subject
Business, 11.12.2019 19:31 mohammedel04

"use the following information to answer this question. bayside, inc. 2017 income statement ($ in thousands) net sales $ 5,870 cost of goods sold 4,270 depreciation 335 earnings before interest and taxes $ 1,265 interest paid 31 taxable income $ 1,234 taxes 432 net income $ 802 bayside, inc. 2016 and 2017 balance sheets ($ in thousands) 2016 2017 2016 2017 cash $ 85 $ 190 accounts payable $ 1,455 $ 1,420 accounts rec. 960 800 long-term debt 760 560 inventory 1,565 2,010 common stock 3,185 3,230 total $ 2,610 $ 3,000 retained earnings 830 1,080 net fixed assets 3,620 3,290 total assets $ 6,230 $ 6,290 total liab. & equity"
how many dollars of sales are being generated from every dollar of fixed assets? (use 2010 values)
$1.72
$0.94
$0.95
$1.64
$1.80

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:20
Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
Answers: 1
question
Business, 22.06.2019 14:40
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
question
Business, 22.06.2019 17:30
Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii
Answers: 2
question
Business, 22.06.2019 19:10
Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production
Answers: 2
You know the right answer?
"use the following information to answer this question. bayside, inc. 2017 income statement ($ in th...
Questions
question
Physics, 20.09.2020 23:01
question
Biology, 20.09.2020 23:01
question
Computers and Technology, 20.09.2020 23:01
question
Mathematics, 20.09.2020 23:01
Questions on the website: 13722362