A firm has net working capital of $480, net fixed assets of $2,226, sales of $5,900, and current liabilities of $790. How many dollars worth of sales are generated from every $1 in total assets

Answers

Answer 1

Answer:

the sales per dollar of assets is 1.69

Explanation:

The computation of the dollars worth of sales is shown below;

Currents assets is

= $480 + $790

= $1,270

And,

total assets is

= $1,270 + $2,226

= $3,496

Now

sales per dollar of assets is

= $5,900 ÷$3,496

= 1.69

hence, the sales per dollar of assets is 1.69


Related Questions

Unimart Precision Manufacturing:
Beginning inventory Merchandise $275,000
Finished goods $450,000
Cost of purchases $500,000
Cost of goods manufactured $900,000
Ending inventory Merchandise $115,000
Finished goods $375,000
Compute cost of goods sold for each of these two companies for the year ended December 31, 2015.
a. Merchandising Business:
b. Manufacturing Business:

Answers

Answer:

A. $660,000

B. $975,000

Explanation:

We know that ;

Cost of goods sold = Opening inventory + Purchases - Ending inventory

For Merchandising Business, it would be

= $275,000 + $500,000 - $115,000

= $660,000

For Manufacturing Business, it would be;

= $450,000 + $900,000 - $375,000

= $975,000

Experience with capitation suggests that few providers have the administrative skills demanded by it. few providers have the data systems demanded by it. its financial risks for providers can be substantial. all of the above.

Answers

Answer: its financial risks for providers can be substantial.

Explanation:

Capitation is a type of payment plan that is used in the healthcare industry. It works by paying the healthcare provider a certain amount of money for a person in a specific period of time even if the person does not take advantage of this by coming to the provider.

This can pose substantial financial risk to the provider because a situation might arise where the person who was paid for comes in so many times for care that the provider spends more taking care of the person than if the person had paid for every visit.

Mary O. Andrettey wants to purchase an expensive sports car. She needs to borrow money to purchase the car, and has loan proposals from three different sources. The cash flows for each proposal are:

Answers

Answer: Proposal C

Explanation:

The way to solve this is to calculate the Present Values of all these payments. The smallest present value is the best.

Proposal A.

Periodic payment of $2,000 makes this an annuity.

Present value of Annuity = Annuity * ( 1 - ( 1 + r ) ^ -n)/r

= 2,000 * (1 - (1 + 0.5%)⁻⁶⁰) / 0.5%

= $103,451.12

Proposal B

Present value = Down payment + present value of annuity

= 10,000 + [2,200 * ( 1 - ( 1 + 0.5%)⁻⁴⁸) / 0.5%]

= 10,000 + 93,676.70

= $103,676.70

Proposal C

Present value = Present value of annuity + Present value of future payment

= [500 * (1 - (1 + 0.5%)⁻³⁶) / 0.5%] + [116,000 / (1 + 0.5%)⁶⁰]

= 16,435.51 + 85,999.17

= $‭102,434.68‬

Proposal C has the lowest present value and so is best.


Select the correct answer.
Diversity awareness is the ability to understand and respect other cultures. Which interpersonal skill might be affected by a lack of diversity
awareness?
ОА
teamwork
OB
time management
OC goal-setting
OD self-representation

Answers

A Teamwork is affected by lack of diversity

Answer:

Teamwork

Explanation:

Which of the following is the basis for research surveys?

O trial and error
O problem-solving strategy
O scientific method

Please help me

Answers

Answer:

A

Explanation:

Answer:

Actually, the answer is scientific method.

Explanation:

I took the stem test on edgenuiity and got it right.

Supervisor: "I need you to work on your team retention."
OK, I will work on improving my team's attitude.
OK, I will work on keeping my employees longer.
OK, I will tell my team they need to work overtime.
OK, I will work on improving my team's performance.
OK, I will tell my team they cannot take a vacation right now.

Answers

Answer: OK, I will work on keeping my employees longer.

Explanation:

Retention in business refers to keeping things longer and it is usually used in terms of employees. When therefore concepts like Team and Employee retention are said, they are referring to keeping employees and team members in a company for longer.

