NEED HELP ASAP, WILL GIVE BRAINLIEST

You have been assigned to perform a Financial Statement Analysis on General Motors. You calculated a number of financial stateme

Veronika [31]

To perform a Financial Statement Analysis, one should use ratio analysis as it will likely perform on this type of information.

<h3>What is Ratio Analysis of Financial Information?</h3>

Profitability ratios is known to be the tools used to look or assess a the strength of a firm in terms of earning profits from its sales or its operations.

Note that the use of ratio analysis is one that can be used measure profitability, short-term liquidity and others and as such it is the best for the information above.

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8 0

2 years ago

A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi

scZoUnD [109]

Answer: please refer to the explanation section

Explanation:

a.Rate of return = $5.50/$50 = 0.11 = 11%

b. Yes the firms earns Economic profits. The Normal rate of profit in the economy is 5%, the firm earns a rate of return of 11%, which is higher than Normal rate of profit in the economy.

c. The industry will see entry. The firm earns a return of that is 6% more than the normal rate of profit in the economy, ,more firms will find it profitable to enter the market

d. The industry is purely competitive, as more Firms will enter the market/industry extra profit will diminish. the firms will earn normal rate of profits in the long run

6 0

3 years ago

Consider a product that is "settled in." Its MTBF distribution has been found to be normal with a mean of 10,000 hours and a sta

expeople1 [14]

Answer:

Consider the following explanation.

Explanation:

Both of the specified times are far below the mean: 8,000 hours is twenty standard deviations away, and 9,000 hours is ten standard deviations away. In both instances, the normal areas table computes the probability of failure to be approximately zero. Most students will opt for preventive maintenance; the standard deviation is quite small compared to the mean, so that preventive maintenance can pretty reliably be used.

5 0

4 years ago

Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

nikdorinn [45]

Answer:

A) $76500

B) $72500

C) $24750

D) tax refund of $260

Explanation:

A) calculate Marc and Michelle's gross income

Marc salary = $64000

Michelle's salary = $12000

interest from corporate bond = $ 500

Hence gross income = 64000 + 12000 + 500 = $76500

B) Calculate Marc and Michelle's Adjusted gross income

Gross income = $76500

qualifying moving expenditure = $2500

Alimony paid to previous spouse = $1500

adjusted gross income = 76500 - 2500 - 1500 = $72500

C) Calculate the total amount of Marc and Michelle's deductions from AGI

Standard deduction = $12600

itemized deduction = $6000

personal and dependency allowance = $12150

To calculate the Deductions from AGI we have to add the personal and dependency allowance to the standard deduction ( higher value between standard deduction and itemized deduction )

= 12600 + 12150 = $24750

D ) calculate Marc and Michelle's taxable income

Adjusted gross income = $72500

deduction from itemized deduction = $24750

taxable income = 72500 - 24750 = $47750

E) Determine if Marc and Michelle's taxes payable or refund due for the year

Tax rate schedules :

between $18451 to $79000 : tax rate = $1845 + 15% of income over $18450

Taxable income = $47750

Tax liability = 1845 + (47750 - 18450) * 15% = $6240

child tax credit = $1000

prepayment of taxes = $5500

Tax refund = tax liability - child tax - prepayment of taxes

6240 - 1000 - 5500 = $260

hence there will be a tax return of $260

8 0

3 years ago

Here are four individuals telling you their stories of how they became unemployed. In a multi-paragraph essay, apply the theorie

Anestetic [448]

Explanation:

In Marcelle's case she is affected by Cyclical unemployment unemployment which arises when people lose their jobs as a result of market contraction or downturn in aggregate demand in the economy.

Dominic's cause of unemployment is called voluntary unemployment, which occurs when an individual decides to leave his job to seek another job elsewhere. Often times this individuals feel that they may get better compensation or wages in another location.

Francine has just experienced Seasonal unemployment which occurs when an individual is unemployed because the industry in which they work only render services in certain times of the year such as summer or winter.

Beauvoir has been affected by structural unemployment, which happens when an individual becomes unemployed because the company decides to change the structure of it's labor force, eg from manual labor to digitalization of the work environment.

Therefore, all individuals except Dominic is qualified for unemployment benefits, because Dominic decided to quit his job not due to reasons beyond his control, like a layoff.

6 0

3 years ago