1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
2 years ago
15

A company made a profit of $75,000 over a period of 6 years on an initial investment of $15,000. What is its annualized ROI?

Business
1 answer:
Slav-nsk [51]2 years ago
6 0
Return on  Investment = 83% or 0.83

total Profit = 75000
term = 6 yrs
annual profit = 75000 / 6 = 12500
initial investment = 15000

ROI = Net  Profit / Total Asset
       = 12500 / 15000
       = 0.83  or  83% (0.83 x 100%)
You might be interested in
Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for t
Darya [45]

Answer:

A. $0

Explanation:

The Tax Cuts and Jobs Act eliminated personal exemptions starting 2018. It also increased standard deductions though. For example, the standard deduction for married filing jointly for 2019 was $24,400. This is a significant increase if you consider that the standard deduction for married filing jointly in 2017 was $12,700.

5 0
2 years ago
When Alfred Weber published his book Theory of the Location of Industries (1909), what did he select as the critical determinant
ELEN [110]

Answer:

Transportation costs.

Explanation:

Alfred Weber lamented in his theory that the industries would set up where the least cost of transportation of raw material and finished goods would incur.

  • He determined transportation costs on the basis of the difference of weight of raw material coming in and final product going out. And the proximity to the source of raw material.

4 0
2 years ago
Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when chris, a kid from down the stree
Anestetic [448]
<span>Chris may be able to recover money from the courts on the basis of quasi contract. A quasi contract is an obligation of one party to another imposed by law independently of an agreement between the parties.</span>
3 0
3 years ago
On the twentieth day of the month, room sales at the Motor Lodge Motel exceeded its breakeven point for the month. Revenue gener
Firdavs [7]

Answer:

D) increase at a faster rate than the costs associated with those sales.

Explanation:

If the break even point was reached during the 20th day of the month, then any revenue generated during the remaining 10-11 days will increase net profits. The amount of net profit increase will be determined by the contribution margin of each service provided. The contribution margin = net sales - variable costs. Since the fixed costs have already been covered, the contribution margin will be equal to the net profit.

4 0
3 years ago
In capitalism what does competition do for consumers?
Aleks [24]

D. It keeps prices fair for consumers

3 0
3 years ago
Read 2 more answers
Other questions:
  • Intel pioneered microprocessor development in the 1970s and introduced its microprocessor well ahead of competitors. According t
    6·1 answer
  • The management of the nation's natural resources is part of the responsibilities of which of the following departments?
    12·1 answer
  • List and describe three causes for shifts in the demand curve.
    7·1 answer
  • Jana completed an informational interview with a preschool teacher in her area. She wants to write a thank-you letter. What shou
    15·1 answer
  • Waterway Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to tota
    12·1 answer
  • Yellow Enterprises reported the following ($ in 000s) as of December 31, 2018. All accounts have normal balances. Deficit (debit
    15·1 answer
  • On January 8, Lee Co. borrows $100,000 cash from National Bank by signing a 90-day, 6% interest-bearing note. On April 8, Lee Co
    8·1 answer
  • Compare these costs.<br> 48 paper plates for $2.99<br> 75 paper plates for $3.99
    12·1 answer
  • 6. Respirators must be certified by the National Institute for Occupational Safety and Health, or NIOSH, and used in compliance
    9·2 answers
  • Scenario: Wilson Industries Inc. Wilson Industries Inc. is a multinational firm that designs and produces premium leather bags f
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!