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Xelga [282]
3 years ago
9

Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-o

f-year assets was 15%, what was its operating profit margin?
Business
1 answer:
kvv77 [185]3 years ago
8 0

Answer:

22.50%

Explanation:

Amount of return on asset = Rate of return * Asset value

Amount of return on asset = 15% * $150 million

Amount of return on asset = $22.5 million

Operating profit margin = Amount of return on asset / Sales

Operating profit margin = $22.5 million / $100 million

Operating profit margin = 0.225

Operating profit margin = 22.50%

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You plan to visit Geneva, Switzerland in three months to attend an international business conference. You expect to incur the to
Serggg [28]

Answer:

A. 3403.75 dollars

B. 3150

C. 0.579

D. Is an attachment

Explanation:

A. We first find the premium cost

= 0.05x5000 x 1+0.06/4

= 250x1.015

= 253.75

From here we find expected dollar cost

= Exchange rate x units + premium

= 0.63x5000+253.75

= 3,403.75 dollars

B. Forward rate = 0.63

Total cost of dollar

= 0.63x5000

= 3150

C. The investor would be indifferent at 0.579

Forward rate = unit * future + premium

3150 = 5000 * future + 253.75

3150-253.75 = 5000*future

We solve and divide through by 5000

Future = 0.579

D is in the attachment

4 0
3 years ago
Kansas Enterprises purchased equipment for $72,500 on January 1, 2021. The equipment is expected to have a five-year service lif
cupoosta [38]

Answer:

Depreciation expense $12,910

Book value $46,680

Explanation:

Kansas Enterprises

Formula for Depreciation expenses

Annual depreciation expense=(Cost-Residual value)/Useful Life

Where,

Cost = 72,500

Residual value =7,950

Useful life = 5 years

Let plug in the formula

=(72,500-7950)/5

=64,550/5

=$12,910/year

Therefore depreciation expense for 2021

=$12,910

Calulation for Book value

Book value = $72,500 – ($12,910× 2)

$72,500 -$25,820

=$46,680

Therefore the book value would be $46,680

8 0
4 years ago
If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 b
nataly862011 [7]

Answer: $85 Billion

Explanation:

Given that,

Personal consumption expenditures in a specific year = $50 billion

Purchases of stocks and bonds = $30 billion

Net exports = (- $10 billion)

Government purchases = $20 billion

Sales of secondhand items = $8 billion

Gross investment = $25 billion

From the above information, expenditure method is more suitable.

GDP = Personal consumption expenditures + Gross investment + Government purchases + Net exports

        = $50 + $25 + $20 - $10

        = $85 Billion

4 0
3 years ago
Affiliated directors are A. employees of the corporation. B. directors in an interlocking directorate. C. outside directors who
zvonat [6]

Affiliated directors in a company are D. agents of top management.

<h3>Who are affilaited directors??</h3>

These are directors that sit on the board who are not independent because they have links to the shareholders who put them there.

These shareholders are usually the top management of the company which means that affiliated directors work to help them.

Find out more on affiliated directors at brainly.com/question/13963102.

#SPJ1

6 0
2 years ago
Which of these is an example of a cash inflow?
Schach [20]

unselected increase in accounts receivable is an example of a cash inflow.

<h3>What types of cash flows are there?</h3>

In the cash flow statement's operating activities section, net income is often the first line item. This metric, which gauges a company's profitability, is calculated directly from the net profit displayed in the income statement of the business for the relevant period.

<h3>What elements have an impact on the cash flow statement?</h3>

Increasing Current Assets at All (Accounts Receivables, Prepaid Expenses, Inventory etc. taken from the Balance Sheet) Any drop in Current Liabilities that has occurred (Accounts Payable, Accrued Liabilities, Income Tax Payable etc. taken from the Balance Sheet). the operating activities' net cash flow.

<h3>Where in the financial statements does cash flow from operating activities appear?</h3>

Operating Activities Cash Flow Following the balance sheet and income statement in a company's financial statements comes a component of the Statement of Cash Flows called Cash flow from Operating Activities.

Learn more about cash outflow:

brainly.com/question/25563224

#SPJ4

5 0
2 years ago
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