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s2008m [1.1K]
3 years ago
5

Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is

Business
2 answers:
Strike441 [17]3 years ago
7 0
Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is

The formula of return on assets is net income divided by average assets.
Given that the net income is $350 million, average asset is $2000

The answer is 0.0005
cluponka [151]3 years ago
3 0

Answer:

The answer is: 17.5%

Explanation:

Return on Assets (ROA) is a profitability ratio computed to evaluate management's efficiency in employing the business assets to generate profits.  It describes the portion of net income which is generated from the assets in a given period. The calculation is done by dividing the net income in a given period by the average total asset value in that period and multiplying the result by 100%. The average total asset value is considered to be more accurate than total asset value since the total asset value can vary over time due to: the purchase and sale of assets, seasonal fluctuation in sales, changes in working capital (current assets less current liabilities) and so on.  

The ROA for Cage company, assuming the net income is $350,000,000, is: 17.5% (($350,000,000/$2,000,000,000)*100%)

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mote1985 [20]

Answer:

Rent is $2400

utilities other than cellphone is $625

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Explanation:

firstly we need to calculate the percentage of how much in total does the office take in the apartment so we will say (300 square feet/1200 square feet) x 100

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thereafter the total home office expenses is the sum  of both the rental office expense plus the the utilities other than telephone for the home office expense:

$625 + $2400 = $3025 then we get total home office expenses.

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Interest is:
Rufina [12.5K]
Hey there,

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Your correct answer would be <span>a charge for the convenience of accessing money stored in your bank account.</span>
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When they set objectives, they can look at it later on and check if they had reached their goal. So they can see how far they've reached as a business.

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The question that corporate strategy helps managers understand is where should firm compete?

<h3>What is corporate strategy?</h3>

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In this case, the question that corporate strategy helps managers understand is where should firm compete? This is important for the growth of the firm.

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