Answer:
7.1%
Explanation:
Purple martin has an annual sales of $687,400
The total debt is $210,000
Total equity is $365,000
Profit margin is 5.9%
= 5.9/100
= 0.059
The first step is to calculate the net income
Net income= sales×profit margin
= $687,400×0.059
= $40,556.6
The next step is to calculate the total assets
Total assets= Total debt+Total equity
= $210,000+$365,000
= $575,000
Therefore, the return on assets can be calculated as follows
ROA= Net income/Total assets
= 40,556.6/575,000
= 0.0705×100
= 7.1%
Hence the return on assets is 7.1%
Return on equity = Earning after tax / Stockholder's equity
⇒ Stockholder's equity = Earning after tax / Return on equity = 205500 / 0.18 = $1,141,666.67
Answer: The Baldrige award aims to publicize successful quality programs, recognize quality achievements of United States companies and stimulate efforts to improve quality. (Option C)
Explanation:
The Malcolm Baldrige National Quality Award is an award that is given to United States organizations in several sectors such as manufacturing, education, services healthcare, business and non profit organizations that have performed exceptionally well. The award recognize companies for excellent performances. It is the only formal recognition of quality performance of private and public organizations that is given by the United States president.
The Baldrige award's goal is to recognize the quality achievements of organizations in the United States, publicize successful quality programs and enhance efforts to improve quality.
Answer:
2. raises interest rates, causing aggregate demand to shift to the right.
Explanation:
Expansionary Fiscal Policies try to increase Aggregate demand by :-
- Decrease in taxes by government ; or / and
- Increase in government spending
The government injecting more money in public : by reduced taxes & increased govt spending - increases the aggregate demand .
The government finances this increased public spending with same or decreased taxes - through borrowings.
The government borrowing funds reduces the loanable funds in capital market, this loans' excess demand in capital markets increase their price i.e Interest.