Ask question

Ask question

All categories

sergij07 [2.7K]

2 years ago

9

Your restaurant’s revenue is 710,000 expenses total 890,000 , and your total investment is 3 million. What is your return on inv

estment
A) -6%
B) -3%
C) 1%
D) 6%

1 answer:

Karo-lina-s [1.5K]2 years ago

8 0

Answer:

A) -6%

Explanation:

You might be interested in

A proposed new project has projected sales of $175,000, costs of $93,000, and depreciation of $24,800. The tax rate is 23 percen

allochka39001 [22]

Answer and Explanation:

Sales = $175,000

Less: Cost = $93,000

Gross Profit = $82,000

Less: Depreciation = $24,800

EBT = $57,200

Less: Tax [email protected]% = $13,156

EAT = $44,044

a). OCF = EBIT + Depreciation - Taxes

= $57,200 + $24,800 - $13,156

= $68,844

b). OCF = [(sales - costs - Depreciation) * (1 - T)] + Depreciation

= [($175,000 - $93,000 - $24,800) * (1 - 0.23)] + $24,800

= $68,844

c). OCF = [(sales - costs) * (1 - T)] + [Depreciation * T]

= [($175,000 - $93,000) * (1 - 0.23)] + [$24,800 * 0.23]

= $68,844

d). OCF = Net income + depreciation

= $44,044 + $24,800

= $68,844

6 0

2 years ago

Shockglass Company had a beginning inventory of $15,000. During the year, the company recorded inventory purchases of $45,000 an

Otrada [13]

Answer:

A. $10,000

Explanation:

We know that :

cost of goods sold = opening inventory + purchases - ending inventory

hence,

Ending Inventory = opening inventory + purchases - cost of goods sold

therefore,

Ending Inventory = $15,000 + $45,000 - $50,000

= $10,000

The ending inventory must equal: $10,000

8 0

2 years ago

All of the following costs are likely to decrease as a result of better quality except:

swat32

Answer:

The correct answer is (d)

Explanation:

Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.

5 0

3 years ago

A cell phone provider charges felicia $50 per month for her plan plus $0.05 per min of long distance calls.if felicia wants to k

Sunny_sXe [5.5K]

$0.05m + $50>55

0.05 per minute plus $50 per month for the plan less than $55

7 0

2 years ago

Which sequence describes the long-run adjustment process in a competitive market when firms are experiencing short-run economic

dedylja [7]

Answer:

b. some firms exit, industry supply decreases, market price rises.

Explanation:

A perfect competitive industry is characterised by many buyers and sellers of homogenous goods and services. There are no barriers to entry or exit of firms.

If firms are making economic loss is the short run, in the long run, firms leave the industry. This leads to a fall in supply and prices rise as a result. In the long run, firms in a competitive industry earn zero economic profit.

I hope my answer helps you

7 0

3 years ago