Answer:
B, 24 (second answer choice)
Step-by-step explanation:
4r+7s=23
r-2s=17
8r+14s=46
7r-14s=119
15r=165
r=11
11-2s=17..........by putting value of r in ii
-2s=17-11
2s= -6
s= -3
3r+3s=3*11+3(-3) you get this by putting values of r and s
=33-9
=24 (B)
The answer would be A 4.2x3.7
This is a positive statement
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 %.
Answer:
0.234
Step-by-step explanation:
