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Mkey [24]
4 years ago
3

Ashley is a finance executive. She has gathered all the data from different departments regarding the finances expended as well

as earned in the process of selling a product. She needs to prepare an income statement. How should she start preparing the income statement?
Business
1 answer:
Firdavs [7]4 years ago
4 0

Answer:

The income statement always starts with total revenues. Then you start to subtract different items. A common income statement should follow this format:

To properly follow a format,we must start with the header: Company XYZ, Income Statement, December 31, Year 202X.

  • We must determine total revenue: we should add all the revenue items.
  • Minus cost of goods sold.
  • Gross profit = total revenues - COGS

  • Minus operating expenses: basically operating and administrative expenses.
  • Earnings before interest and taxes (EBIT) = gross profit - operating income

  • Minus interest expenses.
  • Minus income taxes.

  • Net income = EBIT - interests - taxes

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Amy is a package delivery service manager. She is interested in implementing ___________, the management philosophy pioneered by
ValentinkaMS [17]

Answer:

The correct answer is Scientific Management

Explanation:

The Principles of Scientific Administration is a monograph published by Frederick Winslow Taylor in 1911. This influential monograph, which ordered the principles of scientific administration, is a transcendental text of modern organization and decision theory that has motivated students and administrators about administrative technique. Taylor was an American manufacturing manager, mechanical engineer, and subsequently an administrative consultant in later years. This character is commonly known as "The Father of the Scientific Administration." His approach is also referred to as Taylor Principles or Taylorism.

8 0
3 years ago
7. GH Company has $5000 of debt and $20,000 of equity. GH pays 5% interest on all of its debt. GH has an equity beta of 2. The m
Artyom0805 [142]

Answer:

WJK's Unlevered Beta = 1.7

 Expected rate of return = 13%

Financial leverage = 0.25

Explanation:

given data

debt = $5000

equity = $20,000

interest = 5%

equity beta  = 2

market risk premium = 5.5%

risk free rate of return = 2%

marginal tax rate = 30%

solution

we find here Unlevered Beta that is

Unlevered Beta = \frac{Beta (Levered)}{{1 + [ (1- tax rate)* (\frac{Debt}{Equity})]}}    ...........................1

as that we can say  

WJK's Unlevered Beta = \frac{Beta of GH (Levered)}{{1 + [ (1- tax rate)* (\frac{Debt of GH}{Equity of GH})]}}

put here value we get

WJK's Unlevered Beta = \frac{2}{{1 + [ (1- 0.3)* (\frac{5000}{20000})]}}

WJK's Unlevered Beta = \frac{2}{1.18}

WJK's Unlevered Beta = 1.7

and

Expected rate of return on equity of GH using CAPM = Risk free rate + Beta of GH ×  (Market risk premium)

Expected rate of return =  2% + 2 × (5.5%)

 Expected rate of return = 13%

and

Financial leverage will be here

Financial leverage = \frac{Debt}{Equity
}

Financial leverage = \frac{5000}{20000
}

Financial leverage = 0.25

5 0
4 years ago
property has Gross Scheduled Income of $100,000. The vacancy rate and credit rate allowance is 3% whereas Operating expenses are
Ugo [173]

Answer:

The answer is "10.5\%"

Explanation:

Following are the Cap rate:

 = \frac{(Income \times (1 - vacancy\  rate) - operating \ expense)}{\text{purchase price of property}}

= \frac{(\$ 100,000 \times 0.97 - \$ 34,000)}{\$ 600,000}\\\\= \frac{\$ 63,000}{ \$ 600,000}\\\\= 10.5\%

8 0
3 years ago
1. Why is money management important? How would you rate your own money management?
rodikova [14]
Money management keep you away from from debt, to Manage my money I keep a budget trying not to go over my budget buying only thing I need. I believe in saving for tomorrow in case of emergency cause tomorrow is mystery you most be prepared for it.
8 0
3 years ago
Read 2 more answers
Abigail does not feel that the company is paying her enough money to live on, despite the fact that she works hard. The quality
Yanka [14]

The correct answer is hygiene factors. Hygiene factors is being describe as the job dissatisfaction that an individual feels for the job that he or she is in. The individuals are adequately addressed by this, they are likely not to be dissatisfied or will be satisfied.

5 0
3 years ago
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