700 miles the train takes 5 hours to a travel the distance at what unit rate is the train traveling?
1 answer:
You might be interested in
Part A: About 0.21
We will put the wanted outcome (yellow pieces of candy) over the total number of possible outcomes (total pieces of candy).
About 0.21
Part B: About 50
First we will do the same as we did with the yellow pieces of candy, wanted outcomes over possible outcomes.
0.25
Now, we will multiply the total 200 pieces by 0.25 since 0.25 of them are estimated to be green.
200 * 0.25 = 50
I estimate about 50 of the pieces to be green.
The options are
A. Increasing the sales price of the products sold.
B. An increase in the net profit margin ratio.
C. Purchasing land by signing a long-term note payable.
D. Collecting cash from an account receivable.
<u>Answer:</u>
Purchasing land by signing a long term note payable will decrease the return on assets ratio will result in a decrease in the return on assets ratio.
Option C
<u>Explanation:</u>
Return on assets ratio shows the profit percentage that a company or business entity earns in accordance to its overall resources. It is calculated by the following formula,
Purchasing a land will increase the average total assets of the company. Here in accordance with the formula, if the denominator increases and the numerator remains the same, it will ultimately decrease the quotient i.e. the return on assets.
<u>Other options:</u>
A. Increasing the sales price of the products sold - This will increase the net income which would result in the increase of ROA.
B. An increase in the net profit margin ratio - This will also increase the net income which would lead to the increase of ROA.
D. Collecting cash from an account receivable - accounts receivable will neither affect the net income nor the average total assets. Therefore, the ROA will remain the same.
