Answer:
Rate of return=0.222=22.2%
Explanation:
Price at which shares are sold=$45 per share
Number of shares=100 shares
Initial margin=50%=0.5
Price of share on repurchase=$40 per share
Required:
Rate of return if shares are repurchased=?
Solution:
Rate of return=
Profit earned=($45-$40)*100
Profit earned=$500
Initial Investment=(100*45)0.5
Initial Investment=$2,250
Rate of return=
Rate of return=0.222=22.2%
Answer:
D. $5
Explanation:
Accountants calculate only explicit costs, or costs that are directly attributed to the process. (This is different than how an economist would calculate costs, because economists would also include the implicit costs such as the opportunity cost of the wages Walter could be earning at the store if he wasn't making bird houses).
Answer:
Military equipment.
Explanation:
American industry during wars required enough of industrial power to outstand other countries. To do this, the automobile industry was specifically equipped with raw materials to manufacture war vehicles such as tanks, jeeps, and trucks. Thus, this industry was uniquely suited to the mass production of 'Military Equipment'.
Answer:
A) 7.0%
Explanation:
Average total Assets = (Opening Assets + Closing Assets) / 2
Average total Assets = (200,000 + 300,000) / 2
Average total Assets = $250,000
Formula for return on assets:
Return on assets = Net Income /Average total Assets
Return on assets = 17,500 / 250,000
Return on assets = 0.07
Return on assets = 7%
Correct option is A) 7.0%
