Answer:
Apollo's return on equity is 38.17%
Explanation:
The formula to compute the return on equity is shown below:
Return on equity = Net income ÷ total equity
where,
Net income = $50,000
And, the total equity is
= Common stock + retained earnings
= $10,000 + $121,000
= $131,000
Now put these values to the above formula
So, the value would equal to
= $50,000 ÷ $131,000
= 38.17%
Answer:
c. 10%
Explanation:
Margin of safety is the sales value at which the business is safe from making loss. It measures the profit after the break-even point. The sales over the break-even point is considered as the margin of safety.
Margin of safety = Actual Sales - Break-even point = 12,500 units - 11,250 units = 1250 units
Percentage of margin of safety to sales = Margin of safety / Actual sales
Percentage of margin of safety to sales = 1,250 / 12,500
Percentage of margin of safety to sales = 0.10
Percentage of margin of safety to sales = 10%
Answer:
What is the best way to get his service to his target customers?
Explanation:
Answer:
Assuming factors other than those being considered In a particular analysis do not change
Explanation:
ceteris paribus means all other things remaining equal. It means other factors other than those being considered In a particular analysis do not change.
For example, according to the law of supply, all other things remaining equal, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
It is expected that the higher the price, the higher the quantity that would be supplied as suppliers would want to maximise profit. This is assuming that other factors apart from price don't change. Now assume that the government place a limit on the amount of a good that can be produced. If the limit is exceeded, erring firms can face jail time. Once this limit is exceeded, no matter the price increase, the quantity supplied would not rise.
Answer:
True.
Explanation:
When companies are initiating measures to boost profits for public interest, the public social welfare is increased. Companies do represent that the purpose of their business is not only to raise profits but also to serve society and their welfare. The statement is therefore true corporate social responsibility is not relevant when profits of organizations are aligned to the public interests.