Answer:
This question requires us to calculate net income and return on assets for the year.
Net income
As sales and profit margin on sales is given so net income can be calculated as follow.
Net income = sales * profit margin
Net income = 837,900 * 8% = $ 71,832
Return on investment
To calculate return on asset we first have to find total asset. Total assets can be calculated as follow.
Asset turnover ratio= Sales/ Asset
Asset = 837,900/1.9 = $ 441,000
Return on asset = 71,832/441,000 = 16.29%
<span>In a guaranty situation, the guaranty contract is between the person who agrees to pay the debt if the primary debtor does not and the original creditor.
The guaranty contract outlines the role of the </span>people in the agreement. It shows the lender to borrow agreement and obligation. This agreement serves as a document to make sure the lender has proof in value to get something in return from lending the money.
Affiliated directors in a company are D. agents of top management.
<h3>Who are affilaited directors??</h3>
These are directors that sit on the board who are not independent because they have links to the shareholders who put them there.
These shareholders are usually the top management of the company which means that affiliated directors work to help them.
Find out more on affiliated directors at brainly.com/question/13963102.
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Answer:
the investor wil receive a net of 87,500 dollar after the taxation on diviends.
Explanation:
we are given with the after-tax distribution for the company at $1 dollar per share
100,000 shares x $1 each = $100,000 cash dividends
then we apply the dividends earnings taxation to solve for how much is the after tax cash received by the holder:
$100,000 x (1 - 0.125) = $87,500