River Corp's total assets at the end of last year were $320,000 and its net income was $32,750. What was its return on total assets

Answers

Answer 1

Based on the total assets and the net income earned, the return on total assets was 10.23%.

What was the return on total assets?

This can be found by the formula:

= Net income / Total assets x 100%

Solving gives:

= 32,750 / 320,000 x 100%

= 10.23%

In conclusion, the return was 10.23%.

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Related Questions

What is a tariff?
A.
An import
B.
An export
C.
A tax placed on domestic trades
D.
A tax placed on imports or exports

Answers

D. A tax placed on imports or exports

A(n) _____ strategy requires little initial investment, is heavily regulated, and provides little opportunity to modify products for local conditions.

a) importing/exporting
b) licensing
c) joint venture
d) global sourcing
e) direct investment

Answers

Import/Exporting Strategy is that strategy that only needs minimal initial investment.

What is Import and Export Strategy?

Import strategy refers to the creation of a plan that takes into account all the factors required for any type of purchase from an international business.

Exportation on the other hand needs requires one to prospect new markets abroad. A good export strategy would be to tailor one's products and or services to the requirements of the target countries.

The correct answer, thus, is A.

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A sustainable society would emphasize A) maintaining the current rates of energy flow and resource use B) converting the world's high-quality energy resources to low-quality heat C) recycling both matter and high-quality energy D) using energy efficiently and reusing and recycling matter E) quickly expanding nuclear power, because it is a renewable resource

Answers

It should be noted that a sustainable society would emphasize using energy efficiently and reusing and recycling matter.

What is a sustainable society?

A sustainable society can be regarded as a society that based her source of energy on resuable source.

This source can be solar because it is resuable unlike crude oil , therefore using energy efficiently and reusing and recycling matter should be a target.

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pros and cons of min wage essay

Answers

Answer

Hope this answer will help you.

whast 9 + 10 ? lol so is make me put big word here lololo

Answers

19… is this a trick question or something? lol

Brooke's Boutique sells clothing from around the world in the United States. Brooke regularly travels overseas to find the best and most unusual shirts, dresses, and pants that foreign producers have to offer. Brooke is a(n)

Answers

Brooke is an importer.

Who is an importer?

An importer is a person who brings in foreign goods from other countries into another country. For example, if a person buys electronics from China and brings them to the US, the person is an importer.

Importing reduces the value of the gross domestic production of the country the good is imported to. This is because import is a negative function of GDP.

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what is office proceducer and accouting​

Answers

The administrative department handles management activities that affect the entire organization. The accounting department keeps the financial records of the business and prepares reports that help the business to make financial decisions.

Hope it helps...

I need some help on this please. Question is down below.

Answers

Answer:

A

Explanation:

Allows for the acquisition of varied merchandise

Because it determines which decisions are implemented, the ________ of the DSS is arguably its most important component.

Answers

The Model Builder of the decision support system is the most important component because its is important in determining which decisions to be implemented.

What is decision support system?

Decision support system refers to a system used to support judgments and courses of action in an organization or a business.

The decision support system is important because its facilitate business decision-making.

In conclusion, the Model Builder is the most important component of the decision support system.

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Produced goods used as inputs for the production of other goods comprise the resource known as:.

Answers

Capital.

Capital goods are those goods that are used for further production of other commodities. They are used in the future for purpose of productivity. These goods have derived demand and helped in raising the productive capacity of the business.

Answer:

make a good impression, always be on time, be respectful, be professional

Explanation:

which organization was designed to keep prices steady, fight inflation and ration foods

Answers

The Office of Price Administration (OPA) was established within the Office for Emergency Management on August 28, 1941, in order to control prices (and thus inflation) and rents after the outbreak of World War II.

A prospective buyer of commercial or industrial property should include in an offer to purchase A) a waiver from future liability for any contamination found on the property. B) the establishment of a trust account to cover the cost of any property decontamination. C) a request for an affidavit by the seller that there are no contaminants on the property. D) a contingency to allow for an environmental site assessment.

Answers

A prospective buyer of commercial or industrial property should include in an offer to purchase

D. A contingency to allow for an environmental site assessment

What is Site Assessment?

This refers to the gathering of data for a particular area of land to evaluate and assess whether the property is a possible risk to humans who live there.

With this in mind, we can see that a prospective buyer should make an inclusion of the contingency where he would allow for site assessment to make sure that he is buying a good property for development.

Therefore, the correct answer is option D

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For her third interview with a state government office, Cassandra met with the human resource director, the manager of the accounting department, and the chief financial officer. This is an example of a _____ interview.

Answers

I think the human manager Mage to make Cassandra relax for the job interview

What percentage of my paycheck is withheld for federal tax?.

Answers

Answer:

how much do you make?

Explanation:

Which marketing management philosophy focuses on the question, "what do customers want and need?".

Answers

Answer:

Which marketing management philosophy focuses on the question, "What do customers want and need?" -do research on its customers, competitors, and markets. -establish and maintain mutually satisfying relationships with customers.

Plz help me!
what are the three most common levels of education earned by Manicurists and Pedicurists?

master’s degree
bachelor’s degree
associate degree
post-secondary certificate
less than high school diploma
high school diploma or its equivalent

Answers

Master , bachelor, and a high school diploma.

