Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
Answer:
X = 14.48528137
Step-by-step explanation:
- ADD 72 TO BOTH SIDES
- SQUARE ROOT 72
- ADD 6
- X = 14.48528137
Answer: x = 11
Explanation: if u want more math questions just ask me ok
Answer:
37.25, 35.5, 33.75, <u>32</u>, <u>30.25</u>.
Step-by-step explanation:
Subtract the first term from the second term:
35.5 - 37.25 = -1.75
Subtract the second term from the third term:
35.5 - 33.75 = -1.75
The common difference is -1.75.
To find each subsequent term, add the common difference to the current term.
33.75 + (-1.75) = 32
32 + (-1.75) = 30.25
Answer:
37.25, 35.5, 33.75, <u>32</u>, <u>30.25</u>.
