Answer:
Profit margin = net profit / total sales = $78 / $5,200 = 1.5%
Asset turnover = total sales / average total assets = $5,200 / ($2,990 + $3,510) = 1.6
Return on assets = net income / average total assets = $78 / $3,250 = 2.4%
Return on common stockholders’ equity = net income / average stockholders' equity = $78 / ($992 + $1,031) = 7.71%
Gross profit rate = gross profit / total sales = $1,716 / $5,200 = 33%
Answer:
Verbal communication in the workplace.
Explanation:
Being voice a part of the skills and knowledge for effective communication, an in-depth interviews of top management and communicators is essential to design an effective employee communication program to gather, convey and receive information and people skills
, respecting cultural differences and related legislation.
This knowledge and skills will structure the ability to communicate effectively with employees during the day in the workplace.
Answer:
C: Civil law and private law only
Explanation:
This won't be part of Public law as it generally works on the relationship between civilians and the government. However, in such a case, the matter can be sought privately, between molly and the owner of the car she damaged.
Obviously,. due to state laws in place that prohibit using a cell phone while driving this might also become a civil law situation.
Answer:
The depreciation expense for year 1 is $16,000
Explanation:
Depreciation: The depreciation was occurred due to tear and wear, obsolesce, time period, etc
Under the straight-line method, the depreciation should be charged with the same amount over the useful life.
The calculation is shown below:
= ![\dfrac{(original\ cost - residual\ value)}{(useful \ life)}](https://tex.z-dn.net/?f=%5Cdfrac%7B%28original%5C%20cost%20-%20residual%5C%20value%29%7D%7B%28useful%20%5C%20life%29%7D)
= ![\dfrac{(\$90,000 - \$10,000)}{(5 \ years)}](https://tex.z-dn.net/?f=%5Cdfrac%7B%28%5C%2490%2C000%20-%20%5C%2410%2C000%29%7D%7B%285%20%5C%20years%29%7D)
= $16,000
The depreciation should be charged for $16,000 in year 1. Moreover, it is shown in the income statement in the debit side and in the cash flow statement also.