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PolarNik [594]
2 years ago
10

Cage company had net income of $365 million and average total assets of $2,040 million. its return on assets (roa) is?

Business
1 answer:
elixir [45]2 years ago
3 0

Cage company had a net income of $365 million and average total assets of $2,040 million. its return on assets (ROA) is 17.6%.

Net salary is the total net salary after deducting all taxes and other employee benefits. This is the amount deposited in your bank account that you can use for your budget and living expenses. Simply put, Gross Salary - Deductions = Net Salary.

Net income is the income of an individual or business after deducting expenses, allowances, and taxes. In commerce, net profit is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.

Learn more about net income at

brainly.com/question/15530787

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You might be interested in
When a seller makes a counter-offer what is the essence of such an action?
GrogVix [38]

Answer:

The correct answer is The seller rejects the buyer's offer.

Explanation:

A counter offer more often than not expresses that the seller will acknowledge the buyer's offer. Generally, the seller is dismissing the buyer's unique offer by making a counter offer.

One thought on the issue of offer and acknowledgment is whether the offer or counteroffer was in truth acknowledged before its expiration. A counteroffer is a dismissal and another offer.  

A seller who is in receipt of an offer from a buyer can't at first counteroffer, and if that fails to work, then accept the original offer. This is so in light of the fact that, by law, a counteroffer is a dismissal of the main offer and the creation of another offer. The old offer from the buyer is dismissed and "gone" as of the creation of a counteroffer by the seller.

8 0
4 years ago
Susie is thinking about changing her auto insurance policy at Fret-No-More Auto Insurance. Her current policy includes the follo
k0ka [10]

Answer:

Changes that would increase Susie’s limits the most without increasing her monthly premium by more than $5.00 is Option C: Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.

Explanation:

Lower coverage does not necessarily means lower premiums.

Premium is the amount of one makes to keep his insurance policy active. Lower coverage would mean lower premium but that means there would be a few restrictions on the insurance policy while covering that policy.

Full coverage policies of the vehicle not only covers the liabilities but also the damage that occurs to the car.

If Susie increases the 'coverage' on the injury of the body to '$100/300,000' and on property damage to '$50,000', then her monthly premium would not increase from more than $5.00.

7 0
4 years ago
This year, State A raised revenues by increasing its general sales tax rate from 5 percent to 6 percent. Because of the increase
Zielflug [23.3K]

Answer:

a. $2,600,000

b. $2,500,000

Explanation:

The computation is shown below:

a. The additional revenue raised by State A is

= Revenue after applying the tax rate - initial revenue after applying the tax rate

where,

Initial revenue after applying the tax rate = $800 million × 5% = $40 million

And, the Revenue increased after applying the tax rate is

=  $710 million × 6%

= $42.6 million

So, the additional revenue is

= $42.6 million - $40 million

= $2,600,000

b. The additional revenue raised by State Z is

= Sales tax rate × service volume

= 5% × $50 million

= $2,500,000

7 0
3 years ago
efer to HR Solutions, Inc. HRSI hopes that all companies can downsize simply by attrition, a word that, in this context, refers
bazaltina [42]

A correct option is option (d) i.e., people leaving the company.

What does downsize mean in business?

By eliminating underperforming employees or departments, a firm can permanently reduce its workforce. Downsizing can be utilized to develop leaner and more efficient organizations, albeit it is typically carried out when there is stress or a reduction in revenue.

Why does a company downsize?

By letting go of workers who are either no longer required by the company or have not been productive, downsizing enables businesses to cut costs. The business is spared from paying workers who have been causing unnecessary expenses and haven't made a beneficial contribution.

What is HR's role in downsizing?

HR must determine the issues that staff reductions are intended to address, create solid selection criteria, and take into account the long-term effects of the layoffs on the business as a whole.

Learn more about downsizing in company: brainly.com/question/1061478

#SPJ4

8 0
2 years ago
A management system that coordinates and integrates all of the activities performed by member companies into a seamless process,
ella [17]

Answer:

Supply Chain Management

4 0
4 years ago
Read 2 more answers
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