Team retention reduces the cost of labor because it means that less money will be spent on getting new employees and having to train them afresh every time. More seasoned employees also know how the business works and so will make fewer mistakes.

How do you answer someones question i don't seem t obe able to do that

Answers

Answer:

You have to go to the question that wou want to answer and click the option that says "add answer" under the question. If that option isnt available it means that two people have already answered it. Therfore you are unable to add your response.

Hope this helped!! x

8. A company manufactures two products X and Y. Each product has to be processed in three departments: welding, assembly and painting. Each unit of X spends 2 hours in the welding department, 3 hours in assembly and 1 hour in painting. The corresponding times for a unit of Y are 3, 2 and 1 respectively. The man-hours available in a month are 1500 for the welding department, 1500 in assembly and 550 in painting. The contribution to profits are $100 for product X and $120 for product Y.
A. Formulate the appropriate linear programming problem
B. Solve it graphically to obtain the optimal solution for the maximum contribution

Answers

I’m not sure. sorry i can’t answr

100x+120y = z, z= $ 63000 is the appropriate linear programming problem.

What is Linear Programming?

A mathematical formalism whose requirements are expressed by linear connections can be optimized using a technique known as linear programming. A particular type of mathematical programming is linear programming.

By applying different constraints, a linear function is maximized or reduced in linear programming, a mathematical modeling technique. In commercial planning, industrial engineering, and—to a lesser extent—the social and physical sciences, this method has proven helpful for directing quantitative decisions.

We obtain the equations of lines as 4x + y = 40 but also 2x + 3y = 90 by summing the constraints. Z has a minimum value of 127, hence, B (3, 28) provides the best option.

It is composed of linear functions that are subject to equations or inequalities. Combinatorial optimization makes heavy use of the linear programming technique, which consists of a linear inequality as well as a linear function. It is referred to as linear programming for these reasons.

Learn more about Linear Programming here:

https://brainly.com/question/29405467

#SPJ2

Which of the following is an advantage of a small business?
Greater adaptability to changing market demands
High success rates
Diverse and large workforce
OLow levels of stress in managing the business
Highly trained and competent staff

Answers

Greater adaptability to changing market demands
Greater adaptability to changing market demands .

When you compare prices for high definition televisions at various stores, you are using money as a(n)medium of exchange.standard of value.store of value.payment method.unit of currency.

Answers

Answer:

standard of value

Explanation:

The standard of the value permits all types of merchants and the economic entities to set the fix price for the goods and services in order to stable the economy

So as per the given situation since it is mentioned that in the case when you do the comparision for HD television so you are using the money via standard of value

So the same is relevant

want more points?.//

Answers

Yesh please and thankk you!

Answer:

tq for your points ... bye have a great day....

True or False: It's always better to take a loan from a private bank to pay for your college tuition.

Answers

Answer:

False

Explanation:

Generally, government student loans are much cheaper than loans given from private banks. Government student loans usually carry a very low interest rate, lower than the rates used by private banks. Also, the government might provide additional assistance during special times, like the current health crisis where payments were frozen.

Which of the following traits is most likely to be associated with the “A” in RIASEC?
A.
Problem solving
B.
Creative
C.
Good communicator
D.
Concerned with helping others

Answers

The correct answer is creative.

Thank me by clicking on the ❤️. Thanks!

Answer:

B, Creative

Explanation:

8.) Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. What price would you expect a 6-month-maturity Treasury bill to sell for

Answers

Answer: $9,803.92

Explanation:

There is information missing here which is that: The face value of the T-bill is $10,000.

The value of the Treasury bill is the face value discounted to the current period.

If it is to earn 2% every 6 months, this would represent one single period and  the present value would be:

= 10,000 / ( 1 + 2%)

= $9,803.92

Why do overhead costs often shift from high-volume products to low-volume products when a company switches from a conventional costing method to activity-based costing

Answers

Answer:

When a company is using conventional costing methods, the costs are allocated based on volume so those products with a high volume will get a higher share of the costs.

When Activity-based costing is used however, costs are assigned more accurately which will lead to the actual products that are causing the costs incurring them instead of those high-volume products so it will appear as though overhead costs have shifted from high-volume products to low-volume products.

