Write some similarities between health workers, engineer and teacher

The following income statements were drawn from the annual reports of the Denver Company and the Reno Company: Denver* Reno* Net

Lynna [10]

Answer:

1. Gross margin percentage:

For Denver and the Reno is 53% and 27%

2. Return on sales ratio:

For Denver and the Reno is 18% and 10%

Explanation:

1. The formula to compute the gross margin percentage is shown below:

Gross margin percentage = (Gross margin) ÷ (Net sales) × 100

For Denver = ($17,760 ÷ $33,200) × 100 = 53%

For Reno = ($23,850 ÷ $86,900) × 100 = 27%

2. The formula to compute the return-on-sales ratios is shown below:

Return-on-sales ratio = (Net income) ÷ (Net sales) × 100

For Denver = ($6,000 ÷ $33,200) × 100 = 18%

For Reno = ($8,502 ÷ $86,900) × 100 = 10%

6 0

3 years ago

The Massoud Consulting Group reported net income of $1,376,000 for its fiscal year ended December 31, 2021. In addition, during

White raven [17]

Answer:

Statement of Comprehensive Income for 2021;

Net Income = $1,376,000

Other Comprehensive income (loss):-

Foreign Currency Translation Gain (Net of Tax):

= $350,000 - 25% of $350,000

= $350,000 - $87,500

= $262,500

Unrealized losses on investment securities (Net of tax):

= $90,000 - 25% of $90,000

= $90,000 - $22,500

= ($67,500)

Total other Comprehensive income:

= Foreign Currency Translation Gain (Net of Tax) + Unrealized losses on investment securities (Net of tax)

= $262,500 + ($67,500)

= $262,500 - $67,500

= $195,000

Comprehensive Income = Net Income + Total other Comprehensive income

= $1,376,000 + $195,000

= $1,571,000

8 0

3 years ago

Specify which fundamental security design principle applies to the control recommendations?

kipiarov [429]

Specifically the fundamental security design principle applies to the control recommendations of the fundamental security principle.

These principles are developed while keeping in mind the security systems and to prevent damages and flaws. and unwanted access to the system.They are designed by security agencies and homeland security.

Fundamental security has several principles that are implemented in the software which control certain recommendations in the design itself, which is easy to update and modify the security patterns and specific tasks. These works both in hardware and software applications.

To learn more about security here,

brainly.com/question/13041590

#SPJ4

3 0

2 years ago

For a Louisiana partnership in commendam, what duties/responsibilities is the partner in commendam allowed to have and what acti

Natali [406]

Answer:Advising the partners about the business, attend the partnership meetings, vote in matters concerning the partnership, participate in the winding up of the partnership, participate in taken decisions about a change in the nature of the partnership business. (b) if partnerships in commendam participate in the running of the business he is only liable to persons who transact business with the partnership.

Explanation:

This is a form of partnership which is made up of one or more general partners whose liabilities is limited to the amount of their capital contribution to the business . A partnership in commendam does not participate in the running of the business. The name of partnership in commendam must appear in the partnership deed that such a partner is not a general partner. The partnership in commendam is allowed to perform duties such as giving advise to the General partners about the business, attending the partnership meetings, vote in matters concerning the partnership, participate in the winding up of the partnership, participate in taken decisions about the change in the nature of the partnership business.

7 0

3 years ago

If the amount of gasoline available for sale suddenly drops for some reason,

gavmur [86]

The nations selling the gasoline would be in trouble. They would earn less money and the possibility of a depression like the one the US had under Hoover and FDR would occur.

3 0

3 years ago

Write some similarities between health workers, engineer and teacher​

Write some similarities between health workers, engineer and teacher