tony's shoes, inc. earned a net profit margin of 2% last year. the firm had sales of $3,000,000, total assets of $500,000, and $400,000 in fixed assets. the firm's return on investment was

Answers

Answer 1

Tony's Shoes, Inc. had a return on investment (ROI) of 12% last year, calculated by dividing the net profit of $60,000 by the total assets of $500,000.

Step 1: Calculate the net profit using the net profit margin and sales:

Net profit = Net profit margin × Sales

In this case, the net profit margin is 2% and the sales are $3,000,000.

Net profit = 2% × $3,000,000 = $60,000

Step 2: Calculate the return on investment (ROI) by dividing the net profit by the total assets:

ROI = Net profit / Total assets

In this case, the net profit is $60,000 and the total assets are $500,000. ROI = $60,000 / $500,000 = 0.12 or 12%

Therefore, Tony's Shoes, Inc. achieved a return on investment of 12% in the previous year.

Hence, Tony's Shoes, Inc. achieved a return on investment of 12% in the previous year. This indicates the company's ability to generate profits relative to its total assets. It signifies a satisfactory performance and efficient utilization of resources in generating financial returns.

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Related Questions

the theory of constraints principles outlined are not applicable to what type of​ processes?

Answers

The TOC applies to all of the aforementioned procedures.

Where does TOC get used?

To identify, address, or eliminate all performance-limiting constraints in project management, TOC is applied continuously.

How is the constraint theory put to use?

The Hypothesis of Imperatives centers around distinguishing and eliminating requirements that limit throughput. As a result, successful implementation typically results in increased manufacturing capacity. The goal of lean manufacturing is to get rid of waste in the manufacturing process.

What are the 3 essential measurements of TOC?

Organizations can be measured and controlled using variations on three measures, according to the theory of constraints. inventory, operational costs, and throughput.

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The account holder of a checking account is referred to as the _________ on a written check.
a. Payee
b. Drawee
c. Drawer
d. Authorized user

Answers

It would be A. Payee
Explanation:
“A payee is a person to whom money is paid or is to be paid, especially the person to whom a check is made payable” - Oxford

An offering of fractional interests in oil and gas programs would be registered in a state by: A Filing B Coordination C Qualification D Any of the above

Answers

Any offering of fractional interests in oil and gas programs are required to be registered in a state by qualification.

Why are people's qualification required?

This is because there are many frauds selling these securities to investors, hence, the state law is written to make sure that these offerings get the most stringent review before they can be sold in a State.

Hence, because of this, any offering of fractional interests in oil and gas programs are required to be registered in a state by qualification.

Therefore, the Option C is correct.

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flow utilized when a line operator or process personnel want to provide feedback to the management, or a team member wants to communicate to the executive sponsor of the project is

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Bottom-up or upward flow is used when a line operator, a member of the process team, or a team member needs to communicate with the executive sponsor of the project.

Which of the following are methods for collecting consumer information?

Case studies, lists, questionnaires, observations, interviews, and occasionally surveys and surveys are used as data collection tools.

Describe rising flow?

Upward Communication Flow: Communication that moves up the organizational hierarchy is referred to as upward communication. It offers insight into how effectively the organization is running. In order to communicate their issues and accomplishments to their superiors, the subordinates use upward communication.

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Tracking a website you visit and compiling information could be an example of _____.

Answers

Answer:

ISP

Explanation:

Internet Service Providers (ISPs) can see everything you do online. They can track things like which websites you visit, how long you spend on them, the content you watch, the device you're using, and your geographic location.

what are the main duties and responsibilities of a Hotel manager​

Answers

Answer:

Here are some:

recruiting, training and supervising staff.

managing budgets.

maintaining statistical and financial records.

planning maintenance work, events and room bookings.

handling customer complaints and queries.

promoting and marketing the business.

Hope it helps you pls mark me brain list.

Answer:

The main duties and responsibilities of the hotel manager are as below:

Explanation:

1) Recruiting, training, and supervising staff.

2) Managing budgets.

3) Maintaining statistical and financial records.

4) Planning maintenance work, events, and room bookings.

5)Handling customer complaints and queries.

6) Promoting and marketing the business.

a company’s _ tells you how much money the company has left over after subtracting all expenses

Answers

Answer:

A company's net profit tells you how much money the company has left over after subtracting all expenses.

