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please help!! 1 - Goods and services provided to customers during the period =$70,000 The following are ratios for two companies: - Cash received from
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1 - Goods and services provided to customers during the period =$70,000 The following are ratios for two companies: - Cash received from customers during the period = - Debt to assets: ABCCo=0.70;XYZCo.=0.63 $50,000 - Return on assets: ABCCo=10.2%;XYZCo=7.9% - Goods and services received from employees and - Current ratio: ABCCo.=2.4;XYZCo0=1.8 suppliers during the period =$30,000 - Profit margin: ABCCo=8.3%;XYZCo=8.1% - Cash paid to employees and suppliers during the period = Ratio formulas: $20,000 Inventory turnover =( cost of goods sold / average inven Calculate accrual basis net income. Debt to assets ratio = (total liabilities / total assets) Return on assets = (net income / average total assets) Current ratio = (current assets / current liabilities) Answer: Profit margin = (net income / net sales) Which company is more profitable? ABCCo. XYZCo. 3 Which of the following are examples of manufacturing overhead costs? Select all that apply. Which company is more liquid? Insurance premiums on salespersons' automobiles ABC Co. The company CEO's monthly salary XYZ Co. Utility costs on the administrative building Factory repair and maintenance costs Which company is more solvent? ABC Co. XYZ Co. 4 ZYX Company's total costs at its high and low points are as follows: Low point: total cost of $35,000 for 3,000 units High point: total cost of $59,000 for 6,000 units Calculate variable cost per unit using the high-low methodStep by Step Solution
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