A firm has: Net income $12,000,000 Total assets $30,000,000 Total debt $12,000,000 Required: What is the firm's Return on Assets?
Q: Need help with this question solution general accounting
A: Step 1: Total Fair Market Value of All AssetsThe market values of the assets are:Land:…
Q: Hy expert please provide correct answer
A: Step 1: Compute the purchase price of Jedi Inc. sharesStep 2: Compute the fair value of Jedi Inc.…
Q: Please provide this general accounting question
A: Step 1: Define Manufacturing CostsManufacturing costs include all the costs that might be direct or…
Q: Provide correct answer
A: The question pertains to reorder point. A reorder point (ROP) is the level at which inventory needs…
Q: Cost Account
A: Step 1: Work in process, ending: Materials Materials = (Percentage of completion x Whole units) x…
Q: Can you please solve these general accounting question?
A: Step 1: Define Accounts ReceivableAccounts receivable refers to the value of goods or services that…
Q: Financial Accounting Question answer do fast and step by step calculation
A: Step 1: Define Coupon RateThe coupon rate is an annual interest rate that is to determine the annual…
Q: need correct answer for this financial accounting Problem 3pts
A: Explanation of Risk-Pattern Mapping: Risk-pattern mapping is a strategic approach to understanding…
Q: This is cost account question. please provide short answer
A: To compute the equivalent units of production for conversion costs, we account for:Units completed…
Q: Can you please give me true answer this general accounting question?
A: Step 1: Define Days sale uncollectedDays sale uncollected is a liquidity ratio. This ratio tells us…
Q: Please provide correct answer financial accounting
A: Step 1: Define Net IncomeNet income is the most important indicator of a business's performance as…
Q: Hi someone tutor can you solve it? subject is account
A: To determine the write-down required using the Lower of Cost or Market (LCM) rule on the basis of…
Q: I want to correct answer accounting questions
A: Step 1: Define Recognized GainRecognized gain is a scenario when the asset is sold at an appreciated…
Q: Hello teacher please provide answer accounting questions
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Give correct answer the accounting question
A: Step 1: Definition of EquityEquity is the residual interest in the assets of a company after…
Q: A company has earnings per share of solve this general accounting question
A: The price-earnings ratio (P/E ratio) is a financial metric used to evaluate the valuation of a…
Q: Initial Investment, Alternative Incremental ROR, %, when Compared with Alternative. Alternative $…
A: Approach: Because the choices are incompatible, incremental rate of return analysis was employed.…
Q: Question:Financial Account Which one of the following is an advantage of using variable costing? a.…
A: The correct answer is:c. Variable costing makes cost-volume relationships more easily apparent.…
Q: Find the correct answer for this financial accounting question
A: Step 1: Identify the equation:• Accounting Equation: Assets = Liabilities + Stockholders' Equity…
Q: Please solve this question
A: Step 1: Define Gross Profit Gross Profit is calculated as sale minus cost of goods sold. The cost of…
Q: I need answer of this question solution general accounting
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) is the total cost of…
Q: Please give me answer general accounting question
A: Step 1: Define InventoryInventory means the materials or goods a business keeps to sell, manufacture…
Q: Fill given table
A: Step 1: Compare Cost and Market ValueThe LCM for each item is determined by comparing the Cost per…
Q: Need answer
A: c. Recognize when reasonable assurance existsWhen it is quite likely that business interruption…
Q: Explain the role
A: Potential Impacts on Financial Statements:While conservatism has its merits, it can have mixed…
Q: Please given answer general Accounting
A: Step 1: Calculate Average Accounts ReceivableAverage Accounts Receivable = (Beginning Accounts…
Q: Get correct answer general accounting
A: Step 1: Definition of Days Sales Outstanding (DSO)Days Sales Outstanding (DSO) is a financial metric…
Q: Cost Account Subject
A: To determine the ending inventory, we use the cost of goods sold (COGS) formula:…
Q: I need this financial accounting question answer
A: Step 1: Define Price Earnings RatioThe price earnings ratio is a valuation measure that gives the…
Q: Need help with this question solution general accounting
A: Step 1: Define Relevant Costs in Decision-MakingThe unit product cost that a company calculates…
Q: Please given answer general accounting
A: a. To find the current EPS (Earnings Per Share):We know: P/E ratio = Price/EPSPrice = $122.40P/E…
Q: What this question answer? Please given correct answer general Accounting question
A: Step 1: Define LandThe land is recorded under a company's balance sheet as a tangible asset under…
Q: Alpine manufacturing has sales solve this accounting questions
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Hello tutor please given answer general accounting not use aii
A: Step 1: Define StockStocks are a type of securities traded in the securities exchange market. They…
Q: What is Negi' labor rate variance for July?
A: Step 1:First calculate the actual rate: Actual rate = Actual direct labor cost / Actual hours…
Q: Provide correct answer this financial account query..
