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:
B.
Explanation:
The benefits of bank reconciliation is to detect errors such as double payments, missed payments, calculation errors etc.
Therefore they will be no need for adjustment to be recorded for bank errors, outstanding checks, and deposits in transit.
Ab. smile at them and make eye contact while you continue to help the first customer so they know they were recognized and not being ignored.
Might seem controversial though :) but I am pretty sure that the correct variant that properly shows the converse of given statement is the third one. As you know, the converse (in plane language) has the same meaning of the statement just by replacing two points. This statement has positive tone (if you make - you ll have) so it's directly coincides with C(you have, cause you have made)
Is there any answers choice or I have to figure it my self
