Answer:
The formula for RNOA is net income divided by net operating assets.
29,068/354,414= 8.2%
Explanation:
Answer: Option D
Explanation: In simple words, depreciation refers to the reduction in value of an asset which occurs due to the normal wear and tear of that asset over a passage of time.
Depreciation is calculated by dividing the difference of initial value and estimated residual value with the expected useful life.
Hence, from the above we can conclude that the correct option is D .
Variable costs are corporate expenses that vary in direct proportion to the quantity of output. Unlike fixed costs, which remain constant regardless of output, variable costs are a direct function of production volume, rising whenever production expands and falling whenever it contracts.
Answer:
Bob is calculating the nominal gross domestic product GDP for 2018.
Explanation:
The nominal GDP includes the market value of all the final and legal goods and services produced within a country during a certain period (generally a year). Since it uses current market values, it is not adjusted to inflation nor measures real GDP.