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Molodets [167]
2 years ago
15

Y3K Inc has sales of 5783 total assets of 2604 and a debt equity ratio of .75. If its return on equity is 11 percent what is its

net income
Business
1 answer:
Vitek1552 [10]2 years ago
6 0

Based on the information given the net income is $163.66.

<h3>Net income</h3>

First step:

Profit margin = [(ROE)(Total asset)] / [(1 + Debt equity ratio)(Sales)]

Profit margin = [(.11)($2,604)] / [(1 + 0.75)( $5,783)]

Profit margin = 286.44/(1.75) ($5,783)

Profit margin = 286.44/10,120.25

Profit margin = .02830

Second step:

Profit margin = .02830 = Net income / Sales

Net income = .02830($5783)

Net income = $163.66

Inconclusion the net income is $163.66.

Learn more about net income here:brainly.com/question/15530787

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Milton Rokeach created the Rokeach Value Survey (RVS), which consists of two sets of values, namely ________ values and ________
saw5 [17]

Answer:

A) instrumental; terminal

Explanation:

Rokeach Value Survey (RVS) is an instrument that is used to classify values. 36 values are ranked to scale. The values are made up of 18 terminal and 18 instrumental values.

Participant in the survey rank 18 of the terminal values and then 18 of the instrumental values in order of importance to the individual.

RVS has been applied in the fields of psychology, personality, behaviour, social culture and cross-cultural studies.

Terminal values refer to desireable state of existence and instrumental values are preferable modes of behaviour.

6 0
3 years ago
Read 2 more answers
A corporation can earn 7.5% if it invests in municipal bonds. The corporation can also earn 8.30% (before-tax) by investing in p
Kryger [21]

Answer:

32.13%

Explanation:

The computation of the break-even corporate tax is shown below:

As we know that

Municipal bond return = preferred stock return before tax  × [1 - (1 - dividend exclusion) × Break even corporate tax]

7.5 = 8.30 ×  [1 - ( 1 - 0.70) × Break even corporate tax ]

7.5 ÷ 8.30 = 1 - 0.30 × Break even corporate tax

0.9036 = 1 - 0.30 × Break even corporate tax

0.30 × Break even corporate tax = 1 - 0.9036

So, Break even corporate tax is

= 0.0964 ÷ 0.30

= 32.13%

Basically we applied the above formula

3 0
3 years ago
Suppose your college institutes a new policy requiring you to pay for a permit to park your car in a campus parking lot. a. The
AlexFokin [52]

Answer:

d. The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.

Explanation:

Opportunity cost is a microeconomic concept used to describe how much an economic agent fails to earn in one economic activity by employing money in another economic activity. Thus, all expenses that a student performs to study at the university, including tuition, gasoline, parking, material, and time spent on the activity, is considered an opportunity cost, since all of this could be spent on another activity.

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3 years ago
If a seller notices he or she is not selling much of a particular product, he or she is most likely going to
MrRissso [65]
He is going to reduce the price of the item because it may because of the price and the demand rate that the item isnt selling.
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3 years ago
Lesson 2
natali 33 [55]

Answer:

1) Taxes are compulsory financial charges levied upon taxpayers by government entities in order to fund their activities.

2) The IRS is the government agency responsible for collecting federal taxes and enforcing federal tax law.

3) Capital gains taxes are taxes levied upon the profit resulting from the sale of non inventory assets (e.g. land, house, stocks, etc.)

4) Two examples of state taxes are: corporate state taxes and real property taxes.

5) A pay stub or a pay slip is a document that itemizes what an employer pays to its employee. It includes the salary minus the deductions made.

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