Answer:
20%
Explanation:
Return on assets is a profitability ratio that shows how much in net income a company is able to generate from its assets.
It is a financial measure that shows the net profit a company is able to generate per $1 invested in assets.
Mathematically,
Return on asset = net income/average total asset
= $800,000/$4,000,000
= 0.2
= 20%
This means that the company's management is a to generate a net income of 20 cents for every $1 invested in assets.
Answer:
The amount collected from customers on accounts receivable during year 3 is $535,000.
Explanation:
Cash received from accounts receivable = Opening balance of AR + Credit Sales - Bad debts written off - Closing balance of AR.
- The opening balance for year 3 account receivables was 150000.
- Credit Sales = 600000
- Bad debts = 40000
- Closing Balance = 175000
We can solve this question either by making a T account for accounts receivable or using the equation given above.
Cash = 150000 + 600000 - 40000 - 175000 = $535000
Answer:
D) visibly punish unethical acts
Explanation:
Ethics is the act of knowing what ia right and doing same. That is a good ethical act.
The ethical culture practised by Pam's company is to visibly punish unethical acts. This entails punishing any unethical act appropriately before others to see it.
This approach is really good because it will make others to sit up bearing in mind that they will get same punishment without hesitation if they err.
Pam's organization firing the three managers caught using the company's resources to fund their personal lifestyle pointed towards applying visible punishment for unethical acts.
Answer:
C
Explanation:
The economists would disagree with this policy because the opportunity cost of zero pollution is much higher than its benefit. The industries involved may have to stop their industrial activities out-rightly or temporarily until they come up with other ways of production which may bring unemployment, reduction in tax paid to government among others.
Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products.
