subject
Business, 10.05.2021 23:50 astr0neya

The balance sheet of ABC reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. Net income and sales for the year are $240,000 and $2,000,000, respectively. What is ABC's return on assets (round to nearest whole percentage, just put in the number with no %)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:40
Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08
Answers: 1
question
Business, 22.06.2019 19:40
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
question
Business, 22.06.2019 20:40
Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease
Answers: 1
question
Business, 22.06.2019 23:00
How an absolute advantage might affect a country's imports and exports?
Answers: 2
You know the right answer?
The balance sheet of ABC reports total assets of $1,500,000 and $1,700,000 at the beginning and end...
Questions
question
English, 05.06.2020 06:57
question
English, 05.06.2020 06:57
question
Mathematics, 05.06.2020 06:57
question
Social Studies, 05.06.2020 06:57
question
History, 05.06.2020 06:57
Questions on the website: 13722363