This topic contains a solution. Click here to go to the answer

Author Question: What is the correct profitability ratio formula? a. Profitability Ratio = 2 Expense Ratio b. ... (Read 160 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kkenney

  • Sr. Member
  • ****
  • Posts: 352
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

  • Member
  • Posts: 536
Reply 2 on: Aug 10, 2018
:D TYSM


jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library