1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Solnce55 [7]
3 years ago
7

Walk Co’s average total assets are $200,000, net sales total to $100,000, and net income is $40,000. How much net income did Wal

k Co generate for each dollar of assets invested?
Business
1 answer:
kupik [55]3 years ago
6 0

Answer:

$0.20 or 20 cents for every dollar invested as assets

Explanation:

To determine how many dollars (or cents) of net income did Walk Co. generate for every dollar of assets invested we have to;

divide Walk Co.'s net income by its total assets = $40,000 / $200,000 = $0.20 or 20 cents. This is called the

You might be interested in
The process cost summary summarizes:_________
natka813 [3]

Answer and Explanation:

The summary of the process cost involves the physical flow of units, equivalent units of production, cost per equivalent unit, and the total cost assignment to the units worked on the given time period

Only these four things would be shown in the summary of the process cost

Other than this would be ignored

4 0
2 years ago
Letters with already formatted fonts and fields are called
azamat

Answer:its templates

Explanation:

6 0
3 years ago
An increase in investment shifts the ae curve upward by an amount equal to the​ ______, and shifts the ad curve rightward by an
kogti [31]
<span>An increase in investment shifts the AE curve upward by an amount equal to the​ change in investment, and shifts the AD curve rightward by an amount equal to the​ change in the investment by the multiplier.
The AE curve stands for the aggregate expenditure which measures expenditures on consumption. The AD curve stands for the aggregate demand curve which measures the demand levels when prices change for a good or service in an economy. 

</span>
5 0
3 years ago
When reporting on conditions relating to an entity's internal control observed during an audit of the financial statements, the
Alinara [238K]

Answer:

a Description of tests performed to search for material weaknesses.

Explanation:

When reporting on conditions relating to an entity's internal control observed during an audit of the financial statements, the auditor should include a Description of tests performed to search for material weaknesses.

Tests of controls may be performed to test the effectiveness of certain controls that auditors consider relevant to preventing and detecting errors and fraud that are material to the financial statements, <u>thereafter a management report must be issued to the audit committee for any deficiencies in controls to be addressed.</u> The management letter describes the tests performed and the results in each category

3 0
3 years ago
The interest cost component of NPPBC is the_______________.
san4es73 [151]

Answer: D

Explanation: Interest cost reflects the change in the APBO throughout the period which arise simply from a passage in time.

It is usually equal to the APBO at the start of the period times, the supposed discount rate which is used to regulate present value of future cash outflows currently expected or needed to satisfy the commitment or duty.

7 0
3 years ago
Read 2 more answers
Other questions:
  • "The members of a marketing department are having a meeting. There is a lot of disagreement over the content of the next adverti
    14·1 answer
  • What are the three benefits of networking when searching for a job
    11·2 answers
  • Merriweather Post Pavillion received a $820 check from a customer for the balance of accounts due. The transaction was erroneous
    12·1 answer
  • Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating inc
    14·1 answer
  • Testbank Multiple Choice Question 73 Sheffield Corp. issued 10200 shares of its $5 par value common stock having a fair value of
    14·1 answer
  • Mandy Feng employs Jay Johnson at a salary of $35,000 a year. Feng is subject to employer Social Security taxes at a rate of 6.2
    10·1 answer
  • Boss asks you to explain the difference between the Cost of Capital and DiscountRate in a multi-year Net Present Value analysis
    5·1 answer
  • A unique business organized by two or more other businesses to operate for a limited time and for a specific project is called a
    10·1 answer
  • Donald's home was recently destroyed by a fire. He made an insurance claim for $250,000. Who is responsible for paying him the $
    8·1 answer
  • Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Inc., has been experiencing financial
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!