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
Murljashka [212]
3 years ago
11

A fire has destroyed a large percentage of the financial records of the strongwell co. you have the task of piecing together inf

ormation in order to release a financial report. you have found the return on equity to be 13.8 percent. sales were $979,000, the total debt ratio was 0.42, and total debt was $548,000. what is the return on assets? 6.92 percent 8.00 percent 8.45 percent 9.03 percent 9.29 percent
Business
1 answer:
jeyben [28]3 years ago
4 0
Return on assets = .138/(1+ .72414) = .08, or 8 percent.
You might be interested in
Justice enterprises has current assets of $593 million and current liabilities of $316 million. what is their current ratio?
Inessa [10]
To solve this problem, first, we must know the formula to get the current ratio. 
                           Currents Assets
Current Ratio=  -------------------------
                           Current Liabilities

So in this problem the current assets and current liabilities are given which are the following:
   CA= $593,000,000
   CL= $316,000,000

Let's now solve  $593,000,000 / $316,000,000 = 1.88 

4 0
3 years ago
Timberlake Company planned for a production and sales volume of 12,000 units. However, the company actually made and sold 13,000
Aleks04 [339]

Answer:

$65,000 Favorable  

Explanation:

  • Volume variance compute the difference due to volume of sales budgeted and actual sales qty.

  • Budgeted Selling pricec =780000 /12000 = 65

  • Sales volume variance = Budgeted Selling price (Actual sales qty-Budgeted Sales qty)  

65.00 (13000-12000) = 65000 Fav

 

Answer is $ 65000 Favorable      

5 0
3 years ago
With its current levels of input use, a firm's MRTS is 1/3 (when capital is on the vertical axis and labor is on the horizontal
bixtya [17]

Answer: A. the firm could produce 3 more units of output if it increased its use of capital by one unit (holding labor constant).

Explanation:

The Marginal Rate of Technical Substitution(MRTS) is calculated as follows:

= Marginal product of labor / Marginal product of capital

= 1 / 3

Marginal product of labor = 1

Marginal product of capital = 3

This means that if one unit of labor is used, it produces 1 unit of output.

If one unit of capital is used however, it produces 3 units of output.

If a firm therefore used one unit of capital and kept labor constant, it could produce 3 units out output.

4 0
2 years ago
A utilities consumer action panel could help resolve consumer complaints about high energy costs because the panel members are
otez555 [7]
The answer is A independent and unbiased
7 0
3 years ago
Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern
ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

The United Kingdom employment equality law is an organization of law that legislates against prejudice-based activities in the workplace.

The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

5 0
3 years ago
Other questions:
  • Assume that a profit maximizing monopolist is producing a quantity such that marginal revenue exceeds marginal cost. we can conc
    13·1 answer
  • Calculate Net Pay
    8·1 answer
  • Decisions must frequently be made by​ individuals, organizations, and even nations. Facilitating better​ decision-making is a fu
    14·1 answer
  • A series of five payments in constant dollars, beginning with $6,000 at the end of the first year, are increasing at the rate of
    12·1 answer
  • The period in which real GDP increase over two consecutive quarters.
    6·1 answer
  • Safety and self-actualization are examples of __________. a. credibility appeals b. emotional appeals c. persuasive appeals d. l
    10·2 answers
  • Which of the following is true of retaliation in workplaces?
    10·1 answer
  • The Mighty Music Company produces and sells a desktop speaker for $100. The company has the capacity to produce 50,000 speakers
    10·1 answer
  • Points 4 you. Take them
    15·2 answers
  • Last year, Joan purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 25-year maturity. At the time
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!