Select the items from the following list that are included in financial literacy.

The following income statements were drawn from the annual reports of the Denver Company and the Reno Company: Denver* Reno* Net

Lynna [10]

Answer:

1. Gross margin percentage:

For Denver and the Reno is 53% and 27%

2. Return on sales ratio:

For Denver and the Reno is 18% and 10%

Explanation:

1. The formula to compute the gross margin percentage is shown below:

Gross margin percentage = (Gross margin) ÷ (Net sales) × 100

For Denver = ($17,760 ÷ $33,200) × 100 = 53%

For Reno = ($23,850 ÷ $86,900) × 100 = 27%

2. The formula to compute the return-on-sales ratios is shown below:

Return-on-sales ratio = (Net income) ÷ (Net sales) × 100

For Denver = ($6,000 ÷ $33,200) × 100 = 18%

For Reno = ($8,502 ÷ $86,900) × 100 = 10%

6 0

3 years ago

Consider a corporate bond with a $1000 face value, 8% coupon with semiannual coupon payments, 7 years until maturity, and a YTM

serious [3.7K]

Answer:

$961.42

Explanation:

firstly, we calculate the clean clean price below:

FV= 1,000

PMT= 40 (80 / 2)

I= 4.5 (9 / 2)

N= 14 (7 × 2)

Thus, PV= 948.89

Accrued Interest = coupon × (days since last payment/days in current coupon period)= 40 × (57 / 182) = 12.53

conclusively, dirty price = 948.89 + 12.53 = 961.42

3 0

3 years ago

The optimal capital structure has been achieved when the: debt-equity ratio is equal to 1. debt-equity ratio results in the lowe

icang [17]

The optimal capital structure can be realized if : Debt-equity ratio selected results in the lowest possible weighted average cost of capital.

An optimal capital structure can be regarded as best mix of debt as well as equity financing which maximizes a company's market value.

And as well minimizing its cost of capital, it can be realized when Debt-equity ratio that is been selected, gives the lowest possible weighted average cost of capital.

Learn more at:

brainly.com/question/10782180?referrer=searchResults

3 0

2 years ago

A manager from another restaurant says to you, "I’ve heard that Barcelona has a three-step hiring process. Candidates first have

SpyIntel [72]

Answer:

Both steps give candidates a realistic preview of the job.

Explanation:

When a manager from another restaurant says to you, "I’ve heard that Barcelona has a three-step hiring process. Candidates first have an interview in which Scott does most of the talking, and then they visit Barcelona restaurants and record their impressions. This seems like a lot of work. The basic purpose and logic behind these two steps is to give candidates a realistic preview of the job. With the help of these two steps in which candidates first have an interview with Scott and then visit Barcelona restaurants to get their impressions recorded, candidates can have a realistic, practical and genuine preview of the job. Candidates can come to know about the expectations which they can have from the job and the reality so they will not be surprised and shocked at all if their expectations does not meet the actual job's conditions and specifications.

7 0

3 years ago

Russell was determined to make a big change in the thought process behind police officer roles in communities. What were some of

harkovskaia [24]

Explanation:

Area = Area of sides + area of semicircle thing

= (2*0.21*0.31) + (2*0.31*0.61) + (0.21*0.61) + ( 3.14*0.105*0.61) + (3.14*0.105*0.105) = 0.872 m^2

Total area = 0.872 *1106 =964.43 m^2

Answer =965 m^2

8 0

3 years ago