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vodka [1.7K]
3 years ago
13

Chou Co. has a net income of $43,000, assets at the beginning of the year are $250,000 and assets at the end of the year are $30

0,000. Compute its return on assets.
Business
1 answer:
Scrat [10]3 years ago
7 0

Answer:

15.64%

Explanation:

Return on Assets = \frac{Net Income}{Average Total Assets}

= \frac{43,000}{(250,000 + 300,000)/2}  = \frac{43,000}{275,000}

= 0.1564

= 15.64%.

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Svetradugi [14.3K]

Answer:

Limited liability company

Explanation:

In simple words, A limited liability corporation (LLC) is a type of private company structure. It's among the most frequent legal structures for forming a company. In a comprehensive partnerships all members are accountable for the firm and have unlimited accountability for its obligations.

Thus the limited liability structure is most suitable for the two.

8 0
3 years ago
Money invested is usually used to do which of the following?
Sergeeva-Olga [200]

It should be noted that money invested is to C. Achieve long-term goals

<h3>What is money?</h3>

It should be noted that money is a means of exchange. It is required for our transactions.

When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.

Learn more about money on:

brainly.com/question/24373500

5 0
2 years ago
Celina is the manager at the local supermarket. New employee schedules are posted each week. When employees are unable to work t
rosijanka [135]

Answer:

b) wiki

Explanation:

because  emails only have one template, and can usually only go from one person to the other without overcomplicating.

firewalls are for protecting websites and private information.

blogs are usually for one person to post, and won't be as efficient and easy.

wikis are the best option because you can find various websites with templates for specific needs, especially for the workplace

5 0
3 years ago
Wildhorse, Inc., is expected to grow at a constant rate of 5.00 percent. If the company’s next dividend, which will be paid in a
MAVERICK [17]

Answer:

the required rate of return on the stock is 12.52%

Explanation:

The computation of the required rate of return on the stock is shown below:

= (Next year Dividend ÷  current stock price ) + growth rate

=  ($1.68 ÷ $ 22.35 ) + 0.05

= 0.075 + 0.05

= 12.52%

Hence, the required rate of return on the stock is 12.52%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
The following information pertains to Lee Corp.'s defined benefit pension plan for year 2:Service cost $160,000Actual and expect
serious [3.7K]

Answer:

$180,000

Explanation:

This can be calculated as follows:

Pension cost in year 2 = Service cost + Prior service cost amortization + Interest cost - Actual and expected return on plan assets

Therefore, we have:

Pension cost in year 2 = $160,000 + $5,000 + $50,000 - $35,000 = $180,000

Therefore, Lee report should $180,000 as pension cost in its year 2 income statement.

3 0
3 years ago
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