Answer:
15%
Explanation:
Average Assets = (Opening asset + Closing asset) / 2
Average Assets = ($1,500,000 + $1,700,000) / 2
Average Assets = $3,200,000 / 2
Average Assets = $1,600,000
Return on assets = Net Income / Average assets
Return on assets = $240,000 / $1,600,000
Return on assets = 0.15
Return on assets = 15%
They include: planning, organizing, leading, and controlling.
Answer:
The company paid $278,031
Explanation:
Giving the following information:
A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.
<u>To calculate the past value of the land, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= present value (20 years ago)
n= 20
FV= 575,000
i= 0.037
PV= 575,000 / (1.037^20)
PV= $278,031
Answer:
Loans and deposits would increase by the same amount as the deposit
The source of this issue is workgroup information systems that have been built separately (probably out of necessity). Usually an IT department would develop interacting systems so all workgroups could share. It is so dependent on resources for information systems, hardware, software, programmers, screeners to develop a needs assessment. Someone would need to evaluate each individual system to see the similarities and differences and how it us being used. What was it developed to accomplish? Maybe integration can happen rather than starting from scratch.
