Sub. General accounting Bradford Inc. provides the following financial data for the year ending December 31,2023:Net sales: $750,000•Net income: $180,000• Total assets at January 1, 2023: $2,400,000•Total assets at December 31, 2023: $3,600,000What is Bradford Inc.'s rate of return on assets (ROA) for 2023?

Step 1: Definition of Return on Assets (ROA)The Return on Assets (ROA) is a financial metric that…

Answered: Bradford Inc. provides the following…

Cornerstones of Financial Accounting

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Coronado Incorporated had average total assets in 2025 of $6345000. It reported sales for of $8217000 that year. Average liabilities for the year were $5199000. Net income for the year was $958095. What is Coronado' return on assets for 2025? O 15.10 % O 18.43% O 6.52% O 11.66%
Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%
What was Lumina Corp.'s rate of return on assets for 2023 on these general accounting question?
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Return on assets for 2023 ?
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The 2020 Annual Report of Sheffield International contains the following information. (in millions) Total assets Total liabilities Net sales Net income (a) (b) June 29, 2020 $1,505 (c) 960 2,807 133 Compute the following ratios for Sheffield International for 2020. June 27, 2019 $1,301 1,117 2,934 131 Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) Profit margin on sales (Round answer to 2 decimal places, e.g. 4.87%.) times % %
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Following are forecasts of sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of December 31, 2018, for Humana. Reported Horizon Period $ millions 2018 2019 2020 2021 2022 TerminalPeriod Sales $56,912 $57,766 $58,632 $59,512 $60,404 $61,008 NOPAT 2,492 2,542 2,580 2,619 2,658 2,684 NOA 4,032 4,097 4,158 4,221 4,284 4,327 Answer the following requirements assuming a discount rate (WACC) of 7.8%, a terminal period growth rate of 1%, common shares outstanding of 135.6 million, net nonoperating obligations (NNO) of $(6,129) million, which is negative because Humana’s nonoperating assets exceed its nonoperating liabilities, and no noncontrolling interest (NCI) on the balance sheet. (a) Estimate the value of a share of common stock using the residual operating income (ROPI) model as of December 31, 2018. Instructions: Round all answers to the nearest whole number, except for discount factors, shares outstanding (do not round), and…
Hamad Corporation's total sales for 2022 were AED 800 million, and gross profit was AED 100 million, current assets AED 200 , cash AED 10 million, accounts receivables 90 million and account payable 40 million. Calculate accounts payable days , collection period, inventory days and accounts payable turn over.
The 2024 Income statement of Adrian Express reports sales of $19,510,000, cost of goods sold of $12,300,000, and net Income of $1,740,000. Balance sheet Information is provided in the following table. Assets Current assets: Cash Accounts receivable Inventory Long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity Industry averages for the following four risk ratios are as follows: Gross profit ratio Return on assets Profit margin Asset turnover Return on equity ADRIAN EXPRESS Balance Sheets December 31, 2024 and 2023 45% 25% 15% Gross profit ratio Return on assets 2.5 Profit margin Asset turnover Return on equity 35% times 37.0 % 20.3 % Complete this question by entering your answers in the tabs below. 2024 8.9 % 2.3 times %6 2023 $720,000 1,625,000 2,035,000 1,525,000 4,920,000 4,350,000 $9,300,000 $7,860,000 Required: 1. Calculate the five profitability…

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Bradford Inc. provides the following financial data for the year ending December 31, 2023: Net sales: $750,000 • Net income: $180,000 • Total assets at January 1, 2023: $2,400,000 • Total assets at December 31, 2023: $3,600,000 What is Bradford Inc.'s rate of return on assets (ROA) for 2023?