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mafiozo [28]
3 years ago
8

Last year, DJ's Soda Fountains, Inc. reported an ROE = 27 percent. The firm's debt ratio was 50 percent, sales were $9 million,

and the capital intensity ratio was 1.5 times. What is the net income for DJ's last year? Multiple Choice a. $1.22m b. $1.82m c. $2.43m d. $2.84m
Business
1 answer:
notsponge [240]3 years ago
7 0

Answer:

b. $1.82m

Explanation:

Capital Intensity ratio = Total aasets / sales

1.5 = Total Assets / 9m

Total Assets = 9m x 1.5 = 13.5

ROE = Total Income / Shareholders equity

27% = Total Income / (13.5 x 50%)

27% = Total Income / 6.75

Total Income = 27% x 6.75

Total Income = 1.8225

Total Income = 1.82 (Rounded)

The correct option is b. $1.82m.

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The annual percentage rate simply means the yearly interest that's generated by a sum that's charged to a borrower. In this case, the APR is 24% after 6 months.

Also, the credit cards that have an annual fee will be credit card 2 and 3. It can also be deduced that the grace period is the same for the three credit cards while credit 3 has a membership.

If one pays the credit card bill on time and the balance each month, the best credit card is credit card 1. Lastly, when one has a balance from time to time credit card 1 is still the best.

Learn more about APR on:

brainly.com/question/2772156

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2 years ago
A ___ is a small group of producers who agree to control the price and supply of a product. brainly
34kurt
C) cartel i had the same test


6 0
3 years ago
Read 2 more answers
By tying the salaries of top corporate managers to the price of the corporation's stock, corporations hope to avoid:
Serjik [45]

Answer:

the principal-agent problem

Explanation:

In the case when there is a tied of the top corporate managers salary with the price of the corporation stock so here the corporation should avoid the principal agent problem as it deals with the conflict with respect to the priorities that lies between the person and the representative.

So the above should be the answer

4 0
3 years ago
To forecast sales and schedule production needs Boeing asks its prospective customers what their likely purchase will be in the
kvv77 [185]

Answer:

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7 0
2 years ago
A professor is expected to cover 16 chapters in an operations management text each semester. One semester the professor dismisse
Paladinen [302]

Answer:

professor's efficiency is 75%

Explanation:

given data

expected cover = 16 chapters

able to cover = 12 chapters

to find out

the​ professor's efficiency

solution

we know here that when professor works at 100% efficiency

then complete  16 chapter in 1 semester

but here Professor completed only 12 chapter

so for 100% we know 16 chapter that is

100% = 16 chapter

and for x% = 12 chapter

so from above both equation we get x %

x = 100 % × \frac{12}{16}

x = 75%

so we can say that professor's efficiency is 75%

4 0
3 years ago
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