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3 years ago

A company had no office supplies available at the beginning of the year. During the year, the company

Business

1 answer:

muminat3 years ago

3 0

Answer:

356

Explanation:

the most important idea that you are trying to convey to your reader? The information in each paragraph must be related to that idea. In other words, your paragraphs should remind your reader that there is a recurrent relationship between your thesis and the information in each paragraph. A working thesis functions like a seed from which your paper, and your ideas, will grow. The whole process is an organic one—a natural progression from a seed to a full-blown paper where there are direct, familial relationships between all of the ideas in the paper.

The decision about what to put into your paragraphs begins with the germination of a seed of ideas; this “germination process” is better known as brainstorming. There are many techniques for brainstorming; whichever one you choose, this stage of paragraph development cannot be skipped. Building paragraphs can be like building a skyscraper:

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A company purchased factory equipment on April 1, 2017, for $116800. It is estimated that the equipment will have a $16000 salva

Wittaler [7]

Answer:

$7,560

Explanation:

Calculation for the amount to be recorded as depreciation expense at December 31, 2017

Depreciation expense =( $116,800- $16,000 )

Depreciation expense = $100,800

Depreciation expense =$100,800 / 10 years

Depreciation expense = $10,080

Depreciation expense = 10,080 * (9/12)

Depreciation expense = $7,560

Therefore the amount to be recorded as depreciation expense at December 31, 2017 is $7,560

7 0

3 years ago

The following information is available for the Memphis and Billings companies:

igomit [66]

Answer:

(a) An income statement was prepared for Memphis and Billing Companies (b) The ROA for Memphis is = 5.6% while for Billing is 6.9%.

The ROE for Memphis is 13.9% for Billings it is 17.4%

(d) The Memphis company is the discounter

Explanation:

Solution

Given that:

(A) The Income statement for Memphis and Billing companies

Common size Income statement

Memphis % Billings %

Sales 15,00,000 100 15,00,000 100

The cost of Goods 10,50,000 70 11,25,000 75.00

The Gross profit 4,50,000 30 3,75,000 25.0

Operating expenses 3,50,000 23.3 2,50,00 16.7

Net income 1,00.000 6.7 1,25,000 8.3

(B) We compute the return assets which is given below:

The return on assets is = The net income/Total assets * 100

For Memphis,

The return on assets is = 5.6% ($100,000/18,00,000) * 100

Fro Billings,

The return on assets = 6.9% ($ 125,000/18,00,000) * 100

For the return on equity we have the following given below:

Return on equity is =Net income/Stockholder's equity * 100

For Memphis,

The return on equity =13.9% ($100,000/720,000) * 100

Fr Billings,

The return on equity = 17.4% ($125,000/720,000) * 100

(C) The Billing company is more profitable because it has a higher return on rate on equity than that of the Memphis company.

(D) The Memphis has a lower Net profit margin of 6.7% therefore it is the discounter.

4 0

3 years ago

Who is responsible for following label instructions for using animal care products, or medications in the food supply continuum?

Nikitich [7]

The answer is D I hope this help

7 0

3 years ago

According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at

hoa [83]

Answer:

A. Do so regardless of what type of competition exists in a market.

5 0

3 years ago

What marketing piece identifies a salesperson's credentials and successes?

NemiM [27]

The marketing piece that identifies a salesperson's credentials and successes is Career book.
A salesperson is an individual who sells goods and services to other entities. the successfulness of a salesperson is measure by the amount of sales he or she makes during a given period and how good that person is in persuading individuals to make a purchase. The compensation is dependent on the amount of sales made and a fixed amount.

5 0

3 years ago