2017 750 Cterory 2016 300 Accounts payable Accounts receivable Accruals Cash 900 825 450 300 1,500 1,200 1,050 ?? 1,500 1,100 Common Stock COGS Depreciation expense Gross fixed assets 77 2? 2,700 150 1,125 1,650 2,250 690 300 2250 Interest expense 120 Inventories 750 Long-tam debt Net fixed assets 1,500 1,875 Notes payable Operating expenses (excl. depr.) Retained eamings 825 225 750 850 Sales 1,950 90 2,250 Taxes 120 The firm's Return on Equity (ROE) for 2017 is
2017 750 Cterory 2016 300 Accounts payable Accounts receivable Accruals Cash 900 825 450 300 1,500 1,200 1,050 ?? 1,500 1,100 Common Stock COGS Depreciation expense Gross fixed assets 77 2? 2,700 150 1,125 1,650 2,250 690 300 2250 Interest expense 120 Inventories 750 Long-tam debt Net fixed assets 1,500 1,875 Notes payable Operating expenses (excl. depr.) Retained eamings 825 225 750 850 Sales 1,950 90 2,250 Taxes 120 The firm's Return on Equity (ROE) for 2017 is
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
100%
![2016
300
2017
750
Category
Accounts payable
Accounts receivable
Accruals
900
825
450
300
??
1,500
1,200
1,050
??
Cash
1,500
1,100
Common Stock
COGS
Depreciation expense
??
2,250
120
2,700
150
Gross fixed assets
Interest expense
Inventories
1,125
1,650
2,250
750
Long-tam debt
Net fixed assets
1,500
1,875
825
Notes payable
Operating expenses (excl. depr.)
Retained eamings
690
300
225
750
850
Sales
1,950
2,250
Taxes
90
120
The firm's Return on Equity (ROE) for 2017 is
18.20%
21.49%
24.89%
27.45%
30.85%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff48f7c4f-e5dd-45d3-a116-3b9877e1ca98%2F144497d4-f8a2-49cb-9ccc-6213f21e37ca%2Ftlinyv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2016
300
2017
750
Category
Accounts payable
Accounts receivable
Accruals
900
825
450
300
??
1,500
1,200
1,050
??
Cash
1,500
1,100
Common Stock
COGS
Depreciation expense
??
2,250
120
2,700
150
Gross fixed assets
Interest expense
Inventories
1,125
1,650
2,250
750
Long-tam debt
Net fixed assets
1,500
1,875
825
Notes payable
Operating expenses (excl. depr.)
Retained eamings
690
300
225
750
850
Sales
1,950
2,250
Taxes
90
120
The firm's Return on Equity (ROE) for 2017 is
18.20%
21.49%
24.89%
27.45%
30.85%
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