Here and Gone, Inc., has sales of $11,627,514, total assets of
$8,714,107, and total debt of $4,097,299. If the profit margin is
11 percent, what is net income?

Answers

Answer 1

The net income for Here and Gone, Inc. is approximately $1,279,026.54. The net income for Here and Gone, Inc. can be calculated using the profit margin and sales information provided.

The net income is the amount of profit that a company earns after deducting all expenses from its total revenue. In this case, Here and Gone, Inc. has provided its sales, total assets, total debt, and profit margin. The profit margin is given as 11 percent, which represents the percentage of net income to sales. We can calculate net income by multiplying the sales by the profit margin.

Net Income = Sales × Profit Margin

Given that the sales are $11,627,514 and the profit margin is 11 percent (0.11), we can calculate the net income as follows:

Net Income = $11,627,514 × 0.11 = $1,279,026.54

Therefore, the net income for Here and Gone, Inc. is approximately $1,279,026.54.

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Related Questions

Smartphone sales have stagnated in developed countries, but they continue to experience high growth in emerging economies. Which aspect of the industry does this trend reflect

Answers

Answer:

Open innovation

Explanation:

In a bid to drive growth and revenue, organizations and develop products which are customer friendly and centric, company's may decide not to rely on internal expertise or ideas within its own staff or designers, such that they seek external resources in a bid to mould their product offering in a systematic manner. These idea of seeking external knowledge or opinion in other to develop consumer products is called open innovation. It is a major trend which could be used to explain the push and increase in smartphone sales in developing economies as the companies tries to move in line with the current status.

5. Describe at least three investments you want
to make with your income. Explain whether
each one is an equity investment or a debt investment, and explain why you chose these
particular types of investments

Answers

With the money I'd make, I'd like to buy a car as an equity investment.

This item was chosen because it would assist me in getting to work and other locations on my own.

I'd also like to utilize my money to purchase or rent a house, which would also be an equity investment and provide me with a place to live for an extended length of time.

I'd like to invest in a powerful firm that wants to do good in the world; this is a debt investment that would offer the world a strong face.

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Kate owned a small grocery store. one day john went to the store and purchased a can of chip dip that was, unknown to kate or john, adulterated. john became seriously ill after eating the dip and sued kate for damages on the grounds that she breached an implied warranty of merchantability. is kate liable? why?

Answers

The inclusion of the criteria is considered "merchantable":i) They must adhere to the trade standards outlined in the contract for sale; (ii) They must be suitable for the intended use, even if the buyer ordered them for a different purpose;iii) Their quality must be consistent.

What is the merchantability implied warranty?

(1) If the seller is a merchant with respect to goods of that kind, a warranty that the goods shall be merchantable is implied in a contract for their sale unless excluded or modified (RCW 62A. 2-316).

Which of the distinguishes an implied warranty from an express warranty?

Express warranties are verbal or written promises made by a seller to a buyer that are specific. An implied warranty may take effect if guarantees are not communicated. Unwritten assurances that a product or service will perform as expected are known as implied warranties.

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Select the correct answer.
Why are borrowing and lending money important in the United States?
A.
They ensure that people and businesses can buy what they need.
B.
They ensure that money is distributed equally and fairly to all.
C.
They ensure that the government's financial regulations are followed.
D.
They ensure that the nation can avoid an economic recession.

Answers

Answer:

A.

They ensure that people and businesses can buy what they need.

Explanation:

Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.

In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.

Answer:

A. They ensure that people and businesses can buy what they need.

Hope this helps!

Explanation:

Select the correct answer.Why are borrowing and lending money important in the United States?A. They

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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how many sellers constitute a monopoly market? group of answer choices a. 1. b. 2 or 3. c. between 5 and 10. d. between 10 and 50. e. many.

Answers

The answer to the question is a. 1.

In a monopoly market, the seller has complete control over the price and output levels of the good or service being sold, with no competition to limit their power.

Therefore, a monopoly market is characterized by a single seller dominating the market, with no close substitutes available.

This can lead to higher prices and reduced consumer choice, as well as reduced incentives for innovation and efficiency. Government intervention may be necessary to regulate and break up monopolies in order to promote fair competition and protect consumer welfare. It is worth noting that there are also other market structures, such as oligopoly (a small number of dominant sellers) and monopolistic competition (many sellers with differentiated products), which have different characteristics and implications for market outcomes.

