Selling and administrative expenses are period costs. They are expensed in the period incurred but not capitalized as part of the inventory.
The answer is c. Period cost
Period costs are costs that cannot be capitalized on a company's balance sheet. That is, they are expensed in the period in which they are incurred and appear on the income statement. Period costs are also known as period costs.
Other examples of period costs include marketing expenses, rents (not directly tied to manufacturing facilities), office depreciation, and indirect labor costs. Interest expense on company debt is also classified as a period expense.
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What are two common security threats that it personnel encounter in businesses on a regular basis?.
The two common security that threats that IT personnel encounter in businesses on aregular basis are hacking and malware. Read below about hacking.
What is hacking?A security hacker is someone who explores methods for breaching defenses and exploiting weaknesses in a computer system or network. It is also the act of compromising digital devices and networks through unallowed permission to an account or computer system.
Therefore, the correct answer is as given above
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What two activities are included in the preapproach stage of the personal selling process?
Two activities that are included in the approach stage of the personal selling process are -
gathering information about potential customers.deciding on the best method for an initial meeting.The following is included in the approach stage of the personal selling process initial meeting to get the prospect's attention, which is the basis of the sales presentation. Orders are sales representatives who process recurring or back-ordered orders for products that the company has already sold.
Prepaid tasks include product training and prospect identification. Approach customers, identify customer needs, present products or services, answer questions or objections, close sales, and follow up after sales.
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One way to eliminate intermediate goods from the measure of gdp is to subtract from the measure of all output the:_______
When calculating GDP intermediate goods are eliminated to avoid double counting of goods, as already the input is added which includes these intermediate goods.
What is GDP?GDP stands for Gross Domestic Product. It is the total production of a country and is very essential in growth of a country, developing or poor countries generally have a lower GDP as compared to developed countries.
The amount of intermediate goods can be subtracted from output total to formulate the figure of GDP.
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The system of meaning and power created to determine who is related to whom and to define their mutual expectations, rights, and responsibilities is?
Answer:
kinship
Explanation:
The purchase of the economy's expanding goods and services by households, businesses, and the government is known as the
The purchase of the economy's expanding goods and services by households, businesses, and the government is known as the factor.
Economic efficiency means an economic state in which all resources are optimally allocated to best serve each individual or entity while minimizing waste and inefficiency. If the economy is economically efficient, changes made to help one company will harm another.
A compound economy means that producing one good reduces the cost of producing another related good. Economies of scope occur when it is less expensive for a firm to produce more types of goods or services together than it is to produce fewer types of goods or each good individually.
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In the graph above, the point E represents values which are __________ with current resource use and current technology.
In the graph above, the point E represents values which are unattainable with current resource use and current technology.
What point is the unattainable point in the PPC?PPC refers to production possibility curve, This is a curve that shows the relationship between available resources to what can be attained.
The points outside the curve implies that the producer cannot achieve what they want given the available resources in the economy, however if the points are within the curve the available resources can meet with the intended production
Point E is a is a point that is beyond the graph, that is outside the graph. The resources available cannot attain production.
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Complete questionThis is an attachment
A company can have many different levels of measuring KPIs. What types of KPIs can be measured besides company-level, campaign-level, department-level, and team-level KPIs
The types of KPIs that can be measured besides company-level, campaign-level, department-level, and team-level KPIs is the marketing tactic-level KPIs.
What is key performance indicator?It should be noted that KPI stands for key performance indicator. This is a quantifiable measure of performance over time for a specific objective.
In this case, KPIs provide targets for teams to shoot for, milestones to gauge progress, as well as insights that help people across the organization make better decisions.
A key performance indicator is a type of performance measurement. It should be noted that KPIs evaluate the success of an organization or of a particular activity in which it engages.
The Key Performance Indicators include:
Revenue growth.Revenue per client.Profit margin.Client retention rate.Customer satisfaction.In conclusion, the correct option is marketing tactic-level KPIs.
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Ramon is a very balanced task and relation-oriented leader. which type of leadership does ramon have?
Ramon is a very balanced task and relation-oriented leader. Ramon has behavioral leadership.
