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Maru [420]
3 years ago
9

True or False: Restaurants rarely adjust the amount they purchase of items

Business
1 answer:
Levart [38]3 years ago
3 0

Answer:

false

Explanation:

because in a restaurant you suppose to have a monthly plan

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Quaker State Wings has 320,000 shares outstanding and net income of $980,000. The company stock is currently selling for $62.97
ELEN [110]

Answer:

The new EPS is $ 3.16  

Explanation:

In order to compute the earnings per share after the share repurchase the shares repurchased must deducted from the weighted average number of share of 320,000 before repurchase so as  to arrive at the number of shares eligible for the earnings after such repurchase.

The number of shares repurchased=$634,000/$62.97

                                                           = 10,068.29  

The average weighted number of shares after repurchase is  309,931.71  (320,000-10,068.29)

EPS after repurchase=$980,000/309,931.71

                                   =$3.16 per share

5 0
4 years ago
Peyton's Palace has net income of $13.4 million on sales revenue of $114 million. Total assets were $80 million at the beginning
Romashka [77]

Answer:

Return on Assets = 159.52%

Profit Margin = 11.75%

Asset Turnover Ratio = 1.36 times

Explanation:

The computation of return on assets, profit margin, and asset turnover ratios is shown below:-

a. Return on assets

Average Total Assets = Assets in the beginning + Assets at the end ÷ 2

= ($80 million + $88 million) ÷ 2

= $168 ÷ 2

= $84 million

Return on Assets = Annual Net Income ÷ Average Total assets

= $13.4 million ÷ $84 million

= $159.52 million

b. Profit Margin

Profit Margin = Net Income ÷ Net Sales

= $13.4 million ÷ $114 million

= 11.75%

c. Assets turnover ratio

Average Total Assets = Assets in the beginning + Assets at the end ÷ 2

= ($80 million + $88 million) ÷ 2

= $168 ÷ 2

= $84 million

Asset Turnover Ratio = Net Sales ÷ Average Total assets

= $114 million ÷ $84 million

= 1.36 times

4 0
3 years ago
Several advocacy groups in the U.S. monitor firms that do business with sweatshops in developing nations. These watchdog groups
Dmitry_Shevchenko [17]

Answer:

The answer is: C) safety needs

Explanation:

According to Maslow safety and security needs are about keeping us safe. In this case, the factories that operate in developing nations offer their employees job security. This is very important for those employees since the alternative to working in those factories would be probably unemployment or jobs that pay even less or over even worse working conditions.  

3 0
4 years ago
What is the goal of investing?
sammy [17]

Answer:

C

Explanation:

7 0
3 years ago
A lender lends $18,600, which is to be repaid in annual payments of $3100 for 6 years. Which of the following shows the timeline
givi [52]

Answer:

The correct option is option C

$18,600 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100

Explanation:

Year0- $18600

Year1 - $3100

Year2 - $3100

Year3. $3100

Year5. $3100

Year6. $3100

That is the timeline of the loan from the lender's perspective.

4 0
4 years ago
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