Answer:
a. Net income = Sales * profit margin
= $24 million * 10%/100
= $2.4 million
b. ROA = Profit / Total Assets
= $2.4 million / $21.1 million
= 0.11374
= 11.374%
c. ROE = Profit / (Total Assets - Debt)
= $2.4million / ($21.1million - $8.2million)
= $2.4million / $12.9 million
= 0.186
= 18.6%
The system is known as <em>Organizational Culture</em>
We can define "Organizational Culture" as an existing belief which guides staff in understanding what to do & not and includes practices, values, assumptions about their work.
- Organization cultures creates the structure of an organization through values, sociology, and psychology
- Examples of organizational culture includes the company's philosophy, values, expectations, experiences etc
In conclusion, the system of shared beliefs and values which exist in an organization is known as Organizational Culture.
Learn more about Organizational Culture here
<em>brainly.com/question/13996722</em>
Considering the benefits and importance of insurance, the ten roles of insurance in a business include "<u>security and safety</u>."
<h3>The other roles of insurance in a business are:</h3>
- Mitigation of risk
- Provision of insurance service by the insurance company
- Protection from unexpected losses
- Ease of getting loans
- Provision of social cooperation
- It enhances saving habits
- It aids some contracts that require it.
- There are tax benefits.
- Promotion of trades and industry, etc.
Hence, in this case, it is concluded that insurance plays various roles in business.
Learn more about Insurance here: brainly.com/question/4953989
I believe the answer is: The furnace is a fixture, but the washer and dryer are not.
Fixtures refers to a set of objects whose position is completely fixed and could not be removed unless by destroying a part of the building. Washer and Dryer are not fixed to any wall of the building and can be moved simply by the cooperation of two people or with the helps of stroll.