Pacific Division for Bean Company has a rate of return on investment of 28% and an investment turnover of 1.4. What is the profit margin? a. 28% b. 14% c. 20% d. 39.2%
Q: ROS
A: Explanation of Net Income: Net income is the profit a company earns after deducting all its…
Q: Carla Vista Windows manufactures and sells custom storm windows for three-season porches. Carla…
A: Step 1:Journal:-Recording transactions in the books of account is the first step in accounting…
Q: Need answer
A: Explanation of Current Process Costs: Current process costs refer to the expenses directly incurred…
Q:
A: Start-up costs include wages and rent paid before business began. Start-up costs is = (4450+2200)…
Q: Please help
A: Following are the adjustments that are usually made in the retained earnings to determine its ending…
Q: Please figure out this accountiing problem and give mthe answer in an organized way.
A: Step 1: Direct Materials Price Variance:Direct Materials Price Variance=(Actual Price−Standard…
Q: Help me to prepare the Statement of Financial position using information in the pictures with…
A: Step 1:Balance sheet is to be prepared taking into account the adjustments. Each adjustment is…
Q: Discuss the revenue recognition principle and its significance in financial accounting. What factors…
A: Explanation of Revenue Recognition Principle: The revenue recognition principle is a fundamental…
Q: Provide answer this accounting question not use chatgpt
A: Step 1: Define Accounting for SalesIn accounting, sales are the most significant part of business…
Q: Explain the concept of impairment of long-lived assets.
A: ReferencesBrown, T., & Walker, M. (2022). Accounting for Asset Impairment in a Volatile Market:…
Q: fill in blanks
A: CalculationsNote 1 Present value of fair value$120,000LessPresent value (0.88999 * 12000)$10,680…
Q: PROBLEM: Consecutive balance sheets of Cow Ltd showed the following balances: 30 June 2021 30 June…
A: Explanation of Land Account: The land account on a balance sheet represents the recorded value of a…
Q: A post-closing trial balance contains only ___? a) Revenue accounts b) Expense accounts c) Permanent…
A: Explanation of Post-Closing Trial Balance: A post-closing trial balance is a list of all permanent…
Q: The quick ratio (acid test) excludes which current asset? a) Inventory b) Accounts receivable c)…
A: Explanation of Quick Ratio (Acid Test): The quick ratio is a stringent measure of a company's…
Q: You sell a machine with an adjusted tax basis of $200,000 for $225,000. The original purchase price…
A: Step 1:calculate the amount of Section 1245 recapture:Adjusted Basis: $200,000Sale Price:…
Q: Conceptual Framework:
A: Explanation of Conceptual Framework:The conceptual framework in financial accounting is a structured…
Q: Explanation of Question
A: Explanation of Substance Over Form: Substance over form is a fundamental accounting principle that…
Q: ll
A: Requirement 1: Computation of the cost of goods sold and ending inventory under the FIFO method as…
Q: Calculate
A: Explanation of Cash Flow from Operating Activities: Cash flow from operating activities represents…
Q: Need General Accounting Question Solution
A: Explanation: In the given question, Sarah is buying a house worth $300,000 for which she will make a…
Q: What is the variable costs on these accounting question?
A: Step 1: Define MarkupMarkup is the amount that is added to the total cost of any product to arrive…
Q: Help
A: In pension accounting, actuarial gains and losses are: a) Recognized in other comprehensive income.…
Q: Hi expart give answer the accounting question do fast
A: Step 1: Define Joint CostsJoint costs are an outcome of a process that starts with one input and…
Q: I need typing clear urjent no chatgpt used i will give 5 upvotes pls full explain
A: A) The domain of the function is not correctly specified: In Manipulate, the syntax for specifying…
Q: Provide me answer
A: Explanation of Beginning Inventory: Beginning inventory refers to the units of product that were…
Q: At Kevin's date of death he owned a house valued at $250,000. He originally purchased it for…
A: When you inherit property, you receive a "stepped-up basis" equal to the fair market value of the…
Q: Assignment Financial Accounting Problem
A: Explanation of Compound Financial Instrument: A compound financial instrument is a financial…
Q: Financial Accounting
A: Step 1: Define Insurance Replacement CostReplacement cost means the total amount a company has to…
Q: Can you please help me solve this accounting question?
