Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
Answer:
(-3,8)
Step-by-step explanation:
When reflecting over the y-axis, you are switching from positive to negative x-values. Since 3 was already positive, we change the integer and in this case, to negative, so it becomes -3. Since the y value remains the same we don’t change the 8. So (-3,8)
I hope this helps!
Please give thanks or brainliest if this helps!
Answer:No clue
Step-by-step explanation:
Answer:
The absolute value of -5 is...5
Step-by-step explanation:
Answer:
yes yes yessssssssssssss
Step-by-step explanation: