Answer:
False. 2/3 is positive so therefore, it would be increasing, not decreasing.
Step-by-step explanation:
Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
I prefer to use fractions for some irrational numbers.
For example, 1/3 is equal to an infinite 0.3333333333333333...
118%
It is 118% increase from 550 to 1200 grams.
IF you divide 650 by 550 (650 is how much weight the cat gained) you can find out the percent.
650/550= 1.18181818...
Multiply by 100
1.181818181818....*100=
118.18181818
Rounded, 118%
