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zvonat [6]
3 years ago
5

Bountiful Water Services had net income for the month of October of $ 40 comma 400. Assets as of the beginning and end of the mo

nth totaled $ 346 comma 000​, and $ 462 comma 000​, respectively. Calculate Bountiful Water​ Services' ROA for the month of October
Business
1 answer:
ipn [44]3 years ago
4 0

Answer:

The ROA for the month of October was 10%

Explanation:

Return over Assets: It represent the yield of the company base on the resources it has during the period.

Return Over Assets =   Net income / average Assets

<em>were average assets = ( beginning + ending ) / 2</em>

Net income  $40,400

Beginning Assets $346,000

Ending Assets       $462,000

Average Assets     $404,000

ROA =  40,400/404,000  =  10%

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Answer:

A. after tax income should increase shifting AD to the right to a higher equilibrium level of output

Explanation:

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If the government cuts taxes, after tax income should decrease shifting AD to the left to a lower equilibrium level of output

I hope my answer helps you

8 0
3 years ago
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vladimir1956 [14]
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5 0
3 years ago
If the majority of service customers are satisfied, it is likely that all service customers will be satisfied.
Dafna1 [17]

 If the majority of service customers are satisfied, it is likely that all service customers will be satisfied. False

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7 0
2 years ago
2. Because of the tender meat required, which of these cooking methods are the most expensive?
Vlada [557]

Answer:

The correct answer is letter "C": Steaming and broiling.

Explanation:

Steaming and broiling is the process by which food -in this case, meat- is cooked by placing it above a stove that is in heat. It enables to keep the natural flavor of the food and its nutrients. Besides, the shape and the color of the food do not suffer dramatic changes. Though, steaming ovens are expensive. Usually the cost more than $2000 (USD).

4 0
3 years ago
Read 2 more answers
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