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lakkis [162]
1 year ago
14

Fastforward has net income of $18,955, and assets at the beginning of the year of $200,000. assets at the end of the year total

$246,000. compute its return on assets. a. 7.7%. b. 8.5%. c. 9.5%. d. 11.8%
Business
1 answer:
STALIN [3.7K]1 year ago
8 0

Its return on assets is 8.5%.

<h3>What is  return on assets?</h3>

The return on assets measures how profitable a company's assets are at generating income.

Return on assets (ROA) measures how lucrative a company is in relation to the assets or resources it owns or controls. ROA can help investors uncover potential stock opportunities because it reveals how efficient a firm is at leveraging its assets to produce profits.

Return on Equity (ROE) is commonly defined as net income divided by equity, whilst Return on Assets (ROA) is defined as net income divided by average assets.

Return on Assets (ROA) is a sort of ROI metric that assesses a company's profitability in relation to its total assets.

To know more about  return on assets follow the link:

brainly.com/question/17289987

#SPJ4

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What are some ways that technology could be used to benefit learners of a culture?
777dan777 [17]

Answer:

Removes cultural and language barriers.

For students who may struggle to fit in, technology tools provide a way to engage and equalize—web tools, cameras, word processors, software, can help create opportunities for independence and inclusion.

Explanation:

hope it will help you have a great day bye:)

8 0
2 years ago
Refer to the payoff matrix at right for the profits​ (in ​$ millions) of two firms​ (A and​ B) and two pricing strategies​ (high
Olenka [21]

Answer: B. Both firm A and firm B choose the low price.

Explanation:

Both firm A and Firm B will choose the low price and make profits of $3 if there is no cooperation.

This is because at any other price, the other firms could go with the low strategy and get more profit.

For instance, if Firm A is using a low price and Firm B is using a high price then Firm A makes profit of $10 whilst B makes $1.

Conversely, if Firm B charges a low price and A a high price, A will make paltry profits of $1 while B would make $10.

Their best option therefore is to both pick the low price and make $3.

If they were cooperating they could both charge a high price and make $5 each.

Your question was incomplete so I attached the payoff matrix.

7 0
3 years ago
2. Sally Medavoy will invest $8,000 a year for 3 years in a fund that will earn 10% annual interest. If the first payment into t
ipn [44]

Answer: $10,746

Explanation:

Using Compound interest formula

A= p(1+r/n) *nt

A= final amount =?

P= initial principal =$8, 000

r = interest rate = 0.1

n= nob of times interest applied(3)

t=nob of times period elapsed (3)

A = 8,000 (1+0.1/3) *9

A = 8000 (3+0.1/3) *9

A= 8000 (3.1/3) *9

A = 8000 (1.0333) *9

A = 8000 × 1.34327

A= $10,746

5 0
3 years ago
Which one of the following types of losses is excluded from the determination of net income in income statements? Material losse
alexgriva [62]

Answer: The correct answer is "Material losses resulting from correction of errors related to prior periods.".

Explanation: It is generally established that the type of loss that is excluded from the determination of net income in the income statement are the material losses resulting from transactions in the company's investments account.

7 0
3 years ago
If a bank experiences a deposit outflow of​ $50 million with a required reserve ratio on deposits of​ 10%, which balance sheetLO
lilavasa [31]

Answer:

Balance Sheet B because the excess reserves are adequate to cover the deposit outflow without the bank needing to alter its balance sheet.

Explanation:

Balance Sheet B because the excess reserves are adequate to cover the deposit outflow without the bank needing to alter its balance sheet and $50 million deposit outflow means that reserves reduced by $50 million to $25 million. Since required reserves are $45 million (10% of the $450 million of deposits), which means the bank needs to acquire $20 million of reserves and the reserve can be obtain by either calling in or selling off $20 million of loans, borrowing $20 million in discount loans from the Fed, borrowing $20 million from other banks or corporations, selling $20 million of securities, or the combination of all.

5 0
4 years ago
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