Prince Company had a net income of $45,500 in a year when its stockholders equity averaged $450,000 and its total assets averaged $2,500,00. Calculate the company's return on equity for the period.

Answers

Answer 1

The company's return on equity for the period is 10.11%.

To calculate the company's return on equity, we need to use the following formula:

Return on Equity = Net Income / Average Stockholders' Equity

In this case, we are given the net income and the average stockholders' equity. We can plug these values into the formula to find the return on equity:

Return on Equity = $45,500 / $450,000

Return on Equity = 0.1011

To express this as a percentage, we can multiply by 100:

Return on Equity = 0.1011 * 100

Return on Equity = 10.11%

Therefore, the company's return on equity for the period is 10.11%.

It's important to note that return on equity is a measure of how efficiently a company is using its equity to generate profits. A higher return on equity indicates that the company is more efficient at using its equity to generate profits. In this case, the company's return on equity of 10.11% indicates that it is relatively efficient at using its equity to generate profits.

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Related Questions

The sector tends to be the biggest sector in developed economies.

Answers

Answer:

Tertiary economic sector.

Explanation:

In economics, the tertiary economic sector is the one in which, after the extraction of raw materials and the production of goods, said goods or the services associated with said goods are traded in the market. Thus, the tertiary sector mainly encompasses retail marketing and the provision of services, such as banking, tourism or health benefits, among many others. It is, in short, the sector in which the goods produced enter the market, giving them an added value for its usefulness.

How is a compressed work week different from a traditional work week?

You work one more day in a compressed work week.
You work forty hours in a compressed work week.
You work one less day in a compressed work week.
You work less than forty hours in a compressed work week.

Answers

Answer:

A compressed work allows the employee to work for 35-40hours workweeks in less than five workdays.

35-40 hours
have a great day

What is the best source of information to use when purchasing a new car?

Answers

Find out what your current vehicle is worth before you negotiate the purchase of a new car. Check the National Automobile Dealers Association's (NADA) Guides, Edmunds, and Kelley Blue Book. This information may help you get a better price from the dealer.

Quality assurance programs have been successful in many manufacturing environments because they increase workers’ autonomy over the work process.

a. True
b. False

Answers

False - Because employees have little influence over the process, it has proven less successful.

What is the main purpose of quality assurance?Both the manufacturing and service sectors use the term "quality assurance" to refer to the systematic measures taken to guarantee that the product delivered to the customer meets the contractual and other agreed-upon performance, design, reliability, and maintainability expectations of that customer.Process control, control charts, acceptance sampling, and product quality control are the four categories of quality control.Process audits, process standards, process documentation, and process checklists are a few examples of quality assurance practises. Examples of quality control procedures are inspection, peer reviews of deliverables, and software testing.In order to produce the specified product or service on time and within budget, as well as to go above and beyond in all transactions and contacts with the customer, quality assurance is meant to complete front- and back-end procedures in the most effective and fluid way possible.

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rao investments has 6.5 percent coupon bonds outstanding with a current market price of $548. the yield to maturity is 13.2 percent and the face value is $1,000. interest is paid annually. how many years is it until these bonds mature?

Answers

Redesigned Computers holds outstanding 6.5 percent coupon bonds with a $548 current market price. The face value has a yield to maturity of 13.2 percent.

A revamped product is what, exactly?

Redesigning your existing product involves completely starting over. The user experience—how it appears, functions, and leaves the user feeling—needs significant, not just incremental, adjustments. redesign Share Add to list. Redesigning anything means altering its appearance or functionality. A redesign entails throwing out the first chosen design and coming up with a new one. basically beginning from zero For instance, redesigning a girls' frock to become a girls' pant suit would be acceptable.

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what are the two types of pressures that companies are under when expanding internationally? pressure to lower prices pressure to adapt locally pressure to lower costs pressure to provide global quality

Answers

When expanding internationally, companies are typically under two types of pressure: pressure to adapt locally and pressure to provide global quality. The pressure to adapt locally refers to the need for companies to tailor their products, services, and marketing strategies to the specific cultural, economic, and legal contexts of the countries they are expanding into.

On the other hand, the pressure to provide global quality refers to the need for companies to maintain consistent quality standards across all their international operations while also complying with local regulations and meeting customer demands. While companies may also face pressure to lower prices and costs, these pressures are often secondary to the need to adapt locally and provide global quality in order to succeed in the international market.


