Answer:
Please check the info below
Explanation:
1. For Osaka
Margin = Net Operating Income / Sales *100
= $ 792000 / $9900000 *100
= 8.00%
Turnover = Sales / Average Operating Assets * 100
= $ 9900000 / $ 2475000 * 100
= 4.00%
ROI = Margin * Turnover
= 8% *4 %
= 32.00%
Hence the correct answer is 32.00%
For Yokohama :
Margin = Net Operating Income / Sales *100
= $ 2900000 / $ 29000000*100
= 10.00%
Turnover = Sales / Average Operating Assets * 100
= $ 29000000 / $ 14500000* 100
= 2.00%
ROI = Margin * Turnover
= 10% *2 %
= 20.00%
Hence the correct answer is 20.00%
2. The correct answer is
Osaka = $ 371,250
Yokohama = $ 435,000
3. The correct answer is No
This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed
I don’t understand this question
Answer:
The correct answer is D. Real income effect.
Explanation:
Real income is defined as the monetary income of an individual, taking into account the effect of inflation. For example, if a person's nominal salary increases by 10% in one year, and inflation is 6% in that year, the actual income will have increased 4% in that year.
Answer:
D. Trojan Horse, nice to know some computer lab info of mine didn't go to waste
Explanation:
Answer:
Dr. Cash $2,842
Dr. Discount Expense $58
Cr. Account Receivable $2,900
Explanation:
Terms 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
Sales = $3,700
Returns = $800
Amount Due = $3,700 - $800 = $2,900
As the payment is made within discount period, so discount will be availed
Discount = $2,900 x 2% = $58
Cash Paid = $2,900 - $58 = $2,842
