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klio [65]
2 years ago
11

Precision Aviation had a profit margin of 7.00%, a total assets turnover of 1.4, and an equity multiplier of 1.8. What was the f

irm's ROE?
Business
1 answer:
Novosadov [1.4K]2 years ago
7 0

Answer:

17.64%

Explanation:

Precision aviation has a profit margin of 7%

The total assets turnover is 1.4

The equity multiplier is 1.8

Therefore the ROE can be calculated as follows

= Total assets turnover × equity multiplier × profit margin

= 1.4 × 1.8 × 7

= 17.64%

Hence the ROE is 17.64%

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On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
morpeh [17]

Dec 31              Management Services ....................................$1875

                           To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)


6 0
2 years ago
Read 2 more answers
Falling barriers to international trade destroy manufacturing jobs in wealthy advanced economies. Discuss this statement. Do you
Ray Of Light [21]

Answer:

Yes. I agree

Explanation:

Due to a fall in barriers to international trade, <u>companies in wealthy advanced economies now find it easier to move their manufacturing activities to other countries</u> with lower labor rates so that they can reduce their manufacturing costs.

This move means that manufacturing companies in the wealthy advanced economies have reduced job opportunities and as such, workers in this industry will suffer.

7 0
2 years ago
In order to do an effective job, the CSIRT needs to know who it works for and what systems it should focus on; in other words, i
Viktor [21]

Answer:

Constituency

Explanation:

CSIRT stands for  Computer Security Incident Response Team, they are a group of experts that are hired to handle all incidents that occurred within your computer system.

In CSIRT term, constituency refers to area of expertise that each members of the team possess along with division of responsibilities that they have within the team . Having wider range of constituency tend to make the team become more efficient and capable to handle different types of attacks to the system.

7 0
2 years ago
______ indicators can be traced after the product has been launched to view if it meets product goals and user requirements.
Keith_Richards [23]

Answer: Success metrics

Explanation:

The indicators that can be traced after the product has been launched to view if it meets product goals and user requirements are referred to as the success metrics.

Success metric indicators are used toesure success based on a predetermined target. They are simply the scorecard of a company's marketing program.

6 0
2 years ago
Josefina is the only seller of sopapillas in town. Last week, she sold 200 sopapillas, and the marginal revenue of the 200th sop
Alex73 [517]

Answer:

Josefina is not maximizing her profits since she is making a loss of $0.25.

Explanation:

The marginal revenue is the total amount of revenue received from selling an additional unit of product while the marginal cost is the total cost incurred for producing an additional unit of product. The marginal cost and revenue can be compared to determine if producing and selling an additional unit is profitable or will cause a loss.

The profit/loss can be expressed as;

P/L=R-C

where;

P=profit

L=loss

R=total marginal revenue

C=total marginal cost

In our case;

P/L=unknown

R=marginal revenue per unit×number of units=1.50×1=$1.50

C=marginal cost per unit×number of units=$1.75×1=$1.75

replacing;

P/L=1.50-1.75=-$0.25

Since the marginal cost is greater than the marginal revenue, we can conclude that Josefina is making a loss of $0.25

7 0
1 year ago
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