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3 years ago

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

Business

1 answer:

damaskus [11]3 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%

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In a perfectly competitive market, all producers sell very different goods or services. additionally, there are many buyers and

seropon [69]

Pretty sure it's false because there is some competition between electric and gas companies.

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3 years ago

At the beginning of the current year, Bard Corporation had 400,000 shares of $1 par common stock outstanding and had retained ea

sveta [45]

Answer:

b. $14,660,000

Explanation:

The computation of retained earnings at the end of the year is shown below:-

Retained earnings = Beginning retained earning + Net income - Stock dividend - Cash dividend

= $11,000,000 + $5,000,000 + $500,000 - $840,000

= $14,660,000

Working Note :-

Stock Dividend = 400,000 × 5% × $25

= $500,000

Cash dividend = (400,000 + (400,000 × 5%) × $2

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3 years ago

The changes in account balances for Elder Company for 2018 are as follows: Assets $ 680,000 debit Common stock 350,000 credit Li

hammer [34]

Answer:

Net income will be $160000

So option (c) will be the correct answer

Explanation:

We have given debt common stock = $680000

Credit liabilities = 350000

Credit paid in capital = 190000

And excess of par 30,000 credit Assuming the only changes in retained earnings

So 680000 = 350000+190000+30000+ retained earning

So retained earning = $110000

Dividend paid = $50000

So net income = dividend paid + retained earning = $110000+$50000 = $160000

So option (c) will be the correct answer

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3 years ago

Amazon’s home delivery of groceries and instacart’s delivery of whole foods items are found where on the market development curv

dedylja [7]

You can accomplish your business objective with the aid of cost-per-click and cost-per-mile ad solutions. No recurring or up-front costs. Ads may be made quickly. Ad experience is not necessary. aid in reaching more consumers. CPC advertisements. The expense is in your hands. Types: Amazon home delivery and Amazon DSP.

Provide value to customers by delivering high-quality goods to their homes Boost Whole Foods' standing as a source of superior food Growing rivalry between groceries home delivery services further disperse the grocery market Which of the following best represents the situation Amazon and Whole Foods would be in if adoption quickens as the technology is better understood and used by the general market? Amazon will have to buy more and more rivals in order to stay competitive. Their situation won't change at all.

Learn more about delivery here.

brainly.com/question/28062155

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1 year ago

Efficiently scheduling material and labor is an example of ________________ decisions

Bas_tet [7]

A) strategic
B) tactical
C) operational
D) short-term
E) none of the above

its b tactical

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3 years ago