Fondren Machine Tools has total assets of $3,960,000 and current assets of $883,000. It turns over its fixed assets 3.5 times per year. Its return on sales is 5.7 percent. It has $1,590,000 of debt. What is its return on stockholders’ equity? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

When consumers discard their gasoline-powered automobiles for electric-powered ones, this partially reflects the of gasoline?

Emily sold the following investments during the year: stock date purchased date sold sales price cost basis a. 1,000 shares dot com co. 03-21-2007 02-04-2018 $20,000 $5,000 b. 500 shares big box store 05-19-2017 01-22-2018 $8,200 $7,500 c. 300 shares lotta fun, inc. 10-02-2017 09-21-2018 $3,000 $4,500 d. 700 shares local gas co. 06-17-2017 11-11-2018 $14,000 $17,000 for each stock, calculate the amount and the nature of the gain or loss.

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