Can someone help me with this question

Prime Electronic Sales has sales of $723,450, total equity of $490,000, a profit margin of 9.3 percent, and a debt-equity ratio

aliina [53]

Answer:

96.7%

Explanation:

Return on assets

= (Profit margin × sales)/[1 + debt equity ratio) × ( Total equity)]

Given that:

Profit margin = 93%

Sales = $723,450

Debt equity ratio = 42%

Total equity = $490,000

Then, Return on assets

= (0.93 × 723,450)/[(1 + 0.42) × $490,000]

= (672,809)/(1.42) × $490,000

= 672,809/695,800

= 0.9669

= 96.7%

7 0

3 years ago

Not all doctors are rolling in money. By the time they finished their education, most would- be doctors are buried under a mount

natta225 [31]

Answer/Explanation:

In the statement given the problem is specified as the discouragement for med students to take lower paying but needed jobs because of the high student debt. This issue has been analyzed from several sectors of society and even by professionals in other areas that experience similar situations.

Some of the solutions proposed for this problem are to make higher education free of cost or partially subsided by the government (like it is in other countries).

Other Sources mention collages should have lower fees. However, there are further implications in this subject that need to be considered.

8 0

4 years ago

Figures Incorporated makes a single product—an electrical motor used in many long-haul trucks. The company has a standard cost s

galben [10]

Answer:

variable overhead efficiency variance= $5,389 unfavorable

Explanation:

Giving the following information:

Budgeted variable manufacturing overhead $ 66,570

Budgeted hours 21,000 labor-hours

Standard hours allowed for the actual production 18,000 labor-hours

Actual hours 19,700 labor-hours

To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard rate= 66,570/21,000= $3.17 per hour

variable overhead efficiency variance= (18,000 - 19,700)*3.17

variable overhead efficiency variance= $5,389 unfavorable

3 0

3 years ago

True or false if something is legal, it is also ethical

Paha777 [63]

false, every person has a different definition of what is ethical ex. abortions, immigration (issues of separating families) take literally political issue today and the ethicality of it can be argued

4 0

3 years ago

_________ is formed when a firm entering a market pools its resources with those of a local firm. (more control, more risk relat

telo118 [61]

Answer:

Joint venture

Explanation:

Typically , joint venture is formed in order to:

- Pursue a new emerging market

To pursue an emergency market, two companies who operate in a similar industry can join their resources to face off larger competitors. Even though they might lose a little bit of control over the business, the profit that obtained from beating their competitors might be enough to cover the inconvenience

- increase the efficiency of their operation

Sometimes, companies also create a join venture because both parties involved have infrastructure that complement each others. Rather than purchasing new assets, creating a joint venture might be a cheaper option.

- Reduce the Risk of the operation

Creating a joint venture will also cut of the percentage of the profit that each parties initially obtain. But, the risk from potential loss will also be divided between each parties involved in the joint venture.

5 0

3 years ago