The money left over after all of the business costs are subtracted is called the _________

The following information is from the 20X1 annual report of Weber Corporation, a company that supplies manufactured parts to the

DENIUS [597]

Answer:

ROA for 20X1= 10%

Profit margin for 20X1= 5%

Assets turnover= 2

ROA for the coming year= 11.25%

Explanation:

Weber corporation return on assets for 20X1 can be calculated as follows

ROA= Net income/Average total assets × 100

= 2,450,000/24,500,000 × 100

= 0.1 × 100

= 10%

The profit margin can be calculated as follows

= Net income/sales × 100

= 2,450,000/49,000,000 × 100

= 0.05 × 100

= 5%

The assets turnover ratio can be calculated as follows

= Sales/Average Total assets

= 49,000,000/24,500,000

= 2

The company ROA if when the turnover rate for next year is2.25 and the profit margin remain unchanged can be calculated as follows

= profit margin × assets turnover ratio

= 5% × 2.25

= 11.25%

8 0

3 years ago

A need is something required. For example, food is a need. However, eating at a restaurant is not a need. Gas to get to work is

Nonamiya [84]

The amount spent on these items is based on preference and the availability of resources available to us. It should be noted that you'll have to spend on a need more than a want due to the limited resources that are available to us.

<h3>What is a consumer's need?</h3>

In economics, a need refers to anything individuals require to exist. It is considered to be necessary and important for the functioning of life. Examples include:

Food,
Water, and
Shelter.

However, a want is anything that is desired. A want is anything that will enhance your living experience and level of happiness. In economic terms, it is described as an individual's insatiable desire to own items or services that provide fulfillment.

From the information given:

Eating at a restaurant, or gas to go on vacation is not a necessity, so it may be referred to as something you want.

The amount spent on these given items is based on preference and the availability of financial resources available to us.

Learn more about human needs here:

brainly.com/question/22395260

#SPJ1

5 0

2 years ago

Find the principal needed now to get the given amount; that is, find the present value.To get $ 90 after 2 and three fourths y

Kisachek [45]

Explanation:

For continuous compounding, we use the following formula

$FV_{N} = PVe^{i N}$

<u>Scenario 1 : </u>

FV = $ 90

N = 2 years

I = 6%

PV= ?

$FV_{N} = PVe^{i N}$

$90 = PVe^{(0.06) (2)}$

$\frac{90}{e^{(0.06) (2)}} = PV$

$PV = 79.8228$

PV = $ 79.82

<u>Scenario 2:</u>

$FV_{N} = PVe^{i N}$

$90 = PVe^{(0.06) (3)}$

PV = $ 75.17

<u>Scenario 3:</u>

$FV_{N} = PVe^{i N}$

$90 = PVe^{(0.06) (4)}$

PV = $ 70.80

6 0

3 years ago

Whom does inflation hurt the most?

drek231 [11]

Answer:

consumers

Explanation:

The consumers of any given market are the ones that finally pay the increase of prices driven by inflation.

Inflation means that there is an increase in the prices of goods and services per year. This increase affects all the actors in a given economy but in the bottom-line consumers are the ones that pay these increment in prices.

3 0

3 years ago

Read 2 more answers

A tax that covers both social security and medicare? ____

Mumz [18]

The combination of Social Security taxes and Medicare taxes is referred to as FICA.

8 0

3 years ago

Read 2 more answers

The money left over after all of the business costs are subtracted is called the __________.