Answer:
7.3%; 12.17%; 0.6 times; 15.95%
Explanation:
Return on assets:
= Net Income ÷ Average total assets
= ($65,700 ÷ $900,000) × 100
=
7.3%
Profit Margin:
= Net Income ÷ Net Sales
= ($65,700 ÷ $540,000) × 100
= 12.17%
Asset Turnover:
= Net Sales ÷ Average Total Assets
= $540,000 ÷ $900,000
= 0.6 times
Return on Equity:
= Net Income before dividend ÷ Equity
= [($65,700 + $30,000) ÷ $600,000] × 100
= ($95,700 ÷ $600,000] × 100
= 15.95%
Answer:
Prospecting
Explanation:
Prospecting is the initial phase in the business procedure, which comprises of distinguishing potential clients, otherwise known as possibilities. The objective of prospecting is to build up a database of likely clients and deliberately speak with them with expectations of changing over them from potential client to current client. Prospecting, done right, not just makes a pipeline of potential clients, it positions you as a confided in guide.
Answer:
use socratic its in the app store
Explanation:
Answer and Explanation:
The identification of the following terms as an accounting principle, assumption or constraint is
1 Business entity = Assumption
2. Measurement = Principle
3 Cost-benefit = Constraint
4 Revenue recognition = Principle
In this way the identification of the accounting terms would be done
The same is relevant too
Answer:
option (C) $5 in the U.S. and 3 euros in Italy
Explanation:
Data provided in the question:
Nominal exchange rate, E = 0.80 euros per dollar
Real exchange rate = ![\frac{4}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B4%7D%7B3%7D)
Now,
Real exchange rate = [ Price of good in US ] ÷ [ Price of Good in Italy ]
= ![\frac{EPU}{PI}](https://tex.z-dn.net/?f=%5Cfrac%7BEPU%7D%7BPI%7D)
Here,
PU = Price of US in dollars
PI = Price of Italy in Euros
Thus,
Real exchange in rate
= ![\frac{0.8PU}{PI}](https://tex.z-dn.net/?f=%5Cfrac%7B0.8PU%7D%7BPI%7D)
or
= ![\frac{5}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B5%7D%7B3%7D)
hence,
we get
Ratio of Price of a good in US to Price of a Good in Italy = ![\frac{5}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B5%7D%7B3%7D)
or
we can say $5 in the U.S. and 3 euros in Italy
option (C) $5 in the U.S. and 3 euros in Italy