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Rus_ich [418]
2 years ago
6

Denver Systems has total assets of $1,000,000; common equity of $400,000; a gross profit of $800,000; total operating expenses o

f $620,000; interest expense of $20,000; income taxes of $74,000; and preferred dividends of $30,000. What is Denver Systems' return on equity
Business
1 answer:
krok68 [10]2 years ago
4 0

Answer:

See

Explanation:

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Grameen Bank extends credit to the very poor to give them the opportunity to build better lives. Other businesses target poor pe
Dvinal [7]

Explanation:

Grameen bank is one of the pioneers in the world of Micro Finance Institutes, which not only provides the poor with access to financial capital but also helps them build a better business which allows them to escape from the poverty cycle. This lead to an overall upward economic movement in the society, improving the economic condition of a country as a whole. Through these micro finance loans, a number of SMEs (Small and Medium Enterprises) emerges which further provide employment opportunities to other people thus starting a virtuous cycle of economic growth.

As the economic condition of the poor becomes better, these poor people inturn becomes customer for these business for other products thus being a huge source of profit.

8 0
3 years ago
Which of the following is NOT an example of fixed expenses?
brilliants [131]

Answer:

A.

Health insurance premium

Explanation:

helping

3 0
2 years ago
Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
Nadya [2.5K]

Answer:

You will earn $52.96 in interest

You have $1,052.96 in total.

6 0
3 years ago
A lawn service company has the following production possibilities. With​ one, two,​ three, and four​ workers, the company can mo
Marianna [84]

Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

When they added a 3rd worker, the figure again went up but only to 12 which is an increase of THREE only as opposed to the last increase of FIVE.

After the third worker therefore, there was an increase but at a smaller rate.

7 0
3 years ago
If a company reorganizes its operation to gain efficiency, the cost associated with this reorganization is classified as
ivanzaharov [21]

Answer: Restructuring cost

Explanation:

Restructuring cost could be described as making expenses on rejuvenating or reviving or rebranding the company through spendings, which affects most of it's mode of operations, brings a change and innovation and ways to improve existing methods. This is capital intensive due to the work and changes required during the process.

8 0
3 years ago
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