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
Genrish500 [490]
3 years ago
7

Your sister is thinking about starting a new business. The company would require $300,000 of assets, and it would be financed en

tirely with common stock. She will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an ROE of 13.5%. How much net income must be expected to warrant starting the business
Business
1 answer:
Radda [10]3 years ago
5 0

Answer: $40,500

Explanation:

The company would be expected to make a net income of 13.5% of the amount invested in assets.

ROE = Net income / Equity

Net income = ROE * Equity

Assets are the same as equity in this scenario because the company is entirely funded by equity.

= 13.5% * 300,000

= $40,500

You might be interested in
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called __________.
Furkat [3]
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called Progressive tax. It is the type of tax that goes on increasing with increase of income. The people with higher income pays a higher amount of tax than the people with lower income. I hope the answer has helped you.
4 0
4 years ago
Your boss has given you permission to order new office supplies answer
Gre4nikov [31]
Wow! If my boss is this generous, I will first thank him or her. After that, I will make a list of the office supplies I will need to be more productive at work. Note that not all supplies may be granted so don't keep your hopes up. The next thing I'll do is to have him acknowledge the list I made and thank him for giving me this opportunity.

So let us note what we have to do:
1) Thank your boss.
2) List down the office supplies you need.
3) Have your boss authorize the list and thank him or her once again.
4 0
3 years ago
Read 2 more answers
A nation's legal system is usually of very little interest to international business managers, because international businesses
olganol [36]

The answer is True

The four fundamental systems of civil law, common law, statutory law, and religious law—or mixtures of these—are typically the foundations of the present national legal systems. However, because each nation's legal system is molded by its distinct past, it contains distinctive variances. Comparative law is the name of the field of study that examines law just at level of legal systems.

Both civil law (also known as Roman law) and legal system systems can be regarded as the most prevalent in the globe. Civil law is the most prevalent in terms of both landmass and population, while common law is used by the most people of any single civil law system.

To know more about fundamental refer to brainly.com/question/2224584

#SPJ4

7 0
1 year ago
_____ are labor markets in which workers are hired into entry level jobs and higher level jobs are filled from within. select on
bixtya [17]
The answer will be C . Internal Labor Markets
7 0
3 years ago
Anita is interested in new technology that can make the processes at her business run more smoothly. What resources could she us
otez555 [7]
D all of the above this is correct because she would learn and derive information from all these sources.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Why should the client's legal expenses be examined?
    9·1 answer
  • Hemingway Corporation has 100,000 shares of common stock issued and outstanding. At the meeting of the board of directors on Dec
    5·2 answers
  • Consumer surplus is: the difference between the price of a product and consumers' valuation of the last unit of the product purc
    12·1 answer
  • Which of the following is a valid shortcoming of the use of foreign aid to eradicate​ poverty? A. It may not lead to a sizable i
    14·1 answer
  • Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
    11·1 answer
  • The following stockholders' equity accounts were taken from the balance sheet of LAH Corporation as of December 31, 2019 Common
    10·1 answer
  • MC Qu. 98 At the beginning of the recent... At the beginning of the recent period, there were 1,470 units of product in a depart
    13·1 answer
  • Which of the following statements is CORRECT?
    5·1 answer
  • Consider the following case: John Smith is a archaeologist with a Ph.D. He has excavated sites across much of South America and
    8·1 answer
  • A company has net sales of $852,000 and cost of goods sold of $565,000. its net income is $101,800. the company's gross profit a
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!