Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
Answer:
x = -1
Step-by-step explanation:
When an exponent is negative, you have to move it to the denominator (or to the numerator if it's already on the denominator). Since the answer is , you know that the 2 has been raised to the power of 1 (any number to the power of 1 is the same number), so you just make it negative. Hope that helps!
Step-by-step explanation:
7=4y-13
7+13=4y
20/4=y
5=y
Answer:
You can choose one senator in 2 ways from the first of the 3 states; in 2 independent ways from the second of the 3 states; and in 2 independent ways from the third of the 3 states.
Step-by-step explanation:
So the answer to that question is 2*2*2*19600 which = 156800 way
Step-by-step explanation: