1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zavuch27 [327]
3 years ago
14

The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rat

e of return 12% Return on investment (ROI) 15% Sales $ 900,000 Turnover (on operating assets) 3 times What was the Legume Division's net operating income last year
Business
1 answer:
Lubov Fominskaja [6]3 years ago
4 0

Answer: $45000

Explanation:

Firstly, the operating asset will be calculated which will be:

Operating asset = Sales / Turnover

= 900,000/3

Operating assets = $300,000

Then, the net operating income will be: Return on investment × Operating assets

Net operating income = 300,000 × 15%

= 300,000*0.15

= $45,000

Therefore, Legume Division's net operating income last year is $45000

You might be interested in
A company paid $0.58 in cash dividends per share. Its earnings per share is $4.30 and its market price per share is $28.75. Its
Lina20 [59]

Answer:

a) 2.02%

Explanation:

Dividend yield = Cash dividend per share / Market price per share

Dividend yield = $0.58 / $28.75

Dividend yield = 0.02017

Dividend yield = 2.02%

5 0
3 years ago
Common stocks have less security than ______________ stock, but it also has greater potential for reward.
Yuri [45]

Your answer is, Preferred.

<h3><u>What is a Preferred Stock</u></h3>

Preferred stock is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument.

<h3><u>Impact of a Preferred Stock</u></h3>

Companies that offer preferred shares instead of issuing bonds can accomplish a lower debt-to-equity ratio. That allows them to gain significantly more future financing from new investors. A company's debt-to-equity ratio is one of the most common metrics used to analyze the financial stability of a business.

<h3><u>The 5 types of Preferred Stock</u></h3>
  • cumulative
  • participating
  • convertible
  • callable
  • adjustable-rate

Thus, <u>option c</u> is your answer.

Learn more about a Preferred Stock here: brainly.com/question/18068539

6 0
3 years ago
Suppose that Jacob's assets include a motorcycle worth $12,000 and a checking account with a $3,000 balance, while his liabiliti
Sonbull [250]
Answer is A






Explanation:
7 0
3 years ago
I need help with 9 and 10 please ​
sweet-ann [11.9K]

9. D) 73.50

8.4%*$875

Move the decimal place to multiply by a percent:

.084*875= $73.50

10. D) $15,917

(100 shares * $44.41/per share)+ (600 shares *$19.08 per share) + (.04* [600+100])

($4,441) + ($11,448)+ ($28)= $15.917

3 0
3 years ago
Firestop Inspectors are encouraged to look for empty containers to confirm that a. The appropriate materials are being used b. T
MA_775_DIABLO [31]

Answer:

D both A and b

Explanation:

For the fire inspectors, not only are they expected to confirm that appropriate materials are being used but also, to ensure that the quality are top notch. This is to prevent outbreak of fire. For example, in a place where metal bin with lid are to be used, if plastic bin is being used, there is high chances of fire outbreak occurring when a used cigarette stick is thrown into it.

6 0
3 years ago
Other questions:
  • When a buyer acquires a property having an existing mortgage loan, a decision must be made as to whether or not the subsequent o
    10·1 answer
  • What helps advertisers decide what works and what could be improved?​
    11·1 answer
  • A narrative report is a type of inspection report that's
    15·1 answer
  • A key to positioning a product or brand effectively is discovering the perceptions of its potential customers. In determining it
    9·1 answer
  • MC 07 Countries A, B, and C are at a particular... Countries A, B, and C are at a particular level of economic integration. All
    8·1 answer
  • The five basic characteristics of a quality marketing objective is that be
    7·1 answer
  • you are a manager of a large business enterprise. explain how you would address issues of equality respect and dignity in your b
    7·1 answer
  • A firm just paid an annual dividend of $1.00 today. The dividend is expected to growth at a rate of 14% for the next three years
    14·1 answer
  • A company's direction, objectives, and strategy Group of answer choices are set in stone as the end of the planning process. nev
    13·1 answer
  • __________ generally makes drivers sloppy and aggressive. alcohol dramamine marijuana lsd submit answer
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!