alizeleach0123
26.06.2020 •
Business
Your client is an attorney. Her new admin is just learning how to use QuickBooks Online. The Automatically create invoices and don't notify me setting is on. The attorney charges her clients for copies made. These should have been entered using delayed charges, but the admin did not know that, and they were not entered into QuickBooks Online. What is the risk/danger of the new office admin person not entering the copies made in the Delayed Charges? 1. Job costs for this client will be reduced 2. There is no risk. Invoices will go out just fine 3. The attorney's clients will be undercharged 4. Photocopy expense will be understated
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Ответ:
ROA = 0.12
so correct option is d
Explanation:
Given data:
total revenue = $5,000,000
Expenses = $3,500,000
Total assets = $12,500,000
Rate on assets (ROA) is calculated as
Net income = total revenue - expenses
Net income = $5,000,000 - 3,500,000
So,
ROA = 0.12
so correct option is d