Answer:
B, net income for the year was $1,200,000, average assets were $20 million, ROI was 6%
Explanation:
net income is calculated by multiplying the percentage margin by the sales. We have,
(2 ÷ 100) × $60,000,000
= 0.02 × $60,000,000
= $1,200,000
To calculate the average assets, sales is divided by the turnover.
we have, ($60,000,000 ÷ 3.0)
= $20,000,000.
To calculate the ROI, margin and turnover are multiplied.
we have,
(2% × 3.0) = 6%
Cheers.
Answer:
The Answer for the particular statement is "FALSE".
Explanation:
- Sales Management System is a program used to forecast customer demand, automate the inventory of inventories and costs and increase revenue growth.
- Sales management is a systemic method aimed at increasing sales by using width-of-stay monitoring tools and by introducing efficient marketing strategies.
therefore the statement is NOT TRUE.
Answer: Dina's labor the car wash dina receives the $300 per week and charles earns working for spotless car wash
Explanation: The flow from a firm to a household can be in the form of goods and services purchased by the household or in the form of flow of factor income to the household. Out of the given options, Dina's labor in the car wash and Charles earning from spotless car wash represent a flow of income from the firm to the households. While, Charles spending on airline tickets represent a flow from the household to the firm in the form of expenditure for buying a service. So, a and b are correct.
Answer:
$3,735
Explanation:
The computation of the total cost that will be included in the numerator of that calculation is shown below:
= Beginning work in process + cost added during the period
= $350 + $3,385
= $3,735
Basically, we added the beginning work in process and the cost added during the period
The same amount is shown on the numerator side while calculating the cost per equivalent unit
Answer:
Correct Answer:
2. You order 3 gallons of white ceiling paint from a local store, and the store breaches by not delivering or making available to you the 3 gallons.
3. You own the pistol used by Hamilton and contract to buy the pistol used by Burr in the Hamilton-Burr duel to complete your set, but despite the contract the Burr pistol owner refuses to sell at the last minute.
1. Your bookstore agrees to order a textbook for you but breaches its contract with you by canceling the order the next day.
Explanation:
In enforcement of specific performance is applied in situations where there there is an established contract that has was not honored. This bridge of contract would then trigger performance enforcement.
