Answer:
11.11%
Explanation:
The computation of the return on assets is given below:
But before that following calculations need to be done
Total assets = Total debt ÷ Total debt ratio
= $657,000 ÷ 0.31
= $2,119,354.839
Total equity = Total Assets - Total Debt
= $2,119,354.839 - $657,000
= $1,462,354.839
Net profit = Total equity × Return on equity
= $1,462,354.839 × 0.161
= $235,439.129
And, finally
ROA = Net profit ÷ Total Assets
= $235,439.129 ÷ $2,119,354.839
= 11.11%
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The answer is : Providing election support.
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Generally, the price of <u>other goods</u> is an important determinant of demand for a product.
<h3>What are the determinants of demand? </h3>
The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.
Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.
Read more about determinants of demand
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Answer: Primary data
Explanation:
Primary data which is also referred to as raw data, is data such as readings, numbers, figures, etc. that are collected from a particular source. The primary data is the data which is collected by an individual or researcher from the first hand sources, by using methodology such as surveys, experiments or interviews. These are collected, keeping in mind the research project, directly from the primary sources.
A company that makes and sells railway cars looking for a representative and I know this because it is the best fit for his skills