Explanation:

A net profit, is when all of the companies money is spent on the things they need... and then it shows you what is left over. A company's profit is called net income or net profit. Net profit or income, is the total money remaining after accounting all of the cash flows, positive and negative numbers included.

Hope this helps! Brainliest plz? :)

working in office or in a bank is an example of❔​

Answers

Answer:

White collar jobs

Explanation:

This work is situated in an office

Imagine you are working as an insurance broker, and a company comes to you wanting to insure one of its production factories. Identify at least two distinct risks you would analyze as you decide what kind of coverage and premiums this client can expect to pay in order to be fairly and sufficiently insured.
30 POINTS IF YOU KNOW THE ANSWER ASAP!!!!!!
EXPLAIN REASONING

Answers

The client should pay an amount based on the company and how many they had to pay in the past. Making it fair and expecting what could happen, so the client can be insured. I hope that makes sense.

The client should pay a sum determined by the business and how much they have previously been required to pay. Making it fair and anticipating potential outcomes will enable the client to obtain insurance. I think you get the picture.

What is the insurance?

Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.

Risk analysis comes in two primary flavors: qualitative and quantitative. Let's find out more about these two methods. working as an insurance broker, and a company comes to you wanting to insure one of its production factories

Therefore, By the company comes to you wanting to insure one of its production factories. qualitative risk is there

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Analyze the Conflict that arises when goals of management
(agent) do not match goals of owner (principal)?

Answers

The conflict that arises when the goals of management (agent) do not match the goals of the owner (principal) is known as the principal-agent conflict.

The principal-agent conflict occurs when managers, as agents, prioritize their own interests over those of the owners or shareholders, who are the principals. Managers may focus on personal gain, job security, or other objectives that do not align with maximizing shareholder wealth. This conflict can lead to decisions that are detrimental to the company's financial performance and long-term value. To address this conflict, mechanisms such as performance-based incentives, effective corporate governance, and external monitoring are implemented to align the interests of managers with those of the owners and ensure the effective stewardship of company resources.

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Coore Manufacturing has the following two possible projects. The required return is 10 percent. Year Project Y Project Z -$28,900_$54,000 0 1 2 3 4 14,900 13,300 15,700 11,300 12,500 40,000 10,500 38,000 a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which, if either of the projects should the company accept? a. Project Y Project Z b. Project Y Project Z c. Accept project

Answers

a. The profitability index for Project Y is approximately 0.465, while the profitability index for Project Z is approximately 1.429 and b. The net present value (NPV) for Project Y is approximately -$5,460.34, while the NPV for Project Z is approximately $5,042.29.

a. The profitability index (PI) is calculated by dividing the present value of cash inflows by the initial investment. For Project Y, the present value of cash inflows is calculated as $14,900/(1+0.10)^1 + $13,300/(1+0.10)^2 + $15,700/(1+0.10)^3 + $11,300/(1+0.10)^4, resulting in approximately $40,758.66. The profitability index for Project Y is then PI = $40,758.66 / $28,900, which is approximately 0.465. For Project Z, the present value of cash inflows is calculated as $40,000/(1+0.10)^1 + $10,500/(1+0.10)^2 + $38,000/(1+0.10)^3, resulting in approximately $46,042.29. The profitability index for Project Z is then PI = $46,042.29 / $54,000, which is approximately 1.429.

b. The net present value (NPV) is calculated by subtracting the initial investment from the present value of cash inflows. For Project Y, the NPV is calculated as -$28,900 + $14,900/(1+0.10)^1 + $13,300/(1+0.10)^2 + $15,700/(1+0.10)^3 + $11,300/(1+0.10)^4, resulting in approximately -$5,460.34. For Project Z, the NPV is calculated as -$54,000 + $40,000/(1+0.10)^1 + $10,500/(1+0.10)^2 + $38,000/(1+0.10)^3, resulting in approximately $5,042.29.

c. Based on the profitability index and NPV calculations, Project Z has a higher profitability index and positive NPV, indicating a better investment opportunity compared to Project Y. Therefore, the company should accept Project Z as it is expected to generate higher returns and add more value to the company.

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.Which of the following ratios would most interest a banker who is thinking about making a long-term loan to a company?
THE CORRECT ANSWER
a. Debt-to-equity
b. Dividend yield
c. Return on assets
d. Return on equity

Answers

The ratio that would most interest a banker considering a long-term loan to a company is the "Debt-to-equity" ratio. This ratio provides insight into the financial leverage of a company and helps the banker assess the company's ability to meet its long-term debt obligations.

