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diamong [38]
3 years ago
12

Assume Metro Corporation had a net income of $ 2,200 for the year ending December 2018. Its beginning and ending total assets we

re $ 31,500 and $ 20,500​, respectively. Calculate​ Metro's return on assets​ (ROA). (Round your percentage answer to two decimal​ places.)
Business
1 answer:
Aleksandr-060686 [28]3 years ago
7 0

Answer:

The return on assets is 8.4%

Explanation:

In order to calculate the return on assets we will first need to find the average total assets. We will do this by adding the beginning and ending total assets and dividing it by 2.

Average total assets= (31,500+20,500)/2= 26.000

Now in order to find the return on assets we will divide the net income by the average total assets.

Return on assets = 2,200/26,000=0.084=8.4%

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The influencer is paid to post the product

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3 years ago
Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is
GREYUIT [131]

Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale when it exists, the industry is more likely to be an oligopoly than a competitive one.

A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies are frequently the outcome of corporate collaboration as a way to increase profits. Because of the decreased competition, customers will pay more and workers will earn less.

In an oligopoly, there must be some entry barriers to allow businesses to capture a sizable portion of the market. These obstacles could be economies of scale or brand loyalty. Entry barriers, however, are lower than monopolies.

Several oligopoly-enabling circumstances have been noted. First off, there aren't many big companies in an oligopolistic market. This feature sets oligopoly apart from monopoly, in which there is only one entity.

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5 0
1 year ago
Debt management ratios measure the extent to which a firm uses financial leverage and the degree of safety afforded to . They in
Ket [755]

Answer:

The 1st ratio examines debt by observing at the company's balance sheet, whereas the other two ratios examine debt by observing at the company's income statement. Thus, debt-to-total-assets ratio processes the %age of assets delivered by debt in order to fund total assets. The computed equation will be: (Total long term debt + Total short term debt) / Total assets). The high debt ratios that overdo the business average might create it expensive for a company to borrow the extra funds without initial raising for more equity. The period’s interest received ratio processes the degree to which the income can fall before the company is incapable to meet its yearly interest expense expenditures. However, the computed equation is EBIT / total interest payable: EBIT is used as the numerator as it is funded with pretax dollars.  The company’s capability to pay will not be affected by the taxes. The EBITDA analysis ratio is EBITDA / total interest: This proportion is more comprehensive than the TIE proportion because it identifies that depreciation and payback are not expenses, so these aggregates are accessible to service debt, and lease expenses and principal refunds are fixed expenses.

8 0
3 years ago
_____ is the amount of information a communication medium can carry and the extent to which the medium enables the sender and re
asambeis [7]

Answer:

Information richness.

Explanation:

<u>Information richness</u> is the amount of information a communication medium can carry and the extent to which the medium enables the sender and receiver to reach a common understanding. This is the correct answer to your question.

Hope this helps!!!

Kyle.

8 0
2 years ago
Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
Sophie [7]

Answer:

Job 334 total cost:    $  8,400

Unit cost: 8,400 / 200 = $  42

Explanation:

Total cost: Material + Labor + Overhead

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<u></u>

<u>Overhead:</u>

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

We distribute the expected cost over the expected base:

expected cost: 100,000

cost driver: 40,000 labor hours

cost per hour: 100,000 / 40,000 = <u>2.5 predetermined overhead</u>

Now we multiply this rate by the hours of the job to know Applied Overhead:

job labor hours x overhead rate:

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400 x 2.5 = 1,000

Total cost: 5,000 + 2,400 + 1,000 = 8,400

7 0
3 years ago
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