1) Pressure to lower costs and adapt locally: When companies expand internationally, they face competition from local businesses. To stay competitive, they need to lower their costs, which can include production, transportation, and marketing costs. Additionally, they must adapt their products or services to meet local preferences and regulations. 2) Pressure to provide global quality while maintaining competitive prices: Companies must ensure that their products or services maintain a high level of quality that is consistent across all markets. This can be challenging due to varying regulations and consumer preferences in different countries. At the same time, they must keep their prices competitive, which requires efficient cost management and continuous improvement of their offerings.

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Income tax that is payable to the federal government is collected by the
.
who ever anwer is marked brainlist

Answers

The Internal Revenue Service (IRS)

Answer:

Guy above is 100% correct, I put IRS and got 5/5!

Explanation:

the first widespread model that addressed how individual work should be designed focused on

Answers

The best response is to specialise in one's job. Thus, a job specialisation refers to a worker receiving a specific number of duties from an organisation.

Because jobs often fit within people's skill sets, the main objective of job specialisation is to maximise and improve employees' efficiency.

Job specialisation can gradually develop into a habit, which results in the automation of individuals who are unlikely to experience personal growth or learn new skills at work. Employees occasionally have the opportunity through job rotation to change from their typical everyday role to a completely different one. Those who participate in work enrichment have the opportunity to keep their current jobs while assuming more responsibility through challenging assignments.

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3. Explain how productivity affects economic growth.

Answers

Answer:

Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.

Explanation:

A Sign That Ethics Has Become A Primary Concern For Boards Of Directors Is That Multiple Choice Directors Area. More Often Chosen For Their Political Connections Than For Their Expertise b. Modern Executive Compensation Is Closely Linked To The Firm's Employee Retention Rate. C. Poor Financial Performance Is The Most Common Reason For CEOs To Be Fired Saved Help

Answers

Modern executive compensation is closely linked to the company's employee retention rate.

To elaborate: Ethical behavior toward employees is one of the primary responsibilities of the Board of Directors. They shouldn't be fired for little things. They should be given a chance to grow and develop.

2. the environment in which a manager works In addition to their social and ethical responsibilities, managers need to be aware of the environment in which they operate. If the business is to be viable and successful in the long run, they must take into account all of these factors.

What does "Board of Directors" mean?

A board of directors is a group of people who represent the interests of shareholders. In addition, it offers advice to an organization's chief executive officer and executive team. A board provides general oversight of operations without getting involved in the day-to-day operations.

The hiring of the company's CEO or general manager and the evaluation of the company's overall strategy and direction are the board of directors' primary responsibilities. The CEO or general manager is responsible for hiring all other employees and overseeing the business's day-to-day operations.

The majority of the board of directors consists of the chief executive officer and occasionally other senior managers, as well as board members who are not otherwise associated with the company. The most common definition of an inside director is an employee of the company, though significant shareholders may also be included from time to time.

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Tina established her objectives in the early stages of her ad campaign. to find out whether those objectives have been met at the end of the campaign, she will a) arrange for peer analysis b) conduct feedback analysis c) initiate content analysis d) pretest analysis

Answers

In order to determine whether the objectives that Tina established in the early stages of her ad campaign have been met at the end of the campaign, she could consider a variety of analysis methods.

One option is to arrange for peer analysis, which involves having a group of experts in the industry evaluate the campaign's effectiveness. Another option is to conduct feedback analysis, which involves gathering feedback from customers and stakeholders to assess their reactions to the campaign.

Tina could also initiate content analysis, which involves analyzing the content of the campaign to determine its effectiveness. Finally, pretest analysis could be used to assess the campaign's potential effectiveness before it is launched.

Each of these methods can provide valuable insights into the success of the campaign and help Tina determine whether her objectives were met.

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krysta wants to take piano lessons. she asked a teacher how many new pieces she could expect to learn each month. the teacher gave an estimate of 3. write an equation that shows how the total number of pieces krysta would learn, y, depends on the number of months of piano lessons, x.

Answers

The required equation is y = 3x which represents the total number of pieces Krysta would learn, where x months of piano lessons.

What is the Linear equation?

A linear equation is defined as an equation in which the highest power of the variable is always one.

Krysta wants to learn to play the piano. She inquired with an instructor about the number of new pieces she could anticipate studying each month. The teacher estimated three.

Let y represent the total number of pieces Krysta would learn,

And x represent depends on the number of months of piano lessons,

According to the given situation, we can write the equation would be as:

⇒ y = 3x

Therefore, the required equation is y = 3x which represents the total number of pieces Krysta would learn.

