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Juliette [100K]

3 years ago

10

What would be the return on total assets of a firm if net income is $50,000, total sales are $100,000, and total assets are $175

,000

1 answer:

lesantik [10]3 years ago

7 0

Answer: 28.6%

Explanation:

The return on the total asset of a firm will be calculated as the net income divided by the total asset and this will be:

=Net income / Total assets

=50,000/175,000

=28.6%

Therefore, return on total asset is 28.6%

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Answer: $225,000

Explanation:

Given that,

Company acquired a mine = $970,000 of this amount,

Land value = $100,000 and remaining portion to the minerals in the mine

Ore appear to be in the mine = 12,000,000 units

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fair value of its obligation = $40,000

ore were extracted = 2,500,000 units

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$Depletion\ per\ unit = \frac{Mine\ acquiring\ cost + Development\ cost + Fair\ value\ of\ land - land\ value}{Ore\ appear\ to\ be\ in\ the\ mine}$

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"icrosoft announced a 2 for 1 stock split. Before the split they had 5.4b shares outstanding and par value was $0.0000125. Befor

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It was a 2 for 1 split. That would mean that prices had to have halved. Calculating therefore,

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