Answer: 0.22
Explanation: Return on total assets is calculated by dividing net income or operating income from average total assets. It is a profitability ratio which is used by analysts to evaluate the ability of the firm to generate revenue from the given level of assets it have.
where,
= $425,000
Now,putting the values into equation :-
= 0.22
Answer:
$90,119.405
Explanation:
Given:
Periodic payment (p) = $25,000
Number of payment (n) = 5
Interest rate (r) = 12% = 12 / 100 = 0.12
Present value = ?
Computation of Present value :
![Present\ Value = PMT [\frac{1-(1+i)^{-n}}{i}] \\\\ Present\ Value= 25,000 [\frac{1-(1+0.12)^{-5}}{0.12}]\\\\Present\ Value= 25,000 [\frac{1-(1.12)^{-5}}{0.12}]\\\\Present\ Value= 25,000 [\frac{1-0.567426856}{0.12}]\\\\Present\ Value= 25,000 [\frac{0.432573144}{0.12}]\\\\Present\ Value= 25,000 [3.6047762]\\\\Present\ Value= 90,119.405](https://tex.z-dn.net/?f=Present%5C%20Value%20%3D%20PMT%20%5B%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%5D%20%5C%5C%5C%5C%20Present%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B1-%281%2B0.12%29%5E%7B-5%7D%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B1-%281.12%29%5E%7B-5%7D%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B1-0.567426856%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B0.432573144%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B3.6047762%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2090%2C119.405)
We be will invest $90,119.405 (approx).
Answer: A
Explanation:
A complementary good is a product that is used together with another product. Without its complement, such a good will have little value. When there is increase in the price of a particular product, the demand of its complement reduces because consumers may not be able to use the complement on its own.
Complements have negative cross elasticity of demand i.e there is increase in the demand for a product when the price of its complement reduces. If bicycles and gasoline are complements, an increase in tax on gasoline will have a negative effect on the demand for bicycle. Due to the price increase of gasoline, less people will demand for bicycle. The initial change that will occur as a result of this is that as there is a price increase for gasoline, there will be a leftward shift in the demand for bicycle. This implies that less bicycle will be demanded for.
Answer:
total manufacturing cost = $60800
Explanation:
given data
Direct materials used = $24,000
Direct labor = $36,800
Sales salaries = $19,200
Indirect labor = $4,800
Production manager's salary = $9,600
Marketing costs = $14,400
Factory lease = $6,400
solution
we get here total manufacturing cost that is express as
total manufacturing cost = Direct Material + Direct Labor ..............1
put here value and we get
total manufacturing cost = $24000 + $36800
total manufacturing cost = $60800
