Increases outputs by smaller and smaller amounts.
Diminishing returns means that at a certain point with all other factors equal, increasing the inputs will yield more and more decreased outputs.
<span>Economists measure the money supply because it's directly connected to the activity of taking place all around us in the economy world.the M1 is the narrowest definition of money. M1 consists of coins and currency, checking accounts and traveler's checks.</span>
Answer:
Option "A" is the correct answer to the following statement.
Explanation:
Implicit cost is a special type of opportunity cost, its generate when an organization or a business has to pay his cost and does not necessary to show it. for example, a businessman gets a salary from his organization.
- In this situation, Wilson owns a club and works as an accountant in it.
- This type of cost defines an Implicit cost for Wilson's health club.
Based on the damages that Kyle's automobile acquired, the automobile insurance that would cover this damage would be a COMPREHENSIVE PHYSICAL DAMAGE. This kind of insurance is what protects your vehicle and since it is comprehensive, other damages including fire and theft could also be covered.
Answer:
Net income= $2,328,000
ROA= 12%
ROE= 25.30%
Explanation:
Aquilera incorporation has a sales of $19.4 million
The total assets is $14.4 million
The total debt is $5.2 million
The profit margin is 12%
The net income can be calculated as follows
= profit margin × sales
= 12/100 × 19,400,000
= 0.12 × 19,400,000
= $2,328,000
The ROA can be calculated as follows
= Net income/Average Sales
= 2,328,000/19,400,000
= 0.12 × 100
= 12%
The ROE can be calculated as follows
= Net income/Total equity
Total equity= Total assets - Total debt
= 14,400,000-5,200,000
= 9,200,000
= 2,328,000/9,200,000
= 0.2530 × 100
= 25.30%
