A firm has a debt to equity ratio of 50%, debt of $300,000, and net income of $90,000. The return on equity is: a. 60% b. 15% c. 30% d. Insufficient information e. None of the above.
Q: General Accounting
A: Step 1: Define Asset AcquisitionTo record the acquisition of the asset, the company must debit the…
Q: A company receives cash in advance for services it has not yet performed. This would be recorded as:…
A: Explanation of Accounts Receivable:Accounts Receivable refers to the money owed to a company by its…
Q: All of the following increase pension expense except: service cost. interest on the liability.…
A: Pension expense is the amount that a business needs to contribute to its employees' retirement…
Q: What are the equal monthly payments you must make?
A:
Q: Please provide correct answer the accounting question
A:
Q: What is the firms ROE?
A: A company's profitability in relation to its equity is gauged by its Return on Equity (ROE). It…
Q: I tried solving some but I am not sure if what I have is right.
A: Step 1:Recording transactions in the books of accounts is the first step in the accounting process.…
Q: Delta Company reported revenue of $150,000 on its 20X4 income statement. This amount will not be…
A: Deferred income tax is a liability that a company must pay in the future. It arises when the tax…
Q: Hello tutor solve this problem not use ai
A: We have given, Manufacturing overhead cost = $894,600Direct labor cost = $497,000Direct labor hours…
Q: Please solve this problem
A:
Q: Need help
A: Step 1: Define Net incomeNet income is the profit amount made by a firm after the exclusion of costs…
Q: Can you please give me right answer?
A: Step 1: Calculate the total proceeds from the sale of new shares.Total proceeds = Number of new…
Q: Which statement is false? Walmart spent about $439 million on their FCPA dispute. If a company meets…
A: Let's break down each of the statements related to Walmart's FCPA (Foreign Corrupt Practices Act)…
Q: Need help with this finance question
A: Step 1: Define Shareholder's EquityShareholder's Equity or the Owner's Equity refers to the Owner's…
Q: Accounting. Solve question
A: Step 1: Overhead over or underapplied can be calculated by subtracting the Actual Overhead from the…
Q: XYZ Co.'s petty cash receipts indicate the following expenditures for the end of October: Office…
A: Explanation:XYZ Co.'s petty cash receipts show expenditures for office supplies, selling expenses,…
Q: Accounting records for Antoinette Designs (AD) for November show the following (each entry is the…
A: a.Ending finished goods inventory = Beginning finished goods inventory + Transfers in - Transfers…
Q: Financial Accounting Question please solve
A: Step 1: Define Coefficient of VariationThe coefficient of variation metric is used to measure the…
Q: General Accounting
A: Step 1: Define AnnuityA chain of receipts or payments, receiving some interest upon it is called an…
Q: Hi expart Provide solution for general accounting question
A: Step 1: Define Issue Price of StockThe issue price means the price at which an issuing company sold…
Q: nik.3 answer must be in table format or i will give down vote
A: Approach to solving the question: I have provided the answer in tabular form below as requested by…
Q: ??
A: The Cost of Goods Sold (COGS) represents the direct costs associated with producing or purchasing…
Q: Frandec Company manufactures, assembles, and rebuilds material handling equipment used in warehouses…
A: linear programming solution minimizes total costs while ensuring demand is met and production…
Q: None
A: Step 1: Define Net IncomeA company's net income is its remainder of revenue after business expenses…
Q: Financial Accounting
A:
Q: Provide answer
A: Step 1: Understand the DuPont Formula The DuPont formula breaks down ROE into five components,…
Q: Need answer the question
A: Analysis of the question:The formula of ROE (Return On Equity) is:ROE = Net income/Owners' equity…
Q: What is the total dollar return?
A: The problem requires the determination of the total dollar return. Total return is a metric that…
Q: Vish
A: Approach to solving the question: For better clarity of the solution, I have attached the Excel…
Q: The Collins Corporation purchased office equipment at the beginning of 2019 and capitalized a cost…
A: 2. Depreciation Adjustment for 2021 (Straight-Line Method):Corrected cost after adjusting for…
Q: What is the contribution margin ratio?
A: Step 1: Define Contribution Margin RatioThe contribution margin ratio is a percentage that…
Q: Sheridan's Market recorded the following events involving a recent purchase of merchandise: Received…
A: Received goods: $54,000Returned goods: -$1,400 (deduct from the total purchase cost)+$200 is the…
Q: Need help with this question
A: Step 1: Define Uses of DOLThe impact of net operating income for a change in sales is ascertained…
Q: What is the contribution margin ratio of this accounting question?
A: Step 1: Define Contribution Margin AnalysisThe contribution margin analysis for a firm usually…
Q: None
A: Step 1: Define Predetermined Overhead RateThe predetermined overhead rate can be determined using…
Q: I need help.
