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3 years ago

One of the reasons that organized crime has been around so long is that it provides goods and services that society wants.

Business

1 answer:

Tatiana [17]3 years ago

6 0

Answer: True.

Explanation:

Organized crimes are crimes carried out by well ordered groups with the sole aim of carrying out illegal activities.

Organized crimes has been around for a long time from before the Era of sea piracy uptill date.

And although the laws of most countries frown against activities of organized crime groups, the crimes continue because some individuals in the society still demand for the goods/services of organized crime, a very popular example is the demand for sex workers who are gotten from an organized crime which is sex trafficking.

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A company has annual sales of $160 million, a net profit margin of 4%, and total assets of $90 million. It carries $10 million i

sasho [114]

Answer:

18.29%

Explanation:

Return on Equity is the net profit available for equity/ Total equity value.

Total equity = Total assets - Total debt

= $90 million - $55 million = $35 million

Earnings for equity = Annual sales $\times$ net profit margin 4%

= $160 million $\times$ 4% = 6.4 million

Therefore, return on equity = $\frac{Net\ profit\ for\ equity}{Total\ value\ of\ equity}$

= $\frac{6.4\ million}{35\ million} \times 100 = 18.2857$

Therefore, ROE = 18.29%

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3 years ago

A firm has $3,600,000 in its common stock account and $36,000,000 in its paid in capital accountThe firm issued 450,000 shares o

butalik [34]

Answer:

the issue price is $88 per share

Explanation:

The computation of the issue price is shown below:

= (Common stock + paid in capital) ÷ (Number of common shares issued)

= ($3,600,000 + $36,000,000) ÷ 450,000 shares

= $39,600,000 ÷ 450,000 shares

= $88 per share

Hence, the issue price is $88 per share

3 0

2 years ago

Alex, a 25-year-old banker, joined his friends at a "pub-hopping" trip that had participants visiting six bars in a two-hour spa

Mrac [35]

Answer:

Yes because Janine cannot void the contract

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3 years ago

The owner of a bicycle repair shop forecasts revenues of $160,000 a year. Variable costs will be $50,000, and rental costs for t

Roman55 [17]

Answer and Explanation:

The preparation of the income statement is presented below:

<u>Particulars Amount </u>

Revenue $160,000

Less:

Rental Costs $30,000

Variable Costs $50,000

Depreciation $10,000

Profit before tax $70,000

Tax at 35% -$24,500

Net Income $45,500

Hence, the net income is $45,500

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3 years ago

The risk-free rate is 5 percent and the market risk premium is 8 percent. Stock Y's beta is 1.85 and the standard deviation of i

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Answer:

Explanation:

5 0

3 years ago