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kolbaska11 [484]
3 years ago
7

A company reports the following income statement and balance sheet information for the current year:

Business
2 answers:
Luda [366]3 years ago
6 0

Answer:

10.1%

Explanation:

Given the above information, return on total asset is computed as;

Return on total asset = Net income / Average total assets

Net income = $24,000

Average total assets = $4,200,000

Therefore,

Return on total assets = $424,000 / $4,200,000

Return on total assets = 10.1%

Georgia [21]3 years ago
4 0

Answer:

10.1%

Explanation:

Determine the return on total assets. (Round percentages to one decimal place.) <u>10.1%</u>

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Assume that General Electric (GE)'s current assets are $401 billion, fixed assets are $797 billion, current liabilities are $323
notka56 [123]

Answer:

Answer is explained below in the explanation section.

Explanation:

Solution:

We can not solve this question as it lacks necessary data.

1. GE's Translation Exposure using current/noncurrent:

$401 billion - $401 billion = 0.

0 is the GE's translation exposure using current/noncurrent method.

2. Using Monetary/Non-monetary:

We can not calculate this requirement as we don't have the breakdown of GE's assets and liabilities under monetary/nonmonetary. So, it is not possible under the given information.

3. GE's Translation Exposure using Temporal method:

Again, we do lack necessary data to solve for this requirement. We need GE's breakdown of current assets and inventory and monetary assets to solve this question. Therefore, it is not possible to solve this question.

4. GE's Translation Exposure Using Current Rate methods:

GE's Exposure = (Current Assets + Fixed Assets) - Current Liabilities

GE's Exposure = ($401 billion + $797 billion) - $323 billion

GE's Exposure = ($1198 billion) - $323 billion

GE's Exposure = $875 billion

8 0
2 years ago
the increasing cost and volatile prices of natural resources is a key driver of sustainable marketing. the increasing cost and v
Vinvika [58]

The increasing cost and volatile prices of natural resources is a key driver of sustainable marketing. the increasing cost and volatile prices of natural resources are key drivers of sustainable marketing. False

Sustainable marketing is the promotion of environmentally and socially accountable merchandise, practices, and brand values. if you've ever spent a touch bit greater on something due to the fact you knew it turned into domestically sourced or 100% recyclable, you've got experienced sustainable advertising.

As an example, if clients value a product's residences, the organization can also market the product as being crafted from recycled substances. If customers recognize a product's capacity to save them time, the enterprise may additionally market the product as being easy to apply and time-saving.

Learn more about Sustainable marketing here:

brainly.com/question/29650179

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8 0
1 year ago
When merging REA diagrams from two different cycles, it is not necessary to change the minimum cardinality for _____ that appear
elixir [45]

Answer:

c. Events

Explanation:

REA is the acronym for Resource, event, agent. It is a model employed by the Accounting Information System (AIS). REA comprises three (3) categories of elements.

  • Resource ( inventory, cash)
  • Event (sale, purchase)
  • Agent (customer, employees)

REA a technique used for documentation, and it represents a portion of an entity-relationship diagram.

During the different evaluation of business cycles, the minimum cardinalities of the event are usually the same. It is not altered, i.e., they remain 0 despite each business cycle component when REA diagrams are fused.

3 0
3 years ago
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Job application crossword puzzle
777dan777 [17]

Answer:

I can't see it so ask the same question but with a picture

6 0
2 years ago
What is a subcontractor
egoroff_w [7]

Answer:

business or person that carries out work for a company as part of a larger project.

Explanation:

A hun

8 0
2 years ago
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