Asorting tool is most likely used to

This year Erie achieved an ROE of 23.9%. Suppose the Board of Directors of Erie mandates that management take measures to increa

allochka39001 [22]

Answer:

c. Erie s ROE will remain the same

Explanation:

As the return on asset is calcualte using the asset figure it will not change with a financial leverage measurement.

As the financial leverage acts in the composition of other side of the accounting (assets = liabilitis + equity) it will change the return on equity, the debt ratio and other metric related to this side but, not the return on assets.

8 0

4 years ago

What is the present value (PV) of $50,000 received eighteen years from now, assuming the interest rate is 4% per year

LuckyWell [14K]

Answer:

$24,681.41

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.

The NPER reflected the time period.

Provided that,

Future value = $50,000

Rate of interest = 4%

NPER = 18 years

The formula is presented below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $24,681.41

8 0

3 years ago

g Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales S

Marianna [84]

Answer:

Effect on income= $2,500 increase

Explanation:

Giving the following information:

Contribution margin= $44

The marketing manager believes that a $6,300 increase in the monthly advertising budget would result in a 200 unit increase in monthly sales.

To calculate the effect on income, we need to use the following formula:

Effect on income= increase in total contribution margin - increase in fixed costs

Effect on income= 200*44 - 6,300

Effect on income= $2,500 increase

5 0

3 years ago

A _____ website structure is appropriate if visitors should view the webpages in a specific order, as in the case of training ma

Goryan [66]

<span>The design of the navigation within the </span>website determines the type of the structure of the website. Linear website structure has linear <span> navigation, which means that each page is simply linked to the one before.</span><span>
A linear website structure is appropriate if visitors should view the webpages in a specific order. The case in which the users need to complete training module 1 before attempting training module 2 is example of linear website. </span>

8 0

3 years ago

1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sh

vagabundo [1.1K]

There are three main parts of income statements and they are:

Revenue
Expenses
Profit

<h3>What is an Income Statement?</h3>

This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.

Hence, we can see that a sample income statement would be:

BOSKA COMPANY

Income statement for August 29, 2021

NET SALES------------------ $2,000,000

GROSS SALES-------------$500,000

GROSS PROFIT-------------$1,5000,000

Read more about income statements here:

brainly.com/question/24498019

#SPJ1

8 0

2 years ago