Answer:
14.7%
Explanation:
The computation of the return on investment is shown below:
As we know that
Return on Investment = Net Income ÷Average total assets × 100
where,
Net Income = Sales - Cost of goods sold - Operating expense
= $4,525,000 - $2,550,000 - $1,372,000
= $603,000
And, the Average total assets = $4,100,000
So,
Return on Investment is
= $603,000 ÷ $4,100,000 × 100
= 14.7%
What do you mean by final account? Mention its objectives
Answer:
what is financial accountFinal Accounts is the ultimate stage of accounting process where the different ledgers maintained in the Trial Balance (Books of Accounts) of the business organization are presented in the specified way to provide the profitability and financial position of the entity for a specified period to the stakeholders and other interested parties i.e., Trading Account, Statement of Profit & Loss, Balance Sheet.
objects of financial accountTo determine gross profit and net profit of the business during the year. To present the true financial position of the business on a given date. ... To make a summary presentation of all the financial transactions. To communicate the operating results and financial position of the users.
Answer:
What are Final Accounts?
Final Accounts is the ultimate stage of accounting process where the different ledgers maintained in the Trial Balance (Books of Accounts) of the business organization are presented in the specified way to provide the profitability and financial position of the entity for a specified period to the stakeholders and other interested parties i.e., Trading Account, Statement of Profit & Loss, Balance Shee
Explanation:
Objectives of Final Accounts
They are prepared for the calculation of Gross profit & net profit earned by the organization for the relevant period by presenting the Statement of Profit & Loss.
The Balance sheet is prepared for providing the correct financial position of the company as on the date.
These accounts use the bifurcation of direct expenses to obtain the gross profit & loss and bifurcation in indirect expenses to ascertain the Net profit & loss for the organization.
These accounts through the Balance sheet bifurcate the assets & liabilities as per the holding & usage periods of the same
a 2% increase in customer retention has the same net effect on a business as decreasing costs by 10%
Customer retention can increase company revenue by 25-95% with a 5% increase. Customers who are returning buy more frequently and spend more money than new customers. They recognize the worth of a product or service and return time and time again.
What is the customer retention percentage?The percentage of existing clients who remain customers after a certain period is referred to as the customer retention rate. Your customer retention rate can help in understanding what keeps customers coming back to your company and can also indicate opportunities to improve customer service.
Acquiring new customers can cost up to five times as much as satisfying and retaining existing customers. A 2% increase in customer accumulation has the same effect as a 10% reduction in costs. Increasing customer retention by 5% boosts profits by 25 to 95%.
Learn more about customer retention here:
https://brainly.com/question/11621168
#SPJ1
Drag the tiles to the boxes to form correct pairs.
Match the scenarios to the appropriate elements.
input
labor
infrastructure
cost
Jonny has to pay rent and wages to his
employees before he begins production.
>
Jonny has to hire workers to begin
production in his company.
<
>
Jonny has ordered raw material for his
production
>
Jonny has set up machinery in his
company for efficient production.
Answer: cost, labor, input, infrastructure
Explanation:this did the test on edmentum
cost
Jonny has to pay rent and wages to his
employees before he begins production
labor
Jonny has to hire workers to begin
production in his company.
input
Jonny has ordered raw material for his
production
infrastructure
Jonny has set up machinery in his
company for efficient production.
Took the test this is right.
Advanced Enterprises reports year−end information from 2019 as follows: Sales (161,000 units) $965,000 Cost of goods sold (644,000) Gross margin 321,000 Operating expenses (266,000) Operating income $55,000 Advanced is developing the 2020 budget. In 2020 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 11%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. Should Advanced increase the selling price in 2020?
Answer:
Advanced should increase the selling price in 2020.
Explanation:
Current selling price = Current sales value / Current sales volume = $965,000 / 161,000 = $5.99
Expected selling price = Current selling price * (100% + Expected percentage increase in selling price) = $5.99 * (100% + 14.5%) = $6.86
Expected sales volume = Current sales volume * (100% - Expected percentage increase in sales volume) = 161,000 * (100% - 11%) = 143,290 units
Expected sales value = Expected selling price * Expected sales volume = $6.86 * 143,290 = $982,762
Cost of goods sold per unit = Current cost of goods sold / Current sales volume = $644,000 / 161,000 = $4.00
Expected cost of goods sold = Expected sales volume * Cost of goods sold per unit = 143,290 * $4.00 =$ 573,160
Therefore, Advanced Enterprises expected operating income for 2020 can be computed as follows:
Details $
Sales (143,290 units) 982,762
Cost of goods sold (573,160)
Gross margin 409,602
Operating expenses (266,000)
Operating income 143,602
Since the expected operating income of $143,602 for 2020 is greater than $55,000 operating income for 2019, Advanced should increase the selling price in 2020.
