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Question - Analyze how the company performed in 2020 versus 2019 based upon the following:
Ratio Analysis 2020 2021
Current Ratio 1.36 vs 1.42
Inventory Turnover 7.51 vs. 7.12
Debt to Equity 2 vs 1.24
Return on Assets 15.88% vs 13.29%
Asset Turnover 2.08 vs 1.95
Profit Margin 7.63% vs 6.83%
Gross Profit 34.81% vs 34.75%
Explain the relationship between cost allocation and customer profitability. Why is determining customer profitability important to a business, and how can appropriate cost allocation help accomplish that goal?
The cost of food sold in a bistro is $6?,000 for the quarter. If food sales during that quarter are $18?,000, what is the bistro's food cost percent
Joan Tam is considering a second future's trade, specifically on coffee. The future's price is .56 per pound. What will be the gain or loss
question able company expects to start the coming year with 12000 units of product x in the inventory of completed
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In the second year, the popper produced 12,000 buckets of popcorn. What is the accumulated depreciation after the first year
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Jackson Daniels graduated from Lynchberg State College two years ago. Since graduating from the college, he has worked in the accounting department of Lynchberg Manufacturing. Daniels was recently asked to prepare a sales budget for the year 2011. De..
Matilda Milk, Inc or buying the assets of Matilda Milk, Inc. Explain the general differences between a stock acquisition or an asset acquisition.
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Gina has planned to start college education in 4 years from now. To pay for her college education, she has decided to save $1000 a quarter for the next 4 years in a bank account paying 12% interest (Compounded Quarterly). How much will she have at th..
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