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
alexgriva [62]
4 years ago
12

Bamp Co. has net income of $48,200, sales of $947,100, a capital intensity ratio of .87, and an equity multiplier of 1.53. What

is the return on equity? A. 6.77 percent B. 5.93 percent C. 8.95 percent D. 12.21 percent E. 14.09 percent
Business
1 answer:
vodomira [7]4 years ago
4 0

Answer:

Option C is correct (8.95%)

Return on equity is 8.95%

Explanation:

Option C is correct (8.95%)

Return on Equity:

It is the measure of how well company is making profit in relation to stock holder equity.

General Formula formula for return on equity is:

ROE= Net Income/Shareholder Equity

In our Case:

Formula will become:

ROE=\frac{Net\ Income}{Sales*Capital\ Intensity\ Ratio}* Equity\ Multiplier

Net Income= $48,200

Sales=$ 947,100

capital intensity ratio=0.87

equity multiplier=1.53

ROE=\frac{\$48,200}{\$947,100*0.87}*1.53\\ROE=0.08950\\ROE=8.95\%

Return on equity is 8.95%

You might be interested in
Electronic funds transfers ________. a) are a way of moving cash by paper documents b) do not appear on the bank statement c) in
Elanso [62]

Answer:

The correct answer is c) Include direct deposits and debit card transactions.

Explanation:

Electronic Fund Transfers (EFT) is an electronic transaction that moves money from one account to another. The accounts can be from the same institution of from different ones, and are processed through the Automated Clearing House (ACH). The ACH is a system that connects all the financial institutions in the United States.

EFTs are paper free and do not need human intermediaries to go through with a transaction. These can be done through direct deposits, wire transfers, debit cards, electronic checks, ATMs, personal computer banking and others.

6 0
4 years ago
According to the documentation of a survey conducted by the Ethics and Compliance Officers Association survey, which of the foll
sp2606 [1]

Answer:

D, Conducting investigations of wrongdoings.

Explanation:

An ethics officer has the responsibility of developing and supervising the ethics of an organisation.

The develpment and supervising of ethics ranges from maintaining professional ethisc or industry ethics or implementation of an a compliance program, development of a compliance program as well as other option listed in the question.

Conducting investigations is not one of the most important responsibilities of an ethics officer and thus ranks lowest.

Cheers.

6 0
3 years ago
Toyoda Company buys gas pedals and other parts from subcontractors and puts them in its vehicles without changing their composit
julia-pushkina [17]

Answer:

Toyoda and the subcontractors.

Explanation:

According to UCC Article 2, both the manufacturer and the subcontractor are liable for any damage caused by any defects.

This situation happened (and continues to happen) with the Takata airbag recall, where several car manufacturers and Takata were liable for defective airbags. Takata already filed for bankruptcy, so the car manufacturers deal with the recalls themselves. Both of them are liable for the defective airbags even though Takata manufactured them.

3 0
3 years ago
When the economy falters, people often look to the government to help push the economy forward again. In fact, the government us
Anna [14]

Answer:

Monetary policy and Fiscal policy

Explanation:

There are two types of policies that the government uses to affect the economy. The first one is

1) Monetary policy is the use of changing interest rates or money supply to to affect the economy. For example if a government wants to slow down an economy they will increase interest rates so that the demand for money decreases and there is less investment in the economy. This is known as Contractionary monetary policy.

2) Fiscal policy is when the government changes tax rates or government spending in order to affect the economy, so if a government wants to boost an economy it will lower taxes to encourage business and this is known as expansionary fiscal policy.

8 0
3 years ago
Which of these are most likely to be victim of information systems incidents like hacking?
fenix001 [56]
C. Finacial is the answer.
Welcome
8 0
4 years ago
Other questions:
  • "Inadequate disclosure generally occurs through misrepresentations about the nature and products of the company through which me
    8·1 answer
  • given that c=$500 + 0.8yd, if the level of disposable income is $1,000, the level of saving is a)$300. b)-$300 c)$500 d)-$1,300
    5·1 answer
  • How did the k-abc differ from the stanford-binet and wechsler tests?
    10·1 answer
  • In times of falling prices, choosing LIFO over FIFO as an inventory cost method would affect the financial statements as follows
    13·1 answer
  • Assume that the reserve requirement is 20 percent. First National Bank has vault cash and deposits with the Fed of $80 million,
    12·1 answer
  • Pick the false statement from below. Multiple Choice Expectations of lower inflation rates in the future tend to lower the slope
    13·1 answer
  • Tell me about a time when you made a mistake.. How did you find it and what did you do to correct it?
    11·1 answer
  • Some employers offer forms of employer compensation in addition to pay these are usually things like healthcare retirement and p
    6·1 answer
  • A couple is required by their lender to have a down payment of 20% of the purchase price of the home they want to buy. If the co
    8·1 answer
  • As a firm becomes more established, who will be more likely to provide financial capital to the firm?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!