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bixtya [17]
3 years ago
13

Matured Water Services had net income for the month of October of $ 35 comma 000. Assets as of the beginning and end of the mont

h totaled $ 374 comma 000​, and $ 326 comma 000​, respectively. Calculate Matured Water​ Services' ROA for the month of October.
Business
1 answer:
dimaraw [331]3 years ago
6 0

Answer:

ROA = 10%

Explanation:

Net Income October: $35,000

Assets Beginning October: $374,000

Assets Ending October: $326,000

Average Total Assets: ($374,000 + $326,000)/2= $350,000

Return on Assets (ROA) = Net Income for the Period / Average Total Assets for the Period

ROA: $35,000 / $350,000 = 10%

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Answer:

The correct option is D. $ 20,000

Explanation:

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3 years ago
Globe Cars, a leading automobile ancillary firm in China, has decided to form a global alliance with Fulda, a German tire manufa
NISA [10]

Answer:

differences in national cultures

Explanation:

Based on the scenario being described it can be said that the most likely challenge that Globe Cars is likely to face would be differences in national cultures. This is mainly due to the fact that each company originates from different countries with different cultures and beliefs. Therefore there is a high possibility that some of the values of each culture may contradict with the others.

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3 years ago
Ayayai Inc. presented the following data. Net income $2,680,000 Preferred stock: 48,000 shares outstanding, $100 par, 8% cumulat
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Answer:

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Explanation:

Note: See the attached excel file for the calculation of the weighted shares outstanding.

The earnings per share can be computed as follows:

Weighted shares outstanding = 1,702,000 shares

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Net income after preferred stock dividend = $2,680,000 - $384,000 = $2,296,000

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Download xlsx
4 0
3 years ago
According to economists, natural resources, labor, capital, and entrepreneurship are called
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It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.
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3 years ago
You have just received notification that you have won the $3 million first prize in the Centennial Lottery. However, the prize w
son4ous [18]

Answer:

The present value of your windfall if the appropriate discount rate is 10 percent is $5,562

Explanation:

Amount of Prize = $3,000,000

number of year = 66 years

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PV = $3,000,000 x ( 1 + 0.10 )^-66

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3 years ago
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