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

Another question on Business

question
Business, 21.06.2019 16:50
Which of the following is the most important role of marketing in the process selection decision? identifying points of differentiation for mass customization. stimulating demand in developing markets. estimating and managing future demand. providing translation of the voice of the customer.
Answers: 2
question
Business, 22.06.2019 13:10
Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .
Answers: 1
question
Business, 22.06.2019 19:40
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
question
Business, 22.06.2019 23:30
At the save the fish nonprofit organization, jenna is responsible for authorizing outgoing payments, rob takes care of recording the payments in the organization's computerized accounting system, and shannon reconciles the organization's bank statements each month. this internal accounting control is best known as a(n) a. distribution process. b. segregation of duties c. specialized budget d. annotated financial process
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
question
Social Studies, 29.09.2021 18:20
question
Mathematics, 29.09.2021 18:20
question
Mathematics, 29.09.2021 18:20
Questions on the website: 13722361