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Janice contracts to sell a certain tract of land to Anthony for$5,000, but the contract does not state a time for delivery of the deed andpayment of the price. In this situation: courts will treat the promises to deliver the deed and to pay the $5,000 as mutually dependent.

Answers

When a contract fails to state a time for the delivery of the deed and payment of the price, the promises to deliver the deed and pay the amount will be treated as mutually dependent, and both parties are expected to perform their obligations at the same time.

What is the legal outcome when a contract does not state a time for delivery of the deed and payment of the price?

Courts frequently view the pledges to deliver a deed or pay the sum as being mutually reliant when an agreement does not specify a deadline for either event.

This means that both parties are expected to fulfill their respective obligations at the same time, and neither party has the right to demand performance from the other without also being ready and willing to perform.

This principle is based on the concept of concurrent conditions, which is a rule that requires each party to perform their obligations under the contract simultaneously.

The courts will, therefore, treat the contract as containing an implied condition that both parties must be ready and willing to perform before either can demand performance from the other.

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The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. Stockholders' Equity (December 31, 2016) Common stock-$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 140,000 100,000 340,000 $ 580,000 Stockholders' Equity (December 31, 2017) Common stock-$4 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($30,000 restricted by treasury stock) $164,800 162,000 420,000 746,800 (30,000) $716,800 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during year 2017 Jan. 5 Declared a $0. 60 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0. 60 per share cash dividend, date of record April 10. July 5 Declared a $0. 60 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0. 60 per share cash dividend, date of record October 10. 3. What is the amount of the capitalization of retained earnings for the stock dividend? Capitalization amount

Answers

the amount of the capitalization of retained earnings for the stock dividend in Atticus Group's equity section is $115,360.

To calculate the capitalization amount of retained earnings for the stock dividend, we need to multiply the number of shares issued as a stock dividend by the market value per share at the time of the dividend declaration.

In this case, the stock dividend involved 20% of the 41,200 shares issued. So, the number of shares issued as a stock dividend is:

Number of shares issued = 20% of 41,200 shares

= 0.20 * 41,200

= 8,240 shares

The market value per share at the time of the dividend declaration was $14. Therefore, the capitalization of retained earnings for the stock dividend is:

Capitalization amount = Number of shares issued * Market value per share

= 8,240 * $14

= $115,360

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Comprehension Que
1. What was the occupation of Husni before he relocated to the city?​

Answers

Answer:

Egyptian military and political leader

Culture, demand and competition impose saturation limits above which no amount of advertising spending can increase sales. True or false.

Answers

True that culture, demand, and competition impose saturation limits above which no amount of advertising spending can increase sales.

It is true that culture, demand, and competition impose saturation limits above which no amount of advertising spending can increase sales. Advertising can help increase brand awareness, familiarity, and preference among consumers, but there comes a point where the market becomes saturated, and additional advertising spending does not lead to significant increases in sales. The saturation limit may vary depending on the product or service, the industry, and the target audience. Therefore, it is crucial for businesses to understand their market and determine the optimal advertising budget to achieve their sales goals.

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Which of the following is a challenge for a business that wants to begin exporting?

A) increasing company profits.
B) identifying a target market.
C) improper use of a trademark
D) Generate tax dollars for another country.

Answers

The answer to that is D

When discussing choosing a Cunningham for the jury, Atticus says, “When you analyze it, there was little risk. There’s no difference between one man who’s going to convict and another man who’s going to convict, is there? There’s a faint difference between a man who’s going to convict and a man who’s a little disturbed in his mind, isn’t there?

Answers

Atticus says they're pοοr  grοwers, but want tο get by οn their οwn. Hοwever, they pay in crοps because that's all they can dο, If they need tο hire peοple.

Atticus has nοthing against the Cunninghams, but Scοut dοes n’t knοw any better. She said tο Calpurnia, “ he ain’t cοmpany, Cal, he’s just a Cunningham.

”She alsο says that he lοοks like he was raised οn fish fοοd. After Scοut explained why she was  frenetic at Walter, he tοld her tο put herself in his shοes. That yοu  nοway  really knοw a persοn unless yοu see the wοrld in their pοint οf view.

The Finches are  analοgοus tο the Cunninghams because bοth families are cοnsidered pοοr because οf the Great Depressiοn, indeed thοugh the Cunninghams have lοwer. The are different because οf sοcial class.

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he loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)

Answers

Answer:

what did he sayyyyyyyyyy

dunn dunn dun dunn dun

Who is KitchenAid target market?

