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2 years ago

A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

1 answer:

7 0

<span>The profit margin for above calculation is 34%. The profit margin can be calculated by dividing net income by net sales and finally multiplying with 100.</span>

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On January 1, 20x1, the ABC Corporation purchased 80% of the XYZ Company's voting stock for $3,000,000. The FMV of all of XYZ's

frutty [35]

Answer: $440000

Explanation:

Fair market value = $4025000

Book value of asset = $2,850,000

Land value = $625,000

The value of the goodwill will be

(Fair market value - book of asset - land value) × 80%

= ($4,025,000 - $2,850,000 - $625,000) × 80%

= 550000 × 80%

= 550000 × 0.8

= $440,000

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2 years ago

A client asks his accountant to ignore a mistake which overstated the accounts receivable account. The accountant decides that t

svp [43]

Answer:

B. Stage 3

Explanation:

Kohlberg's stages of moral development refers to the various stages of how individuals respond morally and under what circumstances. The theory is based upon how morals guide our actions and moral dilemmas faced by individuals.

Among the various stages defined by Kohlberg, Stage 3 corresponds to acting to serve the best interests of the client as well as maintaining good interpersonal relationships.

Under stage 3, an individual seeks social approval in his acts i.e his actions are governed by social values.

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2 years ago

Identify the careers that require a college degree and those that require an apprenticeship.

Montano1993 [528]

Answer:

solar panel repair technician : apprenticeship.

petroleum engineer: college degree

industrial production manager : college degree

plumber : apprenticeship.

landscape architect : apprenticeship.

security installer: apprenticeship.

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2 years ago

Read 2 more answers

The required return on mountain brook stock is 13.8 percent and the dividend growth rate is 3.64 percent. the stock is currently

ASHA 777 [7]

The required return on mountain brook stock is 13.8 percent and the dividend growth rate is 3.64 percent. the stock is currently selling for $32.80 ashare.Dividend yield = 0.14 - 0.035 = 10.5 percent

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2 years ago

A U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sal

Dmitrij [34]

Answer:

Part A:

Labur Productivity:

For US=5.14, LDC=1.35

Capital Productivity:

For US=1.72 LDC=4.31

Part B:(Multi factor productivity)

For US=1.29 LDC=1.03

Part C: (Raw material productivity)

For US=4.90 LDC=10.02

Explanation:

Part A:

Labur Productivity:

For US:

$Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{100505}{19550} \\Partial Labor Productivity=5.14$

For LDC:

$Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{19600}{14550} \\Partial Labor Productivity=1.35$

Capital Productivity:

For US:

$Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{100505}{58600}\\Capital Productivity=1.72$

For LDC:

$Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{19600}{4550}\\Capital Productivity=4.31$

Part B:

For US:

$Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{100505}{19550+58600} \\Multifactor Productivity=1.29$

For LDC:

$Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{19600}{14550+4550} \\Multifactor Productivity=1.03$

Part C:

For US:

$Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{100505}{20500} \\ Raw material productivity=4.90$

ForLDC:

Converting Raw material FC into $ (1$=10FC)

Raw Material =19550/10=$1955

$Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{19600}{1955} \\ Raw material productivity=10.02$

3 0

2 years ago