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hjlf
5 days ago
15

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.5 million, gross profit of $9.90 million, EBIT of $

7.6 million, net income available to common stockholders of $5.2 million, and common stock dividends of $3.2 million. The 2018 year-end balance sheet listed total assets of $54.5 million and common stockholders' equity of $23.0 million with 2.0 million shares outstanding. Calculate the following:
(a) Profit margin
(b) Gross profit margin
(c) Operating profit margin
(d) Basic earnings power
(e) Return on assets
Business
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Over a six-month period in 2007, the price of corn increased by almost 70% as a result of increased demand for ethanol biofuel.
arsen [3447]

Response:

a. Due to the rise in corn prices, the supply of corn would grow. Simultaneously, the acreage allocated for corn farming would expand.

b. The primary factor behind the change in corn production acreage is:

A. The increased price indicates to suppliers that corn is becoming more valuable.

Clarification:

As corn is essential for producing ethanol biofuel, the demand and supply for corn rise to keep pace with the climbing prices. Suppliers, for their part, respond by increasing production through the use of a larger amount of land dedicated to corn cultivation. This depicts the usual interaction of market forces that influence market equilibrium.

6 0
1 month ago
1. Estratégia é o caminho para ir de um ponto a outro, obedecendo a restrições e respeitando determinado prazo. Para se definir
harina [3808]

Answer:

Olá, fiz algumas pesquisas e encontrei a resposta que você solicitou.

d. Excluir a análise de forças, oportunidades, fraquezas e ameaças em que a empresa está inserida.

Explanation:

A estratégia organizacional é elaborada conforme as metas e objetivos que a empresa deseja alcançar tanto a curto quanto a longo prazo.

Dessa forma, é essencial implementar planos que ajudem a empresa a obter os resultados esperados.

A análise SWOT é uma estratégia de gestão que possibilita que uma organização compreenda as variáveis internas (forças e fraquezas) e externas (oportunidades e ameaças) que influenciam seu desempenho, afetando os resultados.

Portanto a alternativa D é falsa, pois a análise das forças, oportunidades, fraquezas e ameaças organizacionais ajuda a identificar os pontos fortes e fracos da empresa, facilitando a coordenação, correção e controle do ambiente para obter uma eficácia organizacional maior.

5 0
2 months ago
Depreciation Methods On January 2, 2018, Skyler, Inc. purchased a laser cutting machine to be used in the fabrication of a part
stepan [3596]
Instructions are provided below. It is necessary to provide the following details: The machine cost $120,000, and it has an estimated lifespan of four years or 920,000 cuttings, after which it could be sold for $5,000. Each depreciation method employs a different formula. For straight-line depreciation, the annual expense remains constant, while in double-declining balance, the annual depreciation expense reduces over time. Conversely, the units of production method varies the expense based on usage. A) Straight-line: Annual depreciation = (original cost - salvage value) / estimated lifespan (in years) = (120,000 - 5,000)/4 = $28,750 yearly. B) Double declining balance: Annual depreciation = 2 * [(book value) / estimated lifespan (years)]: Year 1 = 2*(115,000/4) = 57,500; Year 2 = 2*[(115,000 - 57,500)/4] = 28,750; Year 3 = 2*[(57,500 - 28,750)/4] = 14,375; Year 4 = 2*[(28,750 - 14,375)/4] = 7,187.5. C) Units of production: Annual depreciation = [(original cost - salvage value)/ total production capacity in units] * units produced: Year 1 = [(115,000)/920,000]*200,000 = $25,000; Year 2 = (0.125)*350,000 = 43,750; Year 3 = 0.125*260,000 = $32,500; Year 4 = 0.125*110,000 = $13,750.
6 0
1 month ago
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