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igor_vitrenko [27]
2 years ago
13

A company that reports segment information had average total assets of $1,530,450 and total net income of $602,700. Segment A ha

d average total assets of $931,800 and segment operating income of $304,300. Segment B had average assets of $598,650 and segment operating income of $298,400. The segment return on assets for Segment A is:
Business
1 answer:
antoniya [11.8K]2 years ago
6 0

Answer: 0.32 times

Explanation: Return on assets can be defined as the ratio under which companies are evaluated on the basis of total amount of assets investment. It is a ratio that evaluates the profitability of a company, it shows the ability of a company to generate revenue from the assets invested in it.

It can be computed as following :-

=\:\frac{NET\:INCOME}{AVERAGE\:TOTAL\:ASSETS}

=\:\frac{\$304,300}{\$931,800}

      = 0.32 times

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The interest rate the federal reserve charges on loans it makes to commercial banks is called the:
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<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. :)</span>
7 0
3 years ago
Stores that carry a broad product line, with limited depth, are referred to as
nordsb [41]

Answer:

b. general merchandise stores.

Explanation:

In terms of <u>product line breadth and depth</u>, stores differentiate themselves in product assortment.

A general merchandise store has a broad product line, aiming to offer diverse types of products. However, since it is not specialized in a particular product category, it has limited depth. These types of stores are common in rural communities, where they are the main shop of choice.

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3 years ago
Imagine that you are at a bank, ready to open your first bank account.
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Answer:

compared the services that different banks offer, and learned what they charge for them.

Explanation:

This is crucial as no one would want to be trapped in a bank or bank plans or services that doesn't work for him or her.

7 0
2 years ago
Read 2 more answers
Nick has a comprehensive health care policy with a $250 per-calendar-year deductible, an 80% co-insurance provision, and a $1,00
VikaD [51]

Answer:

Nick  pay maximum $930

so correct option is d. $930

Explanation:

given data

health care policy = $250

co-insurance provision = 80 %

it mean claim to be paid by insurance company = 80%

and claim to be paid by Nick =  20 %

co payment cap = $1,000

claim insurance = $600

company paid  = $280

total bills = $5,000

to find out

How much will Nick have to pay for the second claim

solution

we get first amount to be paid by insurance company and nick  is

amount to be paid by insurance company and nick  = $600 - $250

amount to be paid by insurance company and nick = $350

and

we know here 80% of $350  paid by insurance company

so paid by insurance company  = 80% of $350 = $280

and  paid by Nick = $350 - $280 = $70

so Limit available to co payment = $1000 - $70

Limit available to co payment = $930

so Nick  pay maximum $930

so correct option is d. $930

5 0
3 years ago
Controlling is the process of assuring actual activities conform to planned activities. With an example, discuss five (5) import
kondor19780726 [428]

Answer:

Controlling is the process of assuring actual activities conform to planned activities with five examples are discussed below in details.

Explanation:

Planning and controlling are intimately associated. Controlling is further pervasive than planning. Controlling benefits managers observe the effectiveness of their planning, formation, and managing activities.  It not only assists in maintaining a record on the development of activities but also guarantees that activities adhere to the measures set in approach so that organizational aims are achieved.

3 0
3 years ago
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