Wat is the main advantage of using The Sentence Method
I need a an idea of followership introduction help me!
Followership refers to the role, behavior, and actions of individuals who are not in a leadership position, but rather, they support and collaborate with their leaders to achieve shared goals. Followership is an essential aspect of organizational success, as it complements leadership and fosters a harmonious work environment.
Effective followers exhibit characteristics such as being proactive, taking responsibility, and engaging in open communication with their leaders. They also possess the ability to think critically and provide valuable feedback for the betterment of the team. By embracing the principles of followership, individuals contribute positively to the overall performance and morale of the organization.
It is important to note that followership does not imply blind obedience or passivity. Instead, it involves active engagement and collaboration with leaders to achieve common objectives. In this dynamic relationship, leaders and followers must work together, learn from each other, and adapt to changing circumstances.
In conclusion, followership is a vital component of successful organizations and plays a significant role in accomplishing shared goals. By cultivating strong followership skills, individuals can effectively support their leaders, enhance team performance, and contribute to the growth and success of the organization.
Know more about Effective followers here:
https://brainly.com/question/30273890
#SPJ11
firms that follow a single-business or dominant-business strategy at the corporate level generally employ a structure.
Firms that follow a single-business or dominant-business strategy at the corporate level generally employ a functional structure .
Firms pursuing a single or dominant business strategy demonstrate a lower level of decentralization. A single company is one where 90% or more of its revenue comes from the dominant company. A dominant company is one that derives between 70% and 95% of its revenue from a single category.
What is the dominant business strategy?A dominant business strategy defines how a company approaches production, marketing, and service. Owners emphasize certain strategies while downplaying other approaches.
What is Single Segment Strategy?Single Segment Strategy – Also known as Focus Strategy. Market segments (not entire markets) are provided with the marketing mix. For small businesses with limited resources, the single segment approach is often the strategy of choice.
Learn more about single segment strategy :
brainly.com/question/29214330
#SPJ4
Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.
The teen entrepreneur are young people the age of 13 to 18.
This business is successful because it is useful for the community, solves their problems.
What are the responses to other questions?* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.
* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* The motivation for starting a business was too overall help their community.
learn more about business: https://brainly.com/question/24553900
#SPJ1
BB Water
Mr. Vu was the director of BB Water. He started his business with capital borrowed from members of his family. Thereafter, however, Mr. Vu’s family had very limited involvement in the business. Mr. Vu emerged as the most individualistic of the family. He seemed to have sole control of his business. For example, after describing how he set up the bottling plant and negotiated with government officials to get the necessary papers, he said: “I also had to do almost everything myself. At the beginning I bought the land, designed the buildings, and supervised the construction.
I had to interview and train each person. Also, I had to discipline people.” He explained that he could not delegate discipline because workers would ‘react’ if they were admonished by “anyone but the boss, the owner of the company”.
Question: Discuss the difference in behavior, attitude, perception and business culture between Mr. Vu, his family, and employees.
The difference between Mr. Vu and his family and employees is that he is an individualist and egoistic person, while the others are docile and willing to be silent partners.
What is Culture?This is the way of life of a group of people who are bound together by a family bond.
Here, we can see that from the given scenario, there is the description of the character of Mr Vu and how there is a stark contrast between his individualist self and the docile and willingness to be silent partners by his family members.
Read more about cultural differences here:
https://brainly.com/question/18218045
Zach buys a car for $18,900 with 5% interest over 5 years. What is true about this monthly payment loan?
Select the correct answer below:
Zach will pay $4,725 in interest on the loan.
Zach will pay $3,780 each year of his loan.
O Zach will pay $4,725 each year of his loan.
Zach will pay $2,500 in interest on this loan.
Answer:
Zach will pay $4,725 in interest on the loan.
Explanation:
In calculating interest the formula that applies is
I= P x R x T
where I = interest
P = principal amount
R = interest rate
T= time
In the case of Zach
I= $18,900 x 5/100 x 5
I = $18,900 x 0.05 x 5
I =$945 x 5
I =$4,725
Interest for the loan is $4,725
Answer: Zach will pay $2,500 in interest on this loan
Explanation: First, we must calculate Zach's monthly payment.
