Net income divided by sales is the formula for which of these analytical measures?
A. Net margin
B. Return on equity
C. Return on assets
D. Earnings per share
Answer: A
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Wexford Co purchased a new delivery truck at the beginning of 2016 . The truck has a cost of $37,000, an estimated life of 5 years, and an estimated residual value of $7,000 . A full year's depreciation expense is to be recorded in 2016 . The truck was driven 20,000 miles during 2016 and 24,000 miles during 2017 . The number of expected miles over five years is 100,000. Refer to information about
Wexford Co Wexford Co wants to use the depreciation method that will result in the highest depreciation expense for 2016 . Which method should be used? a. straight-line b. units-of-production c. double-declining-balance d. all methods create the same income in 2016
Hollow Company provides you with following information for two of its employees. The company is subject to the following taxes.TaxRateApplied ToFICA-Social Security6.20%First $128,400FICA-Medicare1.45%All gross payFUTA0.60%First $7,000SUTA5.40%First $7,000Compute amounts for each of these four taxes as applied to each employee's gross earnings for November.Gross Pay through OctoberGross Pay for Novembera. $6,400$2,000b. $112,000$9,400
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Which of the following is a primary stakeholder for a bank?
A. national banking association B. neighboring businesses C. local television station D. bank customers
In expectancy theory, ______ is the perception that a particular level of performance is likely to provide the individual with a desired reward.
A. reward B. rate C. pay D. instrumentality