If a company's operating profit margin is 4% and its total asset turnover is 1.5 times, its operating return on assets is: A. 2.7%. B. 6.0%. C. 7.3%.
Q: Management of Mittel Company wants to reduce the elapsed time from when a customer places an order…
A: Let me help you solve this step by step.Step 1: Calculate Throughput TimeThroughput time = All time…
Q: Hi expart Provide answer not use ai
A: Part a: Interest-Bearing NoteCalculating Interest:Interest = Principal * Rate * TimeTime = 45 days /…
Q: Need help with this accounting question
A: Step 1: Define PensionIn the pension scheme offered by the companies to its employee, the employees…
Q: Question in image, thanks!
A: Explanation: As per lower of cost or net realizable value (LCNRV) basis of inventory valuation, the…
Q: Give true answer
A: The Profitability Index (PI) is a financial metric used to evaluate the profitability of an…
Q: A company has net income of $50,000 and total assets of $500,000. What is the ROA?
A: Step 1:Identify the valuesStep 2:Apply the formulaStep 3:Perform the calculation
Q: The following information is available to reconcile Branch Company's book balance of cash with its…
A: Hello student! The purpose of a Bank Reconciliation is to adjust the bank statement balance and the…
Q: Solve this accounting question
A: Step 1:- Define Account ReceivableAccount Receivable is an asset account that has a normal debit…
Q: Answer this question
A: Explanation of Adjusting Entry:An adjusting entry is a journal entry made at the end of an…
Q: Please provide help with the accounting question
A: Step 1: Define OverheadsCosts associated with a company's daily operations are known as overheads.…
Q: A company has a net income of $150,000 and total equity of $600,000. What is the ROE? A) 15% B) 20%…
A: Explanation of Return on Equity (ROE): Return on Equity (ROE) is a financial ratio that measures the…
Q: Please Solve this One
A: Step 1: Identify Key Project DataAnnual Revenue: $40,000Annual Operating Costs: $29,000Initial…
Q: Get Solution of this General Accounting Question
A: Given InformationFree Cash Flow in Terminal Year: $1,100,000Cost of Equity: 12% or 0.12Growth Rate:…
Q: Solve this one not use ai
A: Step 1: Define Manufacturing overheadManufacturing overhead comprises all costs caused within the…
Q: Provide solution this accounting question
A: Step 1: Define Direct Labor Cost VarianceDirect labor cost variance is used to know the deviation of…
Q: Need answer please
A: The total return on an investment is calculated as the difference between the selling price and the…
Q: Laurman, Inc. is considering the following project: Required investment in equipment Project life…
A:
Q: Give Correct profit margin for this accounting question
A: Hello student! Profit Margin or Net Profit Margin is the percentage of net sales left after we…
Q: Give me answer
A: TaTa Corp:Equipment Purchased on 1st January 2023Cost = $50,000Salvage Value = $5,000Useful Life = 5…
Q: Eps
A: Explanation of Net Income:Net income is the total profit a company makes after subtracting all…
Q: sa
A: Step 1: Determine Production Cost per Unit for Each Type of Box Step 2: Calculate Cost of Goods Sold…
Q: Accounting solve this question
A: Step 1:- Define Asset TurnoverThe asset turnover ratio is computed by dividing the net sales revenue…
Q: mn
A: Step 1:Accounts receivable, ending = Accounts receivable, beginning - Written off accountsAccounts…
Q: General Accounting
A: Step 1: Define Understanding RatiosThe ratios of a company are generated by looking at the figures…
Q: Accounting. What is degree of operating leverage?
A: Step 1:- Define Operating LeverageOperating leverage measures the degree to which a company can…
Q: How much is net income? Accounting
A: Step 1:- Define Net IncomeThe last or bottom line of income statement financial report is the net…
Q: rmg
A: Let me help you solve this step by step.First, let's calculate the hourly regular rate:Monthly…
Q: Required information [The following information applies to the questions displayed below.] In 2024,…
A:
Q: Give me Answer
A: Explanation of Financing Activities:Financing activities refer to transactions that involve raising…
Q: Give true answer this accounting question
A: Step 1: Introduction to the Profitability IndexThe profitability index of a project denotes the…
Q: Hello tutor answer this general accounting question do fast
A: Step 1: Define High-Low MethodThe high-low method is a commonly used cost allocation technique used…
Q: Can you just answer #4 in table form, thanks!
A: First, we compute for the total cost & total lower of cost or NRV as shown…
Q: Sperberg corporation's operating leverage
A: Step 1: Percentage Change in Net Operating Income can be calculated using the formula of Operating…
Q: What is the required rate of return? On this accounting question
A:
Q: Need Help with this Question please
A: Step 1: Define Cash And Credit SalesBusinesses are actively involved in the trading of products or…
Q: If an accumulation of $500 is desired at the end of three years
A: To solve this, we can use the formula for the present value (PV) of a future sum of money, which…
Q: What is the book value per share? Makers Corp. had additions to retained earnings for the year just…
A: Step 1:1. The book value per share is calculated as follows: Book value per share = Total ending…
Q: What is the dollar amount of net sales? for this accounting question
A: Step 1: Define Net SalesNet sales refer to the total sales of the business after considering total…
Q: Hi expart Provide correct solution
A: Step 1: Define Cost of Goods SoldThe accumulated direct cost of acquiring or creating a product or…
Q: None
A: Step 1: Define TaxThere are two methods that taxpayers can follow to pay taxes, Cash basis or…
Q: Question in image, thanks!
A: Unadjusted inventory balance$4,680Inventory balance—physical count(4,470)Decrease in inventory…
Q: Accounting Elite brands company uses standard costs for its manufacturing division..
A: Step 1:- Define Variable OverheadThe manufacturing expenses are known as variable overhead and move…
Q: Hello tutor give answer step by step
A: The problem requires the determination of the profitability index. The profitability index rule is a…
Q: Financial Accounting
A: Step 1: Define Cost-Volume-Profit (CVP) AnalysisIn the context of finance, the concept of the…
Q: Accounting. What is the firm's price earning ratio?
A: Step 1:- Define Price Earning RatioWe can determine if a particular stock is selling at a higher…
Q: Political parties do more harm than good in a democratic society
A: Approach to Solving the Question To provide a comprehensive and insightful response to the prompt, I…
Q: Need help with the Financial Accounting Question
A: Step 1: Define Percentage ReturnPercentage returns refer to the returns (gain or loss) on an…
Q: If you give me wrong answer I will give you unhelpful rate
A: Step 1: Define Capital RecoveryCapital recovery is the difference between an asset's acquisition…
Q: Please need answer
A: The calculations can be seen below: The initial investment amount will be computed here. It should…
Q: Please solve this accounting problem not use ai
A: Step 1: Define Return On AssetReturn on asset (ROA) is a profitability ratio to measure how much net…
Please need answer the accounting question
Step by step
Solved in 2 steps
- Need helpA 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.A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.
- roa15. Firm A has a total asset turnover ratio of 4.4, a net profit margin of 0.11, and return on equity of 0.15. Its return on assets is a. 0.02 b. 0.07 c. 0.48 d. 0.66If Epic, Inc. has an ROE of 25%, an equity multiplier of 4, and a profit margin of 12%, what is the total asset turnover ratio? a. 0.0833 b. 0.192 c. 0.5208 d. 0.75
- Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7, and an equity multiplier of 4.9. Manufacturer B has a profit margin of 2.3%, an asset turnover of 1.1, and an equity multiplier of 4.7. How much asset turnover should manufacturer B have to match manufacturer A's ROE?Help meNeed help with this accounting question