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2 years ago

Rush company had net income of $192 million and average total assets of $1,950 million. its return on assets (roa) is?

Business

1 answer:

natima [27]2 years ago

6 0

The return on assets is 0.098.

<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 assets = Net income / average total assets

$192 million / $1,950 million = 0.098

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densk [106]

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1 year ago

What is the maximum amount a firm should pay for a project that will return $15,000 annually for 5 years if the opportunity cost

vampirchik [111]

Answer:

The firm should pay $46907.57 for the given project.

Explanation:

Given information:

Return = $15000 annually

Time = 5 years

Opportunity cost = 18%

The formula for payment is

$PV=R(\frac{1}{OC}-\frac{1}{OC(1+OC)^t})$

where, R is return, OC is opportunity cost, t is time in years.

Substitute R=15000, t=5 and OC=0.18 in the above formula.

$PV=15000(\frac{1}{0.18}-\frac{1}{0.18(1+0.18)^5})$

$PV=46907.5653141$

$PV\approx 46907.57$

Therefore the firm should pay $46907.57 for the given project.

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3 years ago

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Vadim26 [7]

Answer:

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2 years ago

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