ABC Corp. manufactures a product that yields the by-product, “Y”. The only cost associated with Y are selling costs of P.10 for each unit sold. ABC accounts for sales of Y by deducting Y’s separable costs from Y’s sales, and then deducting this net amount from the major product’s cost of goods sold. Y’s sales were 100,000 units at P1 each. If ABC changes its method of accounting for Y’s sales by showing the net amount as additional sales revenue, then ABC’s gross margin would: Increase by P90,000 Increase by 100,000 Increase by 110,000 Be unaffected

Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 900,000 shares of common stock were outstanding. The interest rate on the bond payable was 12%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the company’s common stock at the end of this year was $23. All of the company’s sales are on account. Required: Compute the following financial data for this year: 1. Gross margin percentage. (Round your percentage answer to 1 decimal place.) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place.) 3. Return on total assets. (Round your percentage answer to 1 decimal place.) 4. Return on equity. (Round your percentage answer to 2 decimal places.) Transcribed Image Text: Weller Corporation
Comparative Balance Sheet
(dollars in thousands)
This Year Last Year
Assets
Current assets:
Cash
240
510
15,400
10,200
1,900
27,740
Accounts receivable, net
10,250
8,600
2,300
Inventory
Prepaid expenses
Total current assets
21,660
Property and equipment:
Land
7,000
7,000
20,000
Buildings and equipment, net
20,200
Total property and equipment
27,200
27,000
Total assets
$54,940
$48,660
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
$10,500
$ 8,800
Accrued liabilities
800
1,200
Notes payable, short term
400
400
Total current liabilities
11,700
10,400
Long-term liabilities:
Bonds payable
5,000
5,000
Total liabilities
16,700
15,400
Stockholders’ equity:
Common stock
900
900
Additionall paid-in capital
Total paid-in capital
4,700
5,600
4,700
5,600
Retained earnings
32,640
27,660
Total stockholders’ equity
38,240
33,260
Total liabilities and stockholders’ equity
$54,940
$48,660 Transcribed Image Text: Weller Corporation
Comparative Income Statement and Reconciliation
(dollars in thousands)
This Year Last Year
$89,000
Sales
$84,000
Cost of goods sold
57,000
53,000
Gross margin
32,000
31,000
Selling and administrative expenses:
Selling expenses
Administrative expenses
9,500
13,000
9,000
12,000
21,000
10,000
22,500
Total selling and administrative expenses
Net operating income
9,500
Interest expense
600
600
Net income before taxes
8,900
3,560
9,400
3,760
5,640
Income taxes
5,340
360
Net income
Dividends to common stockholders
Net income added to retained earnings
720
4,920
4,980
27,660
Beginning retained earnings
22,740
Ending retained earnings
$32,640
$27,660

Prior to beginning work on this discussion, read and in the textbook as well as the . Additionally, read the following resources: Health care results cannot be guaranteed, as other products or services can, because the results depend on various factors which are often beyond the control of the health care provider. Stobierski (2021) indicates there are multiple aspects that contribute to health care economics. Below is the key area you are assigned to complete in your initial post: : budgeting to address rising operational costs, administrative costs, per-person cost for care, new initiatives, and maintaining or improving the financial condition of the organization First letter of last name: A, E, K, P, U, Y : quality of care (e.g., procedures provided, tests ordered, biases that create barriers in patient care and the impact biases have on people who have historically been marginalized), bureaucratic tasks that often lead to burnout First letter of last name: B, G, L, R, V (e.g., data breaches, medical errors, regulatory noncompliance, etc.) First letter of last name: C, H, M, W, Z : covered services, prohibited services, cost shifting from insurer to patient First letter of last name: D, I, N, S, Q : new payment models, value-based care, readmission penalties, HMOs, PPOs First letter of last name: F, J, O, T, X In your initial post, address the following: Your initial post must be at least 250 words and use a minimum of two credible sources to support your discussion content. The supporting resources can be your textbook as well as the required or recommended resources provided in this course, the University of Arizona Global Campus Library, or credible websites. The table offers additional guidance on appropriate source types. All referenced materials must include citations and references in APA format. see directions for including APA Style elements on these Writing Center pages: and . . Respond to two peers assigned different topics than you by the end of Day 7. In your response, compare your assigned key area to the topic covered by a peer who analyzed a different key area from you. Determine where the two key areas intersect from the perspective of health care economics. Each response must be at least 100 words and substantively contribute to the discussion.

Society’s response to crime has changed over the past century. The approach of rehabilitation in the 1960s has gradually been replaced with a “get tough on crime” approach, bringing in mandatory sentencing laws and long prison sentences. Regardless of the approach, crime continues to be a problem, and recidivism for some crimes and some offenders remains high. In this assignment, you will explore society’s response to crime and different concepts of justice. Read the following article from the Argosy University online library: Research the ideas of justice using the textbook, the Argosy University online library resources, and the Internet. Based on your research and the discussions so far, analyze the usefulness of the ideas of justice in lowering recidivism. Address the following: Make sure your essay includes the following: Write a 5–7-page essay in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M5_A1.doc. Purchase the answer to view it