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pentagon [3]
3 years ago
8

The ________ measures the return on owners' (both preferred and common stockholders) investment in the firm.

Business
1 answer:
tatyana61 [14]3 years ago
5 0

Answer:

C) return on equity

Explanation:

The return on equity determines the financial performance of the company. It could be calculated by dividing the net income from the owners equity as according to the accounting equation, the owners equity could be find out by deducting the liabilities from the assets

So here the equity could be of both types i.e. common and preferred

Therefore the option c is correct

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Elk, a C corporation, has $370,000 operating income and $290,000 operating expenses during the current year. In addition, Elk ha
pychu [463]

Answer:

$80,000

Explanation:

Calculation to determine what Elk's taxable income is:

Using this formula

Taxable income=Operating income-Operating expenses

Let plug in the formula

Taxable income=$370,000-$290,000

Taxable income=$80,000

Therefore Elk's taxable income is:$80,000

4 0
3 years ago
Hawaiian Airlines will hire more workers as it expands its fleet. The new hirings are a welcome sign for​ Hawaii's economy, whic
frozen [14]

Answer:

The answer is 24,904.

Explanation:

Solution

Given that:

Now,

The unemployment rate =( unemployment/labor force) * 100

Thus,

Unemployment  =( unemployment/labor force) * 100

In May 2008, unemployment = (4 * ​ 622,600 )/100 = 2,490,400/100

=24,904

In May 2009, unemployment = ( 7 *  602,000)/100 =4,214,00/100

=42,140

So,

Number of employed people = 2009 unemployment  - 2008 unemployment = 42,140 - 24,904

=17,236

Therefore the of unemployed people in may 2008 is 24,904.

3 0
3 years ago
Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $45 per unit.
ASHA 777 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Its beginning inventory of chairs was 100 units at $45 per unit.

Purchases:

The first was a 174-unit purchase at $51 per unit

The second was a 212-unit purchase at $54 per unit.

During the period, it sold 294 chairs.

I will calculate the cost of goods sold and ending inventory under FIFO, LIFO, and weighted-average methods.

FIFO (first-in, first-out):

COGS= 100*45 + 174*51 + 20*54= $14,454

Ending inventory= 192*54= $10,368

LIFO (last-in, first-out):

COGS= 212*54 + 82*51= $15,630

Ending inventory= 92*51 + 100*45= $9,192

Weighted-average method:

Weighted-average cost= (45 + 51 + 54)/3= $50

COGS= 294*50= $14,700

Ending inventory= 192*50= $9,600

3 0
3 years ago
Select the correct answer. Clarence has an interview with the General Manager of a hotel for the position of a restaurant manage
STALIN [3.7K]
B because it shows their serious
3 0
3 years ago
Read 2 more answers
Majestic Homes' stock traditionally provides an 7% rate of return. The company just paid a $2 a year dividend which is expected
liberstina [14]

Answer:

$52

Explanation:

Data provided as per the question

Recent dividend = $2

Market rate of return = 8%

Growth Rate = 4%

(Its expected to increase so it will be (1 + 4%) = 1.4%

The computation of price is shown below:-

Price = Recent dividend × (1 + Growth rate ) ÷ (Cost of equity - Growth rate)

= ($2 × 1.04) ÷ (0.08 - 0.04)

= $2.08 ÷ 0.04

= $52

6 0
3 years ago
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