Answer:
There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.
1
or
2
Substituting the values in equation 1 we get,


Substituting values in equation 2 we get,




Answer:
b. $433,750
Explanation:
The ending balance in retained earnings can be calculated as;
= Beginning balance + Net income - Cash dividends
Given that;
Beginning balance = $430,000
Net income = $60,000
Cash dividends = $56,250
= $430,000 + $60,000 - $56,250
= $433,750
Therefore, the ending balance in retained earnings is $433,750
The answer is D The students conclusion shows experimental bias
Answer:
In a larger corporation, the CFO's duties shift more toward analysis, oversight, and management.
Explanation:
Accounting and Reporting: The CFO is responsible for keeping accurate financial records and for reporting on a company or organization's financial status.
Answer:
The statement is true
Explanation:
Marketing strategy is the strategy which is defined as all of the marketing objective as well as goals of the company combined into a one or a single comprehensive plan. It is the one which develop and create marketing mix.
It is designed in order to develop or promote the good and service so that the business could earn or make profit.
So, the statement is true as it is stating that the strategies involve selecting activities and define 1 or more target markets. Also maintain and develop the marketing mix.