Answers

KitchenAid's target market includes home cooks, food enthusiasts, and professional chefs. The brand offers a range of high-quality kitchen appliances and tools designed to make cooking and baking easier and more enjoyable.

These products appeal to a wide range of consumers, from those who enjoy experimenting with new recipes to those who need reliable, durable appliances for daily use.

Whether you are a beginner cook or an experienced chef, KitchenAid has products that can help you create delicious meals and desserts.

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A college-educated woman waits until age 32 before she has her first child because she wanted to establish her own business first. based on our studies of fertility rates, this woman is most likely a citizen of __________. a. a highly developed nation with an aging population b. an underdeveloped nation with a young population c. a nation with a high total fertility rate d. a nation where most citizens practice subsistence agriculture please select the best answer from the choices provided. a b c d

Answers

A. a highly developed nation with an aging population

what subjects in secondary school should i do in order to become a real estate agent?
Subjects ex: Maths, English, science, bio, etc,

Answers

Subjects to be done in secondary school to become a real estate agent include:

Business and economics Math Social studies Technology and computer skills

Which subjects can help in real estate ?

Classes in business and economics can provide a foundation in financial and economic principles, which can be useful for understanding real estate market trends and analyzing property values.

Courses in mathematics, such as algebra and geometry, can be helpful for understanding and analyzing property measurements, statistics and data.

Understanding history, geography, and culture of a location can be helpful in understanding the market and giving clients the best advice and can be learnt from secondary school.

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You need a new computer, and you will need a loan in order to buy one. Which lender is most likely to charge you the highest interest rate on your loan?


A. finance company

B. savings and loan association

C. credit union

D. savings bank

Answers

i would say B or D
hope this helps!! <3

Savings and loan association is the lender is most likely to charge you the highest interest rate on your loan. Hence, option B is correct.

What is the main purpose of a savings and loan association?

Building Societies or Savings and Loan Associations perform the same fundamental duties by gathering funds from the general public and using those savings to fund mortgage loans for residential real estate.

The S&L crisis may have caused the banking sector to collapse with the greatest degree since the Great Depression. By 1989, more than 1,000 S&Ls had failed nationwide, thus destroying one of the most reliable sources of house mortgages.

In that they provide many of the same services, including banking and mortgage financing, savings and loan associations function similarly to banks and credit unions. Savings and loan organizations, however, prioritize savings and mortgages more.

Thus, option B is correct.

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Which statement is true about ISO 9000?
A.
Only 10 products from an organization can be certified.
B.
Organizations can become certified.
C.
Employees can certify themselves.
D.
Marketing activities can be certified.

Answers

C.organizations can become certified

Answer: B- Organizations can become certified

Explanation: In the lesson it states:

"Here are certain facts about ISO 9000:

ISO 9000 is applicable to any business, regardless of its size or the industry in which it exists.

It includes definitions, requirements, and recommendations for continuous improvement.

ISO 9000 can also provide certifications to organizations.

Over 170 countries have used ISO 9000 certifications in their industries."

[15 POINTS] Which negative quality does Deborah exhibit? Deborah believes that people of other nationalities are inferior to her. She treats them with disdain and does not miss an opportunity to abuse them. Deborah is a (BLANK) .

Answers

Answer:

rasit

Explanation:

i got it right on plato have a nice day!

Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.

Xenophobia

It is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.

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relevant costs are best described as select one: a. future costs. b. future costs that differ between competing decision alternatives. c. opportunity costs. d. out-of-pocket costs.

Answers

Relevant costs are best described as future costs that differ between competing decision alternatives.

The term "relevant cost" in managerial accounting refers to avoidable expenses that are only incurred when making particular business decisions. To remove extraneous information that might make decision-making more difficult, the concept of relevant cost is used. To decide whether to sell or keep a business unit, for instance, relevant cost is used.

A sunk cost, which has already been incurred regardless of the result of the current decision, is the opposite of a relevant cost.

When making decisions about things like whether to close a business unit, whether to make or buy labor or parts, or whether to accept last-minute or special orders from customers, management considers relevant costs.

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Explain the role audit committee plays in the company​

Answers

Answer:

The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.

Hope this helps.☝

Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to
exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?

Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and

Answers

The correct answer is Journalism

Explanation:

Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.

