Answer:
There are two ways in which Return on Assets can be calculated depending on whether we consider Total assets at year-end or average total assets.
1
or
2
Substituting the values in equation 1 we get,
![Return on Assets = \frac{25500}{316000}](https://tex.z-dn.net/?f=Return%20on%20Assets%20%3D%20%5Cfrac%7B25500%7D%7B316000%7D)
![Return on Assets = \frac{25500}{316000}](https://tex.z-dn.net/?f=Return%20on%20Assets%20%3D%20%5Cfrac%7B25500%7D%7B316000%7D)
Substituting values in equation 2 we get,
![Return on Assets = \frac{Net Income}{\frac{Assets at beginning + Assets at year end}{2}}](https://tex.z-dn.net/?f=Return%20on%20Assets%20%3D%20%5Cfrac%7BNet%20Income%7D%7B%5Cfrac%7BAssets%20at%20beginning%20%2B%20Assets%20at%20year%20end%7D%7B2%7D%7D)
![Return on Assets = \frac{25500}{\frac{216000 + 316000}{2}}](https://tex.z-dn.net/?f=Return%20on%20Assets%20%3D%20%5Cfrac%7B25500%7D%7B%5Cfrac%7B216000%20%2B%20316000%7D%7B2%7D%7D)
![Return on Assets = \frac{25500}{266000}](https://tex.z-dn.net/?f=Return%20on%20Assets%20%3D%20%5Cfrac%7B25500%7D%7B266000%7D)
![Return on Assets = 0.095864662 or 9.58%](https://tex.z-dn.net/?f=Return%20on%20Assets%20%3D%200.095864662%20or%209.58%25)
Answer:
The material wealth of society is determined by the economy's productive capacity, which is a function of the economy's real assets.
Explanation:
Production capacity or <em>productive capacity</em> is the maximum level of activity that can be achieved with a given productive structure. The study of capacity is essential for business management in that it allows analyzing the degree of use made of each of the resources in the organization and thus have the opportunity to improve them.
<em>Real assets</em> are physical assets that have value due to their substance and properties. Real assets include precious metals, raw materials, real estate, agricultural land, machinery and oil. They are appropriate for inclusion in more diversified portfolios due to their relatively low correlation with financial assets such as stocks and bonds.
Answer: 40,000 to buy the part
Explanation:
Cost to buy : $55/ 10,000= 550,000
Cost to manufacture: (12+25+13+9)=59
The difference: $4/10,000= 40,000
Answer:
export import net export
1. increases unchanged increases
2. unchanged increases decreases
3. unchanged increases decreases
4. unchanged increases decreases
5. increases unchanged increases
Explanation:
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Net export would increase when export occurs and decrease when import occurs
Net export = exports – imports
When the French historian visits the US museum and the European family visits Disney, they are enjoying US services, thus export increases and net export increases
The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export
Answer:
d. $6,120 U
Explanation:
Calculation to determine the materials price variance for the month
Using this formula
Materials price variance = (AQ × AP) – (AQ × SP)
Let plug in the formula
Materials price variance = $138,600 – (7,200 meters × $18.40 per meter)
Materials price variance = $138,600 – $132,480
Materials price variance = $6,120 U
Therefore Materials price variance is $6,120 U