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8_murik_8 [283]

2 years ago

8

Last year your store had total sales of $175,000. Due to an economic downturn, you expect sales to decrease by 3% per year for t

he next 2 years. What are expected sales at the end of 2 years?

1 answer:

Natali5045456 [20]2 years ago

8 0

Answer: $164,658

Explanation:

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

Mandarinka [93]

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.

8 0

3 years ago

Purchases that have substantial social or economic consequences: question 13 options: represent routine purchases that pose litt

lana66690 [7]

<span>Purchases that have substantial sociale or economic consequences represent high-involvement purchase decisions because they require a deep scrutiny phase where positive consequences are compared with negative ones to understand if benefits outweigh losses and are desirable for society.</span>

7 0

3 years ago

For each growth rate below, use the rule of 70 to calculate how long it will take incomes to double. Instructions: Round your an

STatiana [176]

Answer:

Explanation:

Rule 70 is used to estimate how long it tales a cashflow amount to double.

The formula is as follows ;

Number of years = 70 / growth rate

<u>At 1.4% growth rate;</u>

Number of years = 70 / 1.4 = 50

<u>At 3.2% growth rate;</u>

Number of years = 70 / 3.2 = 21.88

<u>At 4.9% growth rate;</u>

Number of years = 70 / 4.9 = 14.29

<u>At 6.4% growth rate;</u>

Number of years = 70 / 6.4 = 10.94

<u>At 7.5% growth rate;</u>

Number of years = 70 / 7.5 = 9.33

4 0

3 years ago

Find the square root of 31-4√21

rjkz [21]

Explanation:

3x+4=-2 hope that helps.

7 0

3 years ago

Check My Work Dressed to a Tee received a promissory note of $8,000 for 10 months at 6% simple interest from one of its customer

nikklg [1K]

Answer:

$8,120

Explanation:

<em>To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.</em>

Gross proceed= P + (P×R×T)

P- 8,000 R- 6%, T- 10/12

Gross proceed = (8,000 + 8,000× 6%× 10/12)

= $8,400

Discount charges = Gross proceed × discount rate × time to maturity

Time to maturity = 10 - 5 = 5 months

Discount rate - 8%, Time- 5/12

Discount charges = 8400× 5/12× 8% = $280

Proceeds to be received = $8,400 - $280

= $8,120

5 0

3 years ago