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Bess [88]
2 years ago
15

The balance sheets for Plasma Screens Corporation and additional information are provided below.

Business
1 answer:
Studentka2010 [4]2 years ago
6 0

Answer:

a. Gross Profit Ratio = Gross Profit / Sales * 100

Where Gross Profit = Sales on account-Cost of goods sold

=1890000 - 1394250

= $495750

Therefore Gross Profit Ratio = 495750 / 1890000 * 100

=26.23%

b. Return on Assets = Net Income/ Average Total Assets

=184,000/1,349,500

=0.1363

=13.65%

c. Profit Margin= Net Income/Sales * 100

=186,000/1,890,000 * 100

=9.74%

d. Asset Turnover+ Net sales / Average Total sales

=1,890,000/1,349,500

=1.4 times

e. Return on Equity = Net income/Stockholders equity

=184,000/(800,000+357,000) * 100

=184,000 / 1,157,000 * 100

=15.9%

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As a company owner, you are trying to grow your party supply sales by reaching new customers. You know most of your customers ar
Anton [14]

Answer:

The answer is: Customer segmentation

Explanation:

Customer segmentation happens when you divide your customers into groups whose members are similar in specific ways (in a marketing sense). Customers are usually segmented by age, gender, spending habits, geographical location, etc.

In this case the customers were segmented into two groups::

  • college students  
  • midsize and small-size businesses

3 0
2 years ago
In april 2011, consolidated edison (ed) stock cost $50 per share and yielded 5% per year in dividends, while national grid (ngg)
sergey [27]

Total amount Invested = 52,500

Since both stocks cost 50, total number of share he purchased = 52,500/50 = 1,050 shares

Total number of shares = 1,050

Let x be the total number of Ed shares.  Therefore Ngg shares = 1050-x

Ed Stock dividend return = x*0.05*50

Ngg stock dividend return = (1050-x)*0.06*50

Since total was  2,815, we add and equate the two as shown below:

x*0.05*50 + (1050-x)*0.06*50 = 2815

2.5x + 3150 -3x = 2815

0.5x = 335

x 335/0.5

x = 670 shares

Ed stock = 670 shares

Ngg stock =1050-670 = 380 shares

So, you purchased 670 shares of consolidated edison (ed) stock and 380 shares of national grid (ngg) stock

7 0
2 years ago
Which of the following functions does an intelligent agent perform? Group of answer choices monitoring the Internet to screen ou
riadik2000 [5.3K]

Answer:

D. Classifying and indexing web pages for search engines.

Explanation:

An intelligent agent in artificial intelligence is an autonomous entity is set to perform specific foals using "observation" and "consequent actuators".

Intelligent agents can classify and index web pages for search engines, designed to learn and so improve its agency or labor.

4 0
2 years ago
Which statement is true regarding the Preferred Vendor field in Product and Services items?A. You can add more than one preferre
Ivanshal [37]

Answer: B. You can create a new vendor from the product/service information screen

Explanation:

The statement that is true regarding the Preferred Vendor field in Product and Services items is that can create a new vendor from the product/service information screen.

Other statements given in the question such as adding more than one preferred vendor to each product/service item and Preferred vendors must be assigned to utilize Price rules are not true.

Therefore, option B is the correct answer.

3 0
2 years ago
Vermeillen Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production on the
Delicious77 [7]

Answer:

1 ) Variable Overhead Rate Variance = ( SR - AR )* AH

                                                         = ( $21 - $20) 3,500

                                                        = $3,500 Favorable

2 ) Labor Rate =  ( SR - AR )* AH

                      =  ( $24 - $24.9) 2,290

                      =$2,061 U

Explanation:

TOTAL =  Standard cost - Incurred cost

Standard Cost = $70,000 + $4,550

                        = $74,550

Standard Rate = $74,550 / 3,550

                        = $21

cost incurred = AR * machine hours

cost per machine hour = $70,000/3,500

                                      =$20

2) Labor Rate =  ( SR - AR )* AH

                      =  ( $24 - $24.9) 2,290

                      =$2,061 U

AR = $57,021/2,290 = $24.9

AR = Actual Rate

SR = Standard Rate

AH = Actual hours

8 0
2 years ago
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