Answer:
19.4 %
Step-by-step explanation:
The formula for<em> return on assets</em> (ROA) is
ROA = Net income /Total assets × 100 %
Since assets vary, we use the <em>average</em> of the total assets over the period.
<em>Calculate the average total assets</em>
At beginning of year, total assets = $263 000
At end of year, total assets = $313 000
Average = (313 000 + 263 000)/2
Average = 576 000/2
Average = $288 000
===============
<em>Calculate the ROA</em>
Net income = $56 000
ROA = 56 000/288 000 × 100 %
ROA = 0.194 × 100 %
ROA = 19.4 %
The company’s return on assets is 19.4 %.
Interest is equal to rs 72
Simple Interest is computed by multiplying the principal to the interest rate and the time.
I = P * r * t
Principal = rs 400
Interest rate = 6%
Term / time = 3 yrs
I = 400 * 6% * 3
I = 72 the total interest that must be paid in 3 yrs.
Answer:
-24
Step-by-step explanation:
-3 (x + 4) - 2 = -2 (x - 5)
-3x - 12 - 2 = -2x + 10
-3x + 2x = 10 + 12 + 2
-x = 24
x = -24
Answer:
Value of f is $ 12.44
Step-by-step explanation:
Steps :
f - $ 3.83 = $ 8.61
f = $ 8.61 + $3.83
f = $ 12.44
