If Horizon Technologies has an operating profit margin of 6% and a total asset turnover of 3 times, what is its operating return on assets (ROA)? A) 9% B) 12% C) 18% D) 24%
Q: Need answer
A: Explanation of Cost Behavior: Cost behavior refers to how costs change in response to changes in…
Q: Assume 550 units were worked on during a period in which a total of 500 good units were completed.…
A: Step 1: Definition of Normal SpoilageNormal spoilage refers to the unavoidable loss of units during…
Q: Help
A: Explanation of Cost of Goods Sold (COGS):Cost of Goods Sold (COGS) represents the total direct costs…
Q: General Account
A: Concept of Cash CycleThe cash cycle, also known as the cash conversion cycle (CCC), measures how…
Q: Want answer
A: Earnings Per Share (EPS) is a financial metric that indicates how much profit is attributable to…
Q: Assuming net operating losses are carried forward
A: Step 1: Determine Net Income for the Fourth YearNet income is calculated as:Net Income = Gross…
Q: What was the variable overhead rate variance for the month?
A: Explanation of Standard Cost System: A standard cost system is a methodical approach to cost…
Q: Bradford Enterprises sells two products, blue pens and green notebooks. Bradford predicts that it…
A: Explanation of Weighted Average Unit Contribution Margin:The Weighted Average Unit Contribution…
Q: BH Company began the year with stockholders' equity of $320,000. During the year, the company…
A: Explanation of Stockholders' Equity: Stockholders' equity represents the residual interest in a…
Q: Provide correct answer this financial accounting question please answer do fast
A: Step 1: Define Return on Investment (ROI)Return on Investment (ROI) is a financial performance…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) is a financial ratio that…
Q: Given the solution and accounting
A: Step 1: Definition of Cost of Goods Manufactured (COGM)Cost of Goods Manufactured (COGM) refers to…
Q: Solve this Financial Accounting Problem
A: Provided Data:Current business valuation: $1,200,000Additional investment needed: $300,000Current…
Q: Thompson Industries manufactures a product with the following standard costs: • . Direct materials:…
A: Step 1: Definition of Direct Materials Quantity VarianceDirect materials quantity variance measures…
Q: Sub. financial account
A: The total materials variance measures the difference between the standard cost of materials for…
Q: Don't want AI answer
A: Manufacturing costs are typically classified into three categories:Direct Materials - These are raw…
Q: Calculate the firm's estimated free cash flow
A: To calculate Free Cash Flow (FCF), we use the formula:FCF=Net Income+Net Interest After…
Q: ??
A: Step 1: DefinitionsOperating Leverage - Operating leverage is a financial ratio that measures a…
Q: Saxbury Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and…
A: Step 1: Definition of Contribution Margin Per UnitThe contribution margin per unit represents the…
Q: General accounting
A: Step 1: Define Cash Conversion CycleThe Cash Conversion Cycle (CCC) measures the time it takes for a…
Q: Provide step by step calculation with explanation of the financial accounting question
A: Step 1: Definition of Asset DisposalAsset disposal refers to removing an asset from the business…
Q: Need help with this financial accounting question please answer
A: Step 1: Definition of Gross ProfitGross profit is the revenue remaining after deducting the cost of…
Q: PLEASE HELP. ALL RED CELLS ARE INCORRECT. NOTICE, REVENUE ACCOUNTS ARE IN THE DROPDOWN!
A: Journal Entry #Explanation1Unearned Revenue is a liability account where advanced payments from…
Q: Financial Accounting Question
A: Step 1: Define Effective Interest MethodThe effective interest method is used to amortize bond…
Q: Provide accounting question and correct solution
A: Step 1: Definition of Return on Assets (ROA) and Asset TurnoverReturn on Assets (ROA) measures how…
Q: what is the applied factory overhead for job 457
A: Step 1: Definition of Applied Factory OverheadApplied Factory Overhead is the estimated amount of…
Q: Accounting solution
A: Step 1: Definition of Days' Sales UncollectedDays' Sales Uncollected, also known as Days Sales…
Q: Hello tutor please provide correct answer general accounting question
A: Step 1: Define Ending EquityEnding equity represents the total ownership interest in a company after…
Q: Your boss at LK Enterprises asks you to compute the company's cash conversion cycle. Looking at the…
A: Explanation of Cash Conversion Cycle (CCC):The Cash Conversion Cycle (CCC) is a financial metric…
Q: PLEASE HELP!
A: March 31, 50% Redeemed, April 30 another 30% redeemed (80-50) and on June 30 5% redeemed (85-80).On…
Q: Provide correct answer
A: The loss on disposal will be reported on the income statement after considering the tax effect. The…
Q: I want to correct answer accounting questions
A: To determine the incremental free cash flow (FCF) in year 3, follow these steps: Step 1: Calculate…
Q: Need answer
A: To calculate the Cost of Goods Sold (COGS), we use the following formula:COGS = Beginning Inventory…
Q: I want to correct answer general accounting question
A: Step 1: Definition of Cost Allocation Based on SalesCost allocation is the process of distributing…
Q: Martin's Home Furniture made Net Sales Revenue of $150,000, and the Cost of Goods Sold (COGS)…
A: Step 1: Definition of Gross Profit PercentageGross profit percentage, also known as gross margin…
Q: Don't want AI answer
A: we use the Gordon Growth Model (Dividend Discount Model):Expected Return = (D₁/P₀) + gWhere:D₁ =…
Q: Solve this accounting problem
A: Explanation of Price-to-Earnings (P/E) Ratio:The Price-to-Earnings (P/E) Ratio is a financial metric…
Q: Ans
A: Step 1: Definition of Inventory ShrinkageInventory shrinkage refers to the difference between the…
Q: Provide correct solution and accounting
A: Step 1: Definition of Variable CostingVariable costing is a method where only variable production…
Q: No Ai
A: The Cost of Goods Sold (COGS) is the direct costs attributable to the production of the goods sold…
Q: Accounting answer me
A: Understanding Cycle Time Cycle time is the time it takes to produce one unit (in this case, one…
Q: During 2008, Colin Company reported net revenue of $6,600,000. The company reported net fixed assets…
A: Step 1:Ratio analysis is s method of analysis of data with previous year or with competitive…
Q: Question
A: A country's deficit is calculated as the difference between its total spending and total tax…
Q: Solve this accounting question fast
A: Step 1: Definitions Related to the QuestionDefinition of Petty Cash FundA petty cash fund is a small…
Q: predetermined overhead rat?
A: Step 1: Definition of Predetermined Overhead RateThe Predetermined Overhead Rate is an estimated…
Q: Give me solution this question
A: we use the formula for return on investment (ROI):ROI = [(Final Value - Initial Investment) /…
Q: What is the company's plantwide overhead rate
A: Concept of Overhead CostsOverhead costs refer to indirect expenses that are not directly tied to…
Q: Given the solution and accounting question
A: Step 1: Definition of Pro Forma Net IncomePro Forma Net Income is a projected net income based on…
Q: Hi experts please answer the financial accounting question
A: Step 1:(a) The maturity date of the note is calculated as follows: Formula table: Result of the…
Q: Justin Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned…
A: Step 1: Calculate Justin's Total Taxable IncomeRegular wages: $300.00Reported tips from February:…
Help with accounting question
Step by step
Solved in 2 steps
- Help meFinancial accounting questionsA 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.