The return on total assets of River Corps is 0.0789.
<h3>What was its return on total assets?</h3>
The return on total assets is an example of financial ratio. It is the net income divided by total assets. It is an example of a profitability ratio. Profitability ratios measure the efficiency with which a company generates profit from its asset.
Return on total assets = Net income / average total assets
$32,750 / $415,000 = 0.0789
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Answer:
5
Explanation:
A reporting entity is any entity in men or organizations that depends on the financial report produced by an organization for an understanding of the financial performances and position for the purpose of decision making. This can be investors and other stakeholders in the business.
In the scenario given , the relative parties that will rely of the financial report are
David Herbert as the Entrepreneur , Herbert Enterprises which prepare the report ,George , Herbert's brother an investor , First federal bank , a loan provider and City properties.
To get the total insurance premium, just add the three premiums:
Total premium = liability + collision + comprehensive
where:
liability = $510
collision = $220
comprehensive = $ 130
Total premium = $510+$220+$130
=$860
The total premium for the car insurance is $830 which covers the liability, collision and comprehensive (natural disasters, fire, theft, falling objects, vandalism)
When an exception is thrown in a function, the function-call stack is unwound so that the exception can be caught in the next try/catch block.
Answer:
Explanation:
The timeline would be as follows:
During the first 10 years, we deposit 5,000 at 7% market rate.
Then we withdraw at the beginning of Year eleven during 17 year. The market price for this period is 6%
First Step amount at end of year 10
FV = $69,082.24
Then, we are going to calculate how much can be withdraw during 17 years
At the beginning of the period at 6% rate
From the PV formula, we clear the Cuota and then we divide by 1.06 because we are doing an<em> annuity-due. </em><em>The amount is withdraw at the beginning of the period. </em>That's why we add a new element.
C = 6220.32