The Debt-to-equity ratio compares a company's total debt to its shareholders' equity. It is calculated by dividing the total debt of the company by its shareholders' equity. This ratio is crucial for a banker because it helps them understand the company's capital structure and financial risk. A high debt-to-equity ratio indicates that the company has a significant amount of debt relative to its equity, which suggests higher financial risk. On the other hand, a low ratio indicates a more conservative capital structure with less reliance on debt financing. The banker will be interested in this ratio to assess the company's ability to repay the long-term loan and manage its financial obligations effectively.

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gertrude quit her $40,000- per- year job to start her own own consulting firm. she withdrew her savings of $50,000 which was earning her an interest of $2000 in the bank and invested in her own consulting firm. at the end of her first year of operation, her total revenues were $208,000. her total explicit costs were $108,000. how much are her accounting profits from her own consulting firm? group of answer choices $30,000 $100,000 $50,000 $48,000

Answers

Gertrude's accounting profits from her consulting firm are $100,000, calculated by subtracting explicit costs ($108,000) from total revenues ($208,000).

To calculate Gertrude's accounting profits, we need to subtract her explicit costs from her total revenues.

Total revenues = $208,000

Explicit costs = $108,000

Accounting profits = Total revenues - Explicit costs

= $208,000 - $108,000

= $100,000

Hence, Gertrude's accounting profits from her own consulting firm are $100,000.

Therefore, Gertrude's decision to start her own consulting firm has resulted in a positive accounting profit of $100,000. This indicates that her firm's revenues from consulting services exceed the explicit costs incurred in running the business.

It is important to note that accounting profits do not take into account implicit costs, such as the opportunity cost of Gertrude quitting her job and the foregone interest income from her savings. However, based on the given information, her accounting profits alone amount to $100,000. Hence, Gertrude's accounting profits from her own consulting firm are $100,000.

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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made

Answers

it’s D , before any necessary adjusting entries have been made

Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $1,450,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product?

Answers

Answer:

-1.5

Explanation:

Given the following :

Rothschild index = 0.6

Elasticity of demand for total market = - 0.9

Annual sale = $1,450,000

Elasticity of demand for a representative retailer's product :

Using the Rothschild demand Elasticity relation:

Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product

0.6 = - 0.9 / Elasticity of demand for a representative retailer's product

Elasticity of demand for a representative retailer's product = - 0.9 / 0.6

= - 1.5

Vera examined a random sample of deodorants distributed by her company. She found the following probabilities:.

Answers

Vera examined a random sample of deodorant distributed by her company and she found a probability of 0.82.

P=0.55 for males.

P=0.18 for botanical fragrance

P=0.05 for men and botanic

Given that deodorant has a botanical aroma, we need to determine the likelihood that it is for guys.

(For men/Botanical smell) i.eP

The condition probability formula is P (A | B ) = P (A U B ) / P (B)

P for men/Botanic scent = P ( F or men and botanic ) / P (botanic scent)

P(For men/Botanical fragrance) = 0.05/ 0.18

P=0.28 (For men/Botanical smell)

Simply put, the probability is the likelihood that something will occur. When we don't know how an event will turn out, we might discuss the likelihood or likelihood of several outcomes. Statistics is the study of occurrences that follow a probability distribution.

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Does the education make a difference in salary for a database administrator??

Answers

Answer:

Yes it surely does

Explanation:

please mark me as brainlyest

you are considering the purchase, for $15,000, of an annuity that pays $2500 per year for the next 10 years. you want to have a real rate of return of 5% and you estimate inflation will average 6% over the next 10 years. should you buy the annuity?

Answers

Since the real rate of return is negative, it means that the purchasing power of the $2500 annual payments will decrease over time due to inflation. Therefore, buying the annuity might not be a wise investment decision.

To determine whether buying the annuity is a good investment, we need to calculate the real rate of return after adjusting for inflation. In this case, the nominal rate of return is 5%, but inflation is expected to be 6%, which means the real rate of return is negative (-1%). This indicates that the value of the $2500 annual payments will decrease over time due to inflation.

To account for inflation, we can use the formula:

Real rate of return = (1 + nominal rate of return) / (1 + inflation rate) - 1

Using the numbers given in the question, we get:

Real rate of return = (1 + 0.05) / (1 + 0.06) - 1
Real rate of return = -0.0094 or -0.94%

It would be better to explore other investment options that provide a higher real rate of return and offer protection against inflation.