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Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip

Answers

The sequencing of the following events with respect to computer history is as follows:

In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.

In this way, the above events should be ordered.

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Answer:

Answer in image

Explanation:

Put the following events from computer history in the order they happened:DragDropDrag events here with

seamus invested an average of $325 per month since age 40 in various securities for his retirement savings. his investments averaged a 5.5% annual rate of return until he retired at age 68. given the same monthly investment and rate of return, how much more would seamus have in his retirement savings had he started investing at age 30? assume monthly compounding

Answers

if Seamus had started investing at age 30 instead of age 40, he would have had approximately $83,996.31 more in his retirement savings.

from age 40 to age 68:

A = P * (1 + r/n)^(n*t)

A = $325 * (1 + 0.00458)^(12*28) = $325 * 330.53 = $106,967.25

same amount at age 30:

A = $325 * (1 + 0.00458)^(12*38) = $325 * 588.33 = $190,963.56

The difference between these two amounts = $190,963.56 - $106,967.25 = $83,996.31

Retirement refers to the stage of life when an individual chooses to stop working and relies on income from savings, pensions, or government benefits to support their daily expenses. Retirement is often viewed as a reward for years of hard work and dedication in one's profession. It is a significant milestone in life that marks the transition from the workforce to a more relaxed and leisurely lifestyle. Retirement can be voluntary or forced due to age, health, or other circumstances.

During retirement, individuals may pursue hobbies, travel, spend time with family and friends, or engage in volunteer work. Retirement planning is critical to ensure financial security and a comfortable lifestyle during this period. This includes saving for retirement, investing in retirement accounts, and calculating expenses to ensure a stable income source.

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Why does demand rise when house prices increase? (Macroeconomics)

Answers

Answer: If house prices rise, then the wealth effect is likely to cause an increase in consumer spending. This will cause higher Aggregate Demand (AD), and it is likely to cause an increase in Real GDP and a higher rate of economic growth.

Explanation:

The Green Shoe provision is used to: O provide funding to investment bankers for unsold shares. O reduce the number of shareholders. O provide additional reward to investment bankers for a risky issue. address unsold shares. O cover oversubscriptions.

Answers

The Green Shoe provision is used to address unsold shares. The correct answer is D.

The Green Shoe provision is used to cover oversubscriptions. Therefore, correct option is d. cover oversubscriptions.

 The Green Shoe Provision used for:

The Green Shoe provision is used to cover oversubscriptions. This provision allows underwriters to issue additional shares, up to a certain percentage, if the initial public offering (IPO) is oversubscribed. By doing so, it helps stabilize the price of the stock in the aftermarket and provides additional funding to the issuing company.

The provision can be used to cover oversubscriptions, where there is more demand for shares than there are shares available. It does not reduce the number of shareholders, nor is it used to provide additional reward to investment bankers for a risky issue. Therefore, correct option is d. cover oversubscriptions.

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The overwhelming majority (e.g., more than 90%) of the largest 3000 U.S.‐based and exchange-listed stocks consistently report positive Net Income on a trailing twelve-month basis.
A. True
B. False

Answers

A. True According to financial data and analysis provider, FactSet, the overwhelming majority of the largest 3000 U.S.-based and exchange-listed stocks consistently report positive Net Income on a trailing twelve-month basis. In fact, as of August 2021, over 93% of the S&P 500 companies reported positive earnings for the trailing twelve months.

This indicates that the majority of these companies are profitable and generating positive income over the past year. However, it's important to note that positive net income doesn't necessarily mean a company is healthy or performing well overall. Other financial metrics such as revenue growth, operating expenses, debt-to-equity ratio, and cash flow are also important to consider when evaluating a company's financial health. Nevertheless, the fact that the majority of the largest U.S.-based and exchange-listed stocks consistently report positive net income is a positive sign for investors and the overall health of the U.S. economy.

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If you’re trying to reduce the cost of college which of the following strategies is likely to save you the most money 

Answers

Attending an in-state public institution is probably the strategy that will save you the most money if you're attempting to lower the expense of your college education.

Why, in your opinion, should people pay for their own higher education?

Due to two things, specifically: The first benefit of public support for education is that it will produce more highly skilled workers who will boost the economy, launch new enterprises, and ensure future development. Making students pay a little fee also encourages them to take some responsibility for their education and assists them in making informed decisions.

