Answer:
9,800 units were produced in March
Explanation:
Ending inventory is calculated by adding Beginning inventory in production for the year and deducting any items sold during the year.
The formula for Ending Inventory is as follow
Ending Finished Goods Inventory = Beginning Finished Goods Inventory + Production in the period - Sales Made During the period
As we have the ending Inventory we need to calculate the production during March. Placing the available amounts in the formula
1,400 units = 2,100 units + Production in the period - 10,500 units
1,400 units -2,100 units + 10,500 units = Production in the period
Production in the period = 9,800 units
People with a bachelor's degree<span> make 84% </span>more<span> over a lifetime than high school graduates.</span>
Answer:
Barber's Return on Equity (ROE) is 1.28%
Explanation:
The formula to compute the ROE of Barber is:
ROE = Net Income / Shareholder's Equity
= $250,000 / $195,000
= 1.28%
It is a measure of the profitability ratio which evaluates the firm ability for generating profits from investment of shareholders.
Working Note:
Shareholder Equity of Barber = Beginning capital - Withdrew amount
= $285,000 - $90,000
= $195,000
Answer:
24 dollars
Explanation:
ΔABC ~ ΔEFD
is the pyramid change of the mathametical dad monet
Answer:
(a) $56,730
(b) $36,330
(c) $ 51,800
(d) $24,800
(e) $36,230
Explanation:
(a) Gross profit for the Dalmatian Division:
= Net sales - Total Cost of goods sold
= $87,000 - $30,270
= $56,730
(b) Income from operations from the Dalmatian Division:
= Gross Profit - Direct operating expenses
= $56,730 - $20,400
= $36,330
(c) Gross profit for the Beagle Division:
= Net sales - Total Cost of goods sold
= $99,000 - $47,200
= $ 51,800
(d) Income from operations from the Beagle Division:
= Gross Profit - Direct operating expenses
= $51,800 - $27,000
= $24,800
(e) Total income from operations;
= $36,330 + $24,800
= $61,130
Earnings before interest and taxes:
= Total income from operations - General overhead
= $61,130 - $18,160
= $42,970
Earnings before taxes:
= Earnings before interest and taxes - Interest expense
= $42,970 - $2,040
= $40,930
Net income = Earnings before taxes - Income taxes
= $40,930 - $4,700
= $36,230