Your answer is D - petroleum.
the area around the Persian Gulf is desert so can't be the water, coal or cattle. But here it can be found large underground reserves of Petroleum.
Answer:
the firm's ROE is 20%
Explanation:
The tax burden is 0.9
The interest burden is 0.6
The return on sales margin is 13%
The turnover ratio is 2.62
The leverage ratio is 1.1
Calculate the ROE
ROE = 0.9 * 0.6 * 0.13 * 2.62 * 1.1
=0.2 or 20%
Answer:
The correct answer is "Is consistent with the company's mission statement".
Explanation:
A company's mission is the reason why a company exists and is created. It states the reason for its existence, as well as indicating the activity that the company carries out. The marketing plan is strongly linked to the company's mission, to be in line with the guidelines that the company has for its workers.
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Organizations often have different operations. The starting point for preparing the operating activities section using the indirect method is Net income.
- Net income is simply known to be the gross profit and removing all other expenses, costs and any other income and revenue sources that are not included in gross income.
A lot of other costs is often removed from gross to make it be at net income. They include interest on debt, taxes, and operating expenses or overhead costs.
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The broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
<h3>What is earnest money?</h3>
Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.
It is the money paid to a merchant or seller to complete a contract or money paid to a merchant / seller to show good faith in the transaction.
Hence, the broker should refuse to release the earnest money even after the seller requested the earnest money prior to the property inspection.
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