Answer:
b. Return on Assets is 16.63%
Explanation:
The return on assets is a profitability measure that shows the effectiveness of management in utilizing the company's assets to generate income.
The return on assets is calculated using the following formula,
Return on Assets = Net Inocme / Average Total Assets
Here,
Net Income = $104940
Average Total Assets = $631051
So,
Return on Assets = 104940 / 631051
Return on Assets = 0.16629 or 16.629% rounded off to 16.63%
Answer:
follows the actions and operations of financial markets to keep them open and competitive.
Explanation:
In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.
Thus, from the above we can conclude that the correct statement is C.
You are likely to be working in the accounting field for public companies. A public accountant is an accountant that works for publically traded companies instead of companies in the private sector. Public companies are traded on the public stock exchange so they allow others to purchase share in their stock. A public accountant and a private accountant have similar rolls when it comes to inside the company documents but are different when they deal with public trade or not.
<u>Answer:</u>
Conveyor belts
<u>Explanation:</u>
The hallmark of assembly lines in Henry Ford's time was a conveyor belt. His theory was how fast the products move in a given time and how quick can the products be manufactured in a industry.
The conveyor belt is a ramp where the products are kept and with the help of workers placed on a given spot who keep assembling the required part on the products as the belt keep moving and the same action is repeated again and again.
The par value of common stock represents the arbitrary dollar amount assigned to a share of stock. This value <span>is the stated </span>value<span> per share as outlined in the issuing company's charter. This calue is also called the face </span>value<span> because it's the </span>value<span> printed on the face of a bond or </span>stock<span> certificate</span><span>.</span>