Nepal is secular country

Yo Mamma Shops, Inc. can open a new store that will do an annual sales volume of $837,900. It will turn over its assets 1.9 time

solong [7]

Answer:

Net Income = $67,032

Return on assets = 0.152 = 15.2%

Explanation:

Profit Margin = Net Income / Net sales

Net Income =Profit Margin x Net sales

Net Income = 8% x $837,900

Net Income = $67,032

Asset Turnover = Net Sales / Average total assets

1.9 = $837,900 / Average total assets

Average total assets = $837,900 / 1.9

Average total assets = $441,000

Return on Assets = Net Income / Average total Assets

Return on Assets = $67,032 / $441,000

Return on Assets = 0.152 = 15.2%

5 0

4 years ago

To determine the effective gross income on a property, the sales associate should:________

artcher [175]

Answer:

Subtract vacancy and credit costs from potential gross income

Explanation:

Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.

It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.

EGI is used to determine the value of a rental property and the cash that the property generates.

4 0

3 years ago

Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are:__

Sindrei [870]

Financial economists prefer to use market values rather than book values when measuring debt ratios because market values are a better reflection of current value than historical value. the correct answer is option(b).

Market capitalization is frequently used to refer to market value, which is the price an asset commands on the market. Because they depend on a variety of variables, including the physical working environment, the overall state of the economy, and the dynamics of supply and demand, market values are dynamic in nature.

An asset's book value is determined by the balance in its balance sheet account. Asset values are determined by subtracting any depreciation, amortization, or impairment expenses from the asset's initial cost.

Since market value includes profitability, intangibles, and potential for future growth, it typically exceeds book value for a company. The net asset value investors receive when they purchase shares is measured using book value per share.

The complete question is:

Financial economists prefer to use market values when measuring debt ratios because:

market values are more stable than book values.
market values are a better reflection of current value than historical value.
market values are readily available and do not have to be calculated like book values.
market values are more difficult to calculate which makes financial economists more valuable
None of these.

To know more about market values refer to: brainly.com/question/19131751

#SPJ4

6 0

2 years ago

A possible warning signal that you may be headed for financial problems with credit is that you

NNADVOKAT [17]

Answer:

I can't provide a definite answer (apologies), but I can definitely say that the answer is narrowed down to where it's either A or D.

Explanation:

3 0

3 years ago

Pot Co. holds 90% of the common stock of Skillet Co. During 2018, Pot reported sales of $1,120,000 and cost of goods sold of $84

dangina [55]

Answer:

Consolidated sales $1,400,000

Consolidated cost of goods sold $966,000

Explanation:

The consolidated sales and cost of sales of the Pot Group shall be determined through the following mentioned method:

Pot Co Skillet Co Consolidated Figures

Sales $1,120,000 $420,000 $1,540,000

Less:Intra group sales ($140,000)

Consolidated sales $1,400,000

Cost of sales $840,000 $252,000 $1,092,000

Less:Intra group cost of sales ($140,000)

Add:Unrealized profit on intra group sales $14,000

(140,000*40%*25%)

Consolidated cost of goods sold $966,000

7 0

3 years ago

Nepal is secular country​

Nepal is secular country