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aalyn [17]
3 years ago
15

A company reports the following income statement and balance sheet information for the current year: Net income $250,000 Interes

t expense 100,000 Average total assets 2,500,000 Determine the return on total assets. Round percentage to one decimal place.
Business
1 answer:
IrinaVladis [17]3 years ago
6 0

Answer:

The return on total assets or ROA is 0.1

Explanation:

The return on total assets or ROA is calculated this way:

Net income / Average total assets

In this case:

Net income =$250,000 and  Average total assets =  $2,500,000

$250,000 / $2,500,000 = 0.1

The ROA is a ratio to calculate if the investment in assets made by the company is generating enough income.

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Answer:

Unfair Claims Settlement Practices Act

Explanation:

Here fundamentally, the act which will be acted on the given sentence is generally known as Unfair Claims Settlement Practices Act. Unfair claims practice is the inappropriate restraint of a request by an insurer or an endeavor to diminish the intensity of the claim. By interlacing in unfair claims practices, an insurer strives to diminish its values. Nevertheless, this is unlawful in various jurisdictions. Additionally, most maximum states possess formulated a version of this type of rule. Denominated essentially the Unfair Claims Settlement Practices Act, it defends safeguard consumers from the unfair manner by insurers in the appeals settlement method.

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Smaller companies are moreLikely than larger companies to divide up tasks using a strategy
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Bigger companies are more known and have less space to mess up, as a smaller company not as known, are more likely to give up part of the company to other sharrers and i not played smart, could lose the company altogether.

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3 years ago
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All of the following distributions of stock dividends are taxable except: a. The shareholders have the choice to receive cash or
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Answer:

d. The distribution gives preferred stock to some common stock shareholders and common stock to other common stock shareholders.

Explanation:

This is likely the answer to the question. There is no way preferred stock would be given to some common stock shareholders while common stock to other stock to others.

4 0
3 years ago
Explain what the implications are to the Canadian economy if the brain drain is not stopped? Within the implications, consider t
Alinara [238K]

Answer:

Low tax collection, low working population

Explanation:

Brain drain is a condition where a country loses its population through migration. Generally, this happens with the low developing countries, because people try to search for jobs in developed countries. Canada will lose tax revenue collection and low working population as a result of the brain drain. Government is the most important stakeholder which will be affected by brain drain apart from that; hospitals and industrial units will be affected by the brain drain.

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2 years ago
Industries sales budget shows quarterly sales for the next year as​ follows: Quarter 1dash17 comma 000​; Quarter 2dash15 comma 0
Angelina_Jolie [31]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Quarter 1: 17,000​;

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Quarter 4: 21,000.

Company policy is to have a target​ finished-goods inventory at the end of each quarter equal to 25 % of the next​ quarter's sales.

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8 0
3 years ago
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