subject
Business, 13.05.2020 00:57 ginadesor3461

Which of the following is True? a. If Harrison Bear has net income of $12,400, a tax rate of 20 percent, and interest expense of $1,600, then the times interest earned ratio for the year is 10.6875. b. Yellow Metal has net income of $62,300, a tax rate of 20 percent, and a net profit margin of 6.7 percent. Total assets are $1,100,500 and current assets are $382,800. Given the information above, $1.20 dollars of sales are being generated from every dollar of net fixed assets. c. The Yellow Gear has current liabilities of $28,000, sales of $156,900, and cost of goods sold of $64,200. The current ratio is 1.22 and the quick ratio is .71. Then, it takes 83.53 days on average to sell the inventory. d. An increase in net income and total equity must increase the return on equity, all else constant .

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 12:30, asseatingbandit
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer
Answers: 3
image
Business, 22.06.2019 19:00, camidevecchis15
15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.
Answers: 1
image
Business, 22.06.2019 19:50, hdkdkdbx
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
image
Business, 22.06.2019 19:50, joel4676
The new york company produces high quality chairs. variable manufacturing overhead is applied at a standard rate of $12 per machine hour. each chair requires a standard quantity of six machine hours. production for the month totaled 4,000 units. calculate: the standard cost per unit for variable overhead. select one: a. $130,000 b. $192,000 c. $90,000 d. $100,000
Answers: 2
You know the right answer?
Which of the following is True? a. If Harrison Bear has net income of $12,400, a tax rate of 20 perc...

Questions in other subjects:

Konu
Mathematics, 11.12.2020 02:20
Konu
History, 11.12.2020 02:20