Answer:
A) 912,000 net income
B) ROA = 9.31%
C) ROE = 14.95%
Explanation:
a) net income:
sales x profit margin = net income
15,200,000 x 6% = 912,000 net income
b) ROA = return on assets
912,000/9,800,000 = 0,0930612 = 9.31%
b) ROE = return on equity
we use accounting equation to solve for equity:
aasets = liab + equity
9.8 M = 3.7M + E
E = 9.8 - 3.7 = 6.1
912,000/6,1000,000 = 0,1495081 = 14.95%
The answer is the name and the title
Answer: Q = 5.8 units
Explanation:
Q = 9 - 0.1p - py + 0.01pz + 0.0005Y
Where,
p = own price of the good
py = price of a related good = $3
Q = quantity demanded
pz = price of a different related good = $200
Y = consumer income = $4,000/mo
Therefore,
Q = 9 - 0.1p - 3 + 0.01 × 200 + 0.0005 × 4000
Q = 9 - 0.1p - 3 + 2 + 2
Q = 10 - 0.1p
If price of this good 'x' is equal to $42 per unit then,
Q = 10 - 0.1 × 42
= 10 - 4.2
Q = 5.8 units ⇒ Quantity demanded
Sorry you need a little more detail for your question.
To measure the trends of the market area, the appraiser must ask questions about supply and demand.
In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand.
It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.
The final price is known as the equilibrium price and signifies a compromise between the good's producers and customers. When a market is in equilibrium, the amount of a good that producers supply and consumers desire are equal.
The price mechanism in a free market equalizes supply and demand. If consumers want to buy more of a product than is offered at the current price, they will tend to bid the price up.
Learn more about supply and demand here:
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