en Machine Tools has total assets of $3,130,000 and current assets of $866,000. It turns over its fixed assets 2.7 times peurn on sales is 8.5 percent. It has $1,920,000 of debt.is its return on stockholders' equity?Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.n on stockholders' equity%

Return on shareholders’ equity is e measure of profit generated by a company against total…

Answered: en Machine Tools has total assets of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Similar questions

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 %
You have found the following stock quote for RJW Enterprises, Incorporated, in the financialpages of today's newspaper. YTD % Change Stock SYM YLD PE Last Net Change -1.1 RJWEnterprises RWJ 2.5 15 108.00-.42 a. What is the annual dividend? (Do not roundintermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Whatwas the closing price for this stock that appeared in yesterday's paper c. If the companycurrently has 30 million shares of stock outstanding, what was net income for the most recentfour quarters? (Do not round intermediate calculations and enter your answer in dollars, notmtermediate calculations and round your answer to 2 decimal
The Dahlia Flower Company has earnings of $1.48 per share. a. If the benchmark PE for the company is 15, how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. If the benchmark PE for the company is 18, how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Stock price b. Stock price
Y3K, Incorporated, has sales of $6,389, total assets of $3,005, and a debt-equity ratio of 1.60. If its return on equity is 10 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income
How do I get both sides to balance? Assets =Liabilities and Stockholders Equity? I cant seem to find the shareholders equity amount. Assets Liabilities and Stockholders Equity Cash $ 7,000.00 Accounts Payable $14,000 Accounts Recievable $ 19,000.00 Long-Term Debt $140,000 Inventory $170,000.00 Shareholders Equity $7,000 PP&E $ 70,000.00 266,000 $161,000 Cash $ 7,000.00 inventory of TV $ 170,000.00 PP&E 70000 Accounts Recievable $ 19,000.00 Accounts Payable $14,000 Long-Term Debt $140,000 Shareholders Equity XX
Suppose a stock had an initial price of $103 per share, paid a dividend of $2.55 per share during the year, and had an ending share price of $115. Compute the percentage total return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Percentage of total return %
The See King Hotel's sales forecast for the next quarter, ending December 31st, indicates the following: Product Expected Sales Snapper 2,000 units Shrimp 3,500 units Calamari 5,200 units Inventories at the beginning, and desired quantities at the end of the quarter are as follows: Product October 1st December 31st Snapper 580 units 250 units Shrimp 160 units 150 units Calamari 130 units 180 units Draw up a Production budget in units for next quarter.
The Blooming Flower Co. has earnings of $1.87 per share. a. If the benchmark PE for the company is 15, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the benchmark PE for the company is 28, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Stock price b. Stock price
You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages of today's newspaper. YTD Net %Change Stock -1.1 RJW Enterprises SYM RWJ YLD PE Last Change 2.5 15 84.00 -.36 a. What is the annual dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What was the closing price for this stock that appeared in yesterday's paper? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. If the company currently has 24 million shares of stock outstanding, what was net income for the most recent four quarters? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) a. Annual dividend b. Yesterday's closing price c. Net income
Helmuth Inc's latest net income was $1,500,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations. O a. $2.31 O b. $3.24 O c. $3.00 O d. $2.28 Oe. $3.21
Firm L had net assets at the end of the year of $415,000. The only items affecting stockholders' equity during the year were net income of $76,000 and dividends of $46,000. Required: Calculate Firm L's average stockholders' equity and return on equity (ROE). Choose Addend: Choose Numerator: + 1 Average Stockholders' Equity 1 Choose Addend: /Choose Denominator: Return on Equity 11 = Average Stockholders' Equity Average stockholders' Equity Return on Equity Return on Equity Check my work
Calculate the equity multiplier (total assets / total equity) for the firm below. Make sure you do NOT convert your answer and keep 2 decimals for your final answer.....for examples, if you calculate 6,000/400 = 15, you should enter 15 into BB to be marked correct. Sales $5,000 COGS $1,200 Depreciation $800 Interest $500 Net Income $200 Total Assets 5000 Total Equity 1400

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