Answer:
17.43
132.19
Explanation:
Net profit margin is an example of a profitability ratio. It measures he ability of a firm to earn a profit from its assets
Net profit margin = Net income / Revenue
0.05 = x / 9800
net income = 490
net income per share = 490 / 4500 = 0.109
p/e = 1.9 / 0.109 = 17.43
Using the Dupont formula, ROE can be determined using:
ROE = Net profit margin x asset turnover x financial leverage
ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)
Answer:
Dominant culture
Explanation:
Dominant organizational culture is a type of overall shared values accepted and shared among members of an organization , comprising different subculture groups that all work together in guiding the the operational activities of an organization and as a result influence and shape their behavior .This is necessary for every organization as it strengthens its value and belief
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $388,000
Service charge expense A/c Dr $12,000
To Account receivable A/c $400,000
(Being sale is recorded)
The service charge is an expense that is why it is debited and it is computed by
= Sales × service charge
= $400,000 × 3%
= $12,000
Since the sales is made so the company would received the cash that is why we debited the cash account and credited the accounts receivable account
Answer:
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Explanation:⇒
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Answer:
There is a Lower fixed cost of process A, So, until 2,000 units are not achieved ,the process A should be chosen as priority and above the 2,000 units, process B should be chosen.
Explanation:
Cross over point
= ( Difference in fixed costs) / ( Difference in variable cost per unit)
= ($20,000 - $8,000) / ($10 - $4)
= $12,000 / $6
= 2,000 units
As per the general rule of choosing, above the cross over point, the process with lower variable cost should be chosen and below cross over point, the process with lower fixed cost should be chosen
There is a Lower fixed cost of process A, So, until 2,000 units are not achieved ,the process A should be chosen as priority and above the 2,000 units, process B should be chosen