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Law Incorporation [45]

3 years ago

6

River corp's total assets at the end of last year were $480,000 and its net income was $32,750. what was its return on total ass

ets?

1 answer:

OverLord2011 [107]3 years ago

3 0

i belive the answer is <em><u>447,250 </u></em> of the net income

hope this helped you and make sure to rate this five

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Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator

IrinaVladis [17]

Answer:

C. Variable inflation is associated with high transaction costs

Explanation:

Because of uncertainty about future inflation, it may not uncertain relative to its price change. Therefore, option A is not correct.

In order to maximize financial position, inflation harms borrowers and helps lenders, so option B is also incorrect.

Option C is correct because variable inflation is associated with high transaction costs in order to maximize the financial position. For example, if the inflation rate is 5% during first quarter, the price level is not much to disrupt the financial position. Again, in the next quarter, if the inflation rate changes to 4%, the position will be effective more. However, if it increases, it will not affect too much.

7 0

3 years ago

On January 1, Gucci Brothers Inc. started the year with a $690,000 balance in Retained Earnings and a $597,000 balance in common

Yuri [45]

Answer:

$1,388,200

Explanation:

The total stock holders equity as at the end of the year shall be determined as follows:

Common stock Retained Earnings Total

Balance of Jan 1 $597,000 $690,000 $1,287,000

Net income for year $96,000 $96,000

Dividend paid ($14,800) ($14,800)

Common stock $20,000 $20,000

Balance at year end $617,000 $771,200 $1,388,200

7 0

3 years ago

Read 2 more answers

Since companies do not know precisely how much demand will be placed on their computing resources in the future, an attractive

ratelena [41]

The answer to this question is Elastic
An elastic product is the type of product which demand will be influenced by movement in prices. For product like cloud computing, the product could be considered more durable because it willl always stay needed and will not go rotten, so the movement in prices shouldn't necessarily affect them that much.

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3 years ago

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Which of the following statements is CORRECT?

Oduvanchick [21]

Answer:

d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.

Explanation:

In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year

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3 years ago

Question 7 of 10

Ipatiy [6.2K]

D is the answer I’m sure of it

4 0

2 years ago