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vivado [14]
2 years ago
6

Return on assets is computed as net income divided by total assets. true false question. true false

Business
1 answer:
zvonat [6]2 years ago
5 0

The statement, return on assets is computed as net income divided by total assets, is true.

Return on assets (ROA) is a profitability ratio, which measures that how efficiently a company uses the assets it owns to generate profits. If a company wants increase the return on assets then the company tries to increase the profit margin.

So the return on asset of a company is computed by dividing the net income earned by the company by average total assets employed by the company. Thus, it measures how much percentage of profit the company is generating in respect to its assets.

Hence, the higher the percentage of return on assets, the better it is.

To learn more about return on assets here:

brainly.com/question/14969411

#SPJ4

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When room temperature is kept at 66°F, a 3000 ft2 House without insulation in Morgantown loses in average 4000 BTU/min thermal e
avanturin [10]

Answer:

1) Best design is the use of thermal insulation and high efficiency furnace

2) The application of heat transfer knowledge is expressed in the reduction of fuel from  year to year. and these decreases in fuel, leads to a decrease in the emissions of greenhouse gases

3) Methane should be considered a greenhouse gas, methane is part of the gases emitted when fuel is burnt hence using a thermally insulated house with a high efficient furnace to reduce the amount of fuel burnt is beneficial in the reduction of the emission of greenhouse gases like methane

Explanation:

Given Data :

Number of days = 150 days ( 1st Nov to 31st March )

Total working time = 150 * 60 *24 =  216000 mins

Heat loss without insulation = 864 Btu/min ( 4000 * 216000 )

heat loss with insulation = ( 1- 0.8 ) * 864 = 172.8 MBTU

1) Best design  to use

i) Without insulation, Low efficiency furnace

fuel required = 864 / 0.9  = 960 MBTU

cost of fuel at current price = 3 * 960 = $2880

cost of fuel at old price = $11520

ii) with insulation, low efficiency furnace

fuel required = 172.8 / 0.9 = 192 MBTU,

cost of fuel at current price = $576

cost of fuel at old price = $ 2304

After repeating the same process for every combination it is discovered that the design with the least cost is the use of thermal insulation with a high efficiency furnace  Hence it is the best design to implement

2) The application of heat transfer knowledge is expressed in the reduction of fuel from 960MBTU per year to 173.67 MBTU per year. and the decrease in fuel leads to a decrease in the emissions of greenhouse gases

3) Methane should be considered a greenhouse gas, methane is part of the gases emitted when fuel is burnt hence using a thermally insulated house with a high efficient furnace to reduce the amount of fuel burnt is beneficial in the reduction of the emission of greenhouse gases like methane

4 0
4 years ago
Question: 1 of 37: Alice earned $622.50 in interest on her savings in the bank. Before interest, the account had $12,450. What i
SpyIntel [72]
<span>Alice had original amount = $12,450. She earned an interest of $622.50 on the original amount. To find the percent, say, $622.50 = x% of $12,450, we get x% = 0.05 or x = 5%. Thus, Alice earned approximately 5% of the interest.</span>
8 0
3 years ago
the fair value of Carley is estimated to be $720,000. The carrying value of Carley’s net identifiable assets, including the good
zhannawk [14.2K]

Answer:

A.$200,000

B.Dr Loss on impairment $30,000

Cr Goodwill $30,000

Explanation:

(a) Computation of the amount of goodwill acquired by Vinson

Purchase price$900,000

Fair value of net assets $700,000

(Fair value of assets $950,000-

Fair value of liabilities $250,000)

Value assigned to goodwill $200,000

($900,000-$700,000)

(b) Preparation of Vinson’s journal entry to record impairment of goodwill.

Based on the information given we were told

the fair value of Carley is the amount of $720,000 while the implied fair value of goodwill is the amount of $170,000 and we were also told that carrying value of Carley’s net assets as well include the goodwill which is the amount of $750,000 which means that their is loss on impairment because the fair value amount is lower than carrying value which means that the journal entry to record impairment of goodwil will be ;

Dr Loss on impairment $30,000

($200,000 − $170,000)

Cr Goodwill $30,000

7 0
3 years ago
Cost of Goods Sold account is debited and Finished Goods Inventory is credited for A) purchase of goods on account. B) the sale
Firlakuza [10]

Answer:

B) the sale of goods to a customer.

Explanation:

When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.

For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account                                    Debit           Credit

Cash                                         $1,200

Sales Revenue                                             $1,200

Cost of Goods Sold                $1,000

Finished Goods Inventory                           $1,000

7 0
3 years ago
​When Mia and Shane are planning their honeymoon, their travel agent tells them that if they buy a special package, their trip t
nignag [31]

Answer:

bundle pricing

Explanation:

Bundle pricing

Bundle pricing is a marketing strategy in which company want to sell their products and services in  price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer  to have more services and products by giving them discount.

In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.

8 0
3 years ago
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