Question a)
The sum of the <u>Total assets</u> plus <u>total fixed assets</u> results in <u>total assets</u>.
Question b)
The division of <u>Net sales</u> over <u>total assets</u> results in <u>Asset Turnover</u>
Question c)
The subtraction of the <u>cost of good sold</u> from <u>net sales</u> is equal to the <u>gross margin</u>
Question d)
The subtraction of <u>Operating expenses</u> from <u>gross margin</u> results in the <u>Net Operating profits, before the taxes.</u>
Question e)
The subtraction of <u>Taxes</u> from <u>Net Profit before tax</u> results in <u>Net profit after taxes</u>
Question f)
The division of <u>Net profit after tax </u>over the <u>Net saves</u> gives you the <u>Net profit margin percentage.</u>
Question g)
The division of <u>Net profit Margin percent</u> over the <u>asset turnover </u>results in a <u>return on assets. </u>
The global market entry strategy that Mary Kay used when it entered
India was the exporting market entry strategy. The priorities of Mary Kay when
doing business was God first, family second and career third. In India however
it was adapted that faith first, family second and career third. Mary Kay does this for the purpose of the
religion and for the sake of respecting those who practice their religions.
Answer: $40,000
Explanation:
The gain from discounted operations assuming no income taxes, is the gain from the sale of the asset less the net operating losses in the period.
= Gain from Sales of Asset - Net losses in period
= 90,000 - ( 20,000 + 30,000)
= $40,000