Answer:
11.11%
Explanation:
The computation of the return on assets is given below:
But before that following calculations need to be done
Total assets = Total debt ÷ Total debt ratio
= $657,000 ÷ 0.31
= $2,119,354.839
Total equity = Total Assets - Total Debt
= $2,119,354.839 - $657,000
= $1,462,354.839
Net profit = Total equity × Return on equity
= $1,462,354.839 × 0.161
= $235,439.129
And, finally
ROA = Net profit ÷ Total Assets
= $235,439.129 ÷ $2,119,354.839
= 11.11%
Answer:
False
Explanation:
The growth of 4% for 25 years would nominally signify a 100% increase and you might think that the economy has double its size. But you must take into account that’s this is a compound growth then the economy would reach the double of its size before 25 years.
Think that he initial size of the economy is 10 and it grows 4% then an annual growth will be 10,4 now the compound grow is adding up 0,4 to the initial size of 10. Then you recalculate a growth of 4% for the second year this means 10.816 grow.
If you notice the extra 0.016 increase for the second year is the effect of calculating the 4% increase based on the previous size 10 plus 0.4.
Answer:
Overally, the statement of cash flows will report net cash inflows of $145,000.
Explanation:
The sale would attract proceeds of $145,000 which is a cash inflow to the company.
The profit on sale of ( $145,000 - $120,000 )$25,000 is a non- cash flow item.
The Purchase of new equipment by signing a long-term note payable is a non-cash financing and investment activity.
Conclusion :
Overally, the statement of cash flows will report net cash inflows of $145,000.
Answer:
C.Unit elastic
Explanation:
Unit elastic demand is the term that describes a scenario where a change in price causes a proportionate change in demand. It is one of the types of elastic demand. A good or service is said to have elastic demand if a small change in price causes a considerable change in the quantity demanded.
In the unit elastic demand, if a product price changes by a certain percentage, the demand will change by an equal percentage. In this scenario, a 7 percent price increase results in a 7 percent decrease in demand.
As a science, psychology gains knowledge through observation and measurement. this approach is called<u> "empiricism",</u> and the step-by-step implementation is called the <u>"scientific" </u>method, which follows systematic steps in a bias-free way, in order to obtain <u>"reproducible"</u> results.
Empiricism is an essential part of the scientific method since speculations and theories must be watched and tried to be viewed as precise. Empiricists will in general be skeptical that anything can be known for certain and, in this way, they tend not to put stock in creeds or total certainties. Empiricism is a philosophical conviction that expresses your insight into the world depends on your encounters, especially your tactile encounters.
