Morgan's Manufacturing has net income of $360 and total equity of $3,000. The debt-equity ratio is 0.5 and the plowback ratio is 50%. Calculate the internal growth rate.
Q: Prius Catering budgeted 5,200 covers to be served in October, and the budgeted price/cover was…
A: Step 1: Understand the Budget Variance FormulaThe budget variance for sales revenue is the…
Q: None
A: The question requires the determination of the annual dividend yield and the P/E ratio. The dividend…
Q: The balance sheets of Davidson Corporation reported net fixed assets of $830,000 at the end of Year…
A: To calculate the fixed-asset turnover ratio, we use the following formula: Step 1: Calculate the…
Q: Please answer the following requirements on this general accounting question
A: To solve this, we can use the basic accounting equation and the formula for net working capital.…
Q: None
A: Step 1: Definition of Overhead AllocationOverhead allocation refers to assigning a portion of…
Q: I want to correct answer accounting questions
A: 1. Calculate Market Value of Equity: Market Value of Equity = Shares Outstanding * Market Price per…
Q: What is the firm's P/E ratio?
A: Step 1 Dividend Yield Formula. Dividend Yield=Price per ShareAnnual Dividend per Share×100…
Q: Provide correct answer the general accounting
A: Step 1: Define Predetermined Overhead RateThe predetermined overhead rate is a rate used to allocate…
Q: Sub: financial accounting
A: Explanation of Return on Equity (ROE): Return on Equity is a financial ratio that measures how…
Q: X Company had credit sales of $700,000 during the year. End of year accounts receivable was $60,000…
A: To compute the receivables turnover ratio, use the following formula: Receivables Turnover Ratio =…
Q: General accounting
A: Step 1: Define