The bottlebrush company has income from operations

Assignment Help Accounting Basics
Reference no: EM13548123

The Bottlebrush Company has income from operations of $95,940, invested assets of $130,000, and sales of $533,000. Round answers to one decimal place.

(a) Determine the profit margin.
%

(b) Determine investment turnover.
%

(c) Use the DuPont formula to determined the rate of return on investment.
%

Reference no: EM13548123

Questions Cloud

Compliance requirements are set forth : Compliance requirements are set forth
How they are used in operations and decision making : How they are used in operations and decision making,
Jamesway corporation has two separate divisions : Jamesway Corporation has two separate divisions that operate as profit centers
Dresden, inc. has four departments : Dresden, Inc. has four departments. Information about these departments is listed below. If allocated maintenance cost is based on floor space occupied by each, compute the amount of maintenance cost allocated to the Cutting Department.
The bottlebrush company has income from operations : The Bottlebrush Company has income from operations of $95,940, invested assets of $130,000, and sales of $533,000. Round answers to one decimal place.
How much gross profit is recognized using percentage : How much gross profit is recognized using percentage of completion method in 2012 and 2013
Describe the classification of expenditures : Describe the classification of expenditures as those that are related to a taxpayer's trade or business, those for the production of income, and those for personal use
What is his total return in dollars on this investment : Blair purchased 290 shares of stock last year at a total cost of $14,480. He has received a total of $710 in dividends on these shares. Today, Blair sold the shares at a price per share of $46. What is his total return in dollars on this invest..
What was the amount debited to work in process : What was the amount debited to Work in Process for factory overhead

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem related to deposits or withdrawals

If Kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits or withdrawals, how much will Kelly have in her account at the end of 5 years?

  International receivables turnover ratio

Beverage International reports net credit sales for the year of $240,000. The company balance of accounts receivable at the beginning of the year equaled $20,000 and the balance at the end of the year equals $30,000. What is Beverage International..

  Prepare a schedule indicating cash collections

Prepare a schedule indicating cash collections from sales for May, June, and July.

  What approach should john take in examining two computers

Julia Katchum is in charge of the Eastern Regional Counterterrorism Computer Forensics Unit. Her recent investigations led her to believe that an imminent threat of a terrorist act in the Chicago area exists.

  Many companies publish their annual reports on their

many companies publish their annual reports on their website usually in an investor relations section. visit several

  Determine net carrying value of the bond liability

On June 1, 2001, Janson Bottle Company sold $500,000 in long-term bonds for $428,800. The bonds will mature in 10 years and have a stated interest rate of 8% and a yield rate of 10% (use the 10%).

  Compare the primary auditor objectives in auditing

compare the primary auditor objectives in auditing historical financial statements to auditing internal controls over

  Question web-browser a non-public corporation is an

question web-browser a non-public corporation is an application service provider. web-browser gives web-based

  The litton company has established standards as follows

the litton company has established standards as follows direct material3 pounds per unit 4 per pound 12 per unit

  How many shares of common stock were issued during 2010?

a. How many shares of common stock were issued during 2010? What was their average issue price?  b. How many shares of preferred stock were issued during 2010? What was their average issue price?

  Describe the elements of an organization external

Describe the elements of an organization's external environment. Why is it important to understand the external environment?

  Advertising in a national magazine for teenage girls

Identifying variable costs - committed fixed costs and discretionary fixed costs - Advertising in a national magazine for teenage girls.

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