saucyboyFredo
12.02.2021 •
Business
Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Recession .24 –.09 Normal .45 .11 Boom .31 .30 Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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Ответ:
Net income= 139,300
ROA= 27.86%
Explanation:
The assets to support the expansion is $500,000
It is estimated the entire database can generate $1,990,000
The profit is 7%
The net income can be calculated as follows
= 1,990,000×7/100
= 1,990,000×0.07
= $139,300
The ROA can be calculated as follows
= 139,300÷500,000
= 27.86%