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Cerrena [4.2K]
3 years ago
9

John Inc. is a manufacturing business. For a given accounting period, the business’s total revenue amounted to $75,000, while it

s expenses came to $35,000. The total shareholders’ equity on the businesses balance sheet was $150,000. What is John Inc.’s return on equity for this accounting period?
A.
16.66 percent
B.
26.66 percent
C.
36.66 percent
D.
46.66 percent
Business
1 answer:
maksim [4K]3 years ago
8 0

Answer:

John Inc.'s return on equity for this accounting period is:

B.

26.66 percent

Explanation:

Return or equity is a ratio used to calculate the efficiency of a certain business. It is calculated by dividing the net income on the stockholders' equity. Therefore, in our case, we translate this into 40 000 dollars divided into 150 000. Giving us a  result of .26 %. Thus, the correct option is the B. option.

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Jonas is a 60% owner of Ard, an S corporation. At the beginning of the year, his stock basis is zero. Jonas's basis in a $33,200
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Answer:

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Explanation:

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$24,900 cash distribution - Net share of Ard's taxable income $16,600= $8,300

Therefore Jonas's recognized capital gain

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6 0
3 years ago
After a recession when the economy starts to expand again, firms tend to?
labwork [276]

After a recession when the economy starts to expand again, firms tend to increase share repurchases faster than they increase dividends.

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Economy is defined as the management of community, business, or family financial matters. An example in economics is the US stock market system.

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Learn more about economy here:brainly.com/question/1106682

#SPJ4

6 0
2 years ago
A client is admitted to the hospital with a diagnosis of lower extremity arterial disease (LEAD) A client with heart disease has
AlekseyPX

Answer:

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Explanation:

The blood stream will flow to the right artium through the vena cava and moves to the right ventricle as well as the lungs. The blood is then returned back to the left atrium and ventricle from the lungs. It later flows out through the aorta. That is the sequence of flow of the blood streams to and from the lungs.

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3 years ago
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If the person has not been able to cross high school for some reason and has been out of school for 10 months and does not want to wait another year, or simply cannot go for another year for the school they can get this test.

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3 years ago
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Okay I am going on a generalization of modern economics as a field of study is usually thought to have begun with which of the following because you have not really provided us with much to go. Therefore, my answer to this is as follows:

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