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Author Question: What is the correct profitability ratio formula? a. Profitability Ratio = 2 Expense Ratio b. ... (Read 151 times)

daltonest1984

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on: Aug 10, 2018
What is the correct profitability ratio formula?
 
  a. Profitability Ratio = 2  Expense Ratio
  b. Profitability Ratio = 1  Expense Ratio
  c. Profitability Ratio = 50 (1 x Expense Ratio)
  d. Profitability Ratio = Expense Ratio
  e. None of the above

Question 2

What monthly revenue trends are evident based on the data presented on Table 4?
 
  What will be an ideal response?


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kkenney

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Reply #1 on: Aug 10, 2018
Answer to Question 1

B

Answer to Question 2

The monthly revenue trends for Mrs. Roberts Cookies seem to present a seasonal difference. The revenue increases during the summer months and is distributed based on a curve. The winter months of January and February have the lowest revenue. Students should also mention the December 2008 revenue which is over 10,000 different from December of other years. Students should question what happened during this period.


daltonest1984

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Reply 2 on: Aug 10, 2018
YES! Correct, THANKS for helping me on my review

olderstudent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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