Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on Investment = Profit Margin x Investment Turnover 13.2%       = 6%     x (a)     (b)       = 10%     x 1.80     10.5%       = (c)     x 1.50     15%       = 5%     x (d)     (e)       = 12%     x 1.10     Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places.

Accounting: type question:,,,,,, While calculating purchase price, the following values of assets are considered A. Book value B. New values fixed C. Averagevalues D. Market values

Q25 Which of the following is not a source of valuation related information? a. Reports on utilization of resources b. Stock market statistics c. Board discussion papers d. Relevant economic data

H Operation Margin, Current Ration, Mark-up Ratio Part 1: Explain the meaning and the purpose of each ratio. Part 2: Discuss the importance and limitation if any

All of the following represents a cost-volume-profit relationship except: a. Total contribution margin + variable xpenses = variable expenses + fixed expenses profit b. Sales = totalexpe expenses + profit O cSales - variable senses + profit = fied expenses O d. Profit = totalcontri contribution margin- fixed expenses O e Sales - Variable expenses = fixed expenses + profit

Which cost flow assumption generally results in the highest reported amount of net income in periods of rising inventory costs?   Multiple Choice   LIFO.   FIFO.   Weighted-average.   Income will be the same under each assumption.

Limitations of the balance sheet include the following, except Group of answer choices It is the basis for calculating many financial ratios Assets and liabilities are generally reported at historical cost Judgment and estimates are used in some cases The omission of items that have financial value

Exercise 17-4 (Algo) Computing and interpreting common-size percents LO P2 Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most responsible for the decline in net income? Complete this question by entering your answers in the tabs below. Income Statement Reason for Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) Sales Cost of goods sold Gross profit Operating expenses Net income GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year $ Current Year % 780,000 $ 560,000 220,000 130,400 89,600 $ Income Statement Prior Year $ $ $ 660,000 295,400 364,600 251,600 113,000 Prior Year % Reason for Decline in Net Income >

Q31 Each and every individual item in this method is recorded in balance sheet in ________ method taking in to consideration the ________ index according to the cost of replacing all the assets and liabilities rather than original cost. a. Historical cost ; General price index b. Current purchasing; General price index c. Replacement cost ; Specific price index d. Replacement cost ; General price index

Receivable turnover Average collection period Inventory turnover Fixed asset turnover Total asset turnover Current ratio Quick ratio Assets Utilization Ratios c. Liquidity ratios. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Liquidity Ratios times times times days times times times