Answer:
For Skye - 15.85%
For under shield - 5%
Skye is using its asset more efficiently because its ROA is higher
Step-by-step explanation:
Return on total assets = Net income / Average total assets
For Skye
$3192 / [(18,764 + 21,512)/2] = 0.1585 = 15.85%
For under shield
$ 649 / [(10,252 + 15,659)/ 2] = 0.05 = 5%
Skye is using its asset more efficiently because its ROA is higher
12/84 = 1/7 ≈ 0.14
The discount rate was 14%
Write and solve an equation of ratios to answer this.
2.25 cup x
-------------- = -------------
0.375 cup 1 cup
2.25
cross-multiplying, 2.25 = 0.375x. Solving for x, x = ---------- = 6
0.375
Brianna would need to use 6 cups of flour if she wants the mixture to contain 1 cup of baking soda.
Recall your d = rt, distance = rate * time
now, if say, by the time they meet, Mr Cunningham has travelled "d" miles, that means Mrs Cunningham must also had travelled "d" miles as well.
However, he left 3 hours earlier, so by the time he travelled "d" miles, and took say "t" hours, for her it took 3 hour less, because she started driving 3 hours later, so, she's been on the road 3 hours less than Mr Cunningham, so by the time they meet, Mrs Cunningham has travelled then "t - 3" hours.