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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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Andreyy89
There are four main types of distribution channels;

1) Manufacturer > Wholesaler > Retailer > Consumer

2) Manufacturer > Wholesaler> Consumer

3) Manufacturer > Retailer > Consumer

4) Manufacturer > Consumer


Therefore the most likely answer here is option C

Producer to Wholesaler to Consumer
8 0
3 years ago
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Nancy, an employee at MegaWorks Corp., has been on the job for only a week. She needs to ask the accountant some questions, but
Ghella [55]

Answer:

D. Ask someone for the accountants name.

Explanation:

I say (D) because you only been working there for a week you just got hired so the other employees there shouldn't mind helping you out.

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3 years ago
Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total cur
laiz [17]

Answer:

c) 8.44x

Explanation:

Total current assets = cash + account receivable + inventory

⇔ $79,000 = $35,550 + $19,750 + Inventory

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The inventory circles based on annual sales = Sales/ inventory = $200,000/ $23,700 = 8.44

3 0
3 years ago
A 51-year-old female is referred to your office after her PCP incidentally found a left adrenal mass of 2.8 cm in diameter on an
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Answer:

In the management of this patient, there is no need for any tests to be done. However there are several steps must be taken which includes measurement of the activity in the plasma renin, measurement of the concentration of the plasma aldosterone, measurement of fractionated catecholamines and metanephrines, and administering the patient with 1-mg overnight dexamethasone suppression test .

Explanation:

3 0
4 years ago
Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C
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Answer:

C : $686

Explanation:

The computation of the cash received amount is shown below:

= (Sale value of merchandise - returned merchandise) × (100 - discount rate)

= ($1,000 - $300) × (100 - 2%)

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= $686

Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.

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