3 years ago

What is statue of limitations?

1 answer:

7 0

Answer:

A statute of limitations, known in civil law systems as a prescriptive period, is a law passed by a legislative body to set the maximum time after an event within which legal proceedings may be initiated.

Explanation:

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A firm has a profit margin of 12 percent; total asset turnover of 0.55 and an equity multiplier of 2.2. What is the firm's ROA a

lutik1710 [3]

Answer:

ROA = 6.6%

ROE 14.52%

Explanation:

profit margin = net income / sale = 12%

assets turn over = sales / assets = 0.55

equity mutiplier = assets / equity = 2.2

ROE = return on equity = net income / equity

ROA = return on equity = net income / assets

we use the fraction properties to get ROE and ROA

$\frac{income}{sales} \times \frac{sales}{Assets} =\frac{income}{Assets} \\ 0.12 \times 0.55 = 0.066\\$

ROA = 6.6%

We apply the same property to get ROE

$\frac{income}{assets} \times \frac{assets}{equity} =\frac{income}{equity} \\ 0.066 \times 2.2 = 0.14252\\$

ROE = 14.52%

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4 years ago

Under what circumstances might the autocratic style of management be necessary?

nordsb [41]

The autocratic leadership style is best used in situations where control is necessary, often where there is little margin for error. When conditions are dangerous, rigid rules can keep people out of harm's way.

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4 years ago

At December 31, Sunrise Company’s inventory records indicated a balance of $654,000. Upon further investigation it was determine

trapecia [35]

Answer:

The answer is: E) $552,000

Explanation:

The inventory balance of Sunrise Company is overstated since it shouldn't include;

$98,000 of merchandise that will not be received until January 2.
$4,000 of merchandise from another company held on consignment.

Inventory balance 0 $654,000 - $98,000 - $4,000 = $552,000

6 0

4 years ago

Next year, the price of a stock is expected to be $2,200 and the stock will pay a $55 dividend. The interest rate is 10%. Based

Rudiy27

Answer:

Stock Price = $103.77 <----ANSWER(2)

Explanation:

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3 years ago

The regular distribution of lollipops, toys, or treats every Friday is an example of a ________that helps reinforce Nunya's cult

harina [27]

Answer:

It is an example of a material symbol that helps reinforce Nunya's culture

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3 years ago