Answer:
8.28%
Explanation:
Given that,
Net income = $10 million
Total debt = $65 million
Debt ratio = 35 percent
Debt ratio = Total debt ÷ Total assets
35 percent = $65 million ÷ Total assets
Total assets = $65 million ÷ 35 percent
= $185,714,286
Wave Runnerz's ROE for 2018:
= Net income ÷ Equity
= $10,000,000 ÷ (Total assets - Debt)
= $10,000,000 ÷ ($185,714,286 - $65,000,000)
= $10,000,000 ÷ $120,714,286
= 0.0828 or 8.28%
Answer:
The below solution will guide your believe of what should be appropriate qualitative assumptions for inherent risk.
Explanation:
Tengen is the name of the company that made and had its own branding on unofficial Nintendo entertainment games.
<h3>Tengen</h3>
It was incorporated on December 21, 1987. In 1988, Tengen emitted its first and only three games authorized by Nintendo: R.B.I. Baseball, Pac-Man, and Gauntlet. Meanwhile, Tengen privately worked to avoid Nintendo's lock-out chip called 10NES which granted it control over which games were published for the NES.
<h3>Nintendo Co., Ltd.</h3>
Nintendo Co., Ltd. is now the biggest video game business by revenue, as a Japanese multinational customer electronics corporation headquartered in Kyoto, Japan.
To learn more about Nintendo visit the link
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Goal displacement, satisficing, and groupthink are the<u> advantages of </u><u>group decision-making.</u>
Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.
During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.
Some of the advantages of the <em>group decision-making</em> include goal <em>displacement, satisficing</em>, and groupthink.
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