Answer:
Net Income = $75,281.80
Explanation:
Given that
Total assets turnover = sales/total assets
Where
Sales = 2.75 million
Asset turnover = 2.7
Thus
Total assets = 2750000/2.7
= $1,018,518.52
Also,
EM.= Total assets/equity
Where
EM = 2.53
Assets = $1,018,518.52
Thus,
Equity = 1,018,518.52/2.53
= $ 402,576.49
Finally,
Recall that
ROE = Net Income ÷ Equity
Therefore,
Net income = ROE × Equity
Where
ROE = 18.7 % = 0.187
NI = 0.187 × 402576.49
= $75,281.80
Answer:A. Charisma
Explanation:
Despite the fact that the managers will be on the receiving end of job cuts, they still support the management decision to reduce the work force, this show an extraordinary leadership support.
The money is serving as a medium of exchange. You are exchanging money, which represents the ability to purchase any good of equal value, for the sandwich and bag of chips.
Answer:
D: $8,580
Explanation:
Land = $7,400*$ 15,600/13400
= $8,580
Therefore, The amounts would be debited to the Land account is $8,580.
The answer to the blank space is credence attribute. Credence attribute refers to how a good or service cannot be evaluated by consumers even after using it – even though the consumers feels the perceived value.
In the example of the question, Eric clearly doesn’t quite understand the expertise of the surgeon and is unable to evaluate it but nevertheless he benefits from it through his hernia surgery.
