<span>This is called a brand. This helps a company distinguish itself from other companies and in some circumstances, a brand might make the product more appealing to the customer by adding a certain personality to it. This helps the consumer relate to the product more.</span>
Answer: The Nominal Interest rate, which is how fast the dollar value of savings grows
Explanation:
Banks advertise the Nominal Interest rate. This is the rate that measures purely, how much return is received or paid if one lends out money or borrows money respectively.
It is therefore the value at which savings grow.
It is not adjusted for inflation yet but when adjusted is called the REAL INTEREST RATE.
It is important to note that when Banks advertise the Nominal rate, it is not yet adjusted for fees or the compounding of interest.
Answer:
return on assets = 20%
Explanation:
given data
net income = $900
beginning total assets = $4600
ending total assets = $4400
solution
we get here return on assets that is express as
return on assets =
× 100 ............1
here average assets will be
average assets = ![\frac{4600+4400}{2}](https://tex.z-dn.net/?f=%5Cfrac%7B4600%2B4400%7D%7B2%7D)
average assets = $4500
put here value we get
return on assets =
× 100
return on assets = 20%
Answer:
Option (A) is correct.
Explanation:
Given that,
2018:
Accounts receivable (net) = $20
Net sales = $115
Cost of goods sold = $60
Net income = $20
Inventory turnover = 5.22
Return on equity = Return on assets × Equity multiple
= 10.3% × 2.36
= 24.308% or 24.3%
Therefore, Dowling's return on equity for 2018 is 24.3%.