All categories

2 years ago

Hot Shot Delivery Inc. provides the following year end data:

Business

1 answer:

damaskus [11]2 years ago

4 0

Answer:

c. 42.6%

Explanation:

Average total assets = $410,000+$257,000/2

Average total assets = $667,000

Average total assets = $333,500

Net income = $112,000

Interest expenses = $30,000

Return on total assets = Net income + Interest expenses / Average total assets

Return on total assets = $112,000 + $30,000 / $333,500

Return on total assets = 0.42388060

Return on total assets = 42.39%

You might be interested in

As customers of pierre’s dress shoppe prepared their wardrobes for winter, they purchased all of the long-sleeved dresses he had

laila [671]

The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.

3 0

3 years ago

Each of the following is a type of homework except?

Tcecarenko [31]

Answer: concentration

Homework has this basic purposes: 1) practice 2) preparation 3) study, extend or elaborate, and integrate

Homework aims s to help students to strengthen what they learned in class and also to gather extra information beyond what is thought and integrate them into their everyday lives.

Concentration is not included to the type of homework.

6 0

2 years ago

Suppose, at a given federal funds rate, there is an excess supply of reserves in the federal funds market. If the Fed wants the

astraxan [27]

Answer:

B) sale; decrease

If the Fed wants the federal funds rate to stay at that level, then it should undertake an open market SALE of bonds, everything else held constant. If the Fed does nothing, however, the federal funds rate will DECREASE.

Explanation:

The federal funds rate is the rate at which banks make overnight loans to other banks or financial institutions. If the supply of money is too high, then the interest rates will start to decrease.

Money is like any other good, and its price is determined by the supply and demand. The higher the supply, the lower the equilibrium price. The equilibrium price of money is the interest rate.

If the Fed wants to avoid the decrease in the interest rate, it must absorb excess supply of money, and the only way it can do it is by selling bonds.

3 0

2 years ago

This activity is important because marketing managers must discover what prospective customers need and want. Marketing managers

RUDIKE [14]

Answer:

Note: See table attached to question below to fully understand

Marketing mix Business traveller Luxury traveller

element segment segment

Product strategy Luxury car SUV or Minivan

Price strategy Premium Saver

Promotion strategy Gold club Free car seat

Place strategy Airport hubs Park access

8 0

3 years ago

If a human resources manager estimates the probability that a certain percentage of employees will take advantage of a proposed

azamat

Answer:

The correct Answer is "Estimation"

Explanation:

By utilizing the probability that the certain amount of workers will deal with advantage plan administrator working under the state of estimation. In which he use probability that specific measure of individuals will participate in that specific arrangement and expect interest rate of workers.

8 0

2 years ago