Please do not give solution in image format thanku Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below:20242023$83,000$88,00090,00077,000430,000 382,000264,000 224,000845,000755,000515,000415,00073,00059,000What is the return on equity for 2024? (Round your answer to one decimal place.)Accounts receivableInventoryNet salesCost of goods soldTotal assetsTotal stockholders equityNet incomeMultiple Choice3.2%15.7%14.2%1.5%

A financial term known as return on equity (ROE) is used to assess a company's profitability in…

Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable. Inventory Net sales. Cost of goods sold Total assets Total stockholders equity Net income 845,000 755,000 515,000 415,000 59,000 73,000 What is the return on equity for 2024? (Round your answer to one decimal place.) Multiple Choice 3.2% 15.7% 14.2% 2024 2023 $83,000 $88,000 90,000 77,000 430,000 382,000 264,000 224,000 15%

Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: Accounts receivable. Inventory Net sales. Cost of goods sold Total assets Total stockholders equity Net income 845,000 755,000 515,000 415,000 59,000 73,000 What is the return on equity for 2024? (Round your answer to one decimal place.) Multiple Choice 3.2% 15.7% 14.2% 2024 2023 $83,000 $88,000 90,000 77,000 430,000 382,000 264,000 224,000 15%

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 56CE

See similar textbooks

Similar questions

The following information was available for the year ended December 31, 2022: Dividends per share Earnings per share 1.35 3.00 28.20 Market price per share at year-end Required: a. Calculate the price/earnings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). a. Price/Earning ratio b. Dividend payout ratio c. Dividend yield % Ji di %
Determine the following measures for 20Y2, rounding to one decimal place including, percentage, except for per-share amounts. 5. Number of days sales in receivables 7. number of days sale in inventory 12. return on total asset 14. return on common stockholders equity 17. dividends per share of common stock 18. dividend yield i need help on these questions i have provided please please please
The following information was available for the year ended December 31, 2022 Dividende per share Earnings per share Market price per share at year and 1.35 Required: a. Calculate the price/earrings ratio for 2022. Note: Round your answer to 2 decimal places. b. Calculate the dividend payout ratio for 2022 Note: Round your percentage answer to 2 decimal places (La, 9.1234 should be entered as c. Calculate the dividend yield for 2022. Note: Round your percentage answer to 2 decimal places (.a., 0.1234 should be entered as 12.34) Price/Eaming ratio b. Dividend payout ratio c. Dividend yield
Please read and answer question susing the table provided
Compare and explain the data presented.
The following financial information is available for Wildhorse Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income Payout ratio 2022 Return on common stockholders' equity $2,526 $2,608 298 40 504 2021 2022 635 Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%.) 40 556 % % 2021 % %
Check my work Casello Mowing & Landscaping's year-end 2018 balance sheet lists current assets of $435,200, fixed assets of $550,800, current liabilities of $416.600, and long-term debt of $314,500. Calculate Casello's total stockholders' equity. (Enter your answer In dollars. Round your answer to the nearest dollar amount.) Total stockholders' equity Prev 1 of 5 Next > 12:15 PM 62°F Mostly cloudy E 10/30/2021 pe here to search DEL
Please help me with show all calculation thanku
Jolie Foster Care Homes Incorporated shows the following data: Net Income $ 130,000 143,000 207,000 Total Assets $ 2,330,000 2,050,000 2,740,000 200,000 2,160,000 Year 20X1 20X2 20X3 20X4 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Year 20X1 20X2 20X3 20X4 Return on Assets % % % Stockholders' Equity $ 1,795,000 1,587,000 1,790,000 1,620,000 % Total Debt $ 535,000 463,000 950,000 540,000
Domestic
Required information [The following information applies to the questions displayed below] Financial information for Forever 18 includes the following selected data: ($ in millions) Net income 2023 Dividends on preferred stock Average shares outstanding Stock price Req 28 2024 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? Complete this question by entering your answers in the tabs below. Req 2b Numerator/Denominator 2824 Amounts $172 Calculate the price-earnings ratio in 2023 and 2024. (Enter your price-eamings ratio values to two decimal places. Enter your answers in millions (l.e. 5,550,000 should be entered as 5.55).) Price-Earnings Ratio Req2a $24 400 $11.82 2023 Req 2b > $185 $19 508 $10.77
Perform a vertical analysis for the balance sheet entry "Accounts Payable" given below (as a %). (Round your answer to one decimal place.)