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
Learn more about computation of net income here: brainly.com/question/24836146
Answer: The correct answer is to safeguard the inventory and reporting the inventory on the financial statements.
Explanation: One of the primary objectives of control over inventory is to safeguard the inventory from damage or theft. The second objective is to report the inventory on the financial statements.
Answer:
market segment
Explanation:
A market segment is a group of people in a homogeneous market who share common marketable characteristics.
You for got to give the scenario. So, I will put the scenario below so the question is complete and then give the explanation and answer:
(Scenario: Technological Progress and Productivity Growth in Techland)
In Techland
, from 1980 to 2010, holding technology and human capital fixed, increasing physical capital per worker from $25,000 to $100,000 would have led to a doubling of real GDP per worker, from $40,000 to $80,000. However, not only did physical capital per worker increase from $25,000 to $100,000, but technological progress shifted the productivity curve upward so that real GDP per worker actually increased from $40,000 to $320,000.
Explanation:
Total factor productivity represents the increase in total production which is in excess of the increase that results from increase in inputs. Productivity is a measure of the relationship between outputs and inputs. This means it equals output divided by input. There are two measures of productivity that consist of labor productivity, which equals total output divided by units of labor and total factor productivity, which equals total output divided by weighted average of the inputs
Thus, we should have, based on the scenario, that 5% share of the growth rate of real GDP per capita was attributable to higher total factor productivity
Answer:
5%
