Answer:
a. Net income = Sales * profit margin
= $24 million * 10%/100
= $2.4 million
b. ROA = Profit / Total Assets
= $2.4 million / $21.1 million
= 0.11374
= 11.374%
c. ROE = Profit / (Total Assets - Debt)
= $2.4million / ($21.1million - $8.2million)
= $2.4million / $12.9 million
= 0.186
= 18.6%
A. guaranty arrangement
The third party is providing a guarantee that the lender will recover the debt regardless of the borrower's reputation to pay.
Individuals who want to work, but have given up searching for a job because of limited prospects, are known as discouraged workers.
<h3>Who are discouraged workers?</h3>
Discouraged workers are labour who are above 18 years and below 60 years but have given up on ever finding a job and thus are not actively searching for a job.
Discouraged workers are not counted as part of the labour force and they are not considered to be unemployed.
To learn more about unemployment, please check: brainly.com/question/10940465
Answer:
According to the Blake/Mouton grid, Daniel falls under the produce-or-perish management style, also known as the authority compliance style
Explanation:
This management style is very autocratic, very much a Theory X management style.
Daniel is very autocratic, has strict rules and policies. In the short run, this management style can achieve high productive results, but in the long run the low morale of the workers will end up hurting their performance. Daniel believes that his employees are just a means to an end, and that their needs are secondary and not important.
State Capitalism or a Centrally Planned Economy
