Business, 01.03.2021 22:30 BlueLemonWater
g The following information is from Megabux, Inc.'s annual report for the years ended December 31: 2012 2011 2010 Sales $120,000 $110,000 $100,000 Cost of goods sold 58,000 52,000 46,000 Operating expenses 48,000 44,000 42,000 Interest expense 12,000 9,000 6,000 Net income $ 2,000 $ 5,000 $ 6,000 Refer to the Megabux annual report above. Which of the following describes the trend in the profit margin ratio for the three−year period? A. There is no significant change in the ratio over the three years. B. The ratio is getting worse because expenses are growing faster than sales. C. The ratio is getting worse because Megabux has increased its selling prices. D. The increase in sales each year is more than enough to cover the increase in expenses.
Answers: 1
Business, 21.06.2019 21:00
Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability
Answers: 2
Business, 21.06.2019 21:00
In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the
Answers: 1
Business, 22.06.2019 07:10
Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?
Answers: 1
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
g The following information is from Megabux, Inc.'s annual report for the years ended December 31:...
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