Answer: The correct answer is a corporate chain store.
Explanation: A corporate chain store is defined as two or more outlets owned and controlled, employing central buying and merchandising, and selling similar lines or merchandise. This is exactly what Gap and Pottery barn do - they are basically operating two different, but very similar, retailers under the same corporate umbrella.
The total amount she received in dividend check would D. $103.40
Is there a specific establishment?
Answer:
gross profit ratio = gross profit / net sales = $1,126,000 / $3,086,000 = 36.49%
return on assets = net income / total assets = $139,000 / $946,000 = 14.69%
profit margin = net income / net sales = $139,000 / $3,086,000 = 4.5%
asset turnover = net sales / average total assets = $3,086,000 / [($946,000 + $794,200) / 2] = 3.55 times
return on equity = net income / shareholders' equity = $139,000 / $547,000 = 25.41%
price earnings ratio = current sock price / earnings per share = $28.30 / $1.40 = 20.21 times
Given oppurtunity cost in an account. The family's net profit is $10,000, but in accounting terms it would be ($10,000).