P=18900⋅ (0.05/12)
________________. = 356.67
1- ( 1 + 0.05/12) ^-60
If the monthly payments are $356.67, then the yearly payback is 356.67⋅12=$4280.04.
And, he will pay that each year for 5 years. So, 4280.04⋅5=$21,400.20 is the total payback amount.
Therefore, Zach will pay 21,400.20−18,900=$2500.20 in interest over the life of the loan.
Which is correct? I need help please!!
Jenny, who is married and the mother of three, is 25 years old and expects to work until 70. She earns $45,000 per year. Jenny expects inflation to be 3% over her working life, and the appropriate risk-free discount rate is 5%. Her personal consumption is equal to 25% of her after-tax earnings, and her combined federal and state marginal tax bracket is 15%. What is the amount of life insurance necessary for Jenny using the Human Life Value method
Answer:
$855,903.20
Explanation:
Real discounting rate=> i= [i'-f]/[1+f]. Where i is the real interest rate. i' is the nominal interest rate which is given as 5% and f is the rate of inflation
i = (5%-3%)/1+3%)
i = 2/1.3
i = 1.94%
Her after tax earnings = 45,000*(1-0.15) = $38,250
Personal consumption = 25% of this, 38,250*0.75 = $28,688.
We are discounting her earnings back 45 years at 1.94%. The equation will be: 28,688 * {1-(1+0.01940)^-45} / {0.01940}
= 28,688 * {1 - 0.42120322099] / 0.01940
= 28,688 * 29.83488551597938
= 855903.1956824165
= $855,903.20
So, the amount of life insurance necessary for Jenny using the Human Life Value method is $855,903.20
Why do young workers, just starting their careers, tend to get pay raises that are greater than increases in the cost of living (inflation)?
Young workers who are just starting their careers often experience pay raises that are greater than increases in the cost of living due to several factors:
Skill acquisition: Young workers typically have limited experience and skills when they start their careers. As they gain knowledge, expertise, and proficiency in their roles, their value to employers increases. Employers recognize this growth and provide pay raises to retain and motivate these employees.
Career advancement: Young workers often have the potential for rapid career advancement. They may start in entry-level positions but have opportunities to climb the career ladder relatively quickly. With each promotion or job change, there is an expectation of increased responsibility and higher compensation.
Market demand for skills: Certain industries or professions may experience high demand for young workers with specific skills or qualifications. When there is a shortage of talent in a particular field, employers may offer higher pay to attract and retain young professionals.
Competitive job market: In a competitive job market, employers may need to offer higher wages to attract and retain young talent. With multiple job opportunities available, young workers have more leverage to negotiate better compensation packages.
Future potential and investment: Employers often view young workers as long-term investments. They recognize the potential for these individuals to become valuable assets to the company in the future. By offering higher pay raises, employers aim to motivate and retain young talent, fostering loyalty and commitment.
It's important to note that not all young workers experience pay raises greater than inflation. Economic conditions, industry-specific factors, and individual performance can influence the extent of pay raises. Additionally, pay raises that exceed inflation may be more prevalent for high-demand industries or specialized roles.
for more such questions on careers
https://brainly.com/question/26132832
#SPJ8
Yancy Company manufactures luggage sets. Yancy sells its luggage sets to department stores. Yancy expects to sell 2 comma 000 luggage sets for $ 205 each in January and 2 comma 350 luggage sets for $ 205 each in February. All sales are cash only. Prepare the sales budget for January and February.
Answer:
Sales budget:
January= $410,000
February= $481,750
Explanation:
Giving the following information:
Yancy expects to sell 2,000 luggage sets for $205 each in January and 2,350 luggage sets for $ 205 each in February.
A sales budget is simply multiplying the unitary sales price for the number of units sold.
Sales budget:
January= 2,000*205= $410,000
February= 2,350*205= $481,750
_____ is a measure encompassing labor and all other factors of production.
Answer:
Total factor productivity (TFP)
Explanation:
Total factor productivity (TFP) is a measure encompassing labour and all other factors of production, including physical and human capital, technology, and natural resources.
When people buy more, or less, at ALL prices, there has been a change in _____.
There prices has been a change in demand and supply.
