Logan is working on a game development team that will be in charge of creating

Firm J has net income of $77,605, sales of $935,000, and average total assets of $467,500. Required: Calculate Firm J’s margin,

inna [77]

Answer:

Firm J's margin= 8.3%

Firm J's turnover= 2

Firm J's ROI= 16.6%

Explanation:

Form J has a net income of $77,605

The sales is $935,000

The average total assets is $467,500

Firm J's margin can be calculated as follows

Margin= Net income/sales

= $77,605/$935,000

= 0.083×100

= 8.3%

Firm J's turnover can be calculated as follows

Turnover= Sales/Average Total assets

= $935,000/$467,500

= 2

Firm J's return on investment can be calculated as follows

ROI= Net income/Average Total assets

= $77,605/$467,500

= 0.166×100

= 16.6%

Hence Firm J's margin, turnover and return on investment is 8.3%, 2 and 16.6% respectively.

3 0

3 years ago

Which of the following are exempt from licensure, as long as they meet the exemption

grigory [225]

Answer:

Child Care Facilities

Large Family Child Care Homes

Public and non-public schools

Summer day and 24-hour camps

Vacation Bible School Programs.

Explanation:

A facility that is exempted from licensing is the one that is not licenses, but is still to maintaining certain requirements held under respective authorities. They need to meet certain requirements in order to operate effectively.

There are several programs that are exempted from licensing. From the given list, they are:

Public and non-public schools
Child Care Facilities
Summer day and 24-hour camps
Large Family Child Care homes
Vacation Bible School Programs.

These programs are exempted from having a license but are under the obligation to meet certain requirements to run efficiently.

6 0

3 years ago

Assuming the discount rate is 10% and that all wages are paid at the end of the year, what is the difference in present value be

Nady [450]

I will pay my 10% for the school

6 0

3 years ago

Bonner Collision has shareholders' equity of $141,800. The firm owes a total of $126,000 of which 60 percent is payable within t

Damm [24]

Answer:

The amount of the net working capital is $55,500

Explanation:

The net working capital is calculated by the following formula:

Net working capital = Current assets - Current liabilities

The firm owes a total of $126,000 of which 60 percent is payable within the next year.

Current liabilities = Total liabilities - liabilities paid in next year = $126,000 - 60% x $126,000 = $50,400

Basing on accounting equation:

Total assets = Total liabilities + shareholders' equity = $126,000 + $141,800 = $267,800

Current assets = Total assets - fixed assets = $267,800 - $161,900 = $105,900

Net working capital = $105,900 - $50,400 = $55,500

8 0

3 years ago

Employees who have just been laid off are asked questions that encourage them to express hostility toward their employer. Resear

anastassius [24]

Answer:

D. increase their hostility

Explanation:

Based on the information provided within the question it can be said that the research suggests that this opportunity to vent anger will increase their hostility. This is mainly due to the fact that they will express their anger after being laid off and when that does not yield results, they will begin to feel powerless and thus increase their anger and hostility.

4 0

4 years ago