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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%

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What significance is hiring the right candidate to a bussines success?

mr_godi [17]

Well if you higher someone for let’s say a fast food place but they can’t cook or they have terrible customer service they that business is not going to get as many customers and will then lose money, which is why you should higher people who know what they are doing.

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3 years ago

A monopolistically competitive market has characteristics that are similar to:a. a monopoly only.b. a competitive firm only.c. b

Ber [7]

Answer:

c. both a monopoly and a competitive firm

Explanation:

A monpolistically competitive firm is a firm that has the features of both a monopoly and a competitive firm

Characteristics of a monopoly in a monpolistically competitive firm:

1. Products are differentiated in a monpolistically competitive firm.

2. Firms are price setters.

Characteristics of perfect competition in a monpolistically competitive firm:

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3 years ago

Suppose that $2500 is placed in a savings account at an annual rate of 5%, compounded quarterly. Assuming that no withdrawals ar

babymother [125]

Answer:

number of periods = 8 years.

Explanation:

We know,

Future Value = Present value × $(1 + r)^{n}$

Here,

Present value = PV = $2,500

Future value = FV = $3,500

Interest rate (Compounding) = 5% = 0.05

We have to determine how many years (Periods) it will take, n = ?

Putting the values into the above formula,

$3,500 = $2,500 × $(1 + 0.05)^{n}$

or, $(1 + 0.05)^{n}$ = $3,500 ÷ $2,500

or, n log 1.05 = 1.4

or, n × 0.17609 = 1.4

or, n = 1.4 ÷ 0.17609

Therefore, number of years = 7.95 or 8 years.

5 0

3 years ago

Which of these forms should you use to file your tax return?

Andrew [12]

You need to file W-2

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2 years ago

For halloween debby and her sister combined the candy they received. debby had thirty-two pieces of candy while her sister had f

Alinara [238K]

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2 years ago