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Rudik [331]
2 years ago
7

Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers

are in millions): 2021 2020 Accounts receivable (net) $ 20 $ 16 Net sales $ 115 $ 100 Cost of goods sold $ 60 $ 55 Net income $ 20 $ 17 Inventory turnover 5.22 Return on assets 10.3 % Equity multiplier 2.36 Dowling's 2021 profit margin is (rounded):
Business
1 answer:
Llana [10]2 years ago
4 0

Answer:

17.4%

Explanation:

Calculation for Dowling's 2021 profit margin

Using this formula

Profit Margin = Net Income/ Net Sales

Let plug in the formula

Profit Margin=$20/$115

Profit Margin= 0.1739 ×100

Profit Margin= 17.4%

Therefore Dowling's 2021 profit margin will be 17.4%

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Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct lab
o-na [289]

Answer:

$75.40

Explanation:

Mark up is a percentage applied on the cost to get the selling price. In other  word, the difference between the marked-up amount and the total cost gives the profit of the entity.

To get the target selling price, we would first determine the total cost, then apply the mark up percentage on the cost and add the result to the cost.

Total cost per unit

= $12 + $4 + $9 + $10 + $5 + $12

= $52

Amount of mark up

= 45% * $52

= $23.40

Target selling price = $52 + $23.40

= $75.40

4 0
2 years ago
An economy has full-employment output of 5000. Government purchases are 1000. Desired consumption and desired investment are giv
V125BC [204]

Answer:

a. real interest rate is 0.217 or 21.7%.

b. saving = 134 , investment is 332 ,  consumption is 3666.

Explanation:

a) Y = Cd + Id + Gd

Where Y= output

Cd= consumption

Id= Investment purchases

Gd=Government purchases

Y= (3600 - 2000r + 0.10Y) + (1200 - 4000r) + 1000

Y=5800-6000r+0.10Y

0.9Y=5800-6000r

At full employment Y=5000

Putting the value of Y in the above equation

0.9*5000=5800-6000r

5800-4500=6000r

r=0.217

Therefore real interest rate is 0.217 or 21.7%.

(b) Sd = Y - Cd - G

where Sd is national saving

Sd = Y - (3600 - 2000r + 0.1Y) - 1200

Sd = 5000-(3600 - 2000*0.217 + 0.1*5000) - 1200 =5000-3600+434-500-1200 = 134

Therefore, saving = 134

Id= 1200-4000*0.217 =332

Therefore, investment is 332

Cd= 3600-2000r+0.10Y=3600-434+500=3666

Therefore, consumption is 3666.

5 0
2 years ago
4. As of November 1, 1999, the exchange rate between the Brazilian real and U.S. dollar is R$1.95/$. The consensus forecast for
vaieri [72.5K]

Answer:

Forecast exchange rate = $2.29(Approx)

Explanation:

Given:

Exchange rate = $1.95

Inflation rate difference = 2.6% - 20% = 17.4%

Computation:

Forecast exchange rate = 1.95 / (1-17.4%)

Forecast exchange rate = $2.29(Approx)

5 0
2 years ago
Callista "cherry bomb" davidson is a world-famous stunt woman, and she is trying to achieve the long distance world record human
11Alexandr11 [23.1K]

Answer:

CODE

import time #importing time module

import math #importing math module

pi = math.pi #defining the value of pi

u = 70 #initial velocity

g = 9.8 #gravitational acceleration

time_step = 0.01 #time step of 0.01 secs

time_elapsed = 0.0

maxAngle = 0

angle = 1

h = 5.0 #setting the initial height to to 5m

x = 0.0

maxRange = 0.0

for angle in range(1,91): #loop which angle takes value from 1 to 90

ux = u * math.cos((pi / 180) * angle) #velocity in x axis

uy = u * math.sin((pi / 180) * angle) #velocity in y axis

for i in range(1000): #running for 1000 steps

dragx = 0.5 * 1.225 * 1.4 * 0.8 * ux * ux #calculating the drag in x direction

dragy = 0.5 * 1.225 * 1.4 * 0.8 * uy * uy #calculating the drag in y direction

drag_ax = dragx / 65.0 #calculating drag acceleration in x axis

drag_ay = dragy / 65.0 #calculating drag acceleration in y axis

accelx = drag_ax #resultant acceleration in x axis

accely = g + drag_ay #resultant acceleration in y axis

vx = ux - accelx * time_step #velocity in the x axis at any instant

vy = uy - accely * time_step #velocity in the y axis at any instant

h += uy * time_step - 0.5 * accely * time_step * time_step #height at any instant of the projectile

x += ux * time_step - 0.5 * accelx * time_step * time_step #range at any instant in the x axis of the projectile

print("Height " + str(h) + " Range " + str(x)) #printing the current position

time.sleep(time_step) #waiting for 0.01 secs

time_elapsed += time_step #calculating the time elapsed

ux = vx #setting the final velocitites to new initial velocities

uy = vy

if h <= 0.0: #if a height 0 is reached

if x > maxRange:

maxRange = x #max angles are noted

maxAngle = angle

h = 5.0 #variables are initialized

x = 0.0

u = 70.0

vx = 0.0

vy = 0.0

print("Wait till the next simulation starts.....")

time.sleep(10.0 - time_elapsed) #wait for 10 secs

time_elapsed = 0.0

break

print("The optimum angle for for Callista is {} degrees which will give her a range of {} metres".format(str(maxAngle),str(maxRange))) #the optimum angle is printed

Explanation:

3 0
2 years ago
Brianna is giving a speech on job specialization for her business class. She will most likely tell the class that one of the rea
Orlov [11]

Answer:

​the organization is too large for one person to do everything.

Explanation:

It is likely that Brianna will mention the fact that job specialization is necessary when an organization reaches a certain size. When an organization is very big, it becomes impossible for a single person to complete all tasks. Therefore, more employees have to be hired, and in order to be able to cooperate, they will have to divide their tasks. As these tasks are repeated, they will become more specialized.

hope this helps! have a wonderful day!

my name is brianna btw :) hehe

3 0
2 years ago
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