Borland, Inc., has a profit margin of 5.6 percent on sales of $13.6 million. If the firm has a debt of $6.4 million and total assets of $9.8 million, what is the firm's ROA?
Q: Financial Accounting Question please answer do fast
A: Step 1: Define InvestmentAn investment is an asset created by an investor with their fund and…
Q: When higdon corporation was organised solution general accounting question
A: To calculate the dividend arrearage as of January 1, 2015, we need to determine how much cumulative…
Q: Please provide this question solution general accounting
A: Step 1: Define Calculating Selling PricesIn a merchandising company, the selling prices of its…
Q: Poonam has a standard of 1.5 pounds of materials per unit, at S6 per pound. In producing 2,000…
A: Explanation of Standard Quantity: Standard quantity is the predetermined amount of materials that…
Q: Get correct answer accounting questions
A: Step 1: Definition of Long-Term DebtLong-Term Debt: Long-term debt refers to the portion of a…
Q: What is the amount of income or loss from acceptance of the offer?
A: To calculate the income or loss from accepting the export offer, we need to focus on the…
Q: Please Solve this question
A: Step 1: Profit MarginProfit margin is a profitability ratio that evaluates how much profit is…
Q: Adam, Azim and Akbar were equal partners in a firm. Each partner contributed capital of RO 15,000,…
A: Ledger Accounts: Adams Capital AccountParticularsDebitCreditBalance b/d 15,000Interest on Capital…
Q: Need Help Please Solve this one
A: Step 1: Definition of Capital GainA capital gain occurs when an asset is sold for more than its…
Q: The Tin company uses the straight-line method to depreciate its equipment. On May 1, 2018, the…
A: Explanation of Straight-Line Depreciation: Straight-line depreciation is a method used to allocate…
Q: Provide correct answer general accounting
A: Explanation of Growing Perpetuity: A growing perpetuity is a stream of cash flows that continues…
Q: You made a sale for $175,000. The customer paid in cash. Your gross margin is 48%. What is your cost…
A: Concept of Sales Revenue:Sales Revenue is the total amount of money generated from selling goods or…
Q: Subject:- General Account - On March 1, 2019, Annapolis Company has a beginning Work in Process…
A: To calculate the cost per equivalent unit of direct materials under the weighted-average process…
Q: Question: Wickley Company's plantwide predetermined overhead rate is $20 per direct labor hour and…
A: Explanation of Direct MaterialsDirect materials are the raw materials that are directly used in the…
Q: Don't use ai given answer accounting questions
A: To calculate the Total Direct Labor Cost Variance, we use the following formula: Total Direct Labor…
Q: Compute the gross profit ratio for this general accounting question
A: Step 1: identify the formula• Gross Profit Ratio = (Gross Profit ÷ Sales Revenue) × 100 Step 2:…
Q: Please provide this question solution general accounting
A: The PEG ratio (Price/Earnings to Growth ratio) is calculated using the formula: PEG Ratio = (P/E…
Q: Please provide this question solution general accounting
A: Step 1: Define Income Tax ExpenseThe income tax expense account is a temporary account. This is…
Q: Hi expert please give me answer general accounting
A: Step 1: Identify the cost basis and 2012 market valueStep 2: Calculate the 2013 market value…
Q: I need this question answer general Accounting
A: Step 1: Define Lost SalesLost sales refer to a seller not being able to respond to customers' demand…
Q: Accounting question
A: Step 1: Define MarkupIn economics, profit markup refers to the percentage amount representing the…
Q: Financial Account
A: Public saving refers to the government budget surplus or deficit:Public saving = Tax revenue (T) -…
Q: General accounting
A: Step 1: Define Gross ProfitThe gross profit is a measure of the profitability of the business. It…
Q: FGH Floral Company has a delivery truck that is being sold after 5 years of use. The current book…
A: Explanation of Gain or Loss on Sale: When an asset is sold, the difference between the sale price…
Q: Hi expert please give me answer general accounting
A: Step 1: Definition of Gain or Loss on Sale of EquipmentThe gain or loss on the sale of equipment is…
Q: Henderson manufacturing has a profit margin solve this general accounting question
A: The Return on Assets (ROA) is calculated as: ROA = Net Income / Total Assets First, we need to…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is calculated by…
Q: Please provide correct answer the following requirements a. And b.