Pricing is the process of determining supply how much money a manufacturer will receive in exchange for services and commodities. The pricing approach is used to change the cost of the producer's offerings to make them more appealing to both the manufacturer and the client.
The pandemic shook the global economy, disrupting supply lines and causing to massive shipping delays. Labor shortages and rising consumer demand have aggravated the situation. Prices are rising as many items are in low supply and delivery costs rise. The cost or amount at which anything is valued is referred to as its price.
To learn more about prices, click here.
https://brainly.com/question/18117910
#SPJ1
how do i give brainlyest
Answer:
when you ask a question and you get one answer you cant give someone brainliest until another person answers and after two people answer you chose which one is the best by clicking the little crown in the upper right corner of their answers
Explanation:
Discuss why positive thinking is critical in starting the entrepreneurship journey
Explain how training can help develop entrepreneurial traits.
Entrepreneurial traits and training furnish people with the capacity to perceive business amazing open doors, confidence, information, and abilities to follow up on them.
Entrepreneurship development is the method for upgrading the information and ability of business visionaries through a few homerooms instructing projects and preparing. The central matter of the advancement cycle is to reinforce and build the number of business visionaries.
It assists them with teaching entrepreneurial skills. It is solely after preparing that they gain proficiency with these abilities and can perceive their capacities and begin contemplating building a business. They can match their character, abilities, and inventiveness with client needs and market open doors.
Learn more about Entrepreneurial traits:
https://brainly.com/question/30407387
#SPJ1
If your expenses total $21000 in Year 1 and you expect inflation rate to be 2 percent, how much more will you have to spend to buy the same goods and services in Year 2, assuming that all your expenses increase at the same rate as inflation?
Answer:
$21,420
Explanation:
The total expense in year 1 was $21000
the inflation rate is 2 percent. it means prices will increase by 2 percent.
The amount to be spent in year 2 will be more by 2% than year 1
If year expenses are 100%, year 2 expenses will be 102%
Actual year 2 expense will be 102% of $21,000
=102/100 x $21,000
=1.02 x $21,000
=$21,420
how will you react to the following destroying or removing information that could hurt your company if it fell into the wrong hands.
I will say it is crucial to prioritize ethical behavior and transparency. Instead of destroying or removing information, we should focus on implementing robust security measures to safeguard sensitive data.
How can we protect sensitive information from unauthorized access?Protecting sensitive information from unauthorized access is essential for companies to maintain trust with their stakeholders. Instead of resorting to destroying or removing information, it is more beneficial to invest in robust security measures.
By implementing strong encryption, access controls, and regular security audits, we will significantly reduce the risk of sensitive data falling into the wrong hands. Also, fostering a culture of responsible data handling and training employees on best security practices can further enhance the overall protection of company information.
Read more about Confidentiality
brainly.com/question/29417102
#SPJ1
Zen cart is written in _________________ , which is a programming language widely used for developing web-based applications. It is free and open-source and is one of the most popular computer languages with web developers because of its simplicity and power.
Answer: php
Explanation:
Sheridan Company produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $0.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 0.5 hour per unit, and the allowance for rest periods and setup is 0.5 hours and 0.4 hours, respectively. The standard direct labor hours per unit is
Answer:
$15.90
Explanation:
Standard direct labor rate per hour = Hourly wage rate per hour + Average raise in the hourly wage rate + Payroll taxes per hour + Fringe benefits per hour
Standard direct labor rate per hour = $12.00 + $0.30 + $1.20 + $2.40
Standard direct labor rate per hour = $15.90
California allows which of the following deductions for this year?
How do your habits differ from when you started this course?
When individuals start a course, their habits may differ from later stages. Over time, common changes in habits occur.
How habits may differFirstly, individuals may initially struggle with time management, finding it challenging to allocate sufficient hours for studying and completing tasks.
However, as the course progresses, they develop better time management skills and create structured study schedules. Secondly, at the beginning of the course, individuals may not have a well-established study routine.
As they advance, they often develop a consistent study routine that suits their learning style, helping them stay organized and focused. Lastly, individuals may initially feel excited and motivated about the course. However, as time goes on, they may face challenges or experience periods of lower motivation. Thus, it becomes important to develop strategies to maintain engagement and motivation throughout the course.
