1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GrogVix [38]
3 years ago
9

The following income statement and balance sheets for Virtual Gaming Systems are provided.

Business
1 answer:
Naddika [18.5K]3 years ago
7 0

Answer:

gross profit ratio = gross profit / net sales = $1,126,000 / $3,086,000 = 36.49%

return on assets = net income / total assets = $139,000 / $946,000 = 14.69%

profit margin = net income / net sales = $139,000 / $3,086,000 = 4.5%

asset turnover = net sales / average total assets = $3,086,000 / [($946,000 + $794,200) / 2] = 3.55 times

return on equity = net income / shareholders' equity = $139,000 / $547,000 = 25.41%

price earnings ratio = current sock price / earnings per share = $28.30 / $1.40 = 20.21 times

You might be interested in
Individuals with the primary responsibility for administering the systems that house the information used by the organization pe
Angelina_Jolie [31]

Answer:

"System administrators" is the right approach.

Explanation:

  • The system administrator seems to be an entity that maintains or operates a multi-standard technology environment and ensuring that Its resources and operating structures operate consistently and optimally.
  • It has been used throughout the broad organization to identify each administrator concerned for such a specialized IT system, including one which services servers.
3 0
3 years ago
A. trade-off<br>B. investment<br>C. frontier<br>D. growth ​
disa [49]

Answer:

The answer is "Option C"

Explanation:

The curve on the graph is also known as the arc, which is used in the connected mixture of perceptual lines to three additional lines in standard dual points. The Frontier production options is a nice graph of all the various output mixture of different products which can be produced utilizing existing techniques and knowledge.

3 0
3 years ago
A firm in a perfectly competitive market: a.must reduce its price if it wants to sell a larger quantity. b.must be large relativ
mr Goodwill [35]

A firm in a perfectly competitive market: d. must take the price that is determined in the market.

<h3>What is a perfectly competitive market?</h3>

A perfectly competitive market can be defined as a type of market in which there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This ultimately implies that, all business firms in a perfectly competitive market must be willing to take the price that is determined in the market.

Read more on price here: brainly.com/question/11898489

#SPJ1

4 0
2 years ago
___________ typically refers to the promotion and sale of different versions of a media product across the various subsidiaries
Gelneren [198K]

Answer: Synergy

Explanation:

Synergy is described as the intercommunication in between two or more entities in order to construct a collaborative effect. This effect is known to be greater than the effort that would have be in place , if they were acting alone. In comparison to the cross media concurrence, the synergy takes place when the media commodity is being advertised across the other platforms. Example, a commodity being promoted in a movie.

5 0
3 years ago
A customer comes into your shop carrying a gorgeous oval bowl. It’s very large and low, and has a pale gray crackled glaze. He t
ivann1987 [24]
<span>To keep the tulips from bending as they often do, you tie them with raffia, a technique known as B. skeletonizing

This type of technique helps the flowers be tied together. The raffia is used like a skeleton for the flowers to stand straight. It supports the tulips, preventing them from bending. </span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Tina’s Manufacturing Company reported total variable cost of $1,000,000. The managerial accountant reported 50,000 total number
    7·1 answer
  • A company is benchmarking against a competitor. The company currently has an average PIIS of 87% on 531 SKUs. The competitor man
    6·1 answer
  • A minor explosion occurs at the chemical processing plant of Clement Inc. In order to study the situation and make recommendatio
    11·1 answer
  • Jen's dad sends her to the grocery store for a few last-minute dinner items. jen repeats the list of 10 items as she walks to th
    7·1 answer
  • Markel how your day it good
    8·1 answer
  • In much of the United States and Canada, logging takes place in both privately owned and government-owned forests. a. Privately
    11·1 answer
  • At the end of 2008, how many businesses were operating in the United States?
    15·1 answer
  • 25. A firm that uses weighted average process costing has 400 units in Beginning Inventory that are 80% complete. During the per
    13·1 answer
  • A company's $100, 8% preferred is currently selling for $85. What is the company's cost of preferred equity?
    13·1 answer
  • When a license has been revoked what is the soonest the licensee can apply to the state to become a real estate licensee again?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!