ROE = 15.40 is the right answer.
ROE = (profit margin x asset turnover x equity multiplier)
ROE = (7 x 1.63 x 1.35)
ROE = 15.40
<h3>What is Return on Equity?</h3>
The efficiency of a company's management team in managing the capital that shareholders have invested in it can be gauged by investors using the ratio known as return on equity (ROE). In other words, return on equity evaluates how profitable a company is in comparison to the equity held by stockholders. A company's management is more effective at generating revenue and growth from its equity financing the higher the ROE.
Using ROE, one may assess a business's position in relation to the market and its rivals.
The method is especially useful when comparing businesses in the same industry since it can be used to evaluate almost any company with a focus more on tangible than intangible assets and to identify which businesses are more financially efficient.
Shareholder equity divided by net income is referred to as the return on equity (ROE).
Before common-stock dividends are paid, the bottom line profit shown on an organization's income statement is known as net income. An alternative to net income is free cash flow (FCF), which is another measure of profitability.
Thus, ROE is a financial measuring tool for any business.
For more information on ROE, refer to the given link:
brainly.com/question/27821130
#SPJ4
Answer:
$4080
Explanation:
Straight line method of depreciation is a method of calculating depreciation expense of an asset after years of usage.
Given;
Initial cost of asset = $44,000
Salvage value = $3,200
After five years the asset has depreciated by ($44000-$3200) i.e
$40800
Depreciable asset cost = $40,800 (after 5years)
To determine the depreciation amount recorded during the first year ending 31st December;
Since the van was purchased July 1 of that year, by December 31 of the same year, the van must have been used only for 6months i.e (0.5year)
Depreciation expense = year of usage/total useful life × depreciable cost of asset
Depreciation expense = 0.5/5×$40,800
Depreciation expense = $20,400/5
Depreciation expense = $4080
Highest returns so number 1 is the answer
Answer:
employees
Explanation:
In a flat organizational structure, unlike the hierarchy structure, the decision making occurs at the staff level; there is no power of a manager. The employees in a flat organizational structure are given significant authority with little to no supervision.
So as an organizational structure flattens, power that was formally intended for managers, is therefore repositioned the employees of the network.
Answer:
Additive; continuous; homozygous; homozygous.
Explanation:
The variation in weight in a population may be explained by the segregation of 10 genes that control weight in a simple <u>additive</u> genetic fashion, the distribution will be<u> continuous</u> from the lowest value <u>homozygous</u> for one allele at all 10 genes to the highest value <u>homozygous</u> for the other allele at all 10 genes.
Continuous phenotypic variation can be caused by many genes affecting a trait and/or environmental variation.
