Answer:
a) 65%
b) 11.4%
c) 25%
d) $25 per share
Explanation:
(a) Ratio of sales to assets = Sales revenue / Total assets
= $1,300,000/ $2,000,000 = 65.0%
(b) Rate earned on total assets = Annual net income / Average total assets
= $250,000 / $2,200,000 = 11.4%
(c) Rate earned on common stockholder's equity = Net Income / Average common stockholder's equity
= $250,000 / $1,000,000 = 25%
(d) Earning per share on common stock = Net Income / Share of common stock outstanding
= $250,000 / 10,000 = $25 per share
<span>Discounters like Target and Walmart use a price value strategy that suggests the offer the best quality for that particular price level. The price value strategy sets the primary price, but it is not an exclusive price, and is set according to the perceived value of products and services to the customers that shop there.</span>
Budgeting is the earning of the estimated income and its expenditure on various bills and daily utilities. For maintaining a balance of income, budgeting is done so that expenses do not exceed the income.
$2,850 is a good yearly estimate of repairs and maintenance for the Davis family’s home.
<h3>How to estimate repair and maintenance?</h3>
Given,
- Down Payment = $20,000
- Mortgage = $265,000
- Purchase price of the house = $285,000
1% of the purchase price is budgeted for repair and maintenance (X) and will be estimated as:
Therefore, <em>option c</em>. $2850 is the repair and maintenance cost.
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comparative study identifies the area where a producer’s absolute advantage is relatively greatest, or where the producer’s absolute disadvantage in productivity is relatively least. Group of answer choices relative advantage opportunity cost productivity advantage comparative advantage
<h3>What is
comparative study ?</h3>
Comparative research is a social science research methodology that aims to make comparisons across different countries or cultures. A significant issue in comparative research is that data sets from different countries may define or use different categories.
Comparative research seeks to identify similarities and differences among social entities. Comparative research attempts to contrast and compare nations, cultures, societies, and institutions.
Comparative research can help inform projects early on by providing fodder and direction for initial design concepts, as well as during design iterations when refining content, interaction, and overall architectural patterns.
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The country that has a comparative advantage in the production of cuckoos is Germany.
The country that has a comparative advantage in the production of beer mugs is Taiwan.
A country has a comparative advantage in the production of a good if it produces a good at a lower opportunity cost when compared with other countries.
Germany:
Opportunity cost in the production of cuckoo = 1/1 = 1
Opportunity cost in the production of beer mug = 1 /1 = 1
Taiwan:
Opportunity cost in the production of cuckoo = 3/2 = 1.5
Opportunity cost in the production of beer mug = 2/3 = 0.7
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