Vern Thoms is puzzled. His company had a profit margin of 10% in 2019. He feels that this is an indication that the company is doing well. Tina Amos, his accountant, says that more information is needed to determine the company's financial well-being. Who is correct?

Answers

Answer 1

Answer:

Tina Amos is correct.

Explanation:

It is not enough to use the profit margin of a company to determine its financial well-being.  There are other considerations with regard to its liquidity, solvency, profitability, and operating efficiency.  While the profitability measure is considered as foremost in determining financial health, more information on this profit margin is surely needed.  Financial health is not considered in isolation.  A company must also compare its health with other similar companies in its industry.  A trend analysis of past year's profit margin also needs to be performed to ascertain if the profit margin of 10% in 2019 is adequate and comparable.


Related Questions

Click this link to visit the O*NET page for the Athletic Trainers career. Scroll to the Wages & Employment link. According to O*NET, what is the projected growth for Athletic Trainers between 2012 and 2022?

average (10 to 19 percent)
faster than average (15 to 21 percent)
much faster than average (29 percent or higher)
slower than average (3 to 9 percent)

Answers

Answer:

much faster than average (29 percent or higher)

Explanation:

C

Answer:

C. much faster than average (29 percent or higher)

Explanation:

A few simple business questions, 50 points

Answers

Answer: Human resource Management

Explanation: In a buisness people wouldn't be able to mantain employess and recruit new ones without HRM.

Recruitment and onboarding.Training and development.Compensation and benefits.Corporate policy.Employee relations.Risk management.

Which of the following is a disadvantage of being a private limited company?
a. It has a separate legal Identity and therefore has continuity
b. Control is kept over who buys shares in the company
c. Shareholders' personal possessions cannot be taken to pay any debts
d. A summary of the business's accounts can be viewed by the public

Answers

The most likely answer here is B

tions (Online
Virtual)
Click this link to view O*NET's Wages and Employment section for Construction Managers. According to O*NET,
what is the projected growth for this career between 2019-2029?
average
O much faster than average
o little or no change
o slower than average

Answers

Answer: much faster than average

Explanation: Construction managers are the people that are responsible for the coordination and supervision of projects that has to do with construction of building, bridges, road, hospitals etc.

The construction manager is responsible for monitoring finances and ensuring that every firm of hazard is removed from the workplace.

According to O*NET, the projected growth for this career between 2019-2029 would be much faster than average.

Therefore, the correct option is B.

Answer:

B- Much Faster Than Average

Explanation:

Attached is the O*Net conclusion and my Edge answer. Please read the question carefully to make sure that you are answering the right one, this is for Construction Managers

What determines the efficiency of an organization?


a. organization

b. mission

c. action plan

d. objectives

Answers

Answer:

I think it is A but I am not completly sure please tell me what the correct awnser if i am wrong

Explanation:

f Carlin can afford $350 per month, she could have just bought a more expensive house ($94,000 -- one of the nicest houses in her neighborhood!). Do you think she should pay off an expensive house in 30 years? Or, should she pay off a cheaper house in less time with less interest? Explain why you feel that way. How much total interest will she pay over the course of the mortgage for this house?

Answers

Answer:   she should buy the cheaper house with interest because even with interest its still prob cheaper and you didnt give the interest amount

Explanation:


11
Which of the following is the term used to describe activities falling outside of the normal, required curriculum of school?
O Extraneous activities
extracurricular activities
supplementary activities
copious activities

Answers

B. extracurricular activities!

Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment

Answers

Answer:

He needs to make sure his checking account balance is sufficient enough to cover the check

Explanation:

Answer:

C. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

How are Epigenetic tags different from genes?

* please i really need help i ask this question but nobody answer so i had to post it again \(>~<)/

Answers

Answer:

epigenetics is the term used to describe inheritance by mechanisms other than through the DNA sequence of genes. It can apply to characteristics passed from a cell to its daughter cells in cell division and to traits of a whole organism.

Explanation:

Why is a brand important to a business?

Answers

good branding increases the value of a company, provides employees with direction and motivation, and makes acquiring new customers easier.

I rlly need answers quick guys! This isnt Business tho!

Subtracting money.
$ c. $ c.
395.12 - 275.64

Answers

Answer:

$119.48

Explanation:

hope this helped :)

What is the purpose of the 1040 series of tax forms?

To file an extension for submitting your individual tax returns

To file individual tax returns To file corporate tax returns

To declare that you owe nothing in taxes​

Answers

Answer:

To file individual tax returns

Explanation:

The IRS 1040 form is a formal document from the IRS that individual taxpayers in the US use to file tax returns. It is a form for filing personal tax returns by US residents. Form 1040 assist an individual in calculating the amount of taxable income. It helps determine the tax amount due or amount of refund to claim from the IRS.

a market economy is regulated by the intercations between which two things​

Answers

Answer

Explanation:

producers and consumers in the market.

please give me brainliest

Answer:

Producers and consumers

Explanation:

Interactions between suppliers and consumers regulate economic activities in a free market economy. Demand and supply determine the goods and services to be produced and availed in the market. Suppliers represent the supply side, while consumers represent the demand.

Suppliers are profits motivated. They will supply goods and services that will generate high profits. These are the goods that consumers demand more.

Race, sex, and religious beliefs are traits that cannot be used as
a basis for workplace treatment because they are
1. Private choices
2. Protected characteristics
3. Positive characteristics
4. Protected choices

Answers

I’m not very sure but the answer should be number 3
The answer should be 2

Dotty's is a high fashion boutique, owned by entrepreneur Daisy Smith. The
business has been open a year, and specialises in designer outfits for women.
Daisy made the decision to set up the business after working in a high street
chain for five years.
Which of the following does NOT analyse how entrepreneurial skills will enable
Daisy's business to be more financially successful?​

Answers

Answer: By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance.

Explanation:

The option that doesn't analyse how entrepreneurial skills will enable

Daisy's business to be more financially successful is that "By being organized, Daisy will be abke to ensure that her business runs more smoothly and that she has stock in the shop when is is needed and the suppliers are paid on time. This could lower the levels of stress experienced by Daisy and lead to her enjoying a better work life balance".

We should note that while other options shows that there will be an increase in customer, increase in sales and lead her to be more financially successful, this particular option only relates to her work-life balance and not have an impact on her financial stability.

Select all that apply.

______ are examples of personal values.
A. Recognition
B. Relationships
C. Enthusiasm
D. Courage

Answers

The answer is :
B,c&d

Answer:

Relationships

Enthusiasm

Courage

You are a business loan has a variable interest rate next month the annual rate will jump from 6.3% to 7.8%. Your balance is 1,620,000 how much your monthly payment go up

Answers

Answer: $‭2,025‬

Explanation:

Your monthly payment based on the rate of 6.3% per annum is:

= (6.3% * 1,620,000 ) / 12 months

= 102,060‬ / 12

= $‭8,505‬

Now that the rate has gone up to 7.8% per annum, the payment is:

=  (7.8% * 1,620,000 ) / 12 months

= ‭126,360‬ / 12

= $‭10,530‬

Payment went up by:

= ‭10,530‬ - 8,505

= $‭2,025‬

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