Answer:
Return on Assets = 159.52%
Profit Margin = 11.75%
Asset Turnover Ratio = 1.36 times
Explanation:
The computation of return on assets, profit margin, and asset turnover ratios is shown below:-
a. Return on assets
Average Total Assets = Assets in the beginning + Assets at the end ÷ 2
= ($80 million + $88 million) ÷ 2
= $168 ÷ 2
= $84 million
Return on Assets = Annual Net Income ÷ Average Total assets
= $13.4 million ÷ $84 million
= $159.52 million
b. Profit Margin
Profit Margin = Net Income ÷ Net Sales
= $13.4 million ÷ $114 million
= 11.75%
c. Assets turnover ratio
Average Total Assets = Assets in the beginning + Assets at the end ÷ 2
= ($80 million + $88 million) ÷ 2
= $168 ÷ 2
= $84 million
Asset Turnover Ratio = Net Sales ÷ Average Total assets
= $114 million ÷ $84 million
= 1.36 times
C) Identity Theft
If you look at the news when security breaches happen there’s often a very high risk of identity theft to those affected
Answer:
I would say B
Explanation:
I think it is B because first of all why would you want to use someone else's review. Their review is irrelevant.
It isn't C because you aren't reviewing their review.
Also D just doesnt make sense mate
Answer:
-$13 million
Explanation:
Given that,
Budget surplus by the end of 2013 = $286 million
Budget deficit in 2014 = $425 million
Budget surplus in 2015 = $100 million
Budget deficit or surplus in 2016 is unknown.
National debt at the end of 2016 = $52 million
National Budget surplus/ deficit at the end of year 2015:
= Budget balance of 2013 + Budget balance of 2014 + Budget balance of 2015
= $286 million + (-$425 million) + $100 million
= -$39 million
So the government will fund this deficit by taking debt of $39 million.
National debt at the end of 2016 = Total debt till 2015 + Surplus/deficit for year 2016
-$52 million = (-$39 million) + Surplus/deficit for year 2016
- $52 million + $39 million = Surplus/deficit for year 2016
-$13 million = Surplus/deficit for year 2016
This is budget deficit of $13 million because debt increased by 13 million in 2016.
<u>Given:</u>
Wages payable at the beginning of the year = $1500
Wages payable at the end of the year = $5000
Salaries and wages expense as per the income statement = $112400
<u>To find:</u>
Cash paid for salaries and wages
<u>Solution:</u>
The calculation of the cash paid for salaries and wages is as follows,
Wages payable at the end of the year-Wages payable at the beginning of the year = 
Cash paid = 
Therefore, the cash paid for salaries and wages during the year is $1,08,900.
Wages and salaries are paid by the organization or management to the workers or the employees in return for the work done by them for the company.
