Answer:
a) Baker's profit margin = 7.5%
b) No change on return on total assets
Explanation:
a) Assets Turnover = 
= 1.6 times
Return on total assets = 
= 12%
Then we have profit margin on sales = 
= 
= 7.5%
b) In case asset turnover declined to 2 times with profit margin of 6% then Return on total assets = Asset turnover ratio X Profit Margin
= 2 X 6% = 12%
Thus there is no change in that case on return on total investments.
a) Baker's profit margin = 7.5%
b) Thus there is no change in that case on return on total investments.
Churches .it's a religious institution
Answer:
C) defensive
Explanation:
Defensive stocks are stocks that generally perform well during economic recessions. In other words, their price is not related to the market tendency. Even if the market goes down, their price remains stable. Generally companies that sell products with a constant demand are considered defensive stocks, e.g. Costco, Target, Walmart, utilities (all, electric, gas, water), etc.
Answer:
A policy instrument (variable directly under the control of policy makers)
Explanation:
The Fed's discount rate is a monetary policy tool used to expand or contract the money supply.
When the Fed lowers the discount rate, it is engaging in an expansionary monetary policy which will increase the money supply, lower interest rates and increase total aggregate demand.
When the Fed raises the discount rate, it is engaging in a contractionary monetary policy which will decrease the money supply, increase interest rates and fight rising inflation.
Correct/Complete Question:
Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many years earlier.
A. Sarbanes-Oxley Act
B. Lilly Ledbetter Fair Pay Act
C. Equal Pay Act
D. Fair Labor Standards Act
Answer:
B. Lilly Ledbetter Fair Pay Act
Explanation:
In 2009, the Lilly Ledbetter Fair Pay Act was enacted by the US congress. The act was aimed at worker protection against discrimination in pay thus giving individuals who are facing such situation a way to seek redress or rectification according to the federal anti discrimination law.
Cheers.