These are the top answers

Good luck

Answer:

DEF

Explanation e d g 20 22

What is the term used to describe a temporary low supply of a good or service?.

Answers

Answer:

That would be a shortage.

                   

a
3 Discuss a method that a business owner may use to reduce
the level of risk in the running of their business.

Answers

Answer:

Know the law. ...

Document everything important. ...

Hire significant employees. ...

Build your reputation. ...

Protect your data.

here are some ways

You recently had an accident on the job. Some equipment fell on you causing a serious injury, and your medical bills alone are likely to be over $85,000. You claim an outside vendor who was working on the equipment that day created the problem that caused the injury, and you want to sue. You live and work in Texas, and the outside vendor is a resident of Oklahoma.
Where do you think you should file the lawsuit?
a) in state court, but not federal court
b) both in federal court and in state court
c) in federal court, but not state court
d) in either federal or state court

Answers

Based on the fact that different states were involved, the matter can be heard b) both in federal court and in state court.

Jurisdiction of the case Texas has jurisdiction because the incident happened in Texas. Oklahoma might have jurisdiction because the vendor is from Oklahoma. The federal government also has jurisdiction because the matter involves two states and a workplace injury.

You are therefore free to pursue the matter at both federal and state level which makes option B correct.

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The envelope system is especially helpful for expenses like:.

Answers

The envelope system is usually helpful for items that tend to bust your budget. Things like gas, groceries and bills.

When we say trade between two countries can make each country better off what is meant by this?.

Answers

What is meant by saying trade between two countries can make each country better off is : International trade.

What is international trade?

International trade is a trade between two or more countries. It is the exchange of capital, goods and services across international boundaries.

There is no country in the world that can produce all that is needed by people. However, international trade facilitate exchange of goods and services among different countries, hence make each country better off.

Therefore, what is meant by saying trade between two countries can make each country better off is International trade.

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The interest rate a company pays on 1-year, 5-year, and 10-year loans is a function of:.

Answers

A company will pay interest based on its credit rating and the length of time over repayment is scheduled to occur (1-year, 5- years, or 10 years).

How is interest decided?It is based on various risks such as credit risk and maturity risk. Credit risk of a company is shown in its credit rating. The maturity risk increases as the length of time to repayment increases.

The interest paid will therefore be dependent on the credit rating of the company and the term of the loan that it took out as these show different types of risk.

In conclusion, option A is correct.

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Step 5 in the marketing plan process is when a firm ______ the outcome of the strategy and implementation process.

Answers

Summary is the step 5

in the marketing plan process

Which statement best explains the decrease in manufacturing jobs over the next few years?

There is not enough demand for manufactured goods.
These jobs are often outsourced to overseas factories.
There are not enough skilled workers to fill the positions.
The cost of technical training and on-the-job training is high.

Answers

The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

Manufacturing trend in developed countries Large companies are outsourcing manufacturing services to other nations. This is usually to save costs and to avoid certain regulatory oversight.

As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.

In conclusion, option B is correct.

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What does it mean to maximize deductions and credits on your taxes.

Answers

Reduce your tax income, itemizing your deductions means maximize your tax savings. The befits is that it allows you to claim a larger deduction that the standard deduction.

Fixed costs that cannot easily be changed and often lock a company into a multi-year decision are called

Answers

Fixed costs that cannot easily be changed and often lock a company into a

multi-year decision are called committed fixed costs.

What is Fixed cost?

These are costs which aren't dependent on the production of goods and

services of the company(productivity)

Committed fixed costs on the other hand is the cost which is very

important and necessary for the running of the business. The costs cannot

easily be changed and run for a long period of time.

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Assuming everything else stays the same, an increase in the price of laptop computers will __________ of laptop computers. a) decrease the quantity demanded b) increase the demand c) increase the quantity demanded d) decrease the demand

Answers

Answer:

a) decrease the quantity demanded

Explanation:

According to the law of demand, an increase in the price of a good reduces the quantity demanded for that good.

Can someone fill this in​

Answers

pick dog walking because I like dog and kid is naughty

In the new department she is setting up, Shondra decides that top managers will report to her and that everyone else will report to the head of human resources. Which of the management functions is Shondra performing when she makes this decision?
i. leading
ii. planning
iii. organizing
iv. controlling

Answers

The management function that Shonda is performing when she decides that top managers will report to her while everyone else reports to the head of human resources is iii. organizing.

What is Organizing in management functions?

Organizing is that function of management involving the development an organizational structure so that human resources are arranged for the achievement of organizational objectives. Organizing also involves the design of the jobs of individuals.

Thus, the management function Shondra performs here is Option III.

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Markets, such as the new york stock exchange and your local retail store, are ______ markets.

Answers

Local retail store and new york stock exchange are known as formal markets.

What is a formal market?

Formal market is a type of market where sellers have fixed location. This means that formal sellers advertise their posted price and location in this type of market.

Formal market are organized market wherein sellers can publicly advertise their prices and locations.

Examples of formal market are :

Stock marketCommodity exchanges

Therefore, formal markets are markets such as the new york stock exchange and your local retail store.

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