Help I will give brainliest at least a couple done

Answers

Answer:

#2 is concierge

#3 is event planner

#4 is cafeteria worker

#5 is garden ranger

#6 is exhibit developer

#7 is kitchen steward

#8 is destination manager

#9 is pastry chef

#10 is desk clerk

#11 is bell captain

#12 is slot supervisor

#13 is club membership developer

#14 is dishwasher

#15 is motion picture something?

#16 is van driver

#17 is amusement ride attendant

#18 is waiter

#19 is sports book writer

#20 is product demonstrator

#21 is festival promotional something?

#22 is animal trainer

#23 is ticket taker

#24 is tour operator

#25 is dietician

#26 is welcome center supervisor

#27 is baggage porter

#28 is cut off

#29 is restaurant owner

#30 is barista

Explanation:

HOPE THIS HELPS! :)

The following Is a list of well-known companies.
1. Alcoa Inc.
2. Boeing
3. Caterpillar
4. Citigroup Inc.
5. CVS
6. Dow Chemkal Company
7. eBay Inc.
8. FedEx
9. Ford Motor Company
10. Gap Inc.
11. Block
12. Hilton Hospitality, Inc
13. Procter & Gamble
14. SunTrust
15. Walmart Stores, Inc.

Required:
Indicate whether each of the above companies are primarily a service, merchandise, or manufacturing business.

Answers

Answer:

  The companies                              Indication

1. Alcoa Inc.                                     Manufacturing business

2. Boeing                                         Manufacturing business

3. Caterpillar                                    Manufacturing business

4. Citigroup Inc.                               Service business

5. CVS                                              Merchandising business

6. Dow Chemkal Company             Manufacturing business

7. eBay Inc.                                      Service business

8. FedEx                                           Service business

9. Ford Motor Company                  Manufacturing business

10. Gap Inc.                                       Merchandising business

11. H&R Block                                    Service business

12. Hilton Hospitality, Inc                 Service business

13. Procter & Gamble                       Manufacturing business

14. SunTrust                                      Service business

15. Walmart Stores, Inc.                   Merchandising business

Season tickets for the Dingos are priced at $340 and include 17 home games. An equal amount of revenue is recognized after each game is played. When the season began, the amount credited to Unearned Ticket Revenue was $1,819,000. By the end of October, $1,284,000 of the Unearned Ticket Revenue had been recognized as revenue.

Required:
a. How many season tickets did the Dingos sell?
b. How many home games had the Dingos played by the end of October?
c. Prepare the entry to recognize the revenue after the first home game had been played.

Answers

Answer:

Season tickets sold = $1,819,000 / $340

Season tickets sold = 5,350 tickets

Games played by the end of October = [$1,284,000 / ($1,819,000 / 17 games)]

Games played by the end of October = $1,284,000 / 107,000

Games played by the end of October = 12 games

Journal Entry to record initial sale of ticket

Accounts title                            Debit             Credit

Cash                                      $1,819,000

Unearned Ticket revenue                          $1,819,000

Journal Entry to record first home game revenue

Accounts title                            Debit         Credit

Unearned Ticket revenue    $107,000  

Ticket revenue (earned)                          $107,000

The following selected data are taken from the comparative financial statements of Superior Curling Club. The club prepares its financial statements using the accrual basis of accounting.
September 30 2012 2011
Accounts receivable for member dues $19,470 $10,440
Unearned sales revenue 19,810 27,810
Service revenue (from member dues) 147,500 $131,300
Dues are billed to members based upon their use of the club’s facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game.
(Hint: You will find it helpful to use T accounts to analyze the following data. You must analyze these data sequentially, as missing information must first be deduced before moving on. Post your journal entries as you progress, rather than waiting until the end.)
1. Prepare journal entries for each of the following events that took place during 2012. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
2. Determine the amount of cash received by the Club from the above transactions during the year ended September 30,

Answers

Answer and Explanation:

