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
- 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 %Please solve this general accounting question
- Please solve this problem is accountingPlease provide problem with general accountingPickler 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?