For every A you earn on your report card, your grandma gives you a twenty dollar bill. This is an example of

The following information is taken from the records of Erie Corp.(in thousands) for the year ended on December 31: 2019 2018 Sal

den301095 [7]

Answer:

Favourable Changes:

Sales

Gross Profit

Operating Income

Interest Expense

Net Income

Unfavourable Changes:

Cost Of Sales

Selling Expenses

General Expenses

Other Revenue

Income Taxes

Explanation:

Observe Movement from 2018 results to 2019 results

Erie Corp

Vertical Analysis of Income Statement

2019 2018

Sales 1,397 1,122

Less Cost Of Sales 935 814

Gross Profit 462 308

Less Operating Expenses

Selling Expenses 154 121

General Expenses 88 77

Operating Income 220 110

Less Non- Operating Expenses

Other Revenue 4 7

Interest Expense 2 9

Income Taxes 134 66

Net Income 88 42

8 0

3 years ago

List one method for accepting a job offer and one method for rejecting a job offer.

Sophie [7]

For both accepting and rejecting, thank the employer for the wonderful opportunity that was given. When accepting state that you are happy with the employment terms, and the salary that was given. When rejecting tell the employer thank you, but simply state how there may have been better opportunities, or how the job was not the right fit for you. Both should be done either by email or phone.

8 0

3 years ago

Read 2 more answers

Online Book Merchants offers premium customers 1 free book with every purchase of 5 or more books and offers 2 free books with e

EastWind [94]

Answer:

A statement that assigns freeBooks the appropriate value based on the values of the boolean variable isPremiumCustomer and the int variable nbooksPurchased.

if(nbooksPurchased > 4){

if(isPremiumCustomer){

freeBooks = 1;

if(nbooksPurchased > 7){

freeBooks = 2;

}

}else{

freeBooks = 0;

if(nbooksPurchased > 6){

freeBooks = 1;

}

if(nbooksPurchased > 11){

freeBooks = 2;

}

}else{freeBooks = 0;}

Explanation:

5 0

3 years ago

Which of the following information you may obtain from a client is the best example of qualitative information?A)Whether he has

Oksanka [162]

The amount of his monthly net cash flow is the best example of qualitative information

The choice usefulness, decision model approach to accounting theory plays a significant supportive role in the utilization of qualitative traits or qualities required for information. The attributes that make the data supplied in financial statements valuable to users are referred to as qualitative qualities.

Fundamental qualitative traits that are desired in accounting information are produced by the demand for accounting information from investors, lenders, creditors, etc. Accounting information has six distinct qualitative traits.

To lean more about qualitative refer here:

brainly.com/question/28483241

#SPJ4

6 0

1 year ago

Shelton inc. has sales of $23.8 million; total equity of $31.3 million; and total debt of $16.7 million. if shelton's profit mar

tiny-mole [99]

Sales = $23.8 million

Total equity = $31.3 million

Total debt = $16.7 million

Profit margin = 8% = 0.08

Return of assets = ?

First we calculate the total assets:

Total assets = Total debt + Total equity

= $16.7 million + $31.3 million = $48 million

Now find net income by using this formula:

Profit margin = Net income / Sales

Net income = Profit Margin × Sales = 0.08 x 23,800,000 = $1,904,000 Now calculate Return of assets: Return on assets = Net income / Total assets =$1,904,000 / 48,000,000

Return on assets = 3.967%

6 0

3 years ago