In Brazil, Chase's strategy is to focus on providing competitive online solutions, moving away from physical banks.
The net operating income is $5,000.
<h3>What is the net operating income?</h3>
The net operating income is total revenue less direct and indirect expenses.
The net operating income = total revenue - variable expenses - fixed costs.
Total revenue is price per unit multiplied by the total quantity sold. The variable expense cost per unit multiplied by the total quantity sold.
(10,000 x $10) - (10,000 x $6) - $35,000
100,000 - 60,0000 - 35,000 = $5,000
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Answer:
Net income of Y3K, Inc. is $155.83
Explanation:
Debt-to-equity ratio is calculated by using formula:
Debt-to-equity ratio = Total debt (or liabilities)/Total equity
Total debt (or liabilities) = Debt-to-equity ratio x Total equity = 1.1 x Total equity
Basing on accounting equation:
Total assets = Total liabilities + Total equity = 1.1 x Total equity + Total equity = 2.1 x Total equity
Total equity = Total assets/2.1 = $2,975/2.1
Return on equity (ROE) = Net income/Total equity
Net income = Return on equity (ROE) x Total equity = 11% x ($2,975/2.1) = $155.83
Answer:
False
Explanation:
A certificate of Deposit or CD is a deposit made into a bank for a specific time. This deposit will earn a fixed interest rate that varies upon the days the deposit is made of. The rule is: Longer the days of the deposit, longer the interest rate paid.
Answer:
The first country invested in health care. It eradicated an epidemic that was weakening its present and future workforce. Its investment was successful because it made people productive again. The second country recognized the potential for productivity in young girls. By taking steps to train and educate them, the government made them eligible for quality employment. The second country's investment was successful because it strengthened its workforce and attracted foreign investment.
Explanation:
Edmentum (Plato) answer