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Those with a broader view concerning business obligations believe that with power comes.

Answers

Those with a broader view concerning business obligations believe that with power comes. This is because they believe that business will enable the perpetrators to gain recognition, become leaders for themselves, earn more income, be able to manage time as desired, and have a good future.

A business is a series of businesses carried out by individuals or groups by offering goods and services for profit (profit). The meaning of business can also be defined as providing goods and services for the smooth running of the economic system.

Businesses are useful for producing most of the goods and services we consume. In addition, it can also open jobs to employ the majority of the workforce. Businesses can create innovations as well as opportunities for new businesses as their suppliers. Business can affect the quality and standard of living of the community.

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In 2010, the population of a city was 223,000. From 2010 to 2015, the population grew by 5%. From 2015 to 2020, it fell by 3%. How much did the population grow from 2010 to 2015, to the nearest 100 people?.

Answers

From 2010 to 2015, the population grew by 5%, which is 11,150 people to the nearest 100 people. Population refers to the number of people living in a specific geographic area, such as a country, state, city, or neighborhood.  

Population can also refer to the number of individuals of a particular species living in a specific area. In general, population data is used to understand the demographics and characteristics of a specific area, as well as to make predictions about future population trends and patterns.

From the text we are informed that the population of a city was 223,000 in 2010. From 2010 to 2015, the population grew by 5%. From 2015 to 2020, it fell by 3%.

Hence, to determine the growth of population from 2010 to 2015 is:

223,000 x 0.05 = 11,150

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I am MrBeast and if you can guess what number I am thinking of between 1 and 100 I will give $10,000. Comment or answer.

Answers

Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

Help PLEASE!!!

Joel works as a customer service representative in an electronics store. A customer has a complaint regarding a technical aspect of the computer
he bought from the store two weeks ago. Although Joelis familiar with the specifications of the computer, he is fully equipped to help the
customer with the complaint. Assuming that Joel possesses good customer service skills, which action should he toket

A. use the internet to find the required information and help the customer
B. ask the customer to wait while he has a meeting with his manager
C. help the customer contact the store's engineer who can provide help regarding technical issues
D. ask all members of his staff whether they have a solution to the customer's problem
E. politely tell the customer that nobody could possibly solve the problem

Answers

Answer: C

Explanation: since she is customer support the obvios (god i cant spell sometimes) thing to do is connect them to a engineer who can help them. you could also do process of elimination A: they probaly did search the internet already B: why the manager? wouldnt someone like an engineer have better insight on this? C: Engineers have the most expertise in this area so they can help fix the problem. D: sure this could help but its not as sure as asking the engineer

ANSWER: C

Joel being as a customer service representative in an electronics store shall help the customer contact the store's engineer who can provide help regarding technical issues. Option C is correct.

What is Customer Service Representative?

Customers who have inquiries, requests, or concerns regarding goods or services they have received from the business are assisted by a customer service representative.

At every stage of the process, they give priority to the demands of the clients and offer solutions that are tailored to those unique circumstances.

Essential Characteristics of an Outstanding Customer Service Representative has problem-solving abilities. The most important trait for providing outstanding customer service is problem-solving, followed by clear communication, friendliness, empathy, business savvy, goods knowledge, and strong time management.

Thus option c is correct.

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A burglar stole a collector's impressionist painting valued at $400,000. The collector, who had insured the painting for $300,000 with an insurance company, promised to pay $25,000 to a full-time investigator for the insurance company if he effected the return of the painting to her in good condition. By company rules, the insurance company permits its investigators to accept and retain rewards from policyholders for the recovery of insured property. The investigator, by long and skillful detective work, recovered the picture and returned it undamaged to the collector.If the collector refuses to pay the investigator anything, and he sues her for $25,000, what is the probable result under the prevailing modern rule?
The investigator wins, because the preexisting duty rule does not apply if the promisee's (the investigator's) duty was owed to a third person.

Answers

Under the prevailing modern rule, the investigator would most likely win the case against the collector.

This is because the preexisting duty rule does not apply in this situation since the investigator's duty was owed to a third person, the insurance company. Additionally, the insurance company's policy allows for investigators to accept and retain rewards from policyholders for the recovery of insured property. Therefore, the collector's promise to pay the investigator $25,000 for the safe return of the painting in good condition is considered a valid contract. The investigator's long and skillful detective work resulted in the successful recovery of the painting, and since it was returned undamaged, the collector is obligated to pay the agreed-upon reward. Failure to do so could result in legal action being taken against the collector.

