From the information provided, calculate Giuseppe's profit margin ratio for each of the three years. Comment on the results, assuming that the industry average for the profit margin ratio is 6% for each of the three years.
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On July 7, 2014, Lawrence Company sold some machinery to Johnson Construction Company. The sales contract requires Johnson to pay five equal annual payments of $75,000 each, beginning on July 7, 2014. What present value concept is most appropriate for this situation?
A) present value of an annuity due of $1 for five periods B) present value of an ordinary annuity of $1 for five periods C) future value of an annuity of $1 for five periods D) future value of $1 for five periods
Umber Company's bank reconciliation for September is presented below. Prepare the necessary adjusting journal entries based on the reconciliation report.UMBER COMPANYBank ReconciliationSeptember 30Bank statement balance$1,350Book balance of cash?$995Add:?Add:??Deposit in transit1,250Proceeds of note?875Bank error275????$2,875??1,870Deduct:?Deduct:??Outstanding checks1,145NSF check plus processing fee?125??Bank service charge?15Reconciled balance$1,730Reconciled balance?$1,730
What will be an ideal response?
According to former public relations executive Martin Arnold's, too many job applicants fail to ________
A) make the 30-second elevator speech B) make a follow-up call to set up an interview C) take control of the interview D) search for a specific person to contact
Sales ____________ provides selling aids for the marketing function.
Fill in the blank(s) with the appropriate word(s).