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
andreyandreev [35.5K]
3 years ago
12

QUESTION 10

Business
1 answer:
8090 [49]3 years ago
3 0

Answer:

a. 7.22%

Explanation:

The computation of the return on total assets is shown below:

= Net income after taxes ÷ total assets at the end of the last year

= $22,750 ÷ $315,000 × 100

= 7.22%

Hence, the return on total assets is 7.22%

Therefore the correct option is a.

You might be interested in
A ________ is an individual or organization who seeks out opportunities to improve society by using practical, innovative, and s
gtnhenbr [62]

Answer:

The correct answer is letter "B": social entrepreneur.

Explanation:

Social entrepreneurs are people interested in going into ventures not necessarily to generate revenue but for making a good to their societies. Their organizational activities mainly focus on providing pollution-free goods or acting as a philanthropic entity. These institutions have a high corporate social responsibility that aims to last over long periods.

8 0
3 years ago
Melinda signs a three year contract for employment as a legal studies lecturer. Does this type of contract fall within the scope
abruzzese [7]

Answer: Yes, because it is a contract whose terms prevent possible performance within one year

Explanation:

The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.

Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.

3 0
3 years ago
Cheryl purchased 5 identical hollow pine doors and 6 identical solid oak doors for the house she is building. The regular price
almond37 [142]

Answer:

The answer to this question is option C. $560

Explanation:

We can let the price of each hollow pine door = d and of each solid oak door = 2d.

Since each pine door = 40, d = 40, and the regular price of each solid oak door is (2)(4) = 80.

With a 25% discount, each solid oak door is 0.75(80) = 60.

So, the six oak doors cost 6 x 60 = 360 dollars, and the five pine doors cost 5 x 40 = 200 dollars. Thus, the total is 560 dollars.

Hence the answer is C

6 0
4 years ago
Read 2 more answers
assume that two firms are both following generally accepted accounting principles. both firms commenced operations two years ago
Igoryamba

The statement is False as when the balance sheets for the two companies are submitted to investors, they are not obligated to disclose the same amount of net fixed assets.

The Property, Plant, and Equipment classification is used to categorize fixed assets on a company's balance sheet. The cost of fixed assets is decreased on the balance sheet by depreciating them over the course of their useful lives in order to account for wear and tear. Both firms started off with $1 million worth of identical fixed assets when they first opened their doors two years ago, and neither one has sold or added any new ones. So, they are not supposed to report the same amount of fixed assets to investors since there is an absence of asset purchases.

Both current assets and fixed assets are listed on the balance sheet, with current assets intended for use immediately or for cash conversion and fixed assets for longer-term usage (more than one year).

Learn to know more about Accounting principles on

brainly.com/question/18006164

#SPJ4

8 0
1 year ago
The aggregate demand curve would shift to the right as a result of A. tax increases. B. a drop in the price level. C. a drop in
UNO [17]

Answer:

. C) a drop in the foreign exchange value of the dollar.

Explanation:

An aggregate demand curve can be regarded as a curve that display total spending that is available

domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.

6 0
3 years ago
Other questions:
  • Rent-a-Furniture Center is offering a living room set that retails for $799 for $25 per week for 1 year. What is the percent mar
    5·1 answer
  • Ahnberg Corporation had 560,000 shares of common stock issued and outstanding at January 1. No common shares were issued during
    10·1 answer
  • Which of the following is an example of the use of fiscal policy by the U.S. government? A. Congress makes it illegal for the po
    7·2 answers
  • The ____ server is usually a high-powered workstation that maintains a large file system of data sets, user profiles, and access
    11·1 answer
  • Tim, a real estate investor, Ken, a dealer in securities, and Hardware, Inc., a retail lumber store, form a partnership called H
    12·1 answer
  • Hartley Psychiatric, Inc., needs to purchase office equipment for its 2,000 drive-in therapy centers nationwide. The total cost
    11·1 answer
  • Question 22
    11·1 answer
  • Supervisors can more easily manage employees' motivation than they can their ability or the environment.
    5·1 answer
  • As a veterinarian technician, Alma offers to perform blood tests to hone her diagnostic skills, volunteers to organize the free
    5·1 answer
  • atkins company collected $1,750 as payment for the amount owed by a customer from services provided the prior month on credit. h
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!