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Airida [17]
3 years ago
11

The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, res

pectively. The return on assets for the year is 10%. What is Hidden Valley's net income for the year?
Business
1 answer:
Vadim26 [7]3 years ago
7 0

Answer:

$50,000

Explanation:

Total Assets  at beginning                          $450,000

Total Assets at end                                    $550,000

Total Assets                                                $1,000,000

Average Total Assets=Total Assets/2=$1,000,000/2=$500,000

Return on assets=Net Income/Average Total Assets

10%=Net Income/$500,000

Net Income=$500,000*10%

Net Income=$50,000

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Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
adelina 88 [10]

Answer:

$19

Explanation:

The computation of financial advantage (disadvantage) is shown below:-

Combined sale value =  Industrial fiber + Refined sugar

= $71 + $71

= $142

Further processing = End product industrial fiber + End product refined sugar

= $23 + $27

= $50

Financial Advantage = Combined sale value - Further processing - Sugar beets costs - cost to crush

= $142 - $50 - $57 - $16

= $19

6 0
3 years ago
It doesnt matter what your goal is. any idea you may create is achievable. true or false​
jasenka [17]

False. I could have a goal to turn into the sandman, and try real hard, but it's not gonna happen. Reasonable goals are achievable however.

4 0
3 years ago
Equipment loans are often tied to all of the following except:
vichka [17]
<span>The correct answer is C. Equipment loans are not usually tied to the redevelopment of the business real estate in any way. Equipment and real estate are two distinct classes of business assets. An equipment loan would, however, be tired to the equipment itself as the nature of the equipment would determine the amount of the loan. The equipment would also usually serve as collateral on the loan. The financial position of the borrow and the business's overall cash flow (but mainly its operating cash flow) would also be tied to the equipment loan in that these items would help the bank assess the risk of the loan and therefore determine the interest rate and terms of the loan.</span>
4 0
3 years ago
Which of the following is an example of positive technological​ change? Positive technological change occurs when
Ivenika [448]

Answer:

The correct answer is C

Explanation:

Positive technological change or variation occurs or happen when the business or the firm is able to produce or manufacture more amount of output by using the same amount of inputs or the same output which have the fewer inputs.

The example of positive technological change occurs when the firm or the business installs the faster machinery and makes the firm more profitable through increasing the revenue.

4 0
3 years ago
The purpose of the liberty loan campaign illustrated in the drawing above was to
yKpoI14uk [10]

Answer:

The correct answer is Finance American involvement in the First World War.

Explanation:

Apart from war bonds, there was another source of financing for the First World War which consisted of borrowing very high amounts in order to be paid in a relatively short period of time. With the bonds, a series of obligations of the states are acquired that must be fulfilled in a period of time and at a determined interest rate.

7 0
3 years ago
Read 2 more answers
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