Answer: $45000
Explanation:
Firstly, the operating asset will be calculated which will be:
Operating asset = Sales / Turnover
= 900,000/3
Operating assets = $300,000
Then, the net operating income will be: Return on investment × Operating assets
Net operating income = 300,000 × 15%
= 300,000*0.15
= $45,000
Therefore, Legume Division's net operating income last year is $45000
Answer: B.both stocks are equally good investments
Explanation:
The options are;
A.it is better to buy shares in Bad Firm
B.both stocks are equally good investments
C.it is better to buy shares in Good Firm
D.both stock prices react equally to the same information
From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.
Answer:
The correct answer is letter "D": negligence per se.
Explanation:
Negligence per se is a U.S. doctrine that is applied when there has been a clear statute breach. It is applied mainly in cases where the defendant has caused harm to the plaintiff by violating a statue that should have been of knowledge to the defendant.
When an agency acts in the interests of corporations it is meant to be regulating, this is called Regulatory capture.
<h3>What is regulatory capture?</h3>
In order to ensure that corporations don't act in ways that threaten the public, regulatory agencies are tasked with moniotirung their moves.
When these agencies stop regulating these companies and instead becomes favorable to them, then the agency has been captured in what is called regulatory capture.
Find out more on regulatory capture at brainly.com/question/16180695.
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Answer:
correct option is a) $441,000
Explanation:
given data
Cash payments = $455,000
beginning accounts payable = $64,000
ending accounts payable = $50,000
solution
we use here T account equation and get accrual-basis purchases that is
ending accounts payable = beginning accounts payable + Accrual purchases - Cash payments .......................1
put here value we get
$50,000 = $64,000 + Accrual purchases - $455,000
solve it we get
Accrual purchases = $441,000
so correct option is a) $441,000
