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Harman [31]
3 years ago
12

Services had net income for the month of October of $ 23 comma 040. Assets as of the beginning and end of the month totaled $ 36

9 comma 000​, and $ 399 comma 000​, respectively. Calculate Matured Water​ Services' ROA for the month of October.
Business
1 answer:
Hoochie [10]3 years ago
7 0

Answer:

6%

Explanation:

Given that,

Net income = $23,040

Beginning assets = $369,000

Ending Assets = $399,000

Average Total assets:

= (Beginning assets + Ending Assets) ÷ 2

=  ($369,000 + $399,000) ÷ 2

= $384,000

Therefore,

Return on assets:

= (Net income ÷ Average assets) × 100

= ($23,040 ÷ $384,000) × 100

= 0.06 × 100

= 6%

Hence, Matured Water​ Services' ROA for the month of October is 6%.

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Alpha company anticipated unit sales of widgets are January, 5,000; February, 4,000; and March 8,000. Alpha consistently maintai
alexdok [17]

Answer:

1. 4,200 units

2.7,200 units

Explanation:

<u>Prepare the Production Budget for January and February</u>

                                                               January                   February

Budgeted Sales                                       5,000                       4,000

<em>Add </em>Budgeted Closing Stock                 3,200                       6,400

Total Production Needed                       8,200                      10,400

<em>Less</em> Budgeted Opening Stock             (4,000)                     (3,200)

Budgeted Production                             4,200                        7,200

Budgeted Opening Stock for January comes from 80% of closing inventory from December !

5 0
3 years ago
Please help me out this!!<br> Thanks<br> BRAINLIEST WILL BE GIVEN<br><br> EXPLAIN
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D, 12,500. Since she makes 50,000 she falls under the 25% zone and 25% of 50,000 is 12,500. Find that by doing 50,000 times 0.25
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Most consumers have only one choice in financing current purchases. (<br> a. true (<br> b. false
ryzh [129]
B. False. There are usually multiple choices depending on credit score and such.
3 0
3 years ago
The nominal exchange rate is .80 euros per dollar and the real exchange rate is 4/3. Which of the following prices for a particu
Svetach [21]

Answer:

option (C) $5 in the U.S. and 3 euros in Italy

Explanation:

Data provided in the question:

Nominal exchange rate, E = 0.80 euros per dollar

Real exchange rate = \frac{4}{3}

Now,

Real exchange rate = [ Price of good in US ] ÷ [ Price of Good in Italy ]

= \frac{EPU}{PI}

Here,

PU = Price of US in dollars

PI = Price of Italy in Euros

Thus,

Real exchange in rate

\frac{4}{3} = \frac{0.8PU}{PI}

or

\frac{PU}{PI} = \frac{5}{3}

hence,

we get

Ratio of Price of a good in US to Price of a Good in Italy = \frac{5}{3}

or

we can say $5 in the U.S. and 3 euros in Italy

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4 0
3 years ago
The valuation of marketable securities on the balance sheet requires the securities on the balance sheet requires the separation
Zarrin [17]

Answer: True

Explanation:

The valuation of marketable securities on the balance sheet requires the securities on the balance sheet requires the separation of investment securities into three categories.

The categories are held to maturity which are the securities that are bought and then kept until they mature; the trading securities and then the securities that are available for sale.

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