{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-15T14:45:59-04:00", "answer_date": "2024-06-15 14:45:59", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3092025", "url": "\/study-help\/questions\/not-a-repeat-of-the-previous-nec-questions-new-england-3092025", "question_creation_date_js": "2024-06-15T14:45:59-04:00", "question_creation_date": "Jun 15, 2024 02:45 PM", "meta_title": "[Solved] (Not a repeat of the previous NEC questio | SolutionInn", "meta_description": "Answer of - (Not a repeat of the previous NEC questions.) New England Cosmetics (NEC) produces several different perfumes and toil | SolutionInn", "meta_keywords": "repeat,previous,nec,questions,new,england,cosmetics,produces,perfumes,toiletries,men,s", "question_title_h1": "(Not a repeat of the previous NEC questions.) New England Cosmetics (NEC) produces several different perfumes and toiletries. Its men's after shave line earns a", "question_title": "(Not a repeat of the previous NEC questions.) New England Cosmetics (NEC)", "question_title_for_js_snippet": "(Not a repeat of the previous NEC questions ) New England Cosmetics (NEC) produces several different perfumes and toiletries Its men's after shave line earns a low return on assets (ROA) NEC is in a very competitive market and therefore cannot raise its prices It has an asset base of $2 235 million for this line and it currently sells $3 54 million and earns $80,000 profit before tax What is their current ROA (Not the same as the previous question) 2 26 1 58 3 58 Cannot be calculated as amount of equity needed is missing Some other number", "question_description": "
  1. (Not a repeat of the previous NEC questions.) New England Cosmetics (NEC) produces several different perfumes and toiletries. Its men's after shave line earns a low return on assets (ROA). NEC is in a very competitive market and therefore cannot raise its prices. It has an asset base of $2.235 million for this line and it currently sells $3.54 million and earns $80,000 profit before tax. What is their current ROA? (Not the same as the previous question)<\/li>
  2. 2.26%<\/li>
  3. 1.58%<\/li>
  4. 3.58%<\/li>
  5. Cannot be calculated as amount of equity needed is missing<\/li>
  6. Some other number<\/li> <\/ol>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting An Introduction to Concepts Methods and Uses", "isbn": "1111822239, 324639767, 9781111822231, 978-0324639766", "edition": "10th Edition", "authors": "Michael W. Maher, Clyde P. Stickney, Roman L. Weil", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/137.jpg", "uri": "\/textbooks\/managerial-accounting-an-introduction-to-concepts-methods-and-uses-10th-edition-137", "see_more_uri": "\/textbooks\/business-macro--economics-3328" }, "free_related_book": { "isbn": "B0CNMZYS5F", "uri": "\/textbooks\/how-to-succeed-with-cryptocurrencies-in-2024-a-beginners-guide-1st-edition-b0cnmzys5f-289421", "name": "How To Succeed With Cryptocurrencies In 2024 A Beginners Guide", "edition": "1st Edition" }, "question_posted": "2024-06-15 14:45:59", "see_more_questions_link": "\/study-help\/questions\/business-business-communication-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/if-interest-rates-increase-what-should-happen-to-a-the", "description": "If interest rates increase, what should happen to a) The price of a Ginnie Mae bond and the price of a municipal bond? b) The payments received from a Ginnie Mae bond and the payments received from a...", "stars": 3 }, { "url": "\/you-are-the-management-accountant-of-expand-a-company-incorporated", "description": "You are the management accountant of Expand, a company incorporated in Dollarland. 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