Answer:

D. Journalism

Explanation:

how has the market for personal computers changed

Answers

Answer:

they nwes a commuters for kids who want a game

Well, there are a lot more computers made for different fields of interest or careers. I.e gaming computers, computers for art / design, and more coded and virus protected ones.
A lot of them are smaller and easier to carry around. Some are more affordable than others. Many are also targeted for people in school or college.

what are the five inputs to any total value of money (tvm) problem?

Answers

The five inputs to any TVM problem are present value, future value, time period, interest rate, and payment.

The  five inputs to any time value of money (TVM) problem are:

1. Present Value (PV): This is the current value of an investment or loan. It represents the amount of money that you have now or that you need to invest or borrow today.

2. Future Value (FV): This is the value that an investment or loan will have at a future point in time. It represents the amount of money that you expect to have in the future, after taking into account the effects of interest or other factors.

3. Time period (n): This is the length of time over which the investment or loan will be held. It is usually expressed in years, but can also be expressed in months, days, or other units of time.

4. Interest rate (i): This is the rate at which money grows over time. It is usually expressed as a percentage per year.

5. Payment (PMT): This is the amount of money that is paid or received periodically over the time period. It is typically used in annuity or loan calculations, where a fixed amount is paid or received at regular intervals.

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Victor Lorenz realizes that he needs a new car, so he has read through Consumer Reports and has visited selected dealerships to gather more information. According to the steps involved in a purchase decision, he is ready to

Answers

Available Options Are:

A) weigh the various options that have come to light.

B) make a choice.

C) acknowledge that a problem exists.

D) look for information that may include brand names and product characteristics.

E) acquire the car.

Answer:

Option A. Weigh the various options that have come to light

Explanation:

Victor Lorenz is in the phase of option analysis which is weighing each available options to find the best option and opt it. The customer analyzes the features, capabilities, financial and non financial implications of the product and then take decision to choose the right one. Usually knowledgeable customers have this attitude and their choices are far much better as they research for better options to opt.

Which of the following choices incur speculative risk?

a.stocks

b.fire insurance on a house

c.options

d.life insurance


e.high interest savings account

Answers

Answer: correct option is A.

Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.

Stocks incur speculative risk. Therefore option A is correct.

What are Stocks?

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

Common stock and preferred stock are the two primary categories of stocks.

Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.

Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.

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the separation of powers splits _____ into three branches.

Answers

"The separation of powers splits the government into three branches."

What is the separation of powers?

The three branches of government that are commonly separated under this system are the Judicial Branch, the Executive Branch, and the Legislative Branch. The federal government of the United States and the forty legislatures employ this three different branches of government. The U.S. Constitution created three independent but equal departments of government: the legislative branch which makes laws, the executive branch which executes laws, and the judicial branch interprets the law.

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B. Industria and Extractive Occupation can be grouped into Extractive, direct and indirect C Construction, Manufacturing D. Manufacturing, Commercial and direct​

Answers

Industrial and Extractive Occupation can be grouped into   option A. Extractive, direct, and indirect.

What is the Occupation  about?

Businesses and extractive occupations include the extraction of crude materials from nature. This incorporates businesses such as mining, oil and gas extraction, logging, as well as angling.

These businesses extract  assets from the environment and get ready them for assist handling or utilize in fabricating and other businesses. They are fundamental for giving the crude materials that back numerous other businesses and financial exercises.

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Companies go through different phases to reach product/market fit. These phases are the


A: idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.

B: idea stage, the prototype stage, the launch stage, the traction stage, and the growth stage.

C: the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.

D: idea stage, the traction stage, the monetization stage, and the growth stage.

Answers

These phases are the idea stage, the prototype stage, the launch stage, the traction stage, the monetization stage, and the growth stage.  Thus, option A is correct.

What is a Company?

An organization that produces goods or services and markets them to consumers in order to make money is referred to as a company.

The connection between such a company's Unit Economies as well as Net Profitability can be used as an example of the developmental process of a company looking for Product Attributes. Whenever a company finds a solution to an issue that aligns with the demands of the existing markets and for which customers are prepared to pay for a good or commodity.

Therefore, option A is the correct option.

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Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?

Answers

Answer:

Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."

P0 = dividend payout per share/ (k-g)

Where g is firms earning growth = 5% or 0.05

And k is the cost of capital = 13% or 0.13

Therefore P0 = $4 / (0.13 -0.05) = $50

But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get

$50 = $2 + X / (1.13)

Therefore x = $54.5

At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year

Therefore the growth is (54.5 -50)/50 = 9%

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