A: Given InformationCorporate tax rate: 30%Personal income tax rate: 25%Dividend tax rate: 15%Company…
Q: 1)18-% - Cost Volume Profit-Show your calculations, how you arrived at your answer. A company has a…
A: Given Data:Selling Price per Unit = $30Variable Cost per Unit = $10Fixed Costs = $50,000Part a:…
Q: Please HELPPP
A: Let me help you calculate the amortization entry for the trademark. Let's solve this step by step:1)…
Q: What is the convertible bond's conversion value for this financial accounting question?
A: Step 1: Define Convertible BondsA convertible bond is a debenture that can be exchanged for several…
Q: Follow this general account questions and provide answer
A: Key Legal PrinciplesGifts and Inheritances (Excludable from Gross Income)Under IRC §102(a), property…
Q: Appalachian Airlines began operating in 2011. The company lost money the first year but has been…
A: As, the Company has taken full advantage of the Tax Code's Carry back and carry forward provisions,…
Q: Question:Cost Account Freeze Frame Camera Shop uses the lower-of-cost-or-net realizable value for…
A: To determine the ending inventory using the lower-of-cost-or-net realizable value (LCNRV) basis, we…
Q: I need answer of this question solution general accounting
A: Step 1: Define Conversion CostIn cost accounting, conversion cost is the sum of the direct labor and…
Q: What amount should axel report?
A: Partnership's Fiscal Year:GNR Partnership uses an August 31 fiscal year-end. This means that the…
Q: What is the value of total assets on these financial accounting question?
A: Step 1: Define AssetsAssets are the items to which a company has a legal or contractual right or…
Q: Why do you think accountants came up with this concept of "fund accounting" for non for profit…
A: Step 1: Meaning of fund accountingFund accounting is a system used by non-profit organizations like…
Q: Answer to following general account questions
A: Step 1: Understand Absorption CostingUnder absorption costing, the inventory includes:Variable…
Q: Kindly help with this accounting questions
A: Step 1: Definition of Credit SalesCredit sales represent the total sales made on credit during a…
Q: Financial accounting
A: Step 1: Define Earnings Per ShareThe earnings per share is a profitability ratio that is computed by…
Q: Please get the accounting question answer
A: Step 1: Define Lower of Cost or Market (LCM)The lower of cost or market (LCM) rule is an accounting…
Given answer
Step by step
Solved in 2 steps
- if A firm's current balance sheet is as follows: Assets $100 Debt $10 Equity $90 a. what is the firm's weighted-average cost of capital at various combinations of debt and equity, given the following information? Debt/assets after-tax cost of Debt cost of equity cost of capital 0% 8% 12% ? 10 8 12 ? 20 8 12 ? 30 8 13 ? 40 9 14 ? 50 10…Suppose a firm has the following information: Cash = $500,000; short-term investments = $2.5 million; accounts receivable = $1.2 million; net plant and equipment = $7.8 million. How much is tied up in operating current assets?What does a capital expenditure (in the investing activity cashflow sheet) of $53,900,000 tell us about a company?
- The _________ is the internal rate of return a firm must earn on its investment in order to maintain the market value of its stock. a. gross profit margin b. IRR c. Cost of Capital d. net profit margin A snapshot from Violet Flowers Ltd.'s financial information reveals the following for years 2018 and 2019: Item 2018 2019 Long Term Debt $4,600,000 $4,900,000 Interest expense $600,500 $870,000 Dividends $400,000 $590,000 Common Stock $1,740,000 $1,815,000 Additional paid-in surplus $4,200,000 $4,500,000 Violet Flowers' FCF for 2019 was: a. $300,000 b. $515,000 c. $785,000 d. $270,000Need answer with this accounting questionSuppose a firm has the following information: Cash = $500,000; shortterm investments = $2.5 million; accounts receivable = $1.2 million;inventories = $1 million; and net plant and equipment = $7.8 million.How much is tied up in operating current assets? ($2.7 million)
- (a) Calculate Return on Investment from the followingGross Profit Rs.100000, Office Expenses Rs. 10000, Selling and Distribution expenses Rs. 25000, Interest on Bank Loan Rs. 8000, Income tax Rs. 12000,Fixed Assets Rs. 300000, Current Assets Rs. 150000 & Current Liabilities Rs.125000(b) Calculate the earning per share from the following data15000 Equity Share of Rs. 10 each 15000010 % Preference Share Capital 100000Net Profit before Tax 55000.A return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.a. What percentage of the firm's assets does the firm finance using debt (liabilities)? b. If Campbell were to purchase a new warehouse for $1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? Question content area bottom Part 1 a. What percentage of the firm's assets does the firm finance using debt (liabilities)? The fraction of the firm's assets that the firm finances using debt is 27.827.8%. (Round to one decimal place.) Part 2 b. If Campbell were to purchase a new warehouse for $1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? The new debt ratio will be enter your response here%. (Round to one decimal place.)