A: Solution:To calculate the variable cost per mile and fixed cost using the high-low method, follow…
Q: I won't to this question answer accounting
A: Step 1: Define Variance AnalysisVariance analysis helps businesses in keeping operational costs…
Q: Hii expert need help
A: Explanation of Dimensional Complexity: Dimensional complexity refers to the presence of multiple…
Q: Don't use AI
A: Explanation of FIFO Method:The FIFO (First-In, First-Out) method assumes that the oldest inventory…
Q: I want to correct answer general accounting
A: Beginning Capital:Total Assets = $75,000Total Liabilities = $45,000Beginning Capital = Total Assets…
Q: Answer? ? General Accounting
A: Step 1: Define AssetsThe asset section of the balance sheet lists the resources of a business and…
Q: I need answer of this question solution general accounting
A: Explanation: The cost to be allocated to product Y based on material receipts will be calculated…
Q: Hy expert please given correct answer general accounting
A: Step 1: Define Absorption CostingUnder the absorption costing income statement, the fixed…
Q: Please solve this question general Accounting
A: Step 1: Define Present ValueThe present value of an investment can be treated as a comparable factor…
Q: Financial accounting
A: Step 1: Define Material VarianceDirect Material Cost Variance is the difference between the standard…
Q: Please need answer the financial accounting question
A: Step 1: Define Interest ExpenseInterest on borrowed amounts from bonds and debentures is…
Q: Star manufacturing estimates manufacturing overhead solve this accounting questions
A: Step 1: Definition of Predetermined Overhead RatePredetermined Overhead Rate: It is the rate…
Q: Provide correct answer general Accounting
A: Step 1: Compute the accrued interest on the promissory note for 8 months by using the following…
Q: Calculate the selling price solution this question
A: To calculate the selling price with a 20% markup on the selling price and a profit of R5,800, we can…
Q: Harrison manufacturing reported a pretax book income solve this general accounting question
A: Step 1: Definition of Current Income Tax ExpenseThe current income tax expense is the tax liability…
Q: In the variable costing period's income statement, where should the period's fixed costs be…
A: In variable costing, fixed costs are treated as period costs and are expensed in the period…
Q: Prepare journal entries to below Question
A: Concept of Raw Materials InventoryRaw materials inventory represents the cost of materials purchased…
Q: Please provide solution
A: To calculate the cost of goods sold (COGS), we use the following formula: COGS = Cost of Goods…
Q: I need answers general Accounting
A: Step 1: Define Future ValueThe future value of a deposit represents its equivalent worth at a…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Net IncomeNet Income: Net income is the excess of revenues over expenses…
Q: General Accounting Question solution please fast
A: To calculate the expected average rate of return (ARR) for the investment in new equipment, we can…
Q: Subject. General Account
A: a) Interest charges on debt is very minimal:This is not necessarily true. The interest rates depend…
Q: Hii expert please provide correct answer general Accounting
A: To calculate the per-unit manufacturing cost under variable costing, we need to consider only the…
What is the firm's ROA ? General accounting
Step by step
Solved in 2 steps
- Bartlett's Pears has a profit margin of 8.20 percent on sales of $24,300,000. If the firm has a debt of $10,400,000 and total assets of $21,000,000, what is the firm's ROA? AnswerBeethoven Ltd. has a profit margin of 6.1 percent on sales of $18,200,000. Assume the firm has total assets of $15,400,000 and total debt of $5,200,000. What is the firm’s return on assets (ROA)?Bartlett's Pears has a profit margin of 8.20 percent on sales of $24,300,000. If the firm has a debt of $10,400,000 and total assets of $21,000,000, what is the firm's ROA?
- Bartletts Pears has a profit margin of 8.20 percent on sales of $24,300,000. If the firm has a debt of $10,400,000 and total assets of $21,000,000, what is the firm's ROA? Find out solutionWhat is the net income?Bartlett's Pears has a profit margin of 8.20 percent on sales of $24,300,000. If the firm has a debt of $10,400,000 and total assets of $21,000,000, what is the firm's ROA? Solve this accounting problem