Answer:
The clause is an illegal provision.
Explanation:
An illegal provision is a clause or condition that is unenforceable by it's very nature. Kevin owns all the legal interest in the apartment. Jon has no legal interest in the apartment.
A legal interest refers to the right to legally possess and use a property. This right is enforceable under the law.
If Jon as a broker co-owns the apartment, then the clause or provision he inserted becomes legal. Given that he doesn't, the clause is void <em>ab initio.</em>
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If Randolph co. has sales of $3,000,000, net income of $200,000, and total asset turnover of 1. 5x
<u>Return on Assets</u>:
ROA = Profit margin x Asset turnover
ROA=($200,000/$3,000,000) x 1.5 = 0.099
Return on assets compares the asset worth of a company with the profits it makes over a predetermined time period. Managers and financial analysts use return on assets as a measure to assess how well a company is utilizing its resources to generate profits.
An effective indicator for assessing a single company's performance is return on assets. When a company's ROA increases over time, it shows that it is extracting more profit from every dollar of assets it owns. Typically, a ROA of 5% or above is seen as good; a ROA of 20% or higher is regarded as great.
To know more about return on assets
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The current trend that Jamila should take advantage of is by choosing to seek capital from (D) venture capitalists.
Venture capitalists are a typically a type of firm that specializes in investing on startup companies and small businesses that they believe would have great long-term growth. Generally, this type of firm not only support the business owner through financing, but also by helping them grow the business through various other types of support.
