Answer:
36%
Explanation:
For the computation of the company's return on equity first we need to follow some steps which is shown below:-
Step 1
Earnings before tax = EBIT - Interest
= $452,000 - $152,000
= $300,000
Step 2
Earnings after interest and taxes = Earnings before tax - Tax
= $300,000 - ($300,000 × 40%)
= $300,000 - $120,000
= $180,000
Step 3
Asset turnover ratio = Total revenue ÷ Total assets
3.6 = $4,000,000 ÷ Total assets
Total assets = $1,111,111.11
Step 4
Equity ratio = 1 - Debt ratio
= 1 - 0.55
= 0.45
Step 5
Total Equity = Equity ratio × Total assets
= 0.45 × $1,111,111.11
= $500,000
and finally
Return on Equity = Net income ÷ Equity
= $180,000 ÷ $500,000
= 0.36
or
= 36%
In Florida, the broker must keep records of all funds deposited into the custodial or trust account that indicates the date and from whom the broker received the funds, the date deposited, the date any withdrawals are made, and other necessary information.
The broker could be a firm or any individual between investors and the security exchange. An individual or investors require the broker because the security exchange accepts orders from the members of those exchanges.
The service provided by brokers is compensated as fees, commissions, or any other exchange. Discount brokers usually work for their clients but do not suggest any advice related to their funds investment. Full-service brokers work for the client and provided investment advice as well.
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Answer:
$795.5
Explanation:
To calculate how much 0.9% income they have to pay, the law says anybody that earns above 250000 as married couple is entitled to pay above 0.9%, so for them we will subtract the 250000 from it and also Ruth loss of 13,500
So we have;
(3520000-13500-250000)*0.9%=
$796.5
To find your net sales you will follow the equation:
Net sales = Gross sales - returns, allowances and discounts
Gross sales = $19,000
Returns = $1,750
Discounts = $3,000
Net sales = $19,000 - $1,750 - $3,000
Net sales = $14,250
Answer:
The four main environmental issues that are most likely to influence the activities of a business are climate change, pollution, sustainability and waste reduction.
Explanation:
