Answer:
6.65
Explanation:
Firstly, we need to calculate company revenue as below;
Asset turnover = Company revenue/Company Asset => Company revenue = Company Asset x Asset turnover = 613,000 x 1.08 = 662,040.
Next, we will calulate company net income as below:
Net profit margin = Net income/Company revenue => Net income = Net profit margin x Company revenue = 6.2% x 662,040 = 41,046.48.
Finally, price-earnings ratio is calulated as below:
Price-earnings ratio = Stock price/Earning per share = 13/(41,046.48/21,000) = 6.65
Its return on assets is 8.5%.
<h3>What is
return on assets?</h3>
The return on assets measures how profitable a company's assets are at generating income.
Return on assets (ROA) measures how lucrative a company is in relation to the assets or resources it owns or controls. ROA can help investors uncover potential stock opportunities because it reveals how efficient a firm is at leveraging its assets to produce profits.
Return on Equity (ROE) is commonly defined as net income divided by equity, whilst Return on Assets (ROA) is defined as net income divided by average assets.
Return on Assets (ROA) is a sort of ROI metric that assesses a company's profitability in relation to its total assets.
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Answer:
B. $60,000
Explanation:
4 office units x $ 2,500 per month x 12 months = 120,000
Vanccy and collection losses 15%
120,000 x 15% = 18,000
Then operating expenses for $ 42,000
The capital expenditures aren't considered expenses for the period.
120,000 - 18,000 - 42,000 = 60,000
Answer:
depends on how much you already have...
Explanation:
With 9,063 liters of water required to produce an average kilo, nuts challenge meat as the most water-hungry food type.Fruits and vegetables fall further down the food chain, requiring 962 and 322 liters per kilogram, respectively.
Why is water not considered an "economic good" in the usual sense?
When it comes to water, the law of supply and demand does not apply because you cannot choose which company supplies your home with water.More than just market mechanisms are used to determine the final price of water.
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