Answer:
The correct option is "a".
Its total assets turnover must be above the industry average.
Explanation:
Return on equity = profit margin * asset turnover* equity multiplier
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity. Because shareholders' equity is equal to a company’s assets minus its debt, ROE could be thought of as the return on net assets.
ROE is considered a measure of how effectively management is using a company’s assets to create profits.
If ROE is above the industry average, this means that the company's management is above average at using the company’s assets to create profits.
A token economy incorporates operant conditioning procedures to modify behaviors by reinforcing desired behaviors with tokens that can be exchanged for various treats.
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Answer:
$21,000
Explanation:
Preparation of income statement
Income statement of Pink Arrangements for the year ended December 31, 2018.
REVENUE:
Service Revenue 84,000
Less EXPENSE:
Insurance Expense (2,500)
Utilities Expense (1,500)
Rent Expense (12,000)
Salaries Expense (47,000)
NET INCOME 21,000
Therefore the Income statement of Pink Arrangements for the year ended December 31, 2018 will be shows the amount of $21,000
