1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inessss [21]
3 years ago
11

Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year​ (in thousands).​ Manage

ment's target rate of return is​ 30% and the weighted average cost of capital is​ 15%. Its effective tax rate is​ 40%. Sales ​$6,000,000 Operating income ​1,800,000 Total assets ​1,000,000 Current liabilities ​810,000 What is the​ division's Return on Investment​ (ROI)?
Business
1 answer:
Artist 52 [7]3 years ago
8 0

Answer:

The​ division's Return on Investment​ (ROI) is 180%

Explanation:

The computation of the return on investment is shown below:

= (Operating income) ÷ (total assets) × 100

= ($​1,800,000) ÷ ($1,000,000) × 100

= 180%

The return on investment shows a relationship between the operating income and the total assets / investment.

The other information which is given in the question is not consider in the computation part. Hence, ignored it

You might be interested in
What is a broker?<br><br><br> Career Prep Edge
Colt1911 [192]

Answer:

A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.

Explanation:

A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.

Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.

Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).

5 0
3 years ago
"Net income for the period was $200,000. The retained earnings account had a beginning balance of $25,000. If the company paid d
solmaris [256]

Answer:

Retained earning balance at the end would be = $205,000

Explanation:

Retained earnings at the end = Retained earning at the beginning + Net income - Dividend paid

The net income would increase the balance of the retained earnings hence it is added to it.

The Dividend paid would be a cash outflow which would reduce the balance of the retained earnings, hence it is deducted from it.

So applying this to the question, we have

Retained earning balance at the end would be:

25,000 + 200,000 - 20,000 = $205,000

Retained earning balance at the end would be = $205,000

3 0
3 years ago
Which of the following is a major difference between a budget constraint and production possibilities frontier?
horrorfan [7]

Answer:

c

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPF is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

So, the PPF exhibits diminishing return. The slope of the PPF is different at different points. this makes the PPF a curve

the budget constraint is a straight line that shows the various combinations of goods a consumer can consume given her income. the budget constraint is a straight line because the slope is constant at each point on the curve

Also, the slope of the budget constraint is the relative prices of the two goods

8 0
3 years ago
A zero coupon bond: is sold at a large premium. can only be issued by the U.S. Treasury. has a market price that is computed usi
kupik [55]

Answer:

A zero coupon bond:

A. is sold at a large premium.

B. has a price equal to the future value of the face amount given a positive rate of return.

C. can only be issued by the U.S. Treasury.

D. has less interest rate risk than a comparable coupon bond.

E. has a market price that is computed using semiannual compounding of interest.

Answer is : B

Explanation:

In classification of bonds we have a unique type of bond known as Zero-coupon bonds also know as Pure discount bonds, unlike traditional bonds they don’t pay coupon instead they are sold on discount basis and on maturity the bondholder receive a par value, for this reason the price will be at a discount on sale and on maturity be redeemed at par price showing a positive rate of return.

5 0
3 years ago
Which of these is an example of the broad economic goal of growth? A. Bank failures spark a wave of new loan regulations by the
forsale [732]

“The federal government awards technology development contracts to U.S. businesses” is an example of the broad economic goal of growth.

 

Equity<span> <span>or </span>economic equality<span> is the concept or idea of fairness in </span>economics, particularly in regard to taxation or welfare economics.</span>

 

The correct answer between all the choices given is the third choice or letter C. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

<span> </span>

8 0
2 years ago
Read 2 more answers
Other questions:
  • Jamie is looking for a new job. she used to be the top sales representative for the region and was expecting to be promoted. how
    11·1 answer
  • Bank of America customers select their own three- digit personal identification number (PIN) for use at ATMs.
    13·1 answer
  • Cynthia always buys whichever brand of paper towels is on sale, even if it is not the highest quality towel. her paper towel buy
    7·1 answer
  • Flannery Corporation owns machinery with a book value of $520,000. It is estimated that the machinery will generate future cash
    8·1 answer
  • What is profit?
    14·1 answer
  • On January 1, 2021, the Highlands Company began construction on a new manufacturing facility for its own use. The building was c
    5·1 answer
  • The following information relates to Oriole Company for the year 2020.
    8·1 answer
  • Money is a limited resource. true or false
    8·2 answers
  • If you are a jury member, which of these are topics you might discuss with the other jurors during trial? (Select all that
    8·1 answer
  • The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!