subject
Business, 29.04.2021 19:50 zoeheskett

Income Statement Information Sales revenue $ 12,144,000 $ 8,800,000 Cost of goods sold 7,893,600 6,300,000 Net income 382,720 288,000 Balance Sheet Information Current assets $ 1,640,000 $ 1,540,000 Long-term assets 2,240,000 1,940,000 Total assets $ 3,880,000 $ 3,480,000 Current liabilities $ 1,240,000 $ 940,000 Long-term liabilities 1,460,000 1,460,000 Common stock 840,000 840,000 Retained earnings 340,000 240,000 Total liabilities and stockholders' equity $ 3,880,000 $ 3,480,000 Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
Match the various steps in the creative process undertaken by the ad agency for developing the campaign for wpu, to the steps in young's model of the creative process.creative process in developing wpu's campaignyoung's modelafter intensive analysis of the data and several rounds of brainstorming, the agency executives decided to take a break from this project (the wpu campaign), and instead work on a different client's project before tackling the wpu project again.using a combination of animatics and storyboards, the ad agency conducted research with a representative sample of sixty target consumers to pretest the campaign theme and the creative execution.during a brainstorming session in the creative department, a copywriter's suggestion for a slogan for wpu was recognized as an excellent central idea that could drive the campaign for wpu.the account planning, account management and creative departments at the ad agency had a series of meetings and brainstorming sessions to discuss the creative brief and the results of all the primary and secondary research done with the target consumers.the account planning and the account management groups at the ad agency conducted primary research with a representative sample of the target segment and also studied secondary research data to gain insights required for the campaign development process.
Answers: 2
question
Business, 22.06.2019 08:00
Why do police officers get paid less than professional baseball players?
Answers: 2
question
Business, 22.06.2019 20:50
Lead time for one of your fastest-moving products is 20 days. demand during this period averages 90 units per day.a) what would be an appropriate reorder point? ) how does your answer change if demand during lead time doubles? ) how does your answer change if demand during lead time drops in half?
Answers: 1
question
Business, 22.06.2019 23:30
How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.
Answers: 1
You know the right answer?
Income Statement Information Sales revenue $ 12,144,000 $ 8,800,000 Cost of goods sold 7,893,600 6,3...
Questions
question
Mathematics, 28.08.2019 10:50
question
Physics, 28.08.2019 10:50
question
Social Studies, 28.08.2019 10:50
question
Spanish, 28.08.2019 10:50
Questions on the website: 13722361