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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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Answer:

D) 10-year, zero coupon

Explanation:

The zero coupon bonds with longer maturity period are more sensitive to interest rate changes than coupon payments bonds with the same maturity date and  zero coupon bonds with shorter maturity periods.

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A tax levied on inherited money is known as a/an _______ tax. A. sales B. death C. excise D. estate
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The managerial task of ______ involves establishing task and authority relationships.
andrezito [222]

Answer:

Organizing

Explanation:

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Therefore the correct answer is organizing as it includes the task which has been created and authority relationship.

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John gets a weekly allowance of $20 from his parents. The only thing he has a real interest in buying is a big slice of pizza af
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the optimal quantity of pizza slices for John to buy is 1.

<h3>Determining the optimal quantity </h3>

According to economics, the optimal quantity of a good that should be consumed is the quantity at which the marginal utility equals the marginal cost.

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To learn more about marginal utility, please check: brainly.com/question/16859357

3 0
3 years ago
Orange County Shop follows the revenue recognition principle. Orange County services a bicycle on July 31. The customer picks up
mel-nik [20]

Answer:

a. July 31

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