One of the key features of capitalism is Answer favoritism. cooperation. inequality. competition.

A firm has a return on equity of 20 percent. The total asset turnover is 2.8 and the profit margin is 7 percent. The total equit

kondor19780726 [428]

The net income of the firm is $1,200

<h3>What is net income?</h3>

Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.

Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.

First, we know that:

Return on equity

= Net income / Total equity

Fixing the given values, we'll have

20% = Net income / $6,000

Net income = $6,000 * 20%

Net income = $1,200

Therefore, net income of the firm is $1,200

Learn more about computation of net income here: brainly.com/question/24836146

4 0

2 years ago

What qualifications are the officials of lilliput expected to have in order to hold high office?

kifflom [539]

<span>The officials are expected to have a very good sense of balance. To achieve the office in the first place, the officials are required to cross a tightrope suspended above the ground, reach the middle, and jump as high as they can without falling or otherwise injuring themselves.</span>

6 0

3 years ago

Disinflation is defined as a:__________

Nina [5.8K]

Answer:

Option d (reduction in the rate of inflation) is the appropriate option.

Explanation:

Disinflation seems to be a decline throughout the pace of price growth that happens traditionally throughout a recession because this availability of commodities exceeds the threshold value for themselves.
Although unlike deflation, whenever consumer prices inevitably decline, disinflation income levels don't collapse, perhaps the inflation rate appears zero.

Some other choices being made aren't connected to the circumstance offered. So the answer above is the right one.

8 0

3 years ago

How to calculate the adjusted gross income<br>

DedPeter [7]

Answer:

Explanation:

Start with your gross income. Income is on lines 7-22 of Form 1040.

Add these together to arrive at your total income.

Subtract your adjustments from your total income (also called “above-the-line deductions”)

You have your AGI.

6 0

3 years ago

The inverse relationship between price and quantity demanded can be graphically illustrated by ______. Multiple choice question.

Oliga [24]

The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.

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<h3>What is the relationship between price and quantity?</h3>

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The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.

This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.

Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Option D is the correct statement.

learn more about law of demand:

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8 0

2 years ago