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3 years ago

Diusitech Inc. Income Statement For the Year Ending on December 31 (Millions of dollars)

Business

1 answer:

JulsSmile [24]3 years ago

3 0

Answer:

Year 1

Profit Margin = Net Income / Net Sales

Profit Margin = $751 / $2,500

Profit Margin = 0.3004

Profit Margin = 30.04%

Basic Earning Power = Operating Income / Total Assets

Basic Earning Power = EBIT * Return on Total Asset / Net Income

Basic Earning Power = $1,360 * 17.18%/751

Basic Earning Power = 0.311115846

Basic Earning Power = 31.11%

Year 2

Operating Margin = Operating Income / Net Sales

Operating Margin = $1,896 / $3,175

Operating Margin = 0.5971653543307087

Operating Margin = 59.72%

Return on Total Assets = Basic Earning power * Net Income/EBIT

Return on Total Assets = 26.13% * $984/$1,896

Return on Total Assets = 0.1356113924050633

Return on Total Assets = 13.56%

Return on Common Equity = Net Income / Total Common Equity

Return on Common Equity = $984 / ($751/32.30%)

Return on Common Equity = $984 / $2325.08

Return on Common Equity = 0.42321124

Return on Common Equity = 42.32%

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Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.50 p

vodomira [7]

Answer:

The right solution is "$78.55".

Explanation:

The given values are:

Material cost,

= $5 per pound

Average freight costs,

= $0.25 per pound

Downtime average,

= 0.40 hours per unit

According to the question,

The direct material cost per unit will be:

= $((4.5+0.5)\times 5\times 0.98)+(0.25\times (4.5+0.5))$

= $(5\times 5\times 0.98)+(0.25\times 5)$

= $24.5+1.25$

= $25.75$ ($)

The direct labor will be:

= $((2.0+0.4)\times 12)+(3\times (2.0+0.4))$

= $28.8+7.2$

= $36$ ($)

Manufacturing overhead will be:

= $(2.0+0.4)\times 7$

= $2.4\times 7$

= $16.8$ ($)

hence,

The standard cost per unit will be:

= $Direct \ material+Direct \ labor+Manufacturing \ overhead$

= $25.75+36+16.8$

= $78.55$ ($)

7 0

3 years ago

A country recently experienced a drop in consumer purchases and a rise in business inventories of durable goods. Wages grew slow

brilliants [131]

Answer:

A recession

Explanation:

A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.

Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities. There is reduced consumer confidence leading to low retail sales and a decline in prices.

Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall. Economist considers recessions a part of a normal business cycle.

8 0

2 years ago

Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 20

satela [25.4K]

Answer:

net income during 2019 = $109,045

Explanation:

total stockholder equity 2018 = assets - liabilities = $293,500 - $79,245 = $214,255

total stockholder equity 2019 = assets - liabilities = $497,512 - $177,212 = $320,300

change in equity from 2018 to 2019 = $106,045

$33,000 can be explained by additional capital invested, and the remaining $73,045 corresponds to change in retained earnings

change in retained earnings = net income - dividends distributed

$73,045 = net income - $36,000

net income = $109,045

7 0

3 years ago

When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased,

Romashka-Z-Leto [24]

When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased, assure the receiver of your concern, offer assistance, and conclude on a reassuring note.

Explanation:

Certain points that are to be kept in Mind when writing a Condolence Messages are:

Don't unintentionally say the wrong thing in a sympathy message
The Condolence message should be short and crisp
In the message try to recall a funny memory of the deceased.
In the message ,you should not simply sign rather mention your full first and surname.
Don't mention any financial obligation of the deceased or offer any financial help
Don't try to offer any other help like cooking a good meal

Thus we can say that ,When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased, assure the receiver of your concern, offer assistance, and conclude on a reassuring note.

3 0

3 years ago

Regina, the CEO of a popular health magazine, subscribes to 20 other magazines to follow the industry trends, understand the fin

Akimi4 [234]

Answer:

the monitor role

Explanation:

As stated by Henry Mintzberg, managerial roles can be divided into three basic categories:

informational roles: includes monitor, disseminator and spokesperson roles.
interpersonal roles: includes figurehead, leader and liaison roles.
decisional roles: includes the entrepreneur, disturbance-handler, resource-allocator and negotiator roles.

The monitor role requires the manager to seek out information related to the organization and industry, and monitor the organization's productivity and well-being.

8 0

3 years ago