The net income of the firm is $1,200
<h3>What is net income?</h3>
Net income refers to the amount an individual or business makes after deducting costs, allowances and taxes.
Net profit is also amount of money a business earns after deducting all operating, interest, and tax expenses over a given period of time.
First, we know that:
Return on equity
= Net income / Total equity
Fixing the given values, we'll have
20% = Net income / $6,000
Net income = $6,000 * 20%
Net income = $1,200
Therefore, net income of the firm is $1,200
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Answer:
True
<h3>
What is an Information system?</h3>
- An Information System (IS) is a set of interrelated components that work together to collect, process, store, and disseminate information to support decision-making.
- They also support the coordination, supervision, analysis, and visualization of an organization.
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Answer: Domestication.
Explanation:
Domestication is a method of contoling foreign investment in a country by setting limits to what a foreigner can own in a country. Domestication ensures that the owners of major investments in a country are majorly citizens of that country.
<h2>segment and company financial goals are congruent.</h2>
Explanation:
I think the options are missed and hence given below for your reference:
a) decision-making is made by the top executives.
b) investments made by each segment are minimized.
c) identification of operating segments that should be closed.
d) segment and company financial goals are congruent.
Let us understand the meaning:
Congruent: It means two or more things coincides when superimposed.
Financial goals: The target which needs to be achieved in the current financial year.
Segments: Segment speaks about the location, product or service provided by the company.
Financial goals are necessary so that it would be easy to organize and work towards the specific goal.
For the business goal to be achieved, every organization should frame financial targets or goals.
So the important goal is to achieve segment and company financial goals and they become congruent when achieved.
In order for earnings from a second or part-time job to be considered as part of a lender’s income evaluation, the applicant must have been employed for at least two years, and the employment must be expected to continue.
The basis for one's pleasure or dissatisfaction with their financial condition can be defined as income evaluation. Additionally, it might engender a sense of fairness or unfairness in how income is distributed, which might bring about societal change or stabilize the situation.
Investors can determine a property's market worth based on the income it is currently producing by using the income approach to appraisal. Investors can assess if a deal fits their aims and requirements by understanding the cash flow property can produce.
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