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student176
13.12.2019 •
Business
United machining's margin was 2% and turnover was 3.0 on sales of $60 million for the year. on the basis on this
a. net income for the year was $3,600,000, average assets were $10 million, and roi was 6%.
b. net income for the year was $1,200,000, average assets were $20 million, and roi was 6%.
c. net income for the year was $3,600,000, average assets were $20 million, and roi was 2%.
d. net income for the year was $1,200,000, average assets were $10 million, and roi was 2%.
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Ответ:
B, net income for the year was $1,200,000, average assets were $20 million, ROI was 6%
Explanation:
net income is calculated by multiplying the percentage margin by the sales. We have,
(2 ÷ 100) × $60,000,000
= 0.02 × $60,000,000
= $1,200,000
To calculate the average assets, sales is divided by the turnover.
we have, ($60,000,000 ÷ 3.0)
= $20,000,000.
To calculate the ROI, margin and turnover are multiplied.
we have,
(2% × 3.0) = 6%
Cheers.
Ответ:
Investors take a percentage ownership in the company in exchange for capital. Angel investors typically want from 20 to 25 percent return on the money they invest. The advantage of an angel investor -- besides the money they bring to your business -- is that they’re usually experienced, successful entrepreneurs who know the ropes, so they can act as advisers to help you reach your business goals.