Answer:
1. a) Small Appliance Division, Average total operating assets = $6,934,000
b) Margin = 8.00%
c) Turnover = 6.00 times
d) ROI = 48.00%
2. a) Cleaning products division, Average total operating assets = $5,800,000
b) Margin = 3.00%
c) Turnover = 4.00 times
d) ROI = 12.00%
3. See explanation section.
Explanation:
See the following images to get the proper explanation. As all the answers are round figure, therefore, I did not use 16.00%, instead I used 16%. (16% is an example).
Kane manages a used book store he reads a report advising him to stock more encyclopedias. However the report is mistaken customers in Kane's town hardly ever buy encyclopedias. what problem could this mistake cause?
As mentioned below, if the consumers do not buy the encyclopedias, then they will lose money due to purchasing items that consumers do not want. It's necessary to not only look over reports, but understand the reports to make sure that a business is not overstocking in items that consumers are not actually in demand for. Consumers will purchase items they have a demand for and based on the reports, you can understand the items they are in demand for versus the items they will not be purchasing.
Answer: hello your question is incomplete attached below is the missing data. ( first image )
answer:
Attached below
Explanation:
A) company's schedule of cost of goods manufactured for year ended
attached below is the required schedule ( second Image )
B) Company's income statement
attached below is the company's income statement ( Image 3 and 4 )
Answer:
total cash pay is $200850
Explanation:
given data
Bakery signed P = $195000
rate R = 6 %
time T = 6 month
to find out
cash amount will be needed to pay back with interest
solution
we find first interest for 6 month that is 6/12 year
so interest = P×R×T
interest = 195000×0.06×6/12
interest = $5850
so total amount pay = Principal + Interest
total amount pay =195000 + 5850
total cash pay = $200850
Sure, here is my possible correct answer:
1. 38.64 - 34.50 = 4.14
2. 4.14 x 600 = 2484
So, Mitchell would earn $2484 in (gross) profit.
I hope it helped you!