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zvonat [6]
2 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]2 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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What is the present value of a security that will pay $34,000 in 20 years if securities of equal risk pay 8% annually? Round you
OLga [1]

Answer:

present value = $7296.14

Explanation:

given data

future value =  $34,000

time t = 20 year

rate r = 8% = 0.08

solution

we apply here future value formula for get present value that is

future value = present value × (1+r)^{t}    .....................1

put her value and we get

$34,000 = present value ×  (1+0.08)^{20}

present value = \frac{34000}{1.08^{20}}

present value = \frac{34000}{4.660}

present value = $7296.14

4 0
2 years ago
Choose the best closing for a message requesting the receiver's support for a proposed change in a benefits plan.
Svet_ta [14]
<span>Choose the best closing for a message requesting the receiver's support for a proposed change in a benefits plan. C</span><span>ontacting me by December 1 about your support of this new benefits plan will allow me to present this proposal at the next strategic planning session. Out of the above options, this option sounds the best and hits all of the necessary points to conclude a request. </span>
5 0
3 years ago
When cell phones were first entering the market, they were relatively large and reception was undependable. All cell phones were
ahrayia [7]

Answer:

<em><u>The correct answer is:  </u></em>Markets evolve toward greater heterogeneity over time.

Explanation:

The history of cell phones shows a marketing trend that markets evolve towards greater heterogeneity over time.

This occurs in relation to market segmentation, that is, organizations identify groups of consumers with similar tastes and develop all their marketing actions to reach a certain demand according to their needs, tastes and preferences. Market segmentation creates a heterogeneous market, with differentiated products in terms of functionality, design, price, benefits, etc., so that existing demands are met.

8 0
3 years ago
Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 850 2 1,190 3 1,450 4 1,600
Mashutka [201]

Answer:

 $4,238.05  

Explanation:

The computation of the present value is shown below:

Years  Cash flows   Discount factor @7%         Present value

1           $850.00  0.9345794393              $794.39  

2          $1,190.00  0.8734387283              $1,039.39  

3           $1,450.00  0.8162978769              $1,183.63  

4           $1,600.00  0.762895212              $1,220.63  

Total present value                               $4,238.05  

8 0
2 years ago
A firm currently produces 3,500 units of output per week. After an additional worker is hired, output rises to 3,750 units per w
MrRissso [65]

Answer:

C. $2

Explanation:

The marginal cost is the cost for producing an additional unit of the product. According to this and as the statement says that with the additional worker the output rises to 3,750, teh first thing is to find the number of additional units that were produced:

3,750-3500= 250

With the new worker, the firm produces an additional 250 units that cost $500 because this is the salary of the new worker and to calculate the cost of one additional unit you have to do the following:

250 units ⇒ $500

     1 unit  ⇒      x

x=( 1*500)/250= 2

The firm's short-run marginal cost is $2.

4 0
3 years ago
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