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mezya [45]
3 years ago
6

Last year's sales revenues at Coffee Connection were $27,000, and the cost

Business
2 answers:
VikaD [51]3 years ago
8 0
Answer for the question is answer C
zhenek [66]3 years ago
6 0

Answer: it’s 8%

Explanation:

just took the test

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Rector Corporation is examining its quality control program. Which of the following statements​ is/are correct? I. Rework costs
Andre45 [30]

Answer:

II. Prevention costs are costs that are incurred to prevent the sale and production of defective units.

8 0
3 years ago
A firm has a profit margin of 5.1 percent, a total asset turnover of 1.84, and a return on equity of 16.2 percent. What is the d
Jet001 [13]

Answer:

Debt / Equity = 0.72649 : 1 or 72.649%

Explanation:

The ROE or return on equity can be calculated using the Du Pont equation. It breaks the ROE into three components. The formula for ROE under Du Pont is,

ROE = Net Income / Sales * Sales / Total Assets * Total Assets / Shareholder's equity

or

ROE = Net Income / Total equity

Assuming that sales is $100.

Net Income = 100 * 0.051 = 5.1

Total Assets = 100 / 1.84

Total Assets = 54.35

0.162 = 5.1 / Total equity

Total Equity = 5.1 / 0.162

Total Equity = 31.48

We know that Assets = Debt + Equity

So,

54.35 = Debt + 31.48

Debt = 54.35 - 31.48

Debt = 22.87

Debt / Equity = 22.87 / 31.48

Debt / Equity = 0.72649 : 1 or 72.649%

6 0
3 years ago
Using the following information, what is the amount of gross profit?​
SIZIF [17.4K]

Answer:

Gross profit= $54,700

Explanation:

Giving the following information:

Purchases $37,000

Merchandise inventory, September 1 6,100

Merchandise inventory, September 30 6,800

Sales 91,000

<u>First, we need to calculate the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 6,100 + 37,000 - 6,800

COGS= $36,300

<u>Now, the gross profit:</u>

Gross profit= sales - COGS

Gross profit= 91,000 - 36,300

Gross profit= $54,700

3 0
3 years ago
Suppose a new technology makes video calls easier and more affordable for banks, allowing them to place "virtual tellers" in all
slavikrds [6]

Answer

Suppose a new technology makes video calls easier and more affordable for banks, allowing them to place "virtual tellers" in all ATM machines. If this happens, we would expect the DEMAND to INCREASE causing the salaries for remotely located customer service representatives to INCREASE.

Since the new technology is easier and more affordable then the demand for such service will surely be on the rise. This translates to an increase in the demand. The remotely located customer service representatives in charge of the virtual service will also get a higher salary.

3 0
3 years ago
In December 2015​, General Electric​ (GE) had a book value of equity of $ 97.7 ​billion, 9.6 billion shares​ outstanding, and a
MrRissso [65]

Answer:

The answer is:

A. market capitalization = $313.73billion

B. Market-to-book ration = 3.21

C. Book debt-equity ratio = 2.03

D. Market debt-equity ratio = 0.63

E. Enterprise value = $410.23billion

Explanation:

Please find the detailed calculation from the attached file.

7 0
3 years ago
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