Each answer choice is an answer to one of the Q’s.

Question

Question

Each answer choice is an answer to one of the Q’s.

media%2F891%2F891b238d-361b-464a-bbf7-19

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Q1

Net Revenue

=gross revenue-return and allowance

=536000-32800

=$503200

Q2

CGS=Beginning + purchase -ending Inventory

=$125900+$256800-$125200

=$257500

Q3

Gross Profit =-Net Revenue-CGS=$503200-257500=$245700

Q4

Net Income =Gross profit-Operating exp=247500-128100=$119400

Q5

Current ratio =Current assets/current Liabilities=$114000/69000=1.65

Q6

Acid test ratio=(Current Asset-Inventory)/Current Liabilities =(114000-13900)/69000=1.45

Q7

Average collection Period=360/(Net Sales/Account receivable) =360/(136500/25500)=67.25

Q8

Profit Margin=Net income.net revenue =28000/136500=.2051

Add a comment

Answer 2

Similar Homework Help Questions

Each answer choice is an answer to one of the Q’s b. 28,000.00 14.58 2,101.00 30,000.00...

Each answer choice is an answer to one of the Q’s b. 28,000.00 14.58 2,101.00 30,000.00 1,000.00 These answers choices can be an answer choice for Q24,Q29, and Q30 F Purchase End InvAmount Jan Mar April Nov GAS 14.00 490.00 WAVG $ 13.00 1,040.00 FIFO $ 15.00 900.00 LIFO Q18 Q20 Q22 Q19 021 Q23 35 50 $ 17.00 Q24 850.00 1,179.00 1,860.00 1,420.00 1,997.16 1,282.84 Retail Method Gross Profit Method cost cost Cost ratio Q25 Profit margin 35% 29,000.0...
multi-part question that i’m lost on. data for q’s: q’s: - 11 - A Full Clear...

multi-part question that i’m lost on. data for q’s: q’s: - 11 - A Full Clear aste Calibri (Body) B 1 U % C fx J7 WE Externalizing Scores-- 3rd grade 2.8333 1.5 1.1667 1.8333 1.3333 2.1667 1.1667 1.5 2.8333 1.6667 1.1667 1.3333 Reading Scores-- 5th grade 126.95 111.74 122.03 136.34 133.16 132.75 123.01 120.15 114.03 85.801 120.23 116.13 125.81 142.09 122.55 119.36 61.085 131.08 120.61 113.35 122.89 128.55 133.33 132.95 2.1667 2.8333 1.1667 1.6667 1.3333 1.1667 1.6667 1.3333 mt...
Please help. Any of the answer choices below each table is an answer to one of...

Please help. Any of the answer choices below each table is an answer to one of the Q’s. oess deffective ull r 014 012 015 b. 121,675 013 016 124,000.00 c. 2,325 d. 1,538.46 e.78,461.54 a. 7.64 017 018 019 140 12 e. 0.24 a. 145,775 b. 144,294.98 c. 1,480.02 d. 5,785 effective r Ci 112.78 1,500.00 7.25% Q2 022 b. 360 c. 1,612.78 d. 70,673.18 e. 22,673.18 a. 6.66 EY b. 62,482.56 c. 24 d. 22,673.18 e.0.5 a. 64...

A test has 5 multiple choice questions with four choices with one correct answer each

QUESTION 11 A test has 5 multiple choice questions with four choices with one correct answer each. If we just randomly guess on each of the 5 questions, what is the probability that you get at least 1 questions correct? The probability a certain virus infects a random person is 0.2. If a random sample of 12 people is taken, what is the probability that exactly 5 people are infected?
A questionnaire consists of four multiple choice questions. Participants can only select one answer for each...

A questionnaire consists of four multiple choice questions. Participants can only select one answer for each question. The first question has 5 choices, the second has 4 choices, the third has 6 choices, and the fourth has 5 choices. What is the total number of different ways in which this questionnaire could be completed? Show your calculations.
On a test there are 25 multiple-choice questions. On each question there are four answer choices,...

On a test there are 25 multiple-choice questions. On each question there are four answer choices, but only one is correct. Olivia guesses on each question. Find the probability that she answers between 7 and 10 (inclusive) questions correctly (round up to second decimal place).

Multiple choice, choose the best correct answer: (50 pts, 1.5 for each) Which one of the...

Multiple choice, choose the best correct answer: (50 pts, 1.5 for each) Which one of the species below should have the smallest value for tts firet fonieation en Rb Telo b) Na )INe Which of the following bonds exhibits the greatest ionic character b) H-I a) H-F c) H-Br In which structure(s) below does the oxygen have a formal charge of 17 H-ö-H H-01 H. Land IV and IV and 1 I only a) Il only b)
answer each question with an explnation of each answer please 6. Multiple Choice Question 73 Which...

answer each question with an explnation of each answer please 6. Multiple Choice Question 73 Which of the following statements concerning users of accounting information is incorrect? b. a. Regulatory authorities are considered internal users. Taxing authorities are considered external users. Present creditors are considered external users. Management is considered an internal user c. d. Answer: 7. Multiple Choice Question 80 Issuing shares of stock in exchange for cash is an example of a(n) I investing activity operating activity financing...
Match the following Cnidarian classes with the most relevant choice (Only one answer per choice). 123...

Match the following Cnidarian classes with the most relevant choice (Only one answer per choice). 123 Zooxanthellae 123 Moon Jellyfish 123 Freshwater 1. Anthozoa 2. Hydrozoa 3. Scyphozoa

A multiple choice test has 25 questions, each with 5 possible choices, exactly one of which...

A multiple choice test has 25 questions, each with 5 possible choices, exactly one of which is correct. The test is marked by giving four points to each correct choice, and subtracting one point for each incorrect choice. No points are either given or subtracted for questions for which no choice is selected. Mickey, Bianca, and Gerry each know the answer to 12 of the 25 questions, but are unsure about the rest. Mickey leaves the other 13 unanswered, whereas...

Each answer choice is an answer to one of the Q’s.

Homework Answers

Add Answer to:
Each answer choice is an answer to one of the Q’s.

Post as a guest

Earn Coins