Answer:
To find the net worth, subtract the liabilities from the assets
Explanation:
Answer:
D. Lily because her final cost, including finance charges, is less than Veronique’s.
Explanation:
just took the pre test
Answer: 6250
Explanation:
From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:
Contribution margin ratio = (Sales price - Variable cost)/Sales price
= (50-34)/50
= 16/50
= 0.32
Sales = (66,000 + 34,000)/0.32
= 100,000/0.32
= 312,500
Sales volume in units will be sales divided by price. This will be:
= 312,500/50
= 6250
<span>No, Herman is not discriminating based on age so he is not violating the age discrimination in employment act. What he is doing is requesting recent employment history because the recent history given is at least 20 years old. This has nothing to do with the age of the applicant, which is what is necessary for there to be a discrimination, but all to do with whether the applicant has recent relevant experience.</span>
Answer:
(a)
(1) return on assets = 8.6%
(2) asset turnover = 2.5 times
(3) profit margin = 3.45%
Explanation:
Given
Net sales = $10,700.0
Net earnings = $365.0
Total assets, ending = $4,155.0
total assets, beginning = $4,340.0
(a)
(1) Return on assets = net income/average total assets
= 365/((4155 + 4340)/2)
= 365/(8495/2)
= 730/8495
= 0.0859
≈ 0.086 ≈ 8.6% (rounded to 1 decimal place)
(2) Asset turnover = net revenue/average total assets
= 10700/((4155 + 4340)/2)
= 10700/(8495/2)
= 21400/8495
= 2.5 times (rounded to 1 decimal place)
(3) Profit margin = net earning/net sales
= 365/10700
= 0.034 ≈ 3.45% (rounded to 1 decimal place)
