Answer:
1. 20%
2. 25.20%
3. 24.00%
Explanation:
1. The computation of return on investment is shown below:-
Return on investment = Operating income ÷ Average operating assets
= $70,000 ÷ $350,000
= 20%
2. The computation of return on investment (ROI) is shown below:-
Return on investment = Operating income ÷ Average operating assets
= ($70,000 + $18,200) ÷ $350,000
= $88,200 ÷ $350,000
= 25.20%
3. The computation of return on investment (ROI) is shown below:-
Return on investment = Operating income ÷ Average operating assets
= ($70,000 + $14,000) ÷ $350,000
= $84,000 ÷ $350,000
= 24.00%
So, we have applied the above formula.
Answer:
Countries by and large use export appropriations to build up their specific industry particularly the one where they believe they have a similar favourable position. The instance of Japan is the same since it likewise utilized appropriations to its recently created microchip industry which was not being grown anyplace else on the planet. A specific mechanical approach is a fruitful when the modern development is expanded and the business generally turns into a develop one because of exchange and rivalry.
Another important condition for the mechanical arrangement to be effective is that the business can create benefits in the territory in which the nation has a relative bit of leeway. Japan experienced development of its microchip industry so the primary condition was satisfied however the last condition was not on the grounds that different nations on the planet began utilizing microchip as a ware that drastically marked down its cost and expanded rivalry so the endeavour stayed a low benefit one. This suggests the legislature must have adequate data about the Industry that it will build the benefit of the segment wherein the nation has a relative favourable position.
A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.
This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.
Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.
Learn more about sole proprietorship here:
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Answer:
b. Ticket prices will be higher because each team is a monopoly in the city.
Explanation:
A monopoly is when there is only one firm operating in an industry. Monopoly usually have market power. They have the ability to set market prices. They usually earn economic profit in the long and short run.
Monopolies are not faced with any competition because they are the only firms operating in an industry.
Because there are usually only one major league in each town, the teams are monopolies, they have the ability to set high prices and do not face competition.
I hope my answer helps you