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Ugo [173]
3 years ago
10

Gateway lodging has annual sales of $1.22 million, total debt of $380,000, total equity of $750,000, and a profit margin of 7.45

percent. what is the return on assets? 6.97 percent 7.13 percent 7.56 percent
Business
1 answer:
3241004551 [841]3 years ago
3 0
.0745 * 1,220,000 $380,000+750,000=$90,890 $1,130,000 = .8043 = 8.04%

Your answer 8.04%
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The categories for people-based services include a. volunteers, skilled operators, and professionals. b. unskilled labor, skille
Alex777 [14]

Answer:

b. unskilled labor, skilled labor, and professionals

Explanation:

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8 0
3 years ago
Corruption, Inc., uses process costing, they have overstated the percentage of work completed with respect to conversion cost on
forsale [732]

Answer:

(1) understated

(2) understaded

(3) unchanged

Explanation:

The amount of equivalent units will be higher as the ending inventory of work in process will be above of what it should be.

As we have more equivalent untis the cost per equivalent unit will be lower:

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So both, conversion cost and total cost per equivalent untis will e lower than it should be as are getting divided over a larger amount.

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5 0
3 years ago
The risk-free rate is 6% and the expected rate of return on the market portfolio is 13%. a. Calculate the required rate of retur
Andreyy89

Answer:

a. 14.75%

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Explanation:

The computation for the required rate of return is shown below:

a. Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 6% + 1.25 × (13% - 6%)

= 6% + 1.25 × 7%

= 6% + 8.75%

= 14.75%

b. As the required rate of return comes 14.75% and the required return is 16% so it is under priced as expected return is more than the required return

3 0
3 years ago
What are two good interview questions?<br> PLZ help!!
Elodia [21]

Answer:

What experience do you have in this field of work?

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7 0
3 years ago
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Brut [27]

Answer:

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Another factor, is that US company invest around the world thus, the net income should be positive.

And becuase the US economy is strong as opposite of Mexico or other Latin America countries, the average US employee abroard will not send their wages to support his family.

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6 0
3 years ago
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