Answer:
B, net income for the year was $1,200,000, average assets were $20 million, ROI was 6%
Explanation:
net income is calculated by multiplying the percentage margin by the sales. We have,
(2 ÷ 100) × $60,000,000
= 0.02 × $60,000,000
= $1,200,000
To calculate the average assets, sales is divided by the turnover.
we have, ($60,000,000 ÷ 3.0)
= $20,000,000.
To calculate the ROI, margin and turnover are multiplied.
we have,
(2% × 3.0) = 6%
Cheers.
Hi!
The day of the week a golf course is mostly likely to be closed on is Monday. =)
Answer:
authorized 100,000
issued 70,000
outstanding 70,000 - 4,000 treasury stock = 66,000
Explanation:
The amount authorized doesn't change unless the company start the legal procedure to do it.
The shares, once issued, can't be destroyed.
Te outstanding shares are the mount in the market, that will be the issued shaes less the treasury stock, which are shares in the company's possesion.
If the company enters into an agreement with a winery in Spain to purchase all the red wine the winery produces, this would be a: output contract
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Explanation:</u></h3>
An output contract is an arbitration where one party consents to acquire the complete product that the other party accumulates. Thus, the consumer will obtain all the 'output' the trader executes.
Output contracts can be valuable to consumers when there is conjecture about market supply or demand for a distinct good. Output contracts attend the sale of goods, these sorts of contracts are directed by the Uniform Commercial Code. In the fact of output contracts, the U.C.C. claims that both parties to the contract act in real faith.
Answer:
b. project steering team
Explanation:
Project steering team -
It refers to the member of an organisation or company , who helps to support and guide the project , is referred to as the project steering team .
The team is important for the project success .
These are basically an advisory body of the company , in matters related to project management concerns , marketing strategies , company policy , new endeavors and budget .
Hence , from the given information of the question,
The correct term is project steering team .
