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miskamm [114]
3 years ago
14

River Corp's total assets at the end of last year were $320,000, dividends paid were $12,000 and its net income was $32,750. Wha

t was its return on total assets
Business
1 answer:
8090 [49]3 years ago
5 0

Answer:

Return on Total Assets = 10.2%

Explanation:

The Return on Total Assets (ROTA) of a company is a ratio of the measure of a company's earnings before income and taxes, relative to its total net assets. Simply put, it is the amount of money a company receives in a financial year, relative to its total assets. The formula for calculating ROTA is given as follows:

ROTA = ( EBIT) ÷ Total Assets

where:

EBIT = Earnings before income and taxes = net income = $32,750

Total Assets = $320,000

∴ ROTA = 32,750 ÷ 320,000 = 0.102

converting 0.102 to percentage, we multiply by 100

∴ ROTA = 0.102 × 100 = 10.2%

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it would be 10,000 for 4.00% interest for 4 years.

Explanation:

the reason is the amount would turn out at 10,824 dollars and you earned 824 dollars in income.

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A company requisitioned $40,000 in direct materials and $30,000 in indirect materials from the storeroom to be used in productio
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Tracy managed a project for a publishing company. her team worked with a college professor to publish a new math textbook. which
Semenov [28]

The scenario that  illustrates a resource risk when Tracy managed a project for a publishing company is option D. The copy editor for the textbook becomes seriously ill, so Tracy must hire a new copy editor.

<h3>What is resource risk ?</h3>

A resource risk  can be described as a  chance that  is been assumed that someone  will fail to meet a goal as a result of lack of resources.

This is because the Resources can i encompass the financing, time, skilled workers and  what is  needed to achieve a particular goal, hence scenario that  illustrates a resource risk when Tracy managed a project for a publishing company is  copy editor for the textbook becomes seriously ill, so Tracy must hire a new copy editor.

The option for the question are :

A. The author thought that the publishing team would create the end-of-chapter questions and answers.

B. The original estimate for binding the books was two weeks. The bindery informs Tracy that it will take three weeks to complete the binding process.

C. The professor refuses to approve the cover of the book.

D. The copy editor for the textbook becomes seriously ill, so Tracy must hire a new copy editor.

Learn more on government at:

brainly.com/question/17544018

#SPJ1

4 0
2 years ago
The sector of the economy that includes proprietorships partnerships and corporations is the
aalyn [17]

Answer:

Invesmtent sector.

Explanation:

Is also responsible for the economic act of production.

4 0
3 years ago
China decides to build an aircraft carrier. what is the opportunity cost of the aircraft carrier?
evablogger [386]

The opportunity cost of the aircraft carrier is the cost of the next best option China forgoes in order to build the aircraft carrier.

<h3>What is the opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as implicit cost. Opportunity cost is used in calculating implicit cost.

For example, if in deciding to build the aircraft carrier, China forgoes the opportunity to repair all the roads in china. Repairing all the roads in China is the opportunity cost.

To learn more about opportunity cost, please check: brainly.com/question/26315727

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5 0
2 years ago
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