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maria [59]
3 years ago
15

Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat

ed that Database can generate $2,150,000 in annual sales, with an 7 percent profit margin. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.)
Business
1 answer:
DerKrebs [107]3 years ago
4 0

Answer:

Net income = $ 150500

Return on assets = 20.07 %

Explanation:

Net income = (annual sales)*7%

                    = $ 2150000*7%

                    = $ 150500

return on assets = [net income*100]/[assets to support expansion]

                           = (150500)(100)/(750000)

                           = 20.07 %

Therefore, the Net income for the year is $ 150500 and the Return on assets for the year is 20.07 %.

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Dale, a design engineer at a machinery manufacturing company, prepares a plan with a detailed estimate of the overheads and reso
Tasya [4]

Answer: Single-use plan

Explanation:

Single use plan is one of the method that helps in addressing the different types of organizational situation that helps in achieving the specific goals of the firm.

The budget, program, strategy and also the projects are the different types of single use planning process.

According to the given question, Dale is one of the design engineer in the manufacturing organization and dale is used to preparing the various types of plans with the proper resource and the overhead estimation.

Therefore, The dale is preparing the single use plan.    

6 0
3 years ago
Pls help
Arturiano [62]

Answer:

True

Explanation:

You should incorporate your life desires into choosing a career choice because if you are not happy with your job or you don't feel fulfilled with what you are doing then you are only harming yourself mentally and sometimes physically by continuing to do something that doesn't fit with your desires.

4 0
3 years ago
If you had invested $100 in 1972 in the 500 stocks of the s&p500 index, how much would you have had in 2018?.
ANEK [815]

If you had invested $100 in 1972 in the 500 stocks of the s&p500 index $1,612

<h3>What is stocks ?</h3>

A stock is a type of investment that represents ownership in a portion of the issuing company and is commonly referred to as equity. Owners of shares, often referred to as units of stock, are entitled to a portion of the company's assets and earnings in proportion to the number of shares they own.

The majority of private investors base their portfolios on equities, which are often bought and sold on stock exchanges. Stock trades must adhere to government regulations intended to protect investors from deceptive practices.

A sort of instrument known as a stock, which is commonly exchanged on stock exchanges, represents the holder's ownership interest in the issuing company.

Corporations issue stock as a means of raising capital to fund their operations.

Common are the two main stock classifications.

The two primary stock categories are common and preferred.

To learn more about stocks  from the given link:

brainly.com/question/25818989

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4 0
2 years ago
Max, an employee at HiFi LLC, is responsible for performing the job analysis process in her organization. She is currently plann
kramer

Answer:

The correct answer is the option C: Conducting the job analysis.

Explanation:

To begin with, the term of <em>"Job Analysis"</em> refers to a method used in the organizations with the purpose of generating job descriptions and specifications in order to establish a better communication inside the organization and also to know better who the best candidates will be for future jobs. Therefore that this analysis focus on the correct comprehension from the analyst regarding the job that is being under analysis. When the analysis has began the person in charge of it will have to planned carafully the way that she will get the information for later transform it into the job description and that is why that once that the planning has been done the person needs to conduct the job analysis in order to obtain the results expect that are the proper description of the job and all of its specifications for future employees.

7 0
3 years ago
You run a manufacturing facility that makes roller skates. Fixed monthly cost is $50,000 in mortgage, $3,000 per employee on ave
Marysya12 [62]

Answer:

At producing 14,286 skates

Explanation:

3 0
3 years ago
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