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DochEvi [55]
2 years ago
7

Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st

arted 5 years ago. In the current year, both companies pay 7% interest on their debt to creditors. The following additional information is available. Roak Company Clay Company Current Yr 1 Yr Ago 2 Yrs Ago Current Yr 1 Yr Ago 2 Yrs Ago Total asset turnover 4.6 4.3 4.5 3.0 3.0 2.6 Return on total assets 9.0% 12.6% 13.2% 5.9% 5.6% 5.3% Profit margin ratio 3.9% 4.0% 3.8% 5.8% 6.0% 5.9% Sales $485,000 $455,000 $471,000 $285,000 $245,000 $185,000 1. (a) Which company has the better profit margin
Business
1 answer:
babunello [35]2 years ago
8 0

Answer: Clay Company

Explanation:

Based on the information given, the current, previous year and two previous years beforehand profit margins of Clay company are greater than the corresponding profit margins of Roak company.

This means that Clay company has a better profit margin and shows that they retain a higher percentage of their revenue after costs are taken out as opposed to Roak company.

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Answer:

the Hawthorne effect

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Therefore, according to the given question, Pete Jazoni's output nearly doubled once it was selected for special attention by experts. This is an example of the Hawthorne effect.

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3 years ago
The point where P1 and Q1 intersects represents the
Lena [83]
Good evening, Benedettoanna24!

The point where P1 and Q1 intersects represent the equilibrium (Q) price, a price that represents the same amount of supply and demand in the market of that product.

I hope this answer has satisfied your needs, and if you have anymore questions, feel free to ask. Have a good night!
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3 years ago
20 POINTS FOR THE ANSWER
Furkat [3]

Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.

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6 0
1 year ago
Arthur mails an offer to Brian on June 15. Brian receives the offer on June 16. Arthur mails a revocation of the offer on June 1
il63 [147K]

Answer:

hm I think the answer is D

Explanation:

4 0
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In what ways do goals and objectives help managers control the organization? How do specific and measurable goals affect employe
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