What merits choosing a community college?

Students can take advantage of community colleges' low tuition and fees, close campuses, small class numbers, and—possibly most importantly—the opportunity to transfer to four-year institutions.

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Discuss the role of the father in attachment theory

Answers

Explanation:

Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.

Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?

Answers

Helen's minimum balance during the quarter was $613.

What is Minimum Balance in Account?

According to the terms and conditions of the account agreement, a customer is required to keep the smallest amount of money in their account for a predetermined amount of time. This amount is known as the minimum balance in an account. Depending on the type of account and the bank's policies, the minimum balance can be set at a certain amount or it can change.

Plugging in the values, we get:

A = 783(1 + 0.027/4)^(4*(3/12))

A ≈ $791.13

So the balance at the end of the quarter, before the deposit, was about $791.13.

Next, we need to figure out the impact of the withdrawal and deposit:

August 17: Helen withdrew $170, leaving a balance of $783 - $170 = $613.

September 12: Helen deposited $200, bringing the balance to $613 + $200 = $813.

We can conclude that the minimum balance was $613 because the balance on July 1 was higher than the estimated balance at the end of the quarter, which was $791.13.

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what characterizes a market with oligopolistic competition?

Answers

It is an oligopolistic market if it has the following:

- Few number of competitors (economy is shared through a few number of businesses/companies)

- The absence of other competitors besides the dominating ones

- If those few companies have a significant impact on the market (can increase price easily)

The rise or fall in the price of an item is an.example of which of the following?
O Inflation risk
O Personal risk
O Income risk
O Interest rate risk

Answers

Answer:

Inflation risk

Explanation:

I am taking a class this right now

Answer:

income risk

Explanation:

i do the test

You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.

Answers

Answer:

3.2%

Explanation:

this is an ordinary annuity:

future value of an ordinary annuity = annual payment x future value annuity factor

$366,000 = $11,000 x future value annuity factor

future value annuity factor = $366,000 / $11,000 = 33.2727

you can solve this in two ways:

the first is with a lot of math work in order to solve the following equation

33.2727 = [(1 + i)²³ - 1] / i

or

you can use an annuity calculator (available online) which will yield 3.2%

The histogram and box plots below show the distribution of finishing times for male and female winners of the New York Marathon between 1970 and 1999.

Answers

Answer:

Kindly check explanation

Explanation:

A.)

From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.

Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.

B.)

Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.

C.)

The distribution of marathon times for men is fairly normally distributed while that if women is skewed.

The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.

The women's distribution has greater variance than the men's distribution. (greater range value).

The histogram and box plots below show the distribution of finishing times for male and female winners

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Answers

Answer:

I xixed3odn3dno3xnomxend4ond4imx74d diendeinxe said einxiw dueoxni3d 3id 2did 2iz

Theoretically high taxes slow the economy because

Answers

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

How do high taxes slow the economy?

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

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Which of the following can an interviewer legally ask you about at a job interview?
A.
Your marital status
B.
Whether or not you have medical conditions
C.
Whether or not you’ve been convicted of a crime
D.
Your age

Answers

Whether you’ve been convicted of a crime ore medical condition

In order to search the internet you need to use software referred to as a__?

Answers

Answer:

search engine

Explanation:

A search engine is software designed to search web pages on the internet. Search engines work to provide answers to information sought from the internet. They locate, organize, and present the information sought on a database called index.  

Yahoo and Bing are other examples of a search engine. It is the most known and most used.

what is the term for when businesses produce goods and services that consumers do not want​

Answers

Answer:

Productive (technical) inefficiency.

Explanation:

A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.

This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.

In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;

1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.

In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.

2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want.​ This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.

You have been hired as the new controller for the Radiance Company. Shortly after joining the company in 2024, you discover the following errors related to the 2022 and 2023 financial statements: a. Inventory at December 31,2022 , was understated by $6,000b. Inventory at December 31,2023 , was overstated by$9,000c. On December 31,2023 , inventory was purchased for $3,000. The company did not record the purchase until the inventory was paid for early in 2024. At that time, the purchase was recorded by a debit to purchases and a credit to cash.

Answers

These errors need to be corrected to ensure the accuracy of the financial statements. An adjustment of $6,000 needs to be made to increase the inventory balance at the end of 2022, an adjustment of $9,000 needs to be made to decrease the inventory balance at the end of 2023, and a journal entry needs to be made to record the inventory purchase of $3,000 in 2023.

