If your P L statement shows a profit of for the year of 1 million then you dont have to worry about covering your payroll. They are intended to help alleviate the financial burden on state Medicaid programs O b.
Solved Which Of The Following Statements About Net Profit Chegg Com
If costs are greater than sales revenue the firm earns a profit.
. True False Questions 1. Financial risk is the basic risk inherent in the operations of a firm. B Supply chain savings exert more leverage as the firms purchases are a smaller percent of sales.
Which of the following statements regarding the balance sheet is true. All revenues come from selling the companys goods or services. A Supply chain leverage is about the same for all industries.
Gross profit must cover all operating expenses to yield a return for the owner of the business. The ultimate effect of leverage on shareholders return measured by EPS and ROE depends on the firms EBIT. Gross profit is also called gross margin.
If only the fixed costs increase but the number of units sold and unit selling price and unit variable cost are all constant the margin of safety decreases. If sales revenues are greater than costs the firm earns a profit. AEach strategic objective is a subcomponent of the companys mission statement.
Which of the following statements is false regarding corporate tax return due Which of the following statements is false regarding corporate tax return due dates. Explicit costs of using market-supplied resources entail an opportunity cost equal to the dollar cost of obtaining the resources in the market. All of the following statements regarding todays long-term care partnership programs are true EXCEPT.
C The greater the risk of running out of stock the larger the safety stock needed. Corporate tax returns for 2018 calendar-year corporations are due April 15 2019. Group of answer choices If economic profit is positive accounting profit must also be positive.
It can be viewed as the volatility of a firmâ s EBIT. Which of the following statements regarding Dupont Equation is FALSE. C The Indian government increased the tax rate.
CEach of the four performance perspectives in the balanced scorecard should be. Up to 256 cash back False. Gross profit less other operating expenses equals income from operations.
State whether the following statements are true or false. B It will include a subtotal called gross profit. C The Indian government increased the tax rate.
The gross profit margin is unchanged but the net profit margin declined over the same period. Which of the following statements hold true for safety stock. This could have happened if A Cost of goods sold increased relative to sales.
All of the statements are incorrect. Gross profit less other operating expenses equals income from operations. If total sales rise by 100000 the net result will be _____.
C It is not allowed for external reporting purposes. B Sales increased relative to expenses. If sales revenues are less than costs the firm earns a profit.
A net profit margin of 154 means that the company used 846 cents of each sales dollar to cover costs and expenses. Up to 25 cash back 16. Gross profit is also called gross margin.
Ideal current ratio is 21. Gross profit is not calculated on the multiple-step income statement. Which of the following statement is false.
Which of the following statements is true regarding the leverage of supply chain savings. A The higher the profit margin per unit the lower the safety stock necessary. True or False.
Divisional income statements do not have to follow generally accepted accounting principles GAAP because they are internal reports. A net profit margin of 10 percent indicates that a firm generates 10 centavos in net income for every peso of total assets. B The lower the opportunity cost of the funds invested in inventory the smaller the safety stock needed.
Current ratio is also known as liquid ratio. They require that individuals purchase a qualified long-term care partnership policy O c. Which of the following statements is false regarding the contribution margin income statement.
Best companies have the best financial ratios in all three areas ie Profit Margin Total assets turnover and Equity multiplier that Dupont equation focuses on B. D The greater the uncertainty. Presently the Classic Book Division of Griffin Publishing Corporation has a profit margin of 30.
D Dividends were decreased. False Working Capital Ratio. 2The desire to maintain high bond ratings will tend to increase the use of debt financing in a firmâ s capital structure.
Time-series analysis measures a firms financial ratios over time. One disadvantage of using after-tax. Gross profit is not calculated on the multiple-step income statement.
No change in the profit margin ratio. If things go poorly for the firm increased leverage provides greater returns to. C Supply chain savings exert more leverage as the firms net profit margin decreases.
D It is used by management to perform cost- volume. A It will group costs into categories based on their behavior fixed versus variable. None of the above statements is false.
Corporate tax returns may receive an automatic 6-month extension. BStrategic objectives are the same as the overall mission statement of the company. Which of the following statements regarding strategic objectives in the balanced scorecard is false.
1 an increase in the profit margin ratio to above 30 a decrease in the profit margin ratio to below 30. Gross profit equals net sales less cost of goods sold. Return on equity ROE Net IncomeSales x SalesTotal Assets x Total AssetsTotal Equity C.
Margin of safety measures the difference between budgeted revenues and breakeven revenues. Multiple Choice Gross profit equals net sales less cost of goods sold. Which of the following statements regarding leverage is false.
Ratio analysis is a technique of planning and control. Gross profit must cover all operating expenses to yield a return for the owner s of the business. Which of the following statements is TRUESelect one.
If economic profit is negative accounting profit must also be negative. Ratio analysis is the most widely used technique for analysis of financial statements. One advantage of using after-tax income as a performance measure of divisional results is its a financial accounting measure that is also used to compute the organizational income.
Exam B
Solved Which Of The Following Statements Concerning The Chegg Com
Solved Which Of The Following Statements Concerning The Chegg Com
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