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r-ruslan [8.4K]
3 years ago
12

The balance sheet of Sub America reports total assets of $400,000 and $450,000 at the beginning and end of the year, respectivel

y. The return on assets for the year is 10%. What is Sub America's net income for the year?
Business
1 answer:
Rudiy273 years ago
6 0

Answer:

$42,500

Explanation:

Given that,

Beginning total assets = $400,000

Ending total assets = $450,000

Average total assets = (Beginning total assets + Ending total assets) ÷ 2

                                   = ($400,000 + $450,000) ÷ 2

                                   = $425,000

Return on assets = 10%

Net Income ÷ Average total assets = 0.1

Net Income ÷ $425,000 = 0.1

Net Income = 0.1 × $425,000

                   = $42,500

Therefore, the Sub America's net income for the year is $42,500.

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Concussions and Brain Size A recent study1 examined the relationship of football and concussions on hippocampus volume in the br
Gwar [14]

Answer:

Part A: Null hypothesis. H₀: M₁ = M₂

Alternative hypothesis, H₁ : M₁ > M₂

Part B: x1-x2 = 6459-5735 = 724

Part C: p-value = 0.000

Part D: No, the difference in brain size is not due to random chance

Explanation:

See attached image

5 0
3 years ago
Which industry, more than any other, brought the West into the global economy of capital, commodities, and labor?
My name is Ann [436]

Answer:

mining

Explanation:

Based on the information provided within the question it can be said that the industry that managed to accomplish this was the mining industry. This industry was the main push on bringing the west into the global economy, as the west mined precious metals such as gold which since there is only a fixed amount it is considered a very valuable commodity which would give those who had it a large capital. Also in order to mine the gold and other precious metals the companies needed a large number or laborers.

4 0
3 years ago
Suppose that a monopolist sells a product to men and women. If the firm sets a single price, the monopolist would produce 100,00
matrenka [14]

Answer:

Monopolist can charge a higher price from women.

Explanation:

A monopolist is producing 100,000 units of a product.  

The price of the product is $5 per unit.  

The price elasticity of demand for men at this price is -3.5.

The price elasticity for women, on the other hand, is -0.8.

This means that the men have a relatively elastic demand for the product. While on the other hand, women have relatively inelastic demand. This implies that if the price is increased the demand from women will not change by a greater proportion.  

While demand from men can change to a greater proportion because of a change in price.  

In this situation, the firm can charge a higher price from women. This is an example of third-degree price discrimination.

3 0
2 years ago
Government ownership in Sweden is limited primarily to railroads, mineral resources, a public bank, and liquor and tobacco opera
joja [24]

Answer:

The options are given below

a. socialism.

b. social capitalism.

c. democratic socialism.

d. capitalism.

The correct option is C. democratic socialism.

Explanation:

Democratic socialism refers to a political idea that supports political democracy within an economy that is socially owned. In this philosophy, emphasis in placed on workers' self-management and the democratic control of economic institutions within a market socialist economy or some form of a planned socialist economy in which power is decentralized.

Democratic socialists believe that both the economy and society should be run democratically, in order to meet the needs of the general public, and not to make profits for a selected few.

In Democratic Socialism, the aim is not to create an all-powerful government bureaucracy, the belief is that, social and economic decisions should be made by those whom they most affect.

4 0
3 years ago
"You purchased GARP stock one year ago at a price of $68.54 per share. Today, you sold your stock and earned a total return of 1
tankabanditka [31]

Answer:

$6.66

Explanation:

18.91% of $68.54 is around $3.62. You would add that to $3.04 to get $6.66, which is the capital gains you received on your investment.This is just for one share/stock.

4 0
3 years ago
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