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lilavasa [31]
3 years ago
5

If a company has $2,000,000 invested in buildings, equipment, and other assets and desires to earn a return on investment of 30%

, the company will need to earn a net income of $
Business
1 answer:
White raven [17]3 years ago
8 0

Answer:

600,000

Explanation:

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Western Company recently lost its entire inventory in an earthquake. The following information is available from its accounting
harina [27]

Answer: dont care

Explanation:

8 0
2 years ago
The balance sheet of Sub America reports total assets of $400,000 and $450,000 at the beginning and end of the year, respectivel
Rudiy27

Answer:

$42,500

Explanation:

Given that,

Beginning total assets = $400,000

Ending total assets = $450,000

Average total assets = (Beginning total assets + Ending total assets) ÷ 2

                                   = ($400,000 + $450,000) ÷ 2

                                   = $425,000

Return on assets = 10%

Net Income ÷ Average total assets = 0.1

Net Income ÷ $425,000 = 0.1

Net Income = 0.1 × $425,000

                   = $42,500

Therefore, the Sub America's net income for the year is $42,500.

6 0
3 years ago
Evaluate how a change in consumer incomes will affect the demand
dalvyx [7]

Answer:

They will be less likely to rent an apartment and more likely to own a home. A product whose demand falls when income rises, and vice versa, is called an inferior good. In other words, when income increases, the demand curve shifts to the left.

For normal economic goods, when real consumer income rises, consumers will demand a greater quantity of goods for purchase. ... When nominal income increases without any change to prices, this means consumers can purchase more goods at the same price, and for most goods, consumers will demand more.

Explanation:

8 0
1 year ago
Fred bought life insurance five years ago. He forgot to tell them that he had a heart condition, and, as a result of that condit
Readme [11.4K]

Answer:

<h2>The answer, in this case, would be option a. or Incontestability clause.</h2>

Explanation:

  • In the context of life insurance provision, incontestability clause basically refers to the prevention of the denial of insurance service by the insurer on ground of falsification or fraudulent misrepresentation of relevant fact or information in the insurance application.
  • Incontestability clause is officially applicable following the effective implementation of the insurance policy at least for a particular time period, which is usually considered to be two to three years.
  • The clause is commonly applicable in the case of life and health or medical insurance policies.
6 0
3 years ago
The model whose goal is to eliminate waste while satisfying the customer and providing a positive return to the company is: Mult
ycow [4]

Answer:

The correct answer is letter "E": Lean business model.

Explanation:

The lean business model is a study that aims to improve the efficiency of a company. That can be achieved by implementing new practices to eliminate old, ineffective strategies, analyzing the company product mix to find out if unprofitable goods are being still produced or rearrange unit teams. Improving leadership skills, workers' commitment, and the institution's growth are some of the advantages of the lean business model.

7 0
2 years ago
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