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Feliz [49]
3 years ago
14

In 2016, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2017, Bubb

le Inc. had net income of $600,000, assets of $7,000,000, sales of $1,300,000, and debt of 2,000,000. Did Bubble Inc’s return on assets improve from 2016 to 2017?
Business
1 answer:
victus00 [196]3 years ago
7 0

Answer:

No

Explanation:

The computation of the return of assets is calculated by applying the formula which is shown below:

Return on assets = Net income ÷ assets

In 2016, the return on assets would be equal to

= $500,000 ÷ $5,000,000

= 0.1

In 2017, the return on assets would be equal to

= $600,000 ÷ $7,000,000

= 0.085

By comparing the return on assets for both the years, we get to know that the return on assets is declining from 2016 to 2017

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Cassius Corporation has provided the following contribution format income statement. Assume that the following information is wi
Romashka [77]

Answer:

9,400 units

Explanation:

The breakeven point is the number of units that must be sold for the company to make neither a loss nor a profit. A target profit is the net of the sales less the sum of the fixed and variable expenses. The contribution margin  is the difference between the sales and variable cost.

Sales per unit = $210,000/7000 = $30

Variable cost per unit = $136,500/7000 = $19.50

Let the number of units to be sold to achieve the profit target be x

30x - 19.5x - 67200 = 31500

10.5x = 98700

x = 98700/10.5

x = 9,400 units

8 0
3 years ago
a benefit in receiving a higher education that comes from outside of yourself such as greater job opportunities would be called
Paul [167]

Answer:

Motivational benefit

Explanation:

Remember, anything that brings you a certain level of push towards an expected end is a motivation. For example, having greater job opportunities sets one apart from others, which may lead to a better standard of living which creates a motivational benefit

Thus, we notice may notice many parents encouraging/motivating higher education for their children because of the perceived benefits they believe in so much.

5 0
3 years ago
Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $49,500. Koch originally purchased Machine 1
Shalnov [3]

Answer:

$40,500.

Explanation:

Calculation for Koch's adjusted basis in machine 2 after the exchange

Based on the information given we were told that Machine 1's had adjusted basis of the amount of $40,500 at the time of the exchange which means that Koch's adjusted basis in machine 2 after the exchange will the amount of $40,500 which is Machine 1's adjusted basis .

Therefore Koch's adjusted basis in machine 2 after the exchange will be $40,500

6 0
3 years ago
Compare and contrast anticipatory and response-based business models. Why has responsiveness become popular in supply chain coll
Anon25 [30]

Answer:

Forecast and planning

Explanation:

An anticipatory model is a model under which market forecast determines the production of products by the manufacturer, and purchases by retailers also determined by forecasts and promotional plans. Since the forecasts are wrong most of the times, anticipatory model usually leads to differences in the actual production of the firms and what they initially planned to produce.  

Anticipatory Model is a risky model because anticipation of future events always determines the work to do by the firm.

On the contrary, the Responsive Business Model does not depend on forecasts, but ensure that what to be done are adequately planned and information among firms in the supply chain are properly exchanged. This makes the model not to be risky and ensure doing more than what has already been planned is avoided. Therefore, the aim of the responsive model which also known as Pull Model is to eliminate reliance on forecast.  

The major reason the Responsive Model has become popular in supply chain collaborations is that it allows for the customization of products on smaller orders by customers.  However, the Anticipatory Model does not give customers any choice or power but to buy or not buy.

4 0
3 years ago
A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the u. s. econo
WARRIOR [948]

A barometer of short-term interest rates and one that is therefore considered the most volatile interest rate in the US economy is the federal funds rate.

An interest rate tells you ways excessive the price of borrowing is, or high the rewards are for saving. So, in case you're a borrower, the interest fee is the amount you are charged for borrowing cash, shown as a percent of the entire quantity of the loan.

As RBI hiked repo charge, FD quotes are anticipated to rise in 2022 and 2023. Banks and other NBFCs have already started steadily raising FD quotes after RBI made it clear that repo prices will exchange.

As interest rates circulate up, the cost of borrowing turns extra high-priced. because of this demand for decrease-yield bonds will drop, inflicting their fee to drop. As hobby prices fall, it becomes easier to borrow money, and lots of agencies will trouble new bonds to finance growth.

Learn more about interest rates here brainly.com/question/2151013

#SPJ4

6 0
2 years ago
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