Return on assets is equal to<u> </u><u>a.</u><u> profit margin times asset turnover.</u>
An asset is a resource with a financial fee that a man or woman, enterprise, or country owns or controls with the expectancy that it will provide a destiny benefit. belongings are said on an employer's stability sheet. They're offered or created to increase a firm's fee or gain the firm's operations.
Despite all that in mind, an automobile is an asset due to the fact you may speedy advertise and convert it to coins, albeit for less than what you paid. That alone makes it an asset via definition. It is those added expenses and the steady decline in cost that make a car a depreciating asset.
Suitable properties are gadgets you could spend money on a good way to produce earnings for you like stocks, rental homes, actual property crowdfunding initiatives, and a web enterprise. these also can respect in cost overtime except producing money for you.
Learn more about assets here brainly.com/question/25746199
#SPJ4
Answer:
$40,000
Explanation:
If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.
Answer: $80,000
Explanation:
Given that,
Annual interest rate = 6%
Lease term = Eight month
Monthly payment at the end of each month = $10,000
King cones earning reduced by $10,000 per month.
Therefore,
Lease Expense = Monthly payments × Lease term
= $10,000 × 8
= $80,000
Above is the lease expense for the eight month term, ignoring taxes.
