Answer:
Net Income is $485.4
Explanation:
According to the accounting equation
Assets = Equity + Liabilities
So putting value of assets = 3,525, and assuming equity = x, then:
3252 = Liabilities + x
Liabilities = 3252 - x
Now putting this value in the debt to equity formula,
Debt / Equity = 0.34
(3252 - x) / x = 0.34
3252 - x = 0.34x
1.34x = 3252
x = 3252 / 1.34 = $2427 This is the value of equity.
Now
Return on Equity = Net Income / Equity
and return on equity is $2427, so by putting values in the equation, we have:
0.20 = Net Income / 2427
Net Income = $485.4
Try to find a mortgage to buy a house
Answer:
He should use a limit order.
Explanation:
Limit order is given to a broker to buy a stock at a specified price or a price that is better that the specified price. Here Debin order will be executed at a price $40 or below when he places a limit order .
Therefore, He should use a limit order.
The answer to the question is "MATRIX Structure".
The Matrix structure is a structure when the organization needs a stronger horizontal alignment or cooperation to meet goals, functionally designed organizations should adopt this structure. This type of structure is a combination of functional and divisional chains.
Answer:
a) Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.
Explanation:
Outsourcing likely to be the best solution to the firm's data processing needs because Peterson International is a trenchcoat wholesaler to retailers around the world. Sixty percent of sales orders are taken during the months of August and September. Peterson needs a system to manage online ordering and fulfillment.