Theories of leadership explain how and why specific individuals become leaders.
They emphasize the character characteristics and actions that people might adopt to improve their leadership skills.
According to the behavioral leadership hypothesis, a leader's effectiveness is determined by their behavior rather than by their inherent qualities.
According to the behavioral leadership theory, a leader's responses to a particular scenario should be observed and evaluated.
According to this belief, leaders are created, not born.
According to this theory's proponents, anyone who can learn and apply specific characteristics can become an effective leader.
Hence, Ramon is a very balanced task and relation-oriented leader. Ramon has behavioral leadership.
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Ramon is a very balanced task and relation-oriented leader. which type of leadership does Ramon have : behavioral
Leadership is the accomplishment of a goal through the direction of human assistants. The man who successfully marshals his human collaborators to achieve particular ends is a leader.
A good leader maintains and develops skills, knowledge and experience in themselves and others. A good leader is objective, fair and reasonable.
Leadership is the ability of an individual or a group of individuals to influence and guide followers or other members of an organization.
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Zipster is a local manufacturer of athletic shoes. Zipster has decided it wants to expand to global markets and to offer a larger selection of items. It plans to offer not just athletic shoes but also luggage and car accessories. Zipster is engaging in ______.
According to the research, Zipster is engaging in product diversification by expanding to global markets and offering a larger selection of items.
What is product diversification?It is a strategy focused on the creation of new products or services, with the aim of finding other consumer profiles with needs or desires to serve and entering new sectors in the global markets.
It is generally linked to the fact that the company has reached a stage of growth or maturity that allows it to offer a larger selection of items that, over time, tends to consolidate the corporate brand.
Therefore, we can conclude that according to the research, Zipster is engaging in product diversification by expanding to global markets and offering a larger selection of items.
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Companies like State Farm, a leading property and casualty insurance company, believe that the best way to create relationships with customers is to join them in activities they enjoy. Which type of market segmentation best captures this combination of age and interest in contemporary or alternative music
The type of market segmentation best captures the combination of age and interest in contemporary or alternative music is called "Demographic segmentation marketing".
What is market segmentation?Market segmentation is to pinpoint specific customer groups so that merchandise and branding can be tailored to appeal to them. There are many different ways to segment markets, including geographically, demographically, or behaviorally.
What is Demographic segmentation marketing?By focusing on characteristics like age, gender, income, occupation, and family status, demographic segmentation separates current and potential customers into groups.
The importance of Demographic segmentation marketing are-
You can target your marketing strategy more precisely with demographic segmentation. It aids in vision clarification, gives future advertising plans more focus, and helps you make the most of your time, money, and resources. You should target this group if the average age of your customers is between 20 and 35.Companies can better grasp their potential markets thanks to these smaller sectors, which also helps them manage their time and resources.To know more about the Market Segmentation, here
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How could jim get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment?
Jim could get the views of employees who may have left the company due to perceptions of discrimination or unequal treatment by contacting them. For contacting the employees who have left the company due to perceptions of discrimination or unequal treatment Jim should first find out details of those people like phone number and email address.
After finding out the details, he should contact them and ask what is their reason to leave the company and if they feel discrimination or unequal treatment practice in company and if yes why they feel so. If they give confirmation regarding the same then Jim should talk to the current employees and find out how it happen and who practices this in firm.
After knowing the issue Jim should take appropriate steps to discard this practice from the organization.
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On the Cartesian plane, the midpoint between two points $A(a,b)$ and $B(c,d)$ is $M(m,n)$. If $A$ is moved vertically upwards 20 units and horizontally to the right 14 units, and $B$ is moved vertically downwards 4 units and horizontally to the left 2 units, then the new midpoint between $A$ and $B$ is $M'$. What is the distance between $M$ and $M'$
The distance between M and M' is 10 units.