1. The journal entries are as follows;

a. Cash $10,440

            To Accounts receivable $10,440

(being cash received is recorded)

b. Unearned sales revenue $27,810  

             To Sales revenue $27,810

(Being unearned sales revenue is recorded)

c.  Cash $38,070  

       To Unearned sales revenue $38,070

(Being cash received is recorded)  

Unearned sales revenue $18,260  

Sales revenue $18,260

(Being unearned sales revenue is recorded)

d, Accounts receivable $147,500  

         To Service revenue $147,500

(being service revenue is recorded)

e. Cash $128,030  

         To Accounts receivable $128,030

(Being cash received is recorded)

2. Now the amount received is

= $10,440 + $38,070 + $128,030

= $176,540

Which of the following statements regarding financial statement analysis is incorrect? A. The profit margin can be viewed as a measure of expense control. B. The two most popular measures of company size are net sales revenue and total assets. C. A profitability ratio provides a comparison of an income measure and a size measure. D. In DuPont analysis we break return on assets down into two other ratios that can be compared to their own industry average benchmarks. E. The current ratio measures a company’s effectiveness in using fixed assets to support sales.

Answers

Answer: The current ratio measures a company’s effectiveness in using fixed assets to support sales.

Explanation:

The statement regarding a financial statement analysis that is incorrect is option E "the current ratio measures a company’s effectiveness in using fixed assets to support sales".

The current ratio is used by a company to know if there are enough resources that are available in order to meet the short term obligations of the company.

This is done through the comparison of the current assets of the company to the current liabilities of the company.

The next dividend payment by Hot Wings, Inc., will be $4.25 per share. The dividends are anticipated to maintain a 3 percent growth rate forever. Required:If the stock currently sells for $59 per share, what is the required return

Answers

Answer:

10.20%

Explanation:

According to the Gordon constant growth model :

value = D1 / r - g

D1 = next dividend = $4.25

r = required return

g = growth rate = 3%

value = $59

$59 = $4.25 / r - 0.03

4.25 / 59 = r - 0.03

0.072034 = r - 0.03

r = 0.102034

r = 10.20%

Strand, Inc. is currently engaged in negotiations with one of its major unions. The company is covered by the LMRA. If Strand issues a factually correct statement regarding its financial status along with the opinion of its auditors that meeting the union demands would require the company to close down, it is likely that Strand will be in compliance with the act. True False

Answers

Answer: True

Explanation:

The Labour Market Regulatory Authority is responsible for regulation of the labour market.

Based on the information given in the question, we can say that Strand will be in compliance with the act. Therefore, the answer is true.

Kara Fashions uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. Three years after its purchase, one of Kara’s buildings has a book value of $400,000 and a tax basis of $300,000. There were no other temporary differences and no permanent differences. Taxable income was $4 million and Kara’s tax rate is 25%. What is the deferred tax liability to be reported in the balance sheet? Assuming that the deferred tax liability balance was $20,000 the previous year, prepare the appropriate journal entry to record income taxes this year.

Answers

Answer:

A. Credit $5,000

B. Dr Income tax expense $1,005,000

Cr Income tax pay$1,000,000

Cr Deferred tax liability $5,000

Explanation:

Calculation for What is the deferred tax liability to be reported in the balance sheet

Deferred tax liability=[ (400,000-300,000)*.25]-20,000

Deferred tax liability=($100,000*.25)-$20,000

Deferred tax liability=$25,000-$20,000

Deferred tax liability=$5,000 Credit

Therefore the deferred tax liability to be reported in the balance sheet will be $5,000 Credit

B. Preparation of the appropriate journal entry to record income taxes this year.

Dr Income tax expense $1,005,000

Cr Income tax pay$1,000,000

(4million *.25)

Cr Deferred tax liability $5,000

102M in preferred stock, $85M in book value of common stock, and $120M in debt selling at 96.7%. The common stock has a market to book ratio of 1.75, a yield to maturity on its debt of 5.4%, and a return on its preferred stock of 9.45%. The company is sitting in the 18% tax bracket, has a beta of 1.25 on its common stock, the market return is 15% and the risk free rate is 3.24%. What is the Cost of Preferred Stock

Answers

Answer:

9.45%

Explanation:

the cost of preferred stock is given by the question.

the formula that we can use to calculate the cost of preferred stock = preferred dividends / market price per preferred stock

remember that preferred dividends are paid with after tax earnings, so they do not reduce taxes

_______best tip of the waiter a.attitude b.gratitide c.money d.foods​

Answers

Answer:

Gratititude, because attitude is nice but not the best, money doesn't buy happiness, and the waiter serves YOU food.

