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Paraphin [41]
3 years ago
13

Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. What is Planet's ret

urn on investment (ROI)
Business
1 answer:
Vadim26 [7]3 years ago
4 0

Answer:

36.36%

Explanation:

Return on investment is given as;

Profit / Cost of goods sold × 100%

Given that profit is $12,000 and sales is $45,000 ;

Cost of goods sold

= $45,000 - $12,000

= $33,000

Therefore, return on investment is

= 12,000 / 33,000 × 100%

= 36.36%

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James was transferred by his company to go work in Hong Kong for six months. His headquarters in Dallas, Texas, assured him that
kogti [31]

In this case, I would consider the situation that James faces here to be a very common situation between bosses and their employees.

<h3>How the company should have handled the situation</h3>

1. The issue that James faces with the company is a common situation that workers face in the hands of their bosses. They are transferred from place to place and in a bid to keep their jobs, they go without complaints. The company should have been able to keep to its initial agreement with him. But we can see that not properly addressing his concerns would make them lose him. The company should have made open their demands to him in the first place.

2. In this case, the company has to be held responsible if James decides to leave. This is because they have not tried to keep to their word and they have not tried in any way to do things that would pacify James either. His requests are not taken seriously.

3. Due to the fact that I take integrity and words seriously, I would leave the company to a competitor because I would find it difficult to continue working in an environment were I have to give my all and still be unheard.

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6 0
1 year ago
What is the correlation coefficient of the relationship between the average weekly hours spent studying and the score on the fin
BabaBlast [244]

Answer:

hello some parts of the question is missing attached below is the missing part

answer : Multiple R = 0.5049  (correlation coefficient )

Explanation:

The correlation coefficient of the relationship between the average weekly hours spent studying and the score on the final exam can be determined/calculated via the relationship between the average weekly hours spent studying and the score of the final exam.

To find the correlation coefficient we will find the square root of R squared

\sqrt{R - SQUARED } = \sqrt{0.2549} =  05049

3 0
3 years ago
A sales associate has been hired to write blog posts that will be regularly published on a blog about new beauty products. The b
zloy xaker [14]

"A sales associate has been hired to write blog posts that will be regularly published on a blog about new beauty products." Social Media Planning is part of the e-commerce timeline. This is further explained below.

<h3>What is Social Media Planning?</h3>

Generally, A social media strategy, or strategy for using social media, is a comprehensive list of all the things you want to do and accomplish on your various social media sites.

In conclusion, "A sales associate has been employed to create blog entries that will be routinely published on a site about new beauty items," the sentence said. "The blog will discuss new beauty products." The planning of social media campaigns is included in the e-commerce timeline.

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6 0
1 year ago
Starbucks is a global company that provides high-quality coffee products. Assume that as part of its expansion strategy, Starbuc
goldenfox [79]

No, there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

Given that Starbucks purchased bonds with $ 7 million face value at par for cash on July 1 of the current year and the bonds pay 7 percent interest the following June 30 and December 31 and mature in three years.

We are required to tell whether there is requirement of any recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

A bond is basically a debt security, similar to an IOU and borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When we buy a bond, we are lending to the issuer, which may be a government, municipality, or corporation.

There is not any requirement of any recording when the fair value decreases to $600000 because it is not affecting our books of accounts because in our books they are recorded at face values.

Hence there is not any requirement of recording when the fair value of bonds decreases to $6000000 on December 31 of the current year.

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7 0
1 year ago
Luxury items in a budget come from _____. A. an income B. a deficit C. fixed expenses D. savings
Scrat [10]
Luxury items in a budget come from : D. Saving

People tend to buy luxury items after the other crucial needs are met, which means that it will be most likely that the budget came from the income that is intended for saving

hope this helps
3 0
3 years ago
Read 2 more answers
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