A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.
There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.
Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.
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To further sell the car and make it seem more desirable, aswell as to be adding benefits constantly
Answer:
Purchases= 17,200 pounds
Explanation:
Giving the following information:
Production in units:
Month 1= 16,000 units
Month 2= 22,000 units
One pound of materials is required for each finished unit.
The inventory of materials at the end of each month should equal 20% of the following month's production needs.
Beginning inventory= 3,200 lbs.
To calculate the direct material required, we need to use the following formula:
Purchases= production + desired ending inventory - beginning inventory
Purchases= 16,000 + 22,000*0.2 - 3,200
Purchases= 17,200 pounds
Answer:
The answer is: Downward pressure on the Argentine peso's forward rate
Explanation:
Forward rates are interest rates applicable to financial transactions that will happen in the future.
Currently the Argentine peso is yielding a high interest rate. If American firms try to benefit from this by investing in financial transactions involving Argentine pesos, they will eventually put downward pressure to reduce Argentine peso's forward rate. As the demand for Argentine pesos increase, they will yield lower interest rates.
the main reason the industrial revolution first occurred in Britain was that in Britain the price of coal was low relative to labor. Thus, making everyone want to own and make products using the steam engine which ultimately created the first industrial revolution.
The Industrial Revolution, which took place between roughly 1760 and between 1820 and 1840, was the adoption of new manufacturing techniques in Great Britain, continental Europe, and the United States. This transition encompassed the switch from manual to mechanical production methods, the invention of new ways of producing chemicals and the iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system.
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