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3 years ago

Which of the following can a grocery store change in the long run?

Business

1 answer:

ddd [48]3 years ago

3 0

Answer:

I believe all of the above

Explanation:

went with what came to mind if its wrong very sorry.

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The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 12% annually. Morris's annual sales are

Anni [7]

Answer:

TIE 2.47

Explanation:

$\frac{EBIT}{InterestExpense} = $Times Interest Earned$

Our first step will be calculate the interest expense

350,000 debt outstanding * 12% rate = 42,000

Next, we need the EBIT which means Earnings Before Interest and Taxes.

Using the net profit margin of 3% we can get the net income

This means 3% of sales become net income

We are going to apply this to Morris sales to get the net income

$1,750,000 * 0.03 = 52,500$

Now this include the interest and taxes, we need to get the Earning before those two concepts so:

$\frac{NetIncome}{1-Tax Rate} + $Interest Expense = Earnings Before Interest and Taxes$

$52,500/(1-0.40)+42,000 = 87,500 + 42,000 = 129,500$

Now we got everything needed for the TIE

129,500/52,500 = 2.47

3 0

3 years ago

On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on

Serga [27]

It would be on June 3rd. This is the day before the ex-dividend date. The ex-dividend date for stocks is typically set one working day before the record date. If you acquire a stock on its ex-dividend date or after, you will not obtain the next dividend imbursement. As an alternative, the vendor gets the dividend. If you buy earlier than the ex-dividend date, you can get the dividend.

4 0

3 years ago

The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $25,000. There a

kvv77 [185]

Answer:

$9.79

Explanation:

The computation of the net asset value of the fund is shown below:

Net asset value of the fund = Equity ÷ Total outstanding shares

where,

Equity

= Total assets - total liabilities

where,

Total assets equal to

= 220,000 shares × $35 + 320,000 shares × $40 + 420,000 shares × $15 + 620,000 shares × $20

= $7,700,000 + $12,800,000 + $6,300,000 + $12,400,000

= $39,200,000

And, liabilities is $25,000

So, the net asset value of the fund equal to

= ($39,200,000 - $25,000) ÷ (4,000,000 shares)

= $9.79

7 0

3 years ago

The primary purpose of ________ is to encourage the expenditure of funds on research and development to create new products.

Firdavs [7]

I guess the correct option is D.

The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.

8 0

3 years ago

kristen and harrison are equal partners in the kh partnership. the partners formed the partnership 5 years ago by contributing c

Sauron [17]

Answer: Harrison will acknowledge a gain equal to the difference between his basis and the distribution . This is because he receives only money in the distribution and the amount transcend his basis in KH. He further allot his entire basis in KH to the basis in the money received resulting in $0 basis in KH after the distribution.

∴ <em>The capital gain will be $6000 i.e. (50000 - 44000) and $0 basis.</em>

4 0

3 years ago