1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RUDIKE [14]
3 years ago
11

Oahu Industries' average total assets for the year are $4,000,000, its average total stockholders' equity for the year are $3,00

0,000, its net income is $800,000, its gross margin is $2,000,000, and its net sales are $10,000,000. What is Oahu's return on assets? Group of answer choices
Business
1 answer:
Mandarinka [93]3 years ago
8 0

Answer:

20%

Explanation:

Return on assets is a profitability ratio that shows how much in net income a company is able to generate from its assets.

It is a financial measure that shows the net profit a company is able to generate per $1 invested in assets.

Mathematically,

Return on asset = net income/average total asset

= $800,000/$4,000,000

= 0.2

= 20%

This means that the company's management is a to generate a net income of 20 cents for every $1 invested in assets.

You might be interested in
Under the Customer Information Program (CIP) rules, a person's status as a customer equates with account holders. Which activity
Len [333]

Answer:

A

Explanation:

This is because it is only an account under a bank that can purchase a general purpose reloadable prepaid cards with an activated overdraft feature.

6 0
3 years ago
Who appoints the chairman of the board of governors of the federal reserve system ​
ELEN [110]

The chair is nominated by the President of the United States from among the members of the Board of Governors, and serves a term of four years after being confirmed by the United States Senate.

7 0
3 years ago
Read 2 more answers
Matthew Granger is a member of the board of directors at Produxicore Inc. Over a period of one year, Matthew failed to attend mo
FrozenT [24]

Answer: Negligence of duties

Explanation:

As a board member it's one of his primary duty to keep abreast of the firm performance. Not been aware for a year on the excuse of not been informed and not seeking to find out personally shows a negligence of duties.

7 0
3 years ago
Write a sample professional greeting you would use when performing a cold call at a business for the purpose of delivering your
allochka39001 [22]
<span>Good day! This is [insert name here]. I am interested in applying for a position with your company and I am calling to see if I can make an appointment with human resources to submit my resume. May I know who I should talk to regarding this? Thank you very much!</span>
8 0
3 years ago
Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on what?
Allisa [31]

Answer: his or her unique values and benefits

Explanation: I just got it right

4 0
3 years ago
Read 2 more answers
Other questions:
  • On March 1, Year 1, Gilmore Incorporated declared a cash dividend on its 1,500 outstanding shares of $50 par value, 6% preferred
    14·1 answer
  • The first program charges a $35 membership fee and $5 for each class. The second program does not have a membership fee, but cha
    7·1 answer
  • Which property classification would include tools?
    14·2 answers
  • A stock has a beta of 1.28, the expected return on the market is 12%, and the risk-free rate is 4.5%. Using the CAPM, what is th
    6·1 answer
  • Suppose you have some extra money to invest for 1 year. After a​ year, you will need to sell your investment to pay tuition. Aft
    9·1 answer
  • The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses
    15·1 answer
  • Compared to World War II, World War I was (more/less/equally) devastating to the agriculture community. Choose the correct answe
    13·2 answers
  • If the cost of steel increases, then the supply of cars will shift and this shift would cause a shortage of cars to open up at t
    14·1 answer
  • Which of the following would normally fall under general education requirements at a college?
    14·1 answer
  • A company's $100, 8% preferred is currently selling for $85. What is the company's cost of preferred equity?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!