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posledela
2 years ago
7

Return on assets is equal to:________

Business
1 answer:
Sunny_sXe [5.5K]2 years ago
6 0

Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>

An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.

Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.

Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.

Learn  more about assets here brainly.com/question/25746199

#SPJ4

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Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t
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Answer:

5%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 =  $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

5 0
3 years ago
When organizing your report, what should you remember? check all that apply. identify the topic of the report in the closing. fo
navik [9.2K]
I would check all of those because they are all important. You need to stay clear by identifying the topic, to keep readers interested by finding things they enjoy, summarizing always leaves a clear thought in their heads, organizing and sequencing is important so that it’s easy to follow.
5 0
3 years ago
Whitmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.07 direct labo
professor190 [17]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.

We need to determine the total direct labor hours needed for each month.

February:

Total direct labor hours= 6,000*0.07= 420 hours

Total direct labor costs= 420*8.7= $3,654

March:

Total direct labor hours= 6,500*0.07= 455 hours

Total direct labor costs= 455*8.7= $3,958.5

7 0
3 years ago
The company produced 4,000 units of P59G. Direct materials cost $7.30 per unit and direct labor costs $5.45 per unit. How much o
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Explanation:

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2 years ago
Jeters Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5
HACTEHA [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

June 1:

Inventory: 120 units for $5= $600

June 12:

Purchase: 370units for $6= $2,220

June 23:

Purchase: 200 units for $7= $1,400

June 30:

Ending Inventory 230 units

Units sold= 460

<u>Under FIFO method, the first units-in are the first to go out. Therefore, the ending inventory has the value of the last units purchased.</u>

<u />

Inventory= 200*7 + 30*6= $1,580

COGS= 120*5 + 340*6= $2,640

<u>Under LIFO method, the lasts units-in are the first out. </u>

Inventory= 120*5 + 110*6= $1,260

COGS= 260*6 + 200*7= $2,960

<u>Under the average cost method, we calculate an average buying price and then calculate the ending inventory and cost of goods sold:</u>

<u />

Average price= (5 +6 +7)/3= 6

Inventory= 230*6= $1,380

COGS= 460*6= $2,760

The highest ending inventory is from FIFO method.

8 0
3 years ago
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