What is a cartesian plane?Cartesian Plane is a two-dimensional plane in the cartesian coordinate system. Rene Descartes designed the cartesian plane in the 17th century. The most important property of a cartesian plane is that it connects two branches of mathematics: Euclidean Geometry and Algebra.To find the distance between M and M', calculate as follows:
Let,
[tex]M=[\frac{(a+c)}{2},\frac{(b+d)}{2} ]=(m,n)\\A'=(a+14,b+20); B' =(c-2,d-4)\\M'=[\frac{(a+c)+12}{2},\frac{(b+d)+16}{2}=(m+6,n+8)\\\sqrt{[(m+6-m)^{2} +(n=8-n)^{2} } =\sqrt{[6^{2} +8^{2} ]} =\sqrt{36+64} =\sqrt[]{100}\\\sqrt[]{100} =10[/tex]
Therefore, the distance between M and M' is 10 units.
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Jacoby Company received an offer from an exporter for 21,300 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $25 Unit manufacturing costs: Variable 13 Fixed 3 The differential revenue from the acceptance of the offer is a.$532,500 b.$894,600 c.$362,100
The differential revenue from the acceptance of the offer by Jacoby Corporation is d. $85,200.
What is differential revenue?The differential revenue is the revenue lost when a company rejects a special order or an alternative decision is made.
Data and Calculations:Exporter's offer = 21,300 units at $17 per unit
Domestic selling price per unit = $25
Variable costs per unit = $13
Fixed costs per unit = $3
Contribution margin per unit based on the special offer = $4 ($17 - $13)
Differential revenue = $85,200 ($4 x 21,300)
Thus, the differential revenue from the acceptance of the offer by Jacoby Corporation is d. $85,200.
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Question Completion with Answer Options:a. $532,500
b. $894,600
c. $362,100
d. $85,200
Buyer Kristin has a buyer agency agreement with Carlotta, a licensee. Kristin's brother, Dalton, is going to showings with Kristin and helping her decide which house is the best fit. Who is/are Carlotta's client(s)
The person that is going to be the client of Carlotta would be Kristen herself.
Who is a client?This is the term that is used to refer to the person that is making use of the services of another professional.
The client has the agent working for him or her. Kristin is the direct client in this question.
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In a small open economy, if the world real interest rate is above the rate at which national saving equals domestic investment, then there will be a trade ______ and ______ net capital outflow. a. surplus; negative b. deficit; positive c. surplus; positive d. deficit; negative
There will be a trade surplus and positive net capital outflow.
There will be a net capital outflow if the global interest rate is higher than the domestic interest rate. Exports will exceed imports, resulting in a trade surplus.
What are the characteristics of an open economy?Its economy is reliant since it depends on other nations for both imports and exports.International alterations have an impact on it.What is a trade surplus?There will be a net capital outflow if the global interest rate is higher than the domestic interest rate. export surplus A trade surplus is an economic indicator indicating a favorable trade balance where a nation's exports are more than its imports. When the outcome of the computation above is positive, there is a trade surplus. A trade surplus is the result of a net local money inflow from international markets. because exports will exceed imports.Learn more about trade surplus and trade deficit :
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Greg has started a small grass cutting business. When is he expected to pay income tax on his earnings?
Answer:
honestly not sure
Explanation:
i just need points
Which areas of culture need to be specifically addressed by marketers when developing a global marketing plan for their company’s products or services?.
The areas of culture that need to be specifically addressed by marketers when developing a global marketing plan for their company’s products or services is: time and punctuality, customs and taboos, religious beliefs and celebrations, values.
What is marketing?Marketing can be defined as the process of creating brands or product awareness so as to increase sales.
Hence, the areas of culture that need to be specifically addressed by marketers are:
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A tax that imposes a small excess burden relative to the tax revenue that it raises is.
A tax that imposes a small excess burden relative to the tax revenue that it raises is an efficient tax.
What Exactly Is Tax Efficiency?The least amount of taxes that are legally required to be paid by a person or a corporation is known as tax efficiency. When a financial choice results in a lower tax bill than a competing financial structure that serves the same purpose, the choice is said to be more tax-efficient.
Tax-Advantaged Mutual Fund
Another approach to lower tax obligations is to invest in a tax-efficient mutual fund, particularly for taxpayers without access to a tax-deferred or tax-free account. In comparison to other mutual funds, a tax-efficient mutual fund is taxed at a reduced rate. Compared to the standard mutual fund, these funds often produce lower rates of returns through dividends or capital gains.
