Ask question

Ask question

All categories

katen-ka-za [31]

2 years ago

8

(TCO C) Oceanside bank converts a dollar of equity into 10 cents of net income and has $9.50 in assets per dollar of equity capi

tal. Oceanside also has a profit margin of 15%. What is Oceanside’s AU ratio? Group of answer choices 1.05% 3.55% 5.56% 6.45% 7.02%

1 answer:

ZanzabumX [31]2 years ago

7 0

Answer:

7.02%

Explanation:

(0.10/9.5)/0.15 = 7.02%

You might be interested in

A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t

Katarina [22]

The impact would be that the average size of the inventory will increase.

If the manager has decided to double the production batch size then the average size of the inventory will also increase.

<h3>What is an inventory? </h3>

In general terms an inventory refers to all the goods, items, products, which are a part of the business organization.
For different industries the inventories have different meanings.
Manufacturing industry: the inventory is not only the finished or the final product but also the raw materials are included.
Service industry: the inventory of the service industry includes the steps involved in the sales of the product.
Raw materials, finished goods, work that is in process etc.. all of this is inventory.
Inventory is an important asset for all businesses and it is important to understand the meaning of it.

To learn more about inventory visit: brainly.com/question/14179825?

#SPJ4

6 0

1 year ago

Using an advertising agency is a cost-effective way for a small business to advertise its products or services.

emmainna [20.7K]

True !! Can I be marked as brainliest ?!

8 0

3 years ago

Hillside issues $2,600,000 of 5%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31

Amanda [17]

Answer:

1.- thwe cash payment are the same for each period as the coupon bond rate is fixed:

2,600,000 face value x 5% coupon rate / 2 payment per year = <em>65,000</em>

<em>On the last payment, we are going to calculate 65,000 + face value</em>

<em>2,600,000 + 65,000 = 2,665,000</em>

<em>2.- amortization per period 19,513</em>

<em>3.- interest expense per period 45,487</em>

<em>4.- 45,487 interest expense per period x 30 payment dates = 1,364,610</em>

cash 3,182,390 debit

bonds payable 2,600,000 credit

premium on BP 585,390 credit

-- to record issuance --

interest expense 45,487 debit

premium on BP 19,513 debit

cash 65,000 credit

-- entry for each payment date--

Explanation:

proceeds: 3,182,390

face value: 2,600,000

premium: 585,390

amortization per period:

585,390 / 30 payment = 19,513

This will be the amortization on the premium on bonds payable for each payment

3.- as the amortization is fixed under straight-line method the interest expense is also fixed:

65,000 cash proceeds - 19,513 amortization = 45,487 interest expense

6 0

3 years ago

What term is used to mean employee expertise and politeness and their ability to convey trust?

melomori [17]

Answer:

The term is Assurance

Explanation:

Assurance is the term that is used to mean employee expertise and politeness and their ability to convey trust. It refers to the employee's knowledge and courtesy and thereby shows his ability to convey trust.

Employees that possess the virtue of assurance in the workplace give their employers the opportunity to trust them. Such employees perform well at work.

4 0

3 years ago

If the slope of a straight line is minus3 and if Y (the variable on the vertical axis) decreases by 6, then X (the variable

Sergio039 [100]

Answer:

X (the variable on the horizontal axis) will increases by 2.

Explanation:

The slope of a straight line is -3. So, m=6.

Slope of a straight line is

$m=\dfrac{Rise}{Run}=\dfrac{\text{Change is y}}{\text{Change in x}}$

Y (the variable on the vertical axis) decreases by 6.

Change is y = -6

We need to find the change in (the variable on the horizontal axis).

Substitute the given values in the above formula.

$-3=\dfrac{-6}{\text{Change in x}}$

$\text{Change in x}=\dfrac{-6}{-3}$

$\text{Change in x}=2$

Note: All options are incorrect.

Therefore, X (the variable on the horizontal axis) will increases by 2.

5 0

2 years ago