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3 years ago

when comparing companies in different industries a higher profit margin always indicates which company has better management

1 answer:

4 0

Answer: B. When comparing companies in different industries, a higher profit margin always indicates which company has better management performance

Explanation:

The profit margin refers to how much profit the company is making given the amount of sales it makes. It is therefore very dependant on the expenses incurred by the company.

This is why comparing management in different industries by using the Profit margin is like comparing apples and oranges. Industries are different and so are their methods of operation. One industry might require more expenses than another and still only make less sales which would impact it's profit margin negatively.

Profit Margin is best used for companies in the same industry.

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According to a 2002 article in USA Today that was discussed in chapter 5, a researcher has found that 11 of the 15 largest compa

lawyer [7]

Answer:

interlocking directorates

Explanation:

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3 years ago

If estimated annual factory overhead is $480,000; overhead is applied using direct labor hours; estimated annual direct labor ho

VashaNatasha [74]

Answer:

Undeapplied overhead= $200

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 480,000 / 200,000

Predetermined manufacturing overhead rate= $2.4 per DLH

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2.4*17,000

Allocated MOH= $40,800

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 41,000 - 40,800

Undeapplied overhead= $200

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3 years ago

The balance sheets for Plasma Screens Corporation, along with additional information, are provided below:

Nutka1998 [239]

Answer:

Please see the Cash Flow Statement for Plasma Screens Corporation below:

Explanation:

PLASMA SCREENS CORPORATION

Statement of Cash Flows

For the Year Ended December 31, 2021

CASH FLOWS FROM OPERATING ACTIVITIES $

Net Income 68,000

Adjustments to reconcile net income to

net cash provided by operating activities:

Depreciation on Fixed Assets 161,000

(Increase) Decrease in Current Assets:

Accounts Receivables 13,900

Inventory (14,900)

Prepaid Rent (1,900)

Increase (Decrease) in Current Assets:

Accounts Payable 13,900

Interest Payable (6,900)

Income Tax Payable 2,900

NET CASH PROVIDED BY OPERATING ACTIVITIES 236,000

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Equipment (109,000)

NET CASH USED IN INVESTING ACTIVITIES (109,000)

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Notes Payable (115,000)

Payment of Cash Dividends (24,500)

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES (139,500)

NET INCREASE (DECREASE) IN CASH (12,500)

Cash Balance, December 31 2020 154,300

Cash Balance, December 31 2021 141,800

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4 years ago

Why are taxes paid to different levels of government in the United States (local, state, and federal governments)?

MrMuchimi

the reason why taxes are paid to different levels of government in the united states is because Different levels of government supply different services. In order for them to do these different services, they need financial backing to pay up their employee, which mostly acquired through our tax payments.

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3 years ago

Which of the following is NOT a strong warning sign of potentially violent behavior?

miv72 [106K]

Do you have answers we can pick from?

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4 years ago