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2 years ago

Match each organization with its correct relationship to the government.

Business

2 answers:

photoshop1234 [79]2 years ago

4 0

Answer:

a. Lockheed Martin is a government contractor

b. Amtrak is a government corporation

Explanation:

a. Lock heed Martin as a Government Contractor

A government contractor is a company that does contracts predominantly supplied by the government. The contracts are financed by the government mostly from tax collection. These contracts vary in type whether it is defense or any other type of contract for that matter.

In the case of Lockheed Martin, this is a defense contractor that has been listed as one of the biggest government contractors over the years. It also has worldwide interest in aerospace and advanced technologies. This company was formed as a result of a merger between Lockheed Corporation and Martin Marietta on the March of 1995.

b. Amtrak as a government corporation

From these information it can be concluded that a government contractor is in most cases is a private company that bids for tenders from the government. The bidding process is usually open to all qualified companies. After thorough assessment of these bids, the government awards the contract to the most qualified company. In the case of Lockheed Martin, the government usually requires a specialized skills in aerospace, and defense.

A government corporation on the other hand is a huge company that is there majorly for the interest of the public. It is usually partly owned by the government therefor receives a combination of state and federal subsidies. It is also usually for non-profit purposes since it is formed for the benefit of the public. The National Railroad Passenger Corporation which does it's business with the name Amtrak is a railway corporation formed in 1971 and is partly owned by the government. It provides railway services of transporting people and goods connecting many states. It therefor serves as a government corporation.

Gelneren [198K]2 years ago

3 0

Answer:

Securities and Exchange Commission (SEC)

- government agency

Amtrak

-government corporation

Lockheed Martin

- government contractor

Explanation:

Apex

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Answer:

15.2%

Explanation:

Return on Total Asset is the ratio of net income ratio to total asset of the company. It measure the productivity and efficiency of all the assets used to generate this net income.

As per given Data

Year 2 Year 1

Net sales $478,500 $426,250

Cost of goods sold $276,300 $250,120

Interest expense $9,700 $10,700

Net income before tax $67,250 $52,680

Net income after tax $46,050 $39,900

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Total liabilities $181,400 $167,300

Total equity $135,700 $120,700

Formula for Return on total assets

Return on Total Assets = ( Net income / Average total assets ) x 100

Now we need to calculate the average Assets

Average Assets = ($317,100 + $288,000) / 2 = $302,550

Net Income for year 2 = $46,050

Placing values in the formula

Return on Total Assets = ( $46,050 / $302,550 ) x 100

Return on Total Assets = 15.2%

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Answer:

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