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3 years ago

Identify which documents Max needs to open a bank account.

Business

1 answer:

MissTica3 years ago

4 0

Government issued picture ID, as well as a second form of ID. Preferably a social security card.

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Which of the following statements is CORRECT? a. If two firms differ only in their use of debt—i.e., they have identical assets,

defon

Answer: a. If two firms differ only in their use of debt—i.e., they have identical assets, identical total invested capital, sales, operating costs, interest rates on their debt, and tax rates—but one firm has a higher total debt to total capital ratio, the firm that uses more debt will have a lower profit margin on sales and a lower return on assets.

Explanation:

A firm that uses more debt financing will have to pay more interest. Interest is an expense that is deducted from Net Income so the more the debt, the higher the interest payment and the lower the net profit/ income.

Profit margin on sales is calculated by dividing profit by the sales revenue and return on assets is calculated by dividing net income by the average total assets. Both these ratios use the Net income as the numerator so if it is lower as a result of more interest payments, the ratio will be lower as well.

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3 years ago

Which of the following statements is CORRECT?

yarga [219]

Answer:

Option A

Explanation:

Firms treat Weighted average cost of capital(WACC) as the discount rate to calculate the net present value of a business and to evaluate investments that are most essential for capital budgeting.

6 0

4 years ago

"Tom, at Bode Corporation we align our individual goals with the company's goals.

stellarik [79]

Answer:

quantitative management , management by objective , time-and-motion studies

Explanation:

All to manage stress by yourself................................................................................................................................................................................................

4 0

3 years ago

Read 2 more answers

If a company is operating beyond its break-even point, sale of one more unit of product increases the company's profit by the am

zhenek [66]

Answer:

If a company is operating beyond its break-even point, sale of one more unit of products increases the company's profit by the amount of the unit contribution margin.

The correct answer is A

Explanation:

If a company operates beyond the break-even point, any sale of an additional unit increases the company's profit by the amount of the unit contribution margin. This is due to the fact that the fixed cost remains constant and any increase in sale increases contribution and profit by the same amount.

5 0

3 years ago

MOSS COMPANY Selected Balance Sheet Information December 31, 2018 and 2017 2018 2017 Current assets Cash $ 90,650 $ 32,800 Accou

Andru [333]

Answer:

$65,250

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $5,000

Adjustment made:

Add : Depreciation expense $48,000

Add: Decrease in accounts receivable $13,000 ($31,000 - $44,000)

Less: Increase in inventory -$10,700 ($66,000 - $55,300)

Add: Increase in accounts payable $10,700 ($42,400 - $31,700)

Less: Decrease in income tax payable-$750 ($2,650 - $3,400)

Total of Adjustments $60,250

Net Cash flow from Operating activities $65,250

8 0

3 years ago