Here's a step-by-step explanation to address the errors you've mentioned:

1. Inventory at December 31, 2022, was understated by $6,000:
To correct this error, you need to increase the inventory balance at December 31, 2022, by $6,000. This will also require an adjustment to the retained earnings balance for 2022.

2. Inventory at December 31, 2023, was overstated by $9,000:
To correct this error, you need to decrease the inventory balance at December 31, 2023, by $9,000. This will also require an adjustment to the retained earnings balance for 2023.

3. Inventory purchased for $3,000 on December 31, 2023, was not recorded until paid for in 2024:
To correct this error, you need to record the inventory purchase in the 2023 financial statements. You should debit inventory and credit accounts payable for $3,000 on December 31, 2023. Then, when the payment is made in 2024, you should debit accounts payable and credit cash for $3,000.

By following these steps, you can correct the errors related to the 2022 and 2023 financial statements for the Radiance Company.

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carter found the rock shown in the picture below near a river What transformation is represented by the rule(1, y) (1, y+3)?O translation 3 units downO translation 3 units rightO translation 3 units upO translation 3 units left Khi mt chic xe m hnh trt khng vn tc u t nh dc xung chn dc (Hnh 6), nu l qua tt c ma st, so vi th nng nh dc th ng nng ca xe ti chn dc Sample Response: First, I wrote each ratio as a fraction. Then I found a common denominator of 20. The fraction 4/10 is 8/20. Comparing numerators, 8 is less than 12, so the ratio 4:10 is smaller. Which did you include in your answer? Check all that apply. Write the ratios as fractions. Find a common denominator. Compare the numerators to see that 4:10 is the smaller ratio Alexa brought 20 chocolate cookies and sugar cookies to the fall party in the ratio of 2:3. How many chocolate cookies does she have? a triangle has side lengths g, h, and k. The relationship among the side lengths of this triangle is shownThe angle opposite side h = 45.The angle opposite side , h, = 45.The angle opposite side k = 90.The angle opposite side , k, = 90.The triangle is a right triangle.The triangle is a right triangle.The triangle is not a right triangle. The purpose of trench shoring is to during the progressive era, a. the gap between economic classes got smaller. b. agricultural production stagnated. c. the united states stopped receiving immigrants. d. the united states received a large number of immigrants from southern and eastern europe. e. corporations were considered the engine of progress. The sketch shows a curve with equation y = ab* where a and b are constants and b>0 The curve passes through the points (0,5) and (2,45) Calculate the value of a and b.NEED WORKING OUT AND CORRECT ANSWERS The Area of a Rectangle is 75. The length is 3 times thewidth. Find the Width.04060 508 Which of the following best describes the climate and terrain of the middle colonies? A diver takes a running leap off of a 40 foot cliff into a pool of water. When she is 5 feet from the cliff,she reaches a maximum height of 45 feetLet H(x) represent a parabolic function with the height of the diver above water in terms of her horizontal distance write a function to graph after 96 days, a radioactive substance has decayed to 21.4% of its original amount. After an additional 96 days, what percent of its original amount will it have decayed to? A. 4.6% B. 10.7% C. 16.8% D. 21.4% during his administration, washington pursued the foreign policy suggested by the excerpt in part because he believed that the prior to administering morphine sulfate to a client in the postanesthesia recover unit (pacu), what information must the nurse obtain? (select all that apply.) Please help me I am bad with math!!On a set of architectural drawings for an office building, the scale is 0.25 inch = 5 feet. Find the actual length of each room.What is the actual length of the Lobby?A. 27 feetB. 11 feetC. 32 feetD. 12 feet wich graph shous the solution set for -1.tx+84>-13? Long hours of work in the lab have reveled an improved version of the drug, D', which forms an additional hydrogen bond with the drug target enzyme E. This results in an overall stabilization of the complex ED' relative to ED and the binding free energy for ED' is 10.5 kJ/mol more negative than for ED. What is the resulting dissociation constant for the complex ED' at room temperature (a) at point a or point b is the gradient vector more horizontal? why? (b) at point a or point b is the gradient vector longer? why? At rest, a car's horn has a frequency of 395 Hz. Car A passes car B on the street in the same direction. If car A is traveling at 22.0 m/s and car B is traveling at 19.5 m/s, what frequency does car B hear when car A honks? (speed of sound =343 m/s) (Unit=Hz) please help I'll give 100 points