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
What is important to consider about a facility for a business?
Mamont248 [21]

It is important to consider some factors when choosing a facility for your business. Some critical factors to consider include the following.

  • Location (on well-traveled streets, or tucked away in the country)
  • The interior layout: the amount of space, how it would be subdivided into rooms or work areas to best serve you
  • How it could be constructed or decorated to provide the capabilities and business atmosphere that best suits your operation
  • The exterior: its appearance (and that of surrounding buildings) and the impression that it conveys about your business
  • Provision for necessary features such as parking facilities and loading docks

<h3>What is a Business Facility?</h3>

A Business Facility refers to a building location or portion at which employees perform services for their employer.

It is important to note that a business facility  does not include any workplace or portion of a workplace that also serves as the employee's or employer's personal residence.

Learn more about business facility at  brainly.com/question/12255901

SPJ1

3 0
2 years ago
On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i
I am Lyosha [343]

Answer:

1. $550,000

Explanation:

1. It is given in the question that the stated interest rate and the market interest rate both are having the same rate, i.e, 12%.

Hence, the bonds are issued at the face value that is $550,000.

2. The Journal entries are as follows:

(i) On January 1,

Cash A/c      Dr. $550,000

To bonds payable               $550,000

(To record the bond issuance)

(ii) On December 31,

Interest Expense A/c   Dr.   $66,000

To cash A/c                                          $66,000

(To record the first interest payment on December 31 assuming no interest has been accrued earlier in the year)

Workings:

Interest expense = $550,000 × 12%

                             = $66,000

7 0
3 years ago
Business sofware programs make it possible to
Leto [7]

Answer:

increase productivity in office setting

4 0
3 years ago
_________ involves reviewing the project charter, requirements documents, and organizational process assets to create a scope st
Shalnov [3]

Answer:

The correct answer is B

Explanation:

Defining the scope means all the work which is required to be completed in order to accomplish the objectives or goals of the project. In short, it comprise of the procedure of documenting, reviewing and the identifying the particular goals of the project, tasks, timeline dates, outcomes and costs to the objective of the project.

Therefore, the defining scope comprise of the process of organizational, reviewing the project charter and documents in order to establish the scope statement adding information as the requirements are developed.

7 0
4 years ago
Should scalpers go get a d*mn life and get a real job instead of sitting inside their homes and skipping showers 5 times a week
Sindrei [870]

Answer:

I-  that was deep

Explanation:

4 0
3 years ago
Other questions:
  • New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable
    15·1 answer
  • Managers are increasingly viewing the world as "one big marketplace" due to globalization and the interconnectedness of national
    7·1 answer
  • An electronic card that is directly connected to a checking account is known as
    12·2 answers
  • Manufacturing overhead costs incurred for the month​ are: Utilities $ 39 comma 000 Depreciation on equipment $ 24 comma 000 Repa
    11·1 answer
  • A metallurgical engineer decides to set aside money for his newborn daughter's college education. He estimates that her needs wi
    5·1 answer
  • "Try reorganizing your company. Make sure that all of the employees who are doing one kind of work report to the same manager. W
    11·1 answer
  • A store that offers a wide variety of shoes for men, women, and children would most likely be considered a(n):
    6·2 answers
  • A bakery invest a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that als
    12·1 answer
  • Cwhat is the name of the international financial institution dedicated to the economic advancement of developing nations through
    5·1 answer
  • Stephen bought 85 shares of United Rotators at $6. 34 each, 110 shares of Dowc Beverage Co. At $13. 13 apiece, and 133 shares of
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!