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Renter Expenses

What expenses do you need to budget for if you choose to rent a home? Check all that apply.

a mortgage payment
a rent payment
homeowners insurance
renters insurance
property taxes
a security deposit
utility payments

Answers

When choosing to rent a home, the following expenses should be considered and budgeted for:

Rent payment: The primary expense when renting a home is the monthly rent payment, which is typically paid to the landlord or property management company.Renters insurance: Renters insurance is a type of insurance that provides coverage for personal belongings and liability protection in case of accidents or damages within the rented property. It is generally recommended for tenants to protect their belongings.Security deposit: Most landlords require tenants to pay a security deposit upfront, which serves as a form of protection for the landlord against any potential damages or unpaid rent. The security deposit is usually refundable at the end of the tenancy, provided there are no damages beyond normal wear and tear.Utility payments: As a renter, you will likely be responsible for paying utilities such as electricity, water, gas, and possibly other services like internet and cable. These costs can vary depending on the size of the property and your usage.Homeowners insurance: Homeowners insurance is not an expense for renters. It is typically of the property owner to have insurance coverage for the property itself, including the structure and any liabilities associated with it.

In summary, when renting a home, you need to budget for rent payment, renters insurance, security deposit, and utility payments. Homeowners insurance and property taxes are not expenses that renters typically have to pay.

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Answer:

b, d, f, g

Explanation:

Bought goods
for
cash $100
to double
entry system.

Answers

Purchases account is going to increase on the credit side and the cash account is going to decrease ( to be written on the credit side).

Answer:Purchase account Dr.$100

              cash account Cr.$100

Explanation:

Building a brand is all about relationships. Characterise the relationship behind a brand

Answers

Relationships are the key to developing a brand. Explain the connection between a brand and the thoughts, feelings, and interactions that customers have with it.

Building strong customer relationships is crucial since communication is the foundation of any successful relationship. Both marketing your company and paying attention to your clients are crucial. Talk to customers about your company instead than just telling them about it. While brands are created through consumer perceptions, expectations, and experiences with all of the goods and services that fall under a given brand, products are made by businesses and can be purchased by consumers in return for cash. For instance, Toyota produces automobiles.

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A street vendor sells two types of newspapers, one for $0. 25 and the other for $0. 40. If she sold 100 newspapers for $28. 00, how many newspapers did she sell at $0. 25?.

Answers

The correct answer using linear equation formula will be, that she sold 80 newspapers at $ 0.25.

Let a be the no. of newspapers at $ 0.25,

and b be the no. of newspaper at $0.40

According to question, the linear equation which will be formed is,

a+b = 100 (i)

0.25 a + 0.40 b = 28

25 a + 40 b = 2800

25 a + 25 b = 2500

15 b = 300

b = 20, with equation 1, a= 80

Therefore, she sold 80 newspapers at $ 0.25.

Linear equation: It is an equation of the type Ax + B = 0, where the A and B are a type of real numbers whereas, x is a variable which is unknown and since it involves only one variable means it will have only one solution .

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How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?

Answers

Answer:22 years

Explanation:

4. Analyze. What is wrong with this statement:
"Individuals were worse off in 1960 because they
didn't earn as much as individuals earn today"?

Answers

Answer:

Daadsasdjahishsbksnsbidje

what is a legal framework that sets guidelines for the collection and processing of personal information of individuals within the european union?

Answers

The General Data Protection Regulation (GDPR) seems to be a body of law that establishes standards for the gathering and handling of personal data about persons in the European Union. The correct option is A).

What European Union means?

The European Union seems to be a special collaboration between 27 member states of the European Union. Collectively, they encircle a sizable portion of Europe. Almost 447 million people, or about 6% of the world's population, reside in the EU.

Does India belong to the European Union?

The 1994 EU-India Cooperation Agreement governs cooperation between European Union or the Republic of India. India's trading relationship with the EU is substantial, and since 2007, the two countries have been trying to establish a free trade agreement.

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The Complete Question :

What is a legal framework that sets guidelines for the collection and processing of personal information of individuals within the European Union? Multiple Choice Rule 41

A. General Data Protection Regulation (GDPR)

B. the right to be forgotten fair information practices.

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