Answer:
20%
Explanation:
Return on assets is a profitability ratio that shows how much in net income a company is able to generate from its assets.
It is a financial measure that shows the net profit a company is able to generate per $1 invested in assets.
Mathematically,
Return on asset = net income/average total asset
= $800,000/$4,000,000
= 0.2
= 20%
This means that the company's management is a to generate a net income of 20 cents for every $1 invested in assets.
I believe the answer to this question is : False
Answer:
C
Explanation:
Money neutrality is a theory which submits that money supply only affect nominal variable and not real variables.
Nominal variables include price, wages and exchange rate
real variables include employment and real GDP
Money is only neutral in the long run and not in the short run because of money illusion. Money illusion causes economic agents to respond to money supply changes.
Money is neutral only in the long run
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $2,200
To Service revenue $2,200
(Being cash is received)
Since the cash is received so we debited the cash account and credited the service revenue account as the service is completed which create an income for the business organization.
We do not write unearned service revenue as the amount is actually received from the customer
Answer:
C. Organize staff
Explanation:
C. Organize staff is the answer.
