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raketka [301]
3 years ago
11

Cruz company had revenues of 80175 and expenses of 50000 for the year its assets at the beginning of the year were 400000 at the

end of the year assets were worth 450000
Business
1 answer:
kirza4 [7]3 years ago
8 0

The return on assets for Cruz Company with a total revenue of $80,175 and total expenses of $50,000, given average assets of $425,000 is 7.1%.

Return on Assets = Net Income/Average Assets x 100

= $30,175/$425,000 x 100

= 7.1%

  • The return on assets indicates the profitability of Cruz Company relative to its assets.  It is expressed as a percentage by dividing the Net Income with the Average Assets, then multiplied by 100.

Data and Calculations:

Revenue =       $80,175

Expenses =    $50,000

Net income = $30,175

Assets:

Beginning balance = $400,000

Ending balance = $450,000

Average assets = $425,000 ($400,000 + $450,000)/2

Thus, the return on assets equals 7.1% for the year.

Learn more about the return on assets at brainly.com/question/20114227

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Review the five functional areas within the HR department and explain which one you think is most important and why. Which of th
AlladinOne [14]

Answer:

Five useful zones with in the HR division are as following:  

* Workforce arranging and business: Work power arranging and the board are the fundamental capacity of human asset the executives. It comprise of arranging, execution and assessment for enrolment, preparing, enlisting, maintenance and leaves all in accordance with organization objectives and goals.  

* Human asset the board: Training, vocation improvement and execution the board parts of human asset gives primary concern results to HR.  

* Compensation and advantages: Compensation and advantages programs must help the business methodology to spur, enlist and keep representatives while holding fast to cost and law for work.  

* Employee and work relations: Employee and work connection are should be in balance as goal and objectives of boss must satisfy as per work rights and desires.  

* Risk the executives: HR division utilizes catastrophe the board plans, security techniques to advance worker prosperity. It advance polices and method mindfulness, sets of accepted rules and training and correspondence.  

To be fruitful a business, must enlist right ability to guarantee they accomplish their objectives. The HR work is to pull in right people groups to progress in the direction of organization objectives and destinations.

8 0
3 years ago
A CARTEL IS DEFINED AS A FORMAL ORGANIZATION OF PRODUCERS THAT AGREE TO COORDINATE PRICES & PRODUCTION.
Elden [556K]

Answer:

cartel - an agreement by a formal organization of producers to coordinate prices and production

Explanation:

Who are the OPEC plus countries?

Currently, the Organization comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.

Member: Iran, Iraq, Ecuador

Place founded: Baghdad

3 0
3 years ago
Galan Associates prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,23
const2013 [10]

Answer:

D) $18,334

Explanation:

The computation of the long term debt is shown below:

Long term debt = Total assets - current liabilities - stockholder equity

where,

Total assets = Cash + inventory + account receivable + net fixed assets + other assets

= $1,234 + $13,480+ $7,789 + $42,331 + $1,822

= $66,656

Current liabilities = Account payable + notes payable

= $9,558 + $2,756

= $12,314

The stockholder equity is

= Common stock + retained earnings

= $22,000 + $14,008

= $36,008

So, the long term debt is

=  $66,656 - $12,314 - $36,008

= $18,334

6 0
4 years ago
During the course of one week, the local burger joint has enough time to hire or layoff workers, but it does not have enough tim
Irina-Kira [14]

Answer:

d. is in the short run

Explanation:

In the short run, at least one factor of production is fixed. In this question, the kitchen area and sitting space are fixed. These represents the fixed costs.

In the long run, all factors of production are variable.

The variable cost in this question , is the cost of Labour.

I hope my answer helps you

3 0
4 years ago
Presented below are two independent situations. a. George Gershwin Co. sold $2,000,000 of 10%, 10-year bonds at 104 on January 1
andreev551 [17]

Answer:

(a) Bond cost 2000000

Bond discount 10%

Bond years 10

Bond yield 4%

Interest (Jan-June) 100000

Less: Premium Amortisation (4000) (2000000*0.04)/10 *6/12

Interest expense 96000

(b) Bond cost 562500

Bond discount 9%

Bond years 10

Bond yield 10%

Interest (June 30-Oct 30) - ((1.10)^4/12) - 1=3.228%

Interest expense= 562500*3.228% =18157.5

6 0
4 years ago
Read 2 more answers
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