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julia-pushkina [17]
3 years ago
8

Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat

ed that Database Systems can generate $2,150,000 in annual sales, with an 7 percent profit margin. What would net income and return on assets (investment) be for the year? (Input your return on assets answer as a percent rounded to 2 decimal places.)
Business
1 answer:
Delvig [45]3 years ago
4 0

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

                            = $150,500 ÷ $750,000

                            = 0.2006

                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

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We shall Ignore cost of sugar cane at $0.36 per pound, as its going to be incurred for both processes.

Lets find the cash flow from not processing further:

42500 pounds Sugar @ $1.43 per Pound $60,775

Lets find the cash flow from Processing Further:

If 42500 pounds of raw sugar are processed further, we get 34000 pounds of refined sugar(42500/1.25)

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Total Cash Flow $54995

As can be observed, the organisation earns more when they sell raw sugar, Thus sugar should not be processed further.

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Answer:

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Steve is preparing a comparative market analysis for the Joneses and has selected three comparable properties. How many adjustme
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The number of adjustments that Steve has to make for Jones's property is 0.

<h3>What is a comparative market analysis?</h3>

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The adjustments that have to be made to a property is going to be 0 based on the property.

Read more on market analysis here:

brainly.com/question/17246850

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