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user100 [1]
1 year ago
15

A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total as

set turnover were respectively?
Business
1 answer:
kvasek [131]1 year ago
4 0

A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.

There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.

Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.

Learn more about assets at

brainly.com/question/25746199

#SPJ4

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Our immediate short term memory for new material is limited to roughly ________ units of information.
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<span>Our immediate short term memory for new material is limited to about seven unites of information. Immediate short term memory is the ability we all have to remember a small bit of information for a few seconds.</span>
6 0
3 years ago
Amos, Inc. uses a standard cost system with the following labor standards for one unit of product: standard hours 0.2 and standa
andriy [413]

Answer:

$529.34 favorable and $1,111 unfavorable

Explanation:

The computation of the direct labor rate variance is shown below:  

= Actual Hours × (Actual rate - standard rate)  

= 3,781 hours × ($41,066 ÷ 3,781 hours  - $11 per hour)  

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where,

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Actual hours is 3,781 hours

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7 0
2 years ago
Realized income is also known as
sertanlavr [38]
Taxable Income.
I hope this helps! :)
4 0
3 years ago
Read 2 more answers
A pharmacy company wants to add flu shots to its list of services. It releases a code for free shots online using____ . It creat
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If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of i
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Answer:

2.43 %

Explanation :

Real Interest rate =  (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

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the approximate real rate of interest is 2.43 %

3 0
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