<span>External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.</span>
Answer:
-13.562%
Explanation:
Data provided in the question:
Net operating profit margin (NOPM) = 11.4%
Net operating asset turnover (NOAT) = 3.83
Return on equity = 30.1%
Adjusted return on assets = 17.1%
Now,
Return on equity = Nonoperating Return + Return in net operating assets
or
Nonoperating Return = Return on equity - Return in net operating assets
Also,
Return in net operating assets = NOAT × NOPM
or
= 3.83 × 11.4%
= 43.66%
therefore,
Nonoperating Return = 30.1% - 43.66%
= 30.1% - 43.662%
= -13.562%
<span>The
court most likely found that the statute, as it applied to Hershberger, was unconstitutional
under the free exercise clause since the state argued that the law applied to
all equally and Hershberger stated that he was willing to display the sign if
he could use silver, instead of red, reflective tape, which was equally
effective. </span>
