Quick answer of this accounting questions A firm has:Net income $8,000,000Total assets $40,000,000Total debt $15,000,000Required: What is the firm's Return on Assets?

ROA = Net Income / Total Assets Given:Net Income = $8,000,000Total Assets = $40,000,000…

Answered: A firm has: Net income $8,000,000 Total…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

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Suppose a firm has the following information: Operatingcurrent assets = $2.7 million; operating current liabilities =$1.5 million; long-term bonds = $3 million; net plant andequipment = $7.8 million; and other long-term operating assets =$1 million. How much is tied up in net operating workingcapital (NOWC)? ($1.2 million) How much is tied up in total netoperating capital? ($10 million)
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 is the firm's ROA?
a. How much total operating capital does the firm have? Show all work. b. Briefly discuss the importance of operating income to a company.
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What is the common size percentage for the net fixed assets?
Suppose 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 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.
Return
What is the amount of the net income? Accounting
(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.

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A firm has: Net income $8,000,000 Total assets $40,000,000 Total debt $15,000,000 Required: What is the firm's Return on Assets?