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Nataly_w [17]
3 years ago
9

A fire destroyed a large percentage of the financial records of Carter Health System. You have the task of piecing together info

rmation to prepare a financial report. You find the profit margin to be 5.4 percent. If sales were $4 million on total assets of $2 million, and the amount of debt financing was $800,000, what was Carter's return on equity (ROE)?
a. 21.6%.
b. 25.8%.
c. 13.8%.
d. 18.0%.
e. 19.2%.
Business
1 answer:
klemol [59]3 years ago
4 0

Answer:

d. 18.0%

Explanation:

Calculation to determine what was Carter's return on equity (ROE)?

First step is to calculate the Net income

Net income = sales * profit margin

Net income= 4 million * 5.4%

Net income= 216000

Second step is calculate the Equity

Equity = total assets - debt

Equity= 2000000 - 800000

Equity= 1200000

Now let determine the ROE

ROE = Net income/Equity

ROE= 216000/1200000

ROE= 18%

Therefore Carter's return on equity (ROE) is 18%

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frosja888 [35]

Answer:

C. She may receive distributions over her expected life

Explanation:

The deal that derives that if there is one inherits so IRA could be inherited from the spouse. In this case, the fund would remain in the IRA with no tax outstanding unless the spouse continues for taking the distributions it could be started by age 70 and half.

If we skip the given away option that implies the transfer the IRA in a Beneficiary Distribution Account. Also the distributions arise when there is a depletion over the five years

Since she is 28 years old so the expected life is for another 50 + years or more so it decreases the needed yearly distribution

Therefore the option C is correct

5 0
3 years ago
Jerry bought his home 15 years ago for $60,000. Three years ago, Jerry married Debbie and she moved into the same house and has
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Answer:

The correct answer to the following question is option A) $0

Explanation:

Given information  -

House bought 15 years ago by Jerry at - $60,000

Jerry and her wife Debbie sold the house for - $340,000

The realized gain for Jerry and Debbie on the sale of house - $280,000 ( $340,000 - $60,000 )

Jerry and Debbie wants to file joint tax return , and they are allowed an exclusion up to $500,000. Which means if the amount of gain doesn't exceed $500,000, then they won't have to pay tax on this gain.

4 0
3 years ago
Hayden, a BCBA, has been working with a client for quite some time on acquiring the skill of being able to order food at a fast
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Answer:

The correct answer is A. make sure the client will receive reinforcement in the natural environment.

Explanation:

It is probable that in the process of requesting food there will be no problems, however the work of the BCBA consists of analyzing all possible scenarios in order to think of alternatives that allow solving problems that may arise. The natural environment is always changing, for this reason the client must have the necessary tools to face this type of situation.

6 0
3 years ago
The demand curve for coffee shifts Group of answer choices only when income changes. when a determinant of the demand for coffee
irinina [24]

Answer:

when a determinant of the demand for coffee other than the price of coffee changes

Explanation:

There should be the demand curve of the coffee shifted at the time when the coffee demand other than the coffee price change i.e. it can be increase or decrease. In other words, all the factors are changed other than price so there would be the shift in the demand curve of the coffee

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3 0
3 years ago
In the short​ run, a​ firm's total costs of producing the hundredth unit of output equal ​$9 comma 000. If it produces one more​
Masteriza [31]

Answer:

The marginal cost for producing the 101th unit is $100

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The marginal cost can be defined as the cost of producing an additional unit of output. It can be traced by increasing the total output by one unit and tracing the change in the total cost as a result of this one unit increase in output.

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The marginal cost of 101th unit is = Total cost of 101 units - total cost of 100 units

The marginal cost of 101th unit = 9100 - 9000 = $100

6 0
3 years ago
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