Mutual funds that provide little to no interest income or dividends include small-cap stock funds and passively managed ones, including exchange-traded funds (ETFs) and index funds.
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If the marginal benefit of the first donut is 30 , the marginal benefit of the second donut is 15, and the marginal benefit of the third donut is 10, what is the total benefit from eating 2 donuts?.
The total benefit from eating 2 donuts is 45.
What Does Marginal Gain Mean?
A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit. It also refers to the additional pleasure or utility that a customer experiences after purchasing the extra commodity or service. As a consumer consumes more of a good or service, their marginal benefit tends to drop.
The term "marginal revenue" is frequently used in the business world to describe the manufacturers' marginal gain.
Calculation:
The extra enjoyment attained from eating one more unit of the good is referred to as a marginal benefit. It alludes to the benefit brought on by consuming one additional unit of a good. Total satisfaction obtained from using products and services is the overall gain.
The combined advantages of eating the first two doughnuts equal the benefits of eating two doughnuts.
= 30 +45
=45.
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When producers manage all marketing functions at the retail level they are employing a(n) distribution system.
When producers manage all marketing functions at the retail level they are employing an administered distribution system.
What is distribution system?This refers to how goods produced by manufacturers are moved or transported from production place to final consumers.
Distribution system refers to the transmission of the goods and services and equipment to the end users from the manufacturer. It involves all the methods, logistics and the procedures which is required for the flow of the goods and services to the users.
Advantages of distribution systems are:
1. Distributed systems consists of high implementation costs, but are cost effective in the long run.
2. Distributed systems are made to be efficient in every aspect since they posses multiple computers.
3.The distributed systems are far more reliable than single systems in terms of failures.
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If a perfectly competitive industry were taken over by a monopoly, the monopoly would usually produce more output and charge a higher price.
If a perfectly competitive industry were taken over by a monopoly, the monopoly would usually produce more output and charge a higher price. This statement is false.
What is Monopoly?A monopoly is a market arrangement where one producer or seller holds a disproportionate amount of power within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and impede competition.Antitrust laws are in existence in the US to prevent monopolies, guaranteeing that one company cannot dominate a market and take advantage of its dominance to take advantage of its customers.A single vendor in a market or industry with substantial entry barriers, such as high beginning costs, and no competitors is considered to have a pure monopoly.To know more about monopoly with the given link
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Hannah has been researching sales of garden supplies. She wants to show the pattern that sales follow over the course of a year. Which type of graphic would be most effective
A line graph would be more effective.
A line graph is a form of chart used to show information that adjustments over time. We plot line graphs the usage of numerous factors related by way of straight strains. We also name it a line chart. the line graph accommodates of two axes referred to as the 'x-axis and 'y' axis.
Line graphs are used to tune adjustments over brief and long intervals of time. when smaller changes exist, line graphs are higher to apply than bar graphs. Line graphs also can be used to compare changes over an equal time frame for multiple groups.
A line graph, also known as a line chart, is a form of chart used to visualize the cost of something over time. as an instance, a finance department might also plot the alternate in the number of coins the corporation has handy through the years. The line graph includes a horizontal x-axis and a vertical y-axis.
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When sodium chloride, NaCl , is added to water, it forms a solution. The steps involved in the dissolution of NaCl in water are shown below.
Surely, when sodium chloride, NaCl , is added to water, it forms a solution which
is known as homogeneous solution
This dissolution of sodium chloride in water forms sodium and chloride ions
The chemical equation for the reaction is given below:
NaCl(s) + H2O(l) ⇌ Na+(aq)+Cl−(aq)
Reaction wise, when sodium chloride, NaCl , is added to water, the water molecules pull the sodium and chloride ions far apart, thereby; breaking the ionic bond that held them together. After the salt compounds are pulled apart, the sodium and chloride atoms are surrounded by water molecules
What is homogeneous solution?Homogeneous solutions can be defined as those solutions with uniform composition and properties throughout the solution.
