Which businesses earns more income

Assignment Help Financial Accounting
Reference no: EM132944786

Dana owns two businesses: a drug store and a retail department store. The following data are given:

                               Drug Store             Department Store

Net Sales              P 1 050 000             P 670 000

Cost of Sales          1 000 000                   600 000

Operating Expenses    39 500                        36 500

Problem 1: Which businesses earns more income?

Reference no: EM132944786

Questions Cloud

Evaluate the two divisions according to residual income : Assume the desired rate of return for Mina is 19%, evaluate the two divisions according to residual income, Evaluate the two divisions according to
Why does the global population continue to urbanize : Despite these challenges, why does the global population continue to urbanize at an unprecedented rate?
Provide a questionnaire for online learning : Please provide a questionnaire for online learning during covid 19 impacting students and studies?
What is the rate of return on assets for each company : As far as the data permit, comment on the relative performance of the two companies. What is the rate of return on assets for each company?
Which businesses earns more income : Which businesses earns more income? Dana owns two businesses: a drug store and a retail department store. Operating Expenses
Identify the test-frame the hypothesis : Identify the test, frame the hypothesis and conclude the hypothesis from the tables given below at alpha = 0.05
Difference between fixed costs and variable cost : Discuss the difference between fixed costs and variable cost? Discuss in details, the characteristics of each.
Process of conveying policy to employees : How can a healthcare organization avoid creating unwanted contracts in the process of conveying policy to employees?
Process for the admission of international graduate : Considering the following process for the admission of international graduate students at a university and taking the perspective of the customer, analyze and i

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the net present value of the project

Calculate the net present value of the project (AIS) if the appropriate discount rate is 12 percent. Bridgton Ltd. Is considering to adopt the AI

  What are the capital balances of the partners

The total capital of the partnership is to be P2,000,000, of which Dong's interest is to be 25%. What are the capital balances of the partners

  What maeker would the issuer likely call the bond prior

what maeker circumstance current market interest rate on bond with similar risk maturity, would the issuer likely call the bond prior to its maturity?

  Determine the june balances that would be shown in material

Journalize the June 3 entry to record the requisition of materials in June. Determine the June 30 balances that would be shown in the materials ledger accounts.

  Calculate the risk-free rate using the pure rate

Calculate the risk-free rate using the pure rate and the inflation premium. Next, use this risk-free rate to find the required return on the stock

  What is the interest rate of return on this investment

An investment costs $20,000 today and will return $3,000 at the end of each of the next 10 years. What is the interest rate of return on this investment

  What is the value of the savings today

You have a mortgage on your existing home. The mortgage payments are $2,046.73 per month. What is the value of the savings today

  Find what is the project initial investment outlay

Find what is the project's initial investment outlay? Leaf It To Us Corporation is considering an expansion project. The necessary equipment could be purchased

  Calculation of net income from the change in stockholders

calculation of net income from the change in stockholders equity.presented below is certain information pertaining to

  What would be new estimated value of Rolen preferred stock

Suppose interest rate levels have risen to the point where the preferred stock now yields 12%. What would be the new estimated value of Rolen's preferred stock

  The partnership agreement of nieto keller and pickert

the partnership agreement of nieto keller and pickert provides for the subsequent income ratio a nieto the managing

  What is the yield to maturity for wilson corporation

What is their yield to maturity? Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 7%.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd