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Sedbober [7]
3 years ago
13

Auagaa474 Corporation had sales of $491,300 and average operating assets of $289,000 for the past period. What is the margin tha

t Auagaa474 needed to earn in order to achieve an ROI of 27.2%?
Business
1 answer:
astra-53 [7]3 years ago
8 0

Answer:

16%

Explanation:

Calculation for the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2%

First step is to calculate the Turnover using this formula

Turnover = Sales ÷ Average operating assets

Let plug in the formula

Turnover= $491,300 ÷$289,000

Turnover=1.7

Now let calculate the margin using this formula

ROI = Margin × Turnover

Let plug in the formula

27.2% = Margin × 1.7

Margin = 27.2% ÷ 1.70

Margin=0.16*100

Margin= 16%

Therefore the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2% will be 16%

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Management accounting is accounting for effective management. Explain this statement.​
Marianna [84]

Explanation:

Management is the process of organizing, commanding, coordinating and controlling administrative resources. When we talk about management accounting, we relate to a company's financial resources, which are essential for profitability, payments, investments, etc., that is, so that the business can flow effectively.

Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.

4 0
3 years ago
The Tampa Bay Lightning is preparing an advertising campaign in which it will contrast its products with those of named competit
riadik2000 [5.3K]

Answer:

Comparative Advertising.

Explanation:

The Tampa Bay Lightning will name the competitor's product, and then, will use measurable attributes to make seem inferior to its own product. This is an example of comparative advertising.

Another example would be if Coca Cola launched an add naming Pepsi explicitly, and declaring that Pepsi tastes worse, or makes people fatter, or both.

Comparative advertising must always clearly indentify the competitor's product, according to the Federal Trade Commission.

4 0
3 years ago
(1 pt) The manager of a large apartment complex knows from experience that 90 units will be occupied if the rent is 420 dollars
klasskru [66]

Answer:

Monthly rent of $345 would maximize revenue

Explanation:

Revenue = Price * Quantity

Quantity depends on price. We need to work out the relationship between price and quantity (that is, the demand function)

When the rent is $420, quantity demanded is 90 units:

When P = 420 we have Q = 90

Let x be the change in price. For every 3 dollar increase (decrease) in price demanded quantity will decrease (increase) 1 unit:

P = 420 + x (a) we have Q = 90 - x/3 (b)

To find the relationship between P and Q we seek to eliminate x.

Multiply both sides of (b) with 3 we have: 3Q = 270 - x (b')

From (a) and (b') we have: P + 3Q = 420 + x + 270 - x

=> P = 690 - 3Q

Revenue R = P * Q = (690 - 3Q) * Q = 690Q - 3Q^2

To find maximum set derivative of R to 0:

dR = 690 - 6Q = 0

=> Q = 690/6 = 115

To lease 115 the price should be P = 690 - 3Q = 690 - 3*115 = 345

3 0
3 years ago
Stubbs Company uses the perpetual inventory method. On January 1, Year 1, Stubbs purchased 1,400 units of inventory that cost $1
jarptica [38.1K]

Answer:

Gross Profit                                 $ 23,253

Explanation:

Stubbs Company

Perpetual Inventory Method

Date                      Purchases        Unit Price          Total Cost

January 1,              1,400 units         $12.00            $16,800

January 10,            1,600 units          $7.25             $11,600

Total                        3000                                        28,400

Weighted Average Cost= 28,400/3000= $ 9.467

Sales  1,600 units at$24.00 =$38,400

COGS 1600 units  at $ 9.467 =   $ 15,147

Gross Profit                                 $ 23,253

The amount of gross margin reported on the income statement will be:    $ 23,253

3 0
3 years ago
If you were charged $1152 in taxes on a $2560 purchase. What percent tax were you charged
katen-ka-za [31]

Answer:

Percent tax = 45%

Explanation:

Given:

Amount of tax charged = $1,152

Amount of purchase = $2,560

Find:

Percent tax

Computation:

Percent tax = [Amount of tax charged / Amount of purchase]100

Percent tax = [1152 / 2560]100

Percent tax = 45%

6 0
3 years ago
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