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:
Step-by-step explanation:
Tito wants to buy some peanut butter to donate as much as possible.
There some brands are given with their price.
we will calculate the price of per ounce peanut butter of each brand.
A. Nutty : 12 ounces for $2.19
cost per ounce =
= $0.1825 ≈ $0.18 per ounce
B. Grandma's : 18 ounces for $2.79
cost per ounce =
= $0.155 ≈ $0.16 per ounce
C. Bee's : 0.28 ounces for $4.69
cost per ounce =
= $16.75 per ounce
D. Save-A-Lot : 40 ounces for $6.60
cost per ounce =
= $0.165 ≈ $0.17 per ounce
The lowest price is $0.16 per ounce. So he should buy Grandma's peanut butter.
Answer:
there are 36 girls
Step-by-step explanation:
ratio is 3 to 4
Answer:
21
Step-by-step explanation:
Idk
125 miles per hour is equal to 201.168 kilometers per hour.
