TB MC Qu. 12-104 (Static) Excerpts from Andre Company's December... Excerpts from Andre Company's December 31, 2024 and 2023, financial statements are presented b Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2024 2023 $40,000 $36,000 28,000 35,000 190,000 186,000 114,000 108,000 405,000 225,000 28,000 425,000 240,000 32,500 What is the profit margin for 2024? (Round your answer to one decimal place.)

TB MC Qu. 12-104 (Static) Excerpts from Andre Company's December... Excerpts from Andre Company's December 31, 2024 and 2023, financial statements are presented b Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2024 2023 $40,000 $36,000 28,000 35,000 190,000 186,000 114,000 108,000 405,000 225,000 28,000 425,000 240,000 32,500 What is the profit margin for 2024? (Round your answer to one decimal place.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please avoid answers in image format thank you
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Please don't provide handwrittin solution....
Which of the following is true of the correcting entry method? a.It cannot be used to correct a manual entry. b.It cannot be used to correct computerized entry. c.It can be used only to correct an error before posting has taken place. d.It can be used to correct both manual and computerized entries.
Can you explain what I might be missing throughly please? I have it correct but it claims that it's not complete. What am I missing?
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
I need this in text not images
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
True or False: Access controls limit who can change records Group of answer choices True False