Answer:

C: money. It would be money because the waiter or waitress doesn't care if your nice they just need to make a living.

Explanation:

             May I have brainliest please I'm trying to level up!

                             </3 PureBeauty

The law of comparative advantage suggests that Group of answer choices curtailing U.S. trade with other countries would make U.S. consumers better off. everyone would be better off if they were self-sufficient. countries will tend to import commodities that they can produce at a relatively low opportunity cost. countries will tend to import commodities that they can produce at a relatively high opport

Answers

Answer:

countries will tend to import commodities that they can produce at a relatively high opportunity cost

Explanation:

The Comparative advantage would be taken place at the time when the one country would generate the good or the service at a lesser opportunity cost as compared to other country, In the case when the importing country would have the high opportunity cost in generating the product so it is better to import from the other country so that the cost would be saved as much as more

Therefore the last option is correct

You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products: penguin patties, frizzles, and mookies. All of these products have been on the market for some time, but, to entice better sales, Run-of-the-Mills wants to try a new advertisement that will market two of the products that consumers will likely consume together. As a former economics student, you know that complements are typically consumed together while substitutes can take the place of other goods. Run-of-the-Mills provides your marketing firm with the following data: When the price of penguin patties decreases by 5%, the quantity of frizzles sold increases by 4% and the quantity of mookies sold decreases by 5%. Your job is to use the cross-price elasticity between penguin patties and the other goods to determine which goods your marketing firm should advertise together.

Complete the first column of the following table by computing the cross-price elasticity between penguin patties and raskels, and then between penguin patties and kipples. In the second column, determine if penguin patties are a complement to or a substitute for each of the goods listed. Finally, complete the final column by indicating which good you should recommend marketing with penguin patties.


Relative to Splishy Splashies
Cross-Price Elasticity of Demand Complement or Substitute Recommend Marketing with Splishy Splashies

Flopsicles
Kipples

Answers

Answer:

Explanation:

a) Data and Calculations:

Decrease in the price of penguin patties = 5%

Quantity of frizzles sold increase by 4%

Quantity of mookies sold decrease by 5%

Cross-price elasticity of frizzles relative to penguin patties = 4%/-5% = -0.8

Cross-price elasticity of mookies relative to penguin patties = -5%/-5% = 1

Relative to Frizzles  Cross-Price                 Complement   Recommend

and Mookie's          Elasticity of Demand   or Substitute     Marketing

Frizzles                   -0.8 (4%/-5%)                Complement    with patties

Mookie's                  1 (-5%/-5%)                  Substitute          without patties

b) The cross-price elasticity measurements for penguin patties and frizzles and Mookie’s are calculated by taking the percentage changes in the quantity demanded of frizzles and Mookie’s and dividing them by the percentage change in the price of the penguin patties. Complementary goods have a negative cross- price elasticity because as the price of penguin patties decreases by 5%, the demand for the frizzles increases by 4%. Substitute goods have a positive cross-price elasticity because as the price of penguin patties decreases by 5%, the demand for the other good decreases by 5%.

How does a proportional taxation system work?
A. It makes wealthier citizens pay a higher percentage of their
income in taxes.
B. It makes less wealthy citizens pay a higher percentage of their
income in taxes.
C. It requires all citizens to pay all of their income in taxes for
redistribution.
D. It makes all citizens pay the same percentage of their income in
taxes.

Answers

Answer:

D. It makes all citizens pay the same percentage of their income in

taxes.

Explanation:

A proportional tax system imposes the same tax rate for all individuals regardless of the level of income. For example, if the tax rate is set at 5%, all taxpayers will be taxed at that rate. A person earning $10,000 will pay $500 (5% of 10,000) while the one earning $100,000 ( 5% of 5000)will pay $5,000.

