ZK
Zybrea Knight
Answers (8)
ZK
Answered
When making a claim or requesting an adjustment,what should be included in the opening of the message?
A) Complete and specific details of the issue
B) Information needed to verify your complaint
C) A statement expressing your desire to resolve the issue
D) Information from sales receipts,cancelled checks,and other data
E) A clear statement of the problem and your request
A) Complete and specific details of the issue
B) Information needed to verify your complaint
C) A statement expressing your desire to resolve the issue
D) Information from sales receipts,cancelled checks,and other data
E) A clear statement of the problem and your request
On Aug 06, 2024
E
ZK
Answered
How does a mobile-first approach to websites affect their design?
A) Websites include more links and search features
B) Websites can be viewed on a PC then linked to tablets
C) Websites are incorporating more graphics
D) Websites are designed to be more colorful and interactive
E) Websites are designed for optimum viewing on smartphones and tablets
A) Websites include more links and search features
B) Websites can be viewed on a PC then linked to tablets
C) Websites are incorporating more graphics
D) Websites are designed to be more colorful and interactive
E) Websites are designed for optimum viewing on smartphones and tablets
On Aug 02, 2024
E
ZK
Answered
Potential investors typically study the _____ in a firm's annual report to determine whether the company meets their investment requirements.
A) product list
B) growth plans
C) mission statement
D) corporate information
E) financial statements
A) product list
B) growth plans
C) mission statement
D) corporate information
E) financial statements
On Jul 07, 2024
E
ZK
Answered
All of the following are guidelines for the effective use of punishment except
A) tell the individual what is being done wrong.
B) tell the individual what is being done right.
C) punish openly and in public.
D) follow the laws of contingent and immediate reinforcement.
E) make sure the punishment matches the behaviour.
A) tell the individual what is being done wrong.
B) tell the individual what is being done right.
C) punish openly and in public.
D) follow the laws of contingent and immediate reinforcement.
E) make sure the punishment matches the behaviour.
On Jul 03, 2024
C
ZK
Answered
Technological advance improves productive efficiency by:
A) lowering average total cost.
B) increasing marginal utility.
C) enhancing monopoly power.
D) giving society a more-preferred mix of goods and services.
A) lowering average total cost.
B) increasing marginal utility.
C) enhancing monopoly power.
D) giving society a more-preferred mix of goods and services.
On Jun 07, 2024
A
ZK
Answered
An administrative law judge's decision may be directly appealed to:
A) a state trial court.
B) the full commission or head of an agency.
C) the circuit court of appeals.
D) the United States Senate Judiciary Committee.
E) the United States Senate Committee on Rules and Administration.
A) a state trial court.
B) the full commission or head of an agency.
C) the circuit court of appeals.
D) the United States Senate Judiciary Committee.
E) the United States Senate Committee on Rules and Administration.
On Jun 03, 2024
B
ZK
Answered
The following selected data were taken from the financial statements of the Winter Group for the three most recent years of operations: 
The Year 3 net income was $242,000, and the Year 2 net income was $308,000. No dividends on common stock were declared during the three years.
(a)Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for Years 2 and 3. Round to one decimal place.
(b)What conclusion can be drawn from these data as to the company's profitability?
The Year 3 net income was $242,000, and the Year 2 net income was $308,000. No dividends on common stock were declared during the three years.(a)Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for Years 2 and 3. Round to one decimal place.
(b)What conclusion can be drawn from these data as to the company's profitability?
On May 07, 2024
(a)Return on Total Assets =
(Net Income + Interest Expense )/Average Total AssetsYear 3:
($242,000 + $100,000)/$2,850,000* = 12.0%Year 2:
($308,000 + $100,000)/$2,550,000** = 16.0%*
($3,000,000 + $2,700,000)/2**
($2,700,000 + $2,400,000)/2Return on Stockholders' Equity = Net Income/Average Stockholders' EquityYear 3: $242,000/$1,611,000* = 15.0%Year 2: $308,000/$1,348,000** = 22.8%*
($1,726,000 + $1,496,000)/2**
($1,496,000 + $1,200,000)/2Return on Common Stockholders' Equity =
(Net Income - Preferred Dividends)/Average Common Stockholders' EquityYear 3:
($242,000 - $12,000)/$1,411,000* = 16.3%Year 2:
($308,000 - $12,000)/$1,148,000** = 25.8%*
($1,526,000 + $1,296,000)/2**
($1,296,000 + $1,000,000)/2
(b)The profitability ratios indicate that the Winter Group's profitability has deteriorated. Most of this change is from net income falling from $308,000 in Year 2 to $242,000 in Year 3. The cost of debt is 10%. Since the return on total assets exceeds this amount in either year, there is positive leverage from use of debt. However, this leverage is greater in Year 2 because the return on total assets exceeds the cost of debt by a greater amount in Year 2.
(Net Income + Interest Expense )/Average Total AssetsYear 3:
($242,000 + $100,000)/$2,850,000* = 12.0%Year 2:
($308,000 + $100,000)/$2,550,000** = 16.0%*
($3,000,000 + $2,700,000)/2**
($2,700,000 + $2,400,000)/2Return on Stockholders' Equity = Net Income/Average Stockholders' EquityYear 3: $242,000/$1,611,000* = 15.0%Year 2: $308,000/$1,348,000** = 22.8%*
($1,726,000 + $1,496,000)/2**
($1,496,000 + $1,200,000)/2Return on Common Stockholders' Equity =
(Net Income - Preferred Dividends)/Average Common Stockholders' EquityYear 3:
($242,000 - $12,000)/$1,411,000* = 16.3%Year 2:
($308,000 - $12,000)/$1,148,000** = 25.8%*
($1,526,000 + $1,296,000)/2**
($1,296,000 + $1,000,000)/2
(b)The profitability ratios indicate that the Winter Group's profitability has deteriorated. Most of this change is from net income falling from $308,000 in Year 2 to $242,000 in Year 3. The cost of debt is 10%. Since the return on total assets exceeds this amount in either year, there is positive leverage from use of debt. However, this leverage is greater in Year 2 because the return on total assets exceeds the cost of debt by a greater amount in Year 2.
ZK
Answered
The Sarbanes-Oxley Act establishes a new regulatory body to oversee public company auditors, makes auditors more closely connected to their clients, and places direct responsibility for the audit relationship on the auditor himself.
On May 04, 2024
False