subject
Business, 08.01.2020 00:31 jakijakicarrillo12

Revenue and expense data for innovation quarter inc. for two recent years are as follows: current year previous year sales $581,000 $517,000 cost of goods sold 313,740 237,820 selling expenses 104,580 113,740 administrative expenses 116,200 98,230 income tax expense 17,430 25,850 a. prepare an income statement in comparative form, stating each item for both years as a percent of sales. if required, round percentages to one decimal place. enter all amounts as positive numbers.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 23:30
Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?
Answers: 1
question
Business, 23.06.2019 00:00
Both a demand curve and a demand schedule show how a. prices affect consumer demand. b. consumer demand affects income. c. prices affect complementary goods. d. consumer demand affects substitute goods.
Answers: 2
question
Business, 23.06.2019 02:00
When the two countries did not specialize, the total production of jeans was 23 million pairs per month, and the total production of corn was 68 million bushels per month. because of specialization, the total production of jeans has increased by million pairs per month, and the total production of corn has increased by million bushels per month. because the two countries produce more jeans and more corn under specialization, each country is able to gain from trade?
Answers: 1
question
Business, 23.06.2019 04:50
Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round
Answers: 3
You know the right answer?
Revenue and expense data for innovation quarter inc. for two recent years are as follows: current y...
Questions
question
Chemistry, 11.09.2019 19:30
question
English, 11.09.2019 19:30
question
English, 11.09.2019 19:30
Questions on the website: 13722363