards consumers' opinion and focus on building the best possible product,
Market orientation refers to a business strategy that disregards the quality of the products as long as it fulfill consumers' opinion/needs.</span>

8 0

3 years ago

you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team i

garik1379 [7]

Subscription to the automation software such as Zappier

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3 years ago