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Travka [436]
2 years ago
11

Boise Corporation reported ROA of 4%, ROE of 6%, and Sales/Total assets ratio of 2.0 last year. What is the company's profit mar

gin last year?
a) 5%
b) 4%
c) 3%
d) 2%
Business
1 answer:
Andrei [34K]2 years ago
8 0

Answer:

d) 2%

Explanation:

ROA = profit margin x assets turnover ratio

ROA = 4%

assets turnover ratio = sales / assets = 2

profit margin = ROA / assets turnover ratio = 4% / 2 = 2%

Profit margin refers to how much money does a company make from its revenue, i.e. how many cents does a company earn from every dollar of revenue. In this case, the company's net profit is 2¢/$

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Answer:

Explanation:

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Amortization of the premium: $11,795/6 periods = $1,966

Bond interest Expense: $20,250 - $1966 = $18,284

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On your cardholder account profile, what information displays on the default accounting code screen?
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8 0
2 years ago
Suppose that the firm you manage faces the following costs:
zysi [14]

Answer:

d. $3

Explanation:

Quantity       Total Cost             Fixed cost     Total var.       marginal cost

0                         $3                          $3                    0                   0

1                          $5                          $3                  $2                  $2

2                         $7                          $3                    $4                  $2

3                         $10                        $3                    $7                  $3

4                         $15                       $3                    $12                 $5

the variable cost of the third unit is equal to the marginal cost of producing it.

6 0
2 years ago
Item
dolphi86 [110]

Answer:

Option D

Explanation:

Given that she is a recent graduate, she still has school loans to pay off, and therefore, she would be cash strapped and unable to get loans from banks because she probably does not have a good credit score.

Therefore, the correct answer would be option D

7 0
2 years ago
Brands enable customers to quickly differentiate one firm or product from another. true or false
Charra [1.4K]
True. Brands enable customers to quickly differentiate one firm or product from another. Brands create this through brand awareness, which is making consumers aware of their brand. Brand awareness is created through name, slogan, logo, packaging and more. 
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