Answer:
d) 2%
Explanation:
ROA = profit margin x assets turnover ratio
ROA = 4%
assets turnover ratio = sales / assets = 2
profit margin = ROA / assets turnover ratio = 4% / 2 = 2%
Profit margin refers to how much money does a company make from its revenue, i.e. how many cents does a company earn from every dollar of revenue. In this case, the company's net profit is 2¢/$
Answer and Explanation:
The computation is shown below:
a) The adjusted basis for the land and the building at the acquisition date is
Land = $100,000
Building = $400,000
We recognized the purchase price of land and building
b. And, the adjusted basis for the land and the building at the end of 2019 is
Land = $100,000
Building is
= $400,000 - $4,708
= $395,292
We considered the cost recovery for the computation above
Answer:
1. Repetitive and continuous
2. Call
3. How, what, and when
4. Material problem
Explanation:
The work of Stickley furniture is described as repetitive and continuous. This is because, the company will continue to be producing the same kind of furniture continuous, This will be so because, furniture have a limited number of make. For example, furniture are chairs, tables, cabinet, stool and shelf. These things will be continually produced by the company.
The company will be able to keep track of job status and location through call.
Meanwhile, when the company received an order. The questions they will ask are, what type of furniture they want? When they want it?, How they want it delivered, is it in batches? Where they want it delivered?
density=mass/volume
mass=density *volume
mass of mercury=13.6 *50=680g
mass of bottle when filled with mercury=680 +25=705g