A: Step 1:- Introduction to the Accrual AccountingAccrual accounting is the accounting basis used by…
Q: Suppose Columbia Sportswear Company had accounts receivable of $206,024,000 at the beginning of a…
A: Step 1: Definition of Accounts Receivable:When goods are sold on credit, the customer's account is…
Q: Mark Peavy created Peavy’s Cleaning Service Corporation and hired a lawyer to perform the…
A: The initial transaction involving Mark Peavy's purchase of common stock should be journalized before…
Q: Glenn
A: Explanation of Cost of Goods Sold (COGS): Cost of Goods Sold represents the direct costs…
Q: Need answer please
A: Step 1: Define Manufacturing CostThe manufacturing cost in standard costing for each job will be the…
Q: Need Provide Answer
A: Step 1: Definition of High-Low Method:The high-low method is used to separate mixed costs into their…
Q: Need Help Please Provide Solution of this Question now
A: If you have any problem let me know in the comment section thank you.
Q: Want answer to this financial accounting Question
A: Explanation: The gain or loss on sale of office furniture can be calculated by comparing the sale…
Q: Compute the missing amount in the following table.
A: Step 1: Define AssetsAssets can be defined as something valuable that a company uses in the…
Q: For the following questions, assume that after electing S corporation status Barry and Winnie had a…
A: 1. To minimize double taxation, Barry and Winnie should try to allocate as much income as possible…
Q: Calculate the number
A: Step 1: Given that,Beginning inventory of Sunshine Electronics = 300 printers.They purchased 500…
Q: On January 1, 2023, Oriole Corp. lent $44,000 to its CEO, interest-free. The loan is repayable in…
A: The present value (PV) is the current worth of a future sum of money or stream of cash flows given a…
Q: 4 The number of complaints about the company's product is a potential measure of the Select…
A: The number of complaints about the company's product is a potential measure of the: b. customer…
Q: a company will Which concept assumes continue to operate indefinitely? a) Revenue Recognition b)…
A: Explanation of Going Concern:The Going Concern concept is the assumption that a business will…
Q: What is the length?
A: Explanation of Receivables Turnover Rate: This rate measures how efficiently a company collects cash…
Q: On December 31, 2024, Flint Hills received a bill for $210 for utilities incurred during December.…
A: In accrual accounting, expenses are recorded when they are incurred, not when they are paid. This is…
Q: Business 123 Introduction to Investments May I please have an expert discuss various characteristics…
A: Bonds are financial securities with specific attributes that determine their value and risk. The…
Q: Answer fast this accounting problem
A: Explanation of Cost of Land: The cost of land refers to the initial purchase price paid to acquire…
Q: Provide answer the general accounting
A: Step 1:- Introduction to the Activity-Based CostingActivity-based costing allocates the total…
Q: Need experts solution only, Don't use AI.
A: City of Southern SpringsStatement of Net PositionAs of April 30, 2017DescriptionGovernmental…
Q: Blossom Leasing Company leases a new machine to Crane Corporation. The machine has a cost of $65,000…
A: Required calculations are shown below: ABCDE1DateRent receipt/ paymentInterest (8%) Revenue/…
Q: Please ans
A: Explanation of Direct Material:Direct material refers to raw materials that are directly used in the…
What is the profit margin on these accounting question?
Step by step
Solved in 2 steps
- Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested assets of 180,000, and sales of 720,000. Use the DuPont formula to compute the return on investment and show (A) the profit margin, (B) the investment turnover, and (C) the return on investment.What is the profit marginProvide correct solution and accounting
- The Central Division for Chemical Company has a return on investment of 21% and an investment turnover of 2.23. The profit margin is a.14.13% b.9.42% c.7.53% d.11.30%The Central Division of Chemical Company has a return on investment of 20% and an investment turnover of 1.95. What is the profit margin? Round the percentage to two decimal places. a.15.38% b.12.31% c.8.21% d.10.26%The Central Division for Chemical Company has a return on investment of 20% and an investment turnover of 2.26. The profit margin is a. 8.85% b. 13.27% C. 10.62% d. 7.08%
- abc general accountingThe Central Division for Chemical Company has a return on investment of 30% and an investment turnover of 2.42. The profit margin (rounded to two decimal places) is a. 9.92% b. 18.60% O c. 14.88% O d. 12.40%AB Division for National Company has a rate of return on investment of 28% and an investment turnover of 1.4. What is the profit margin?
- What is the rate of return on investment for division k ? General accountingWhat is the rate of return on investment for Division L on these financial accounting question?Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $132,756, invested assets of $299,000, and sales of $1,106,300. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %