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dem82 [27]
3 years ago
11

Database Systems is considering expansion into a new product line. Assets to support expansion will cost $970,000. It is estimat

ed that Database can generate $2,060,000 in annual sales, with an 6 percent profit margin. What would net income and return on assets (investment) be for the year
Business
1 answer:
Oksanka [162]3 years ago
4 0

Answer and Explanation:

The computation is shown below:

net income is

= sales  × profit margin

= $2,060,000 × 0.06

= $123,600

And,  

return on assets is

= net income ÷  total assests

= $123,600 ÷  $970,000

= 12.74%

In this way these two things should be calculated

and, the same should be considered

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Answer: intensive distribution

                 

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Hence from the above we can conclude that the correct option is B.

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A term describing a firm's normal range of operating activities is: (a) Relevant range of operations. (b) Break-even level of op
OLga [1]

Answer:

A firm's normal range of operating activities is relevant range of operations.

Explanation:

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3 years ago
The most common type of family structure for u.s. children aged 6 to 11 is:
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Single parent household
8 0
4 years ago
A group of brands that results from an information search that a buyer can choose among is referred to as the buyer’s __________
Gennadij [26K]

Answer:

The correct answer is "evoked set"

Explanation:

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In 20X8, the following pledges were made: $35,000 in unrestricted contributions for use in 20X8; $20,000 in contributions restri
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