1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pachacha [2.7K]
2 years ago
7

Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning operating asse

ts 410,000 Ending operating assets 440,000 Which of the following is Atlas's return on investment (ROI) for last year? (Note: Round answer to two decimal places.) a. 0.41 b. 0.50 c. 0.32 d. 0.22 e. 0.15
Business
1 answer:
STALIN [3.7K]2 years ago
8 0

Answer: 0.22

Explanation: Return on total assets is calculated by dividing net income or operating income from average total assets. It is a profitability ratio which is used by analysts to evaluate the ability of the firm to generate revenue from the given level of assets it have.

=\:\frac{operating\:income}{Average\:total\:assets}

where,

Average\:total\:assets=\frac{410,000+\:440,000}{2}

= $425,000

Now,putting the values into equation :-

=\:\frac{92,000}{425,000}

= 0.22

You might be interested in
What is the effect on the labor market of counting marginally attached workers as​ unemployed? If we count marginally attached w
Setler79 [48]

Answer:

C. the labor force participation rate falls

Explanation:

Marginally attached workers are not part of labor force, but if they are included and are unemployed then the labor which is actually participating will fall.

As in the labor participation rate = Working labor or simply employed labor divided by total labor force.

Thus, in this case with marginally attached labor, only denominator will increase in the equation.

Therefore, this will state that the labor force participation will fall as marginally attached is considered as unemployed.

8 0
3 years ago
Melrose Company has an investment in bonds issued by Roscoe Industries that are classified as available-for-sale securities. The
Andrews [41]

Answer:

c. Debit to Fair value adjustment for $30,000

Explanation:

The first step of accounting process is Journal entry and it is made to record the transactions for process of book keeping, it defines the accounts involved and effects of  transactions on the account by debit or credit.

As the bond price is amortized earlier by 5,000 then its net realizable value was $195,000 ( $200,000 - $5,000 ). on December 31, year 3 the fair value adjusted to $225,000. so the adjusted value will be $30,000 ( $225,000 - $195,000 ). The journal entry is as follow  

                                                                    Dr.               Cr.

Dec 31, year 3

Fair value adjustment account              30000

Unrealized gain on available for sale securities        30000

4 0
2 years ago
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy
zloy xaker [14]

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

4 0
2 years ago
The Jay Group hires better employees than its competition by conducting effective searches and multi-tiered interviews. The comp
GalinKa [24]

Answer:

The answer is: People differentiation

Explanation:

Jay Group can gain a competitive advantage by hiring and training better and more efficient employees than their competition. The more efficient an employee is, the more productive the company will be.

The best examples are sports teams, titles are won by a great quarterback and a rock solid defense.

5 0
3 years ago
Market failure occurs when a free market is unable to
Leokris [45]
Market failure occurs when a free market is unable to A) distribute resources efficiently.
6 0
3 years ago
Read 2 more answers
Other questions:
  • The federal speedy trial act allows for the dismissal of charges when the prosecution does not seek indictment within ________ d
    12·1 answer
  • Yvette Bradbury is an account representative at Commerce Savings Bank, earning $45,600 annually, paid semimonthly. She contribut
    10·1 answer
  • A way of buying, in which you can purchase goods or services and pay later, is called:
    10·1 answer
  • When was the Fair Labor Standards Act (FLSA) established?​
    8·1 answer
  • Mortgage preapproval means a lender has agreed to loan you a set amount of money as long as you meet certain conditions.
    8·1 answer
  • The lower the user's switching costs:
    14·2 answers
  • The purpose of a production possibilities curve is to show the __________ between the production of two things.
    11·2 answers
  • 1. Explain the link between scarcity and each of the following.<br>i. Choice, (2 marks)​
    12·1 answer
  • Select all that apply On December 1, Christy Co. accepted a 60-day, 6%, $1,000 note due January 30. On December 31, the appropri
    14·1 answer
  • Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 130 shares of its common st
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!