A proportion tax system is also known as the Flat rate system. It is easy to compute and implement. The propositional tax system may appear to be fair because it treats all taxpayers equally and encourages people to earn more. However, it places a heavy tax burden on low-income earners.

Bloom Company management predicts that it will incur fixed costs of $269,000 and earn pretax income of $337,900 in the next period. Its expected contribution margin ratio is 51%.
Required:
1. Compute the amount of total dollar sales.
2. Compute the amount of total variable costs

Answers

Answer:

1. $1,190,000

2. $583,100

Explanation:

1. Total dollar sales

First, we will get the value for contribution margin

Contribution margin - Fixed cost = Operating income

Contribution margin = Operating income + Fixed cost

Contribution margin = $337,900 + $269,000

Contribution margin = $606,900

The next step is to use contribution margin ratio to determine the sales

Contribution margin / Sales = Contribution margin ratio

606,900 / Sales = 0.51

Sales = 606,900 / 0.51

Sales = $1,190,000

2. Total variable cost

We will use the contribution margin to solve total variable cost

Sales - Variable cost = Contribution margin

$1,190,000 - Variable cost = $606,900

Variable cost = $1,190,000 - $606,900

Variable cost = $583,100

ccording to the U.S. Bureau of Labor Statistics, there were chefs/head cooks employed in the United States in and food service managers. Those numbers were projected to decrease to and by . Which job was facing the larger percent decrease? By how much? Round your answer to two decimal places, if necessary.

Answers

Answer:

Food service managers are facing a larger percent decrease at 3.31%

Explanation:

The percentage decrease in chefs/head cooks is:

= (100,600 - 99,800) / 100,600

= 0.795%

= 0.8%

Percentage decrease for food service managers is:

= (320,600 - 310,000) / 320,600

= 3.31%

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What is the simple interest paid to the nearest cent for each principal, interest rate, and time? $850, 4%, 6 months $2,040$1,700$204$17 Mrs. Taylor made 67 tissue holders each day. She decided to sell her tissue holders and sold out each day for four weeks. How many tissue holders did she sell? A. 1,876 tissue holders B. 1,866 tissue holders C. 1,407 tissue holders D. 670 tissue holders What's one phrase or buzzword you'd like to get rid of in 2021? HELP!!!HALP MEEEEEEEE Sort these effects of the bubonic plague based on whether they were short-term or long-term effects. Ricky has a bowl with 80 jellybeans there are 16 red 24 green 12 yellow black, ricky takes one jellybean from the bowl without looking Explain 2 major differences between the colonial regions of New England and the Southern Colonies? what were at least 2 important events from the progressive era? What is the solution to the inequality?-3x+2 The quotient of 24 and the sum of 5 and 3 What is the lower respiratory system? Geometry help please Factor using the magic X method:x^2 + 6x + 5SHOW WORK!!! The images show fossils of a modern bird and two extinct organisms (a Tyrannosaurus Rex and an Archaeopteryx). Based on the structure of the three organisms, it can be concluded that _________. The Archaeologyx and bird have wings, while dinosaurs have limbs. So, it can be concluded that _____________.Dropdown box #1: they share a common ancestor - they do not share the same ancestor - they are not linked through evolution.Dropdown box #2: the Archaeologyx evolved from birds - the Archaeologyx came after dinosaurs but after birds - the Archaeologyx evolved before nonflying dinosours. A real estate agent earns a 6% commission on every house he sells. He sold a house for $150,000. How much commission did the real estate agent earn? Jon and Mitchel go fishing. The mass of fish Jon caught was three times the mass ofMitchel's catch. The total mass of fish caught was 13kg. What mass of fish did Jon ancMitchel each catch? Rosie's garden is 11 feet long. If she divides the length of the garden into -foot sections, how many sections will there be in the garden? A. 33 B. C. 8 D. A flammable material is burning.EXOENDO which one of the four M.A.I.N. causes of WW1 was the most influential in starting the war? In your own words, what is the Social Contract Theory? What are at least two of your personal freedoms that you have given up to be a part of this social contract and what are two things you receive in return?