So therefore, surely, when sodium chloride, NaCl , is added to water, it forms a solution which is known as homogeneous solution
NaCl(s) + H2O(l) ⇌ Na+(aq)+Cl−(aq)
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When Ocean Spray decided to make its Craisins (a dried cranberry snack food) available in convenience stores, supermarkets, and vending machines, it was involved with determining _____ strategy.
Ocean Spray was involved in deciding on a distribution strategy when it decided to make its Craisins (a dried cranberry snack food) available in convenience stores, supermarkets, and vending machines.
What exactly is a distribution strategy?The method utilized to deliver commodities, services, and products to consumers or end users is known as a distribution strategy. Depending on the product and its distribution requirements, maintaining a simple and efficient method of getting your goods and services to people frequently results in repeat business.
What is an example of a distribution strategy?Clothing from several companies, for instance, might be supplied in a chosen manner. Instead of putting its products in a variety of retailers like Walmart or Target, a company like Gucci might decide to distribute its goods to its own stores and a few carefully chosen department stores.
Why is it vital to have distribution strategies?By enhancing customer interactions with your organization, distribution strategy contributes to increased client satisfaction and repeat business. Additionally, it might assist you in streamlining your company to increase efficiency.
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In many professional sports leagues, one team is not allowed simply to purchase a player from another team, so they have to trade which requires:
In many professional sports leagues, one team is not allowed simply to purchase a player from another team, so they have to trade which requires: a double coincidence of wants.
What is Trade Sport?In professional sports within the United States and Canada, a trade is a sports league transaction between sports clubs involving the exchange of player rights from one team to another. Though player rights are the primary trading assets, draft picks and cash are other assets that may be supplemented to consummate a trade, either packaged alongside player rights to be transferred to another team, or as standalone assets in exchange for player rights and/or draft picks in return. Typically, trades are completed between two clubs, but there are instances where trades are consummated between three or more clubs.
Trades only involve players who are under contract with their current teams. Free agent players, whose contracts have expired, cannot be traded by their former teams, and are free to join a different team.
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A(n) ________ is a business intelligence tool which extrapolates future values based on current trends.
A forecast worksheet is a business intelligence tool which extrapolates future values based on current trends.
When an individual makes a forecast, Excel generates a new worksheet with a table of the past and future values and a chart illustrating this information. You can use a forecast to predict things like upcoming sales, inventory needs, or consumer trends.
Business intelligence (BI) tools are designed to assist a person in identifying patterns in data and drawing conclusions from them so that he/she makes tactical and long-term business choices. The majority of the time, but not always, the apps read data that has previously been stored in a data warehouse or data mart.
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Typically, the franchisee determines the territory to be served by the franchise. Group of answer choices True False
The False statement about Franchisee is " Franchisee is a method of distributing products or services involving a franchisor "
To find the False statement , we need to know more about Franchisee .
What is Franchisee?A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.
Franchisee in Territorial Rights:
Whether or not the franchisee is granted a form of territorial protection wherein, for example, the franchisor will not grant competing franchises. Typically franchisees will be granted an operating territory within which they are required and restricted to conduct the operations of their franchise business.
The franchise agreement will define where the franchisee may operate the franchised business, who the franchisee may or may not sell products or service to and any protection that may be afforded to franchisee regarding his or her territory.
Thus, we can conclude that the above statement is Typically, the franchisee determines the territory to be served by the franchise is False.
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The discount rate is the interest rate on loans that the federal reserve makes to banks. Banks occasionally borrow from the federal reserve when they find themselves short on reserves. A lower discount rate.
This statement that has been made here about the discount rate is true about the discount rate. The discount rate is the interest rate on loans that the federal reserve makes to banks. Banks occasionally borrow from the federal reserve when they find themselves short on reserves. A lower discount rate.
What is the discount rate?This is the term that is used to refer to the minimum rate of interest that the federal reserve bank would set for the banks in the country.
Normally a discount would mean that the things would be cheaper and people would have to spend less for the things that they buy. Hence we can say that The discount rate is the interest rate on loans that the federal reserve makes to banks. Banks occasionally borrow from the federal reserve when they find themselves short on reserves. A lower discount rate.
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The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2.
Stargel Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Retained earnings, January 1 $5,375,000 $4,545,000
Net income $900,000 $925,000
Dividends:
On preferred stock (45,000) (45,000)
On common stock (50,000) (50,000)
Increase in retained earnings $805,000 $830,000
Retained earnings, December 31 $6,180,000 $5,375,000
Stargel Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $10,000,000 $9,400,000
Cost of goods sold (5,350,000) (4,950,000)
Gross profit $4,650,000 $4,450,000
Selling expenses $(2,000,000) $(1,880,000)
Administrative expenses (1,500,000) (1,410,000)
Total operating expenses $(3,500,000) $(3,290,000)
Operating income $1,150,000 $1,160,000
Other revenue and expense:
Other revenue 150,000 140,000
Other expense (interest) (170,000) (150,000)
Income before income tax expense $1,130,000 $1,150,000
Income tax expense (230,000) (225,000)
Net income $900,000 $925,000
Stargel Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets:
Cash $500,000 $400,000
Marketable securities 1,010,000 1,000,000
Accounts receivable (net) 740,000 510,000
Inventories 1,190,000 950,000
Prepaid expenses 250,000 229,000
Total current assets $3,690,000 $3,089,000
Long-term investments 2,350,000 2,300,000
Property, plant, and equipment (net) 3,740,000 3,366,000
Total assets $9,780,000 $8,755,000
Liabilities
Current liabilities $900,000 $880,000
Long-term liabilities:
Mortgage note payable, 10% $200,000 $0
Bonds payable, 10% 1,500,000 1,500,000
Total long-term liabilities $1,700,000 $1,500,000
Total liabilities $2,600,000 $2,380,000
Stockholders' Equity
Preferred $0.90 stock, $10 par $500,000 $500,000
Common stock, $5 par 500,000 500,000
Retained earnings 6,180,000 5,375,000
Total stockholders' equity $7,180,000 $6,375,000
Total liabilities and stockholders' equity $9,780,000 $8,755,000
Required:
Determine the following measures for 20Y2, rounding to one decimal place, except dollar amounts which should be rounded to the nearest cent.
1. Working capital 2,790,000
2. Current ratio 4.1
3. Quick ratio 2.5
4. Accounts receivable turnover 16
5. Number of days' sales in receivables days
6. Inventory turnover
7. Number of days' sales in inventory days
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities to stockholders' equity
10. Times interest earned
11. Asset turnover
12. Return on total assets
13. Return on stockholders' equity
14. Return on common stockholders' equity %
15. Earnings per share on common stock
16. Price-earnings ratio
17. Dividends per share of common stock $
18. Dividend yield %
Based on the comparative financial statements of Stargel Inc, the financial ratios are:
$2,790,0004.12.516.022.8 days 2.2. times 73 days 2.20.47.61.1 times 11.5%13.3%13.6%$8.5514.0$0.500.4%What are Stargel's financial ratios?Working capital:
= Current assets - Current liabilities:
= 3,690,000 - 900,000
= $2,790,000
Current ratio:
= Current assets / Current liabilities
= 3,690,000 /900,000
= 4.1
Quick ratio:
= 2,250,000 / 900,000
= 2.5
Receivables turnover ratio:
= Net credit sales /Average accounts receivable
= 10,000,000 / 625,000
= 16 times
Number of days' sales in receivables days:
= Average accounts receivable / Average daily sales
= 625,000 / 27,397.26
= 22.8 days
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In which project management phase is the scope of the work defined?
a. initiating.
b. planning.
c. executing.
d. closing.
n which project management phase is the scope of the work defined planning stage
Concept Project Management: An Overview. Notion gives you the tools you need to manage projects of any size and complexity, regardless of project goals. All the project management tools you know and love, like Kanban boards, calendars, roadmaps, and task lists, are just one click away in Notion.
In its broadest sense, a project manager (PM) is responsible for planning, organizing, and directing the completion of a specific project for an organization.
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