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Yakvenalex [24]
3 years ago
10

A company had net income of $2,660,000, net sales of $25,000,000, and average total assets of $8,000,000. Its return on total as

sets equals
Business
1 answer:
puteri [66]3 years ago
4 0

Answer:

33.25%

Explanation:

Calculation for what Its return on total assets equals

Using this formula

Return on total assets =Net income/Average total assets *100

Let plug in the formula

Return on total assets =$2,660,000/$8,000,000*100

Return on total assets =0.3325*100

Return on total assets=33.25%

Therefore what Its return on total assets equals is 33.25%

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15. Assume that Bullen issued 12,000 shares of common stock, with a $5 par value and a $47 fair value, to obtain all of Vicker's
vodomira [7]

Answer:

$104,000

Explanation:

Note: <em>The full question is attached as picture below</em>

Fair value of net assets = Cash and receivables + Inventory + Land + Buildings (net) + Equipment (net) - Liabilities

Fair value of net assets = $70,000 + 210,000 + 240,000 + 270,000 + 90,000 - 420,000

Fair value of net assets = $460,000

Purchase consideration paid = 12,000*$47

Purchase consideration paid = $564,000

Goodwill recognized = Purchase consideration - Fair value of net assets

Goodwill recognized = $564,000 - $460,000

Goodwill recognized = $104,000

7 0
2 years ago
A farmer finds that when he produces more corn, he also has more corn stalks that he can then sell as decorative ornaments. To t
yulyashka [42]

Answer:

"Complements in production" is the correct answer.

Explanation:

The changes throughout the demand through one counterbalance throughout manufacturing resulted in higher consumption of one another.

  • Complements instead in production however are commodities manufactured collaboratively from a certain revenue stream as well as input.
  • This generally occurs when the revenue stream in the discussion has components that could be composed of certain commodities categories.
6 0
2 years ago
A firm is operating in the United States with only two other competitors in the industry. a. It is likely this industry would be
Talja [164]

Answer:

a. oligopoly.

b. an economic profit.

c. economic profits will fall.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

I. Mutual interdependence between the firms.

II. Market control by many small firms.

III. Difficult entry to new firms.

Hence, a firm operating in the United States of America with only two other competitors in the industry is likely to be an industry that would be characterized as oligopoly.

Additionally, business firms operating in this industry (oligopolistic market) will likely earn an economic profit. Also, if foreign business firms begin supplying the product, increasing the number of competitors, it is likely that economic profits will fall because the industry is now being competitive and controlled by other business firms.

5 0
3 years ago
The suffix -iasis means _____.
torisob [31]
<span>In the word 'slowly', 'ly' is a suffix. The suffix 'less' changes a noun into an adjective, meaning 'without'.</span>
3 0
3 years ago
Describe the American experience with crime during the last half century. What noteworthy criminal incidents or activities can y
alukav5142 [94]

Answer:

The answer is stated below:

Explanation:

The American experience along with the crime has been the influential during the half century and also in shaping the system of the criminal justice today.

The world wide of the organized activity of the criminal is linked with the Prohibition years of the early century of 20th and substantial rise in the traditional crimes during the 1970s and 1960s. The threat to the American way of the life is represented by the illicit drugs and the terrorists attack of September 11, 2001.

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3 years ago
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