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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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VashaNatasha [74]

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

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7 0
3 years ago
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Consumer ________ helps answer questions such as why people choose one product or brand over another
san4es73 [151]

Answer:

The answer is Consumer Behavior

Explanation:

Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.

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The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.

An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.

4 0
3 years ago
"Using the given information, determine the cost of one no rechargeable alkaline battery; and compare with the cost of one recha
sergij07 [2.7K]

Answer:

Over the life of the battery, the battery that is most cost-effective is:

The AA alkaline non rechargeable battery.

Explanation:

a) Data and Calculations:

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Total cost of AA NiCad rechargeable batteries = $11.80

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Cost per use of AA alkaline non rechargeable batteries = $0.04 ($3.69/100)

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7 0
3 years ago
Cafeteria Department Cutting Department Assembly Department Janitorial Department cost allocation $155,000 $31,000 $124,000 Cafe
Mama L [17]

Answer: Assembly Department

Explanation:

Missing part of question is attached below.

Cutting Department

Under the direct method, the Cutting Department is allocated $62,000 of the Janitorial cost and $126,750 of the Cafeteria cost for a total of:

= 62,000 + 126,750

= $188,750

Assembly department

Allocated $248,000 of the Janitorial cost and $42,450 of Cafeteria:

= 248,000 + 42,450

= $290,450

<em>Assembly Department is therefore the department that is allocated the most support department costs under the direct method. </em>

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3 years ago
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Nataly_w [17]

Answer:

40%

Explanation:

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The advantage of using the midpoint method for calculating percentage changes is that it doesn't matter if the change is positive or negative, e.g. it will yield the same result if the price increases or decreases in the same amounts.

5 0
3 years ago
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