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
:-
The first thing you should do when you receive a job application is read the entire document before you begin
completing it.
Answer:
firms compete on multiple dimensions like price, quantity, and product attributes.
Explanation:
Price, product and place are common factors used by firms to establish a competitive advantage over other strategic groups within the same industry. These factors enable a firm to establish a long term projection plan for their products and services in a competitive environment.
Answer:
the total cost is $23,200
Explanation:
The computation of the total cost of the 2,000 units transferred is as follows:
= Total cost at that point + other cost
= $13,600 + (2,000 × (1 - 0.40) × $8)
= $13,600 + 2,000 × 60% × $8
= $13,600 + $9,600
= $23,200
hence, the total cost is $23,200