A: Step 1:Process costing is a method of cost accounting where a product process through various…
Q: Provide correct answer for general accounting question
A: Ocean City Kite Company, which sells kites for $9 per unit, aims to achieve an operating income of…
Q: Need answer the accounting question
A: Step 1: Define Work in processWork in process (WIP) refers to those inventories that are unfinished…
Q: Question 5 of 5 Sandhill Company Balance Sheet For the Year Ended 2025 Current assets Cash $237.500…
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: 5:30 PM ← +91 94972 95529 Today, 2:25 pm * lll88 ILLUSTRATION During the year ended 31st December…
A: To prepare the ledger accounts for the investments of Ivory Investments Ltd. during the year ending…
Q: None
A: Step 1: Introduction to the Operational leverageA cost-accounting method called operational leverage…
Q: A note receivable due in five years is listed on the balance sheet under the caption: a.…
A: A note receivable is a written promise by a customer or borrower to pay a certain amount of money at…
Q: #76 Saved Garden Sales, Incorporated, sells garden supplies. Management is planning its cash needs…
A: 3. Cash BudgetCash BudgetParticularsAprilMayJuneBeginning Cash Balance 62,000…
Q: Exercise 4-8 (Algo) Discontinued operations; disposal in subsequent year [LO4-4] Kandon Enterprises,…
A: a. KANDON ENTERPRISES, INC. Partial Income Statement For the Year Ended…
Q: Provide answer the question not use ai
A: Step 1: Define Overhead CostsThe overhead costs are part of the company's production costs allocated…
Q: a variance is the difference between budgeted and actual results within a specific area of the…
A: As it draws attention to discrepancies between anticipated (budgeted) and actual outcomes in…
Q: mni.3
A: Let us start with the CAPMThe Capital Asset Pricing Model (CAPM) estimates the expected return on an…
Q: Need help
A: Step 1: Define Materials Price VarianceMaterial price variation is considered when a corporation…
Q: Please to answer these quest
A: A.) Find the predetermined overhead rate; with the formula;Predetermined Overhead Rate = Estimated…
Q: Answer please help
A: Explanation of Beginning Inventory: The beginning inventory refers to the stock of goods available…
Give correct roe
Step by step
Solved in 2 steps
- A firm has a profit margin of 35.92, return on assets of 25.86 and a debt to equity ratio of 1.489. What is the firm's return on equity (ROE)? 0.96% 64.37% O None of these options are correct O 23.12% O 13.83%Gates Appliances has a return-on-assets (investment) ratio of 20 percent. a. If the debt-to-total-assets ratio is 25 percent, what is the return on equity? (Input your answer as a percent rounded to 2 decima) places.) b. If the firm had no debt, what would the return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.)Kodi Company has a debt-equity ratio of 1.33. Return on assets is 7.58 percent, and total equity is $665,000. a. What is the equity multiplier? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the return on equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. c. What is the net income? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Equity multiplier b. Return on equity c. Net income times %
- Pickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net Income?A firm has a debt-equity ratio of .52, a pretax cost of debt of 6.5 percent, and a required return on assets of 12 percent. Ignoring taxes, what is the cost of equity? Multiple Choice 12.86 percent 14.36 percent 14.86 percent 20.36 percent 12.00 percentWhat is the cost of equity for a firm where the required return on assets is 15.71%, the cost of debt is 6.92%, and the target debt/equity ratio is 1.19? Ignore taxes. O A) 19.05%
- Which one of the following statements is correct? Multiple Choice If the total debt ratio is greater than .50, then the debt-equity ratio must be less than 1.0. Long-term creditors would prefer the times interest earned ratio be 1.4 rather than 1.5. The debt-equity ratio can be computed as 1 plus the equity multiplier. An equity multiplier of 1.2 means a firm has $1.20 in sales for every $1 in equity. An increase in the depreciation expense will not affect the cash coverage ratio. 1A firm had a debt ratio of 1.20. The pretax cost of debt is 8% and the reqiured return on asset is 13%. What is the cost of equity if you Ignore taxes? A) 18.24% B) 20.14% C)17.67% D) 19.57% E) 19%Croc Gator Removal has a profit margin of 10 percent, total asset turnover of 1.02 and ROE of 14.44 percent. What is the firm's debt-equity ratio? ( Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16) Debt-equity ratio________ times
- 9. The Merriam Company has determined that its return on equity is 15 percent. Management is interested in the various components that went into this calculation. You are given the following information: total 0.35 and total assets turnover = 2.8. What is the profit margin? debt/total assets = a. b. C. d. e. 3.48% 5.42% 6.96% 2.45% 12.82% 'c qurrent assets?Aneka Inc. hire your consulting firm to help them estimate the cost of equity. Yield of Aneka Inc. bonds is 7.25%, and the economist company in your company believes that the cost equity can be estimated using a risk premium of 3.50% over the company's cost of debt. What is Lange's estimated cost of equity from retained earnings? a. 10.75% b. 11.18% c. 11.63% d. 12.09% e. 12.58%A firm has a return on assets of 7.8 percent and a cost of equity of 11.9 percent. What is the pretax cost of debt if the debt–equity ratio is .72? Ignore taxes.