How does a command economy differ from a mixed market economy?

Last year Kruse Corp had $440,000 of assets (which is equal to its total invested capital), $403,000 of sales, $28,250 of net in

Brut [27]

Answer:

The reduction in assets would improve the ROE by 7.81%.

Explanation:

This can be calculated as follows:

Previous equity = (100% - Debt-to-total-capital ratio) * Previous total invested capital = (100% - 39%) * $440,000 = 61% * $440,000 = $268,400

Previous return on equity (ROE) = (Net income / Previous equity) * 100 = ($28,250 / $268,400) * 100 = 10.53%

New equity = (100% - Debt-to-total-capital ratio) * New total invested capital = (100% - 39%) * $252,500 = 61% * $252,500 = $154,025

New ROE = (Net income / New equity) * 100 = ($28,250 / $154,025) * 100 = 18.34%

Change in ROE = New ROE - Previous ROE = 18.34% - 10.53% = 7.81%

Since change in ROE is 7.81% and positive, this implies that the reduction in assets would improve the ROE by 7.81%.

5 0

3 years ago

The current Director of the Arizona Department of Liquor Licenses & Control is Douglas Ducey.

fomenos

Answer: What's the question?

Explanation:

6 0

3 years ago

Calls arrive at Lynn Ann Fish’s hotel switchboard at a rate of 2 per minute. The average time to handle each is 20 seconds. Ther

nataly862011 [7]

Answer:

Part A. Compute the probability that operator of the hotel is busy.

The call arrives at Lynn Ann Hotel at the rate of 2/min.

Therefore, 2 min = 120 customers per hour

Thus, the call is serviced by the operator at a rate of 20 seconds per customer.

Therefore,

P = 180 customers per hour

Probability that the operator will be busy:

P = λ / µ

P= 120 / 180

P = 0.67

Therefore, the probability that the hotel operator is busy is 0.67 hours

Part B. Determine the average time customer must wait:

$W_{q}$ = λ / µ (µ - λ)

$W_{q}$ = 120 / 180(180 - 120)

$W_{q}$ = 120 / 180(60)

$W_{q}$ = 120 / 10,800

$W_{q}$ = 0.011

Thus, the average wait time for the customer is 0.011 hours

Part C. Determine the average number of call waiting:

$L_{q}$ = λ^2 / µ (µ - λ)

$L_{q}$ = 120^2 / 180 (180 - 120)

$L_{q}$ = 14,400 / 180 (60)

$L_{q}$ = 14,400 / 10,800

$L_{q}$ = 1.33

Thus, the average waiting call to be answered is 1.33 hours

6 0

3 years ago

Interest expense is not: Multiple Choice Incurred on long-term liabilities. Reported on the income statement. A fixed expense. L

ankoles [38]

Interest expense is not Incurred on long-term liabilities.

Option i) Incurred on long-term liability.

Interest expenses are not recorded in the balance sheet. It should be recorded in the income statement.

The interest expense is a non-operating expense recorded on the expenses side of the income statement and it does not show as notes payable.

The interest expense is shown as a fixed cost or fixed expense it will be changed as based on the short-term changes or completion of payable.

The interest expense shows a factor in determining a company's borrowing risk.

Learn more about interest expenses at

brainly.com/question/12553420

#SPJ1

5 0

2 years ago

1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time

gizmo_the_mogwai [7]

1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D.

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor.

6 0

3 years ago