Read more on habits here https://brainly.com/question/18949374
#SPJ1
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
Learn more about economies of scale, Here:
https://brainly.com/question/15605103
#SPJ1
Tom Scott is the owner, president, and primary salesperson for Scott Manufacturing. Because of this, the company's profits are driven by the amount of work Tom does. If he works 40 hours each week, the company's EBIT will be $585,000 per year; if he works a 50-hour week, the company's EBIT will be $1.65 million, and it can issue equity or issue debt with an interest rate of 9 percent. Assume there are no corporate taxes.
Required:
a. What are the cash flows to Tom under each scenario?
b. Under which form of financing is Tom likely to work harder?
Answer:
a.
If debt is issued;
40 Hour week;
EBIT = $585,000
Cash flows to Tom = EBIT - Interest
Interest will be on the $1.65 million that needs to be borrowed so;
= 9% * 1,650,000
= $148,500
Cash Flow to Tom = 585,000 - 148,500
= $436,500
50 Hour Week
Cashflows to Tom = EBIT - Interest
= 695,000 - 148,500
= $546,500
If Equity is Issued;
Company is worth $3.55 million but a $1.65 million investment is needed. If equity is issued for the cash, Tom will only own $3.55 million out of the ne total value.
= 3.55/(3.55 + 1.65)
= 3.55/5.2
40 Hour Week
Cash flow to Tom = EBIT * Tom ownership
= 585,000 * 3.55/5.2
= $399,375
50 Hour Week
= 695,000 * 3.55/5.2
= $474,471.15
b. Under Debt Issue because more cashflow of $546,500 will be due to him.
Sylvia Baxter reaches an agreed upon selling
When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.
Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.
for more such question on selling price
https://brainly.com/question/28189871
#SPJ11
A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at a yield to maturity of 7% (3.5% per half-year).
Required:
a. What is its Yield to Call?
b. What is the yield to call if the call price is only $1 ,050?
c. What is the yield to call if the call price is $1100, but the bond can be called in two years instead of five years?
To solve this problem, we can use the following formula to calculate the yield to call (YTC):
What is its Yield to Call?YTC = [(C + (FV - CP) / n) / (FV + CP) / 2] + [(FV - CP) / n] / [(FV + CP) / 2 + ((FV - CP) / n + 1)]
Where:
C = coupon payment
FV = face value of the bond
CP = call price
n = number of periods until the bond is called
a. YTC when callable in 5 years at a call price of $1,100:
Coupon payment = 8% x $1,000 / 2 = $40
Face value = $1,000
Call price = $1,100
Number of periods until call = 5 x 2 = 10
Using the formula:
YTC = [(40 + (1000 - 1100) / 10) / (1000 + 1100) / 2] + [(1000 - 1100) / 10] / [(1000 + 1100) / 2 + ((1000 - 1100) / 10 + 1)]
= 0.0897 or 8.97%
Therefore, the yield to call is 8.97% when callable in 5 years at a call price of $1,100.
b. YTC when callable in 5 years at a call price of $1,050:
Coupon payment, face value, and number of periods until call remain the same.
Using the formula:
YTC = [(40 + (1000 - 1050) / 10) / (1000 + 1050) / 2] + [(1000 - 1050) / 10] / [(1000 + 1050) / 2 + ((1000 - 1050) / 10 + 1)]
= 0.0725 or 7.25%
Therefore, the yield to call is 7.25% when callable in 5 years at a call price of $1,050.
c. YTC when callable in 2 years at a call price of $1,100:
Coupon payment and face value remain the same.
Call price = $1,100
Number of periods until call = 2 x 2 = 4
Using the formula:
YTC = [(40 + (1000 - 1100) / 4) / (1000 + 1100) / 2] + [(1000 - 1100) / 4] / [(1000 + 1100) / 2 + ((1000 - 1100) / 4 + 1)]
= 0.1029 or 10.29%
Therefore, the yield to call is 10.29% when callable in 2 years at a call price of $1,100.
Learn more about Yield to Call here
https://brainly.com/question/16049993
#SPJ1
Anastasia is a principal who is responsible for telling one of her teachers that the school will be cutting her Spanish program in the fall. She has been friends with this teacher for years and knows that the teacher will be very upset. What is the most appropriate communication channel for Anastasia to choose to share this news with the teacher in this scenario?
Question 2 options:
She should send the teacher a formal, typed letter.
She should talk to the teacher face-to-face.
She should send the teacher a text message.
She should post the news on the school website.
Answer she should talk to her face to face
Explanation:
if she respects this woman that is the best way to keep it