Answer:
Explanation:
A. Profit margin*Total asset turnover=Return on assets(investment)
0.07*TAT=25.2
TAT=360
B. Return on equity=Return on assets/(1-debt/assets)=25.2/(1-0.5)=50.40%
C. Return on equity=Return on assets/(1-debt/assets)=25.2/(1-0.35)=38.77%
Answer and Explanation:
The short and long term significance of the mcnary-haugen bill and the boulder canyon project was that the plan was to relieve American agriculture by raising prices of all farm products. Although this was for the government to buy wheat but it would negatively affect farmers, so Coolidge went ahead to vetoed the bill.
The Boulder Canyon Project was to effectively construct a dam and provide hydroelectric power as well as to provide flood control which is why The dam which is also known as the Hoover dam, helps to provided lots of scientific information needed.
Answer:
no fiduciary relationship has been established
Explanation:
Based on the information provided within the question it can be said that in this scenario no fiduciary relationship has been established. A fiduciary is a person who holds a legal or ethical relationship that revolves around trust with another person or group. This type of person usually handles money for other people. In this scenario though, since the individual is just taking over temporarily for the couple and is not handling the couples house purchase, then no relationship has been established.