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4 years ago

Which industry is the source of essential raw materials?

Business

2 answers:

Snezhnost [94]4 years ago

4 0

<span>C.) Agriculture, Forestry, and Fishing
</span>
Those are all a source of raw materials.

aleksklad [387]4 years ago

4 0

The industry that is the source of essential raw materials is C. agriculture, forestry, and fishing.

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A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together i

torisob [31]

Answer:

9.98%

Explanation:

The total debt was $651,000

And, the total debt ratio is 0.33

So by considering the above information, we can find out the total assets value which is

= $651,000 ÷ 0.33

= $1,972,727.27

Now according to the accounting equation

The total assets = Total liabilities + owners equity

$1,972,727.27 = $651,000 + owners equity

So, owners equity = $1,321,727.27

And, the return on equity is

Return on equity = (Net income) ÷ (total equity)

14.9% = Net income ÷ $1,321,727.27

Hence, net income = $196,937

And, the return on assets equal to

= (Net income) ÷ (Total assets)

= $1,321,727.27 ÷ $1,972,727.27

= 9.98%

4 0

4 years ago

Merchandise inventory at the end of the year was understated. Which of the following statements correctly states the effect of t

forsale [732]

Answer:b. net income is overstated

Explanation:

The cost of inventory which is a constituent of cost of goods sold will have an impact on the income, an higher cost of inventory means low net income and lower cost of inventory means an higher net income. Therefore if the inventory is understated it leads to profit overstatement.

Net income will not be understated because a cost item has been understated but it will only be overstated, cost of merchandise sold is understated but this is the action and not the effect, merchandise on the balance sheet will be understated and not overstated.

5 0

3 years ago

Read 2 more answers

Corona Company is owned equally by Maria, her sister Carlita, her mother Gabriella, and her grandmother Olivia, each of whom hol

pav-90 [236]

Answer:

B. 200 shares

Explanation:

Under the family attribution rules, attribution is applies who owns more than 50% percentage

Since in the question the percentage is not given but in the company each one has equal owning percentage plus there holding 100 shares in the company each

So in the given case the maria deemed to own her share plus her mother share also as she is the owner of her mother share

So, the total shares owned by her is

= 100 shares + 100 shares

= 200 shares

6 0

4 years ago

The opportunity cost of an action: Group of answer choices can be determined by considering both the benefits that flow from as

joja [24]

Answer:

The action of opportunity cost is that is the subjective measurement which could be determined only through the individual, who selects the action.

Explanation:

Opportunity cost is the cost or an expense or the value of the next best possible thing which the person or an individual gave up whenever make or take a decision.

In short, it is the loss of the gain that is potential from the other alternatives which are available when an individual or person selects the alternative.

Therefore, the action of the opportunity cost is the cost which is the subjective measure, that could be determined only through individual, who selects the action.

3 0

3 years ago

A(n) _______________ leader is one who is focused on developing a long term vision for the company and who uses a charismatic pe

alukav5142 [94]

Answer:

b. transformational

Explanation:

Transformational leadership refers to the kind of leadership wherein a leader uses his appeal or charisma effectively to convey and convince his subordinates with respect to long term vision.

Transformational, as the word suggests refers to those leaders who are capable of transforming the approach of their subordinates owing to their charm and the reputation they have earned for themselves.

Such leaders are good at implementing organizational changes owing to their personality.

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4 years ago