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2 years ago

AutoZone and O'Reilly are two competitors in the retail automotive parts industry.

Business

1 answer:

sineoko [7]2 years ago

7 0

Answer:

Gross Profit Margin: 53 % and 54%

Inventory days outstanding: 249 days and 252 days.

Explanation:

Gross Profit Margin = Gross Profit / Sales * 100

Gross profit = Sales - Cost of Goods Sold

Gross Profit :

Year 1 : 10,498,448 - 4,860,309 = 5,638,139

Year 2 : 8,277,782 - 3,804,031 = 4,473,751

GP margin :

Year 1 = 53%

Year 2 = 54%

Days of inventory : Average inventory / Cost of Sales * 365 days

Year 1 : 3,320,864 / 4,860,309 * 365 = 249 days

Year 2 : 2,632,898 / 3,804,031 *365 = 252 days

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On January 1, 2021, Algerian Delivery had 100,000 shares of common stock outstanding. The following transactions occurred during

defon

Answer:

Algerian Delivery's basic earnings per share for the year ended December 31, 2021 is $3.01

Explanation:

In order to calculate Algerian Delivery's basic earnings per share for the year ended December 31, 2021 we would have to make first the following calculations:

Net Income = $298,750

Calculation of Weighted Average of Number of Equity Shares:

Outstanding on Jan 1 = 100,000*12/12 = 100,000

Less: Treasury Stock 3,100*10/12 = (2,583)

Sold Treasury Shares 3,100*3/12 = 775

New Shares Sold 12100*1/12 = 1,008

Therefore, Weighted Average of Equity Shares during the year = 100,000 - 2,583 + 775 + 1,008 =99,200

Therefore, Basic Earnings per Share = Net Income/Weighted Average of Equity Shares outstanding during the year

= $298,750/99,200 = $3.01

Algerian Delivery's basic earnings per share for the year ended December 31, 2021 is $3.01

6 0

2 years ago

homas is planning to start his own business in 10 years, at which time he will buy all the equipment and land needed. Currently

aalyn [17]

Answer:

FV $4,594,590

Explanation:

The annuity which produce funds will start on the seventh year thereofre there will be 4 annual deposits at the beginning of each year.

We solve for the future value of an annuity-due of 4 year at 10% interest rate:

$C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\$

C 900,000.00

time 4

rate 0.1

$900000 \times \frac{(1+0.1)^{4} -1}{0.1}(1+0.1) = FV\\$

FV $4,594,590

This is the amount accumualted at the end of the tenth year

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3 years ago

Which section of the business plan should come first but be written last? A. Competitive Analysis B. Goals and Strategy C. Execu

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3 years ago

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Answer:

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2 years ago

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Drag each task to the appropriate column based on whether it is a task that embedded computers do or do not perform.

Alexxandr [17]

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