Based on the amount of revenues and expenses as well as assets, the return on assets is <u>7.1%. </u>
To find the ROA you need to find the average assets and the net income.
<h3>What was the net income ?</h3>
This was:
= Revenues - Expenses
= 80,175 - 50,000
= $30,175
<h3>What were the Average Assets?</h3>
= (Beginning assets + Ending assets) / 2
= (400,000 + 450,000) / 2
= $425,000
<h3>What was the Average Return on Assets?</h3>
= Net income / Average assets
= 30,175 / 425,000
= 7.1%
In conclusion, it was 7.1%.
Find out more on the return on assets at brainly.com/question/26415601.
To protect nationalsecurity and prohibit us reliance
Answer:
next year total cost = $41,800 is the cost to render the decision indifferent.
Explanation:
given data
cost = $38,000
interest rate = 10% per year
time period = 1 year
solution
we get here total cost of remodelling next year that is here
total cost = P + (PNR) ÷ 100 ............1
here P is present cost and N term and R interest rate.
and we take here interest for 1 year first that is
interest = PNR ÷ 100 = 38,000 x 1 x 10 ÷ 100 = $3,800
so as that next year cost will be
next year total cost = 38,000 + 3,800
next year total cost = $41,800 is the cost to render the decision indifferent.
Mack was exercising controlling management function primarily. Thus, the correct option is D.
<h3>What is management function?</h3>
At its most basic level, management consists of five general tasks: organizing, staffing, mentoring, and managing. Management has been described as the social process that entails responsibility for the economic and efficient planning and regulation of a firm's operations to achieve stated goals. Planning, organization, staffing, directing, coordinating, reporting, and budgeting are his seven functions of management, or his POSDCORB as further defined by Fayol's successor Luther Glick.
The manager's job is to provide general direction and guidance to everyone's actions in order to achieve the goals of the organization. Improving productivity through effective planning, organizing, managing, and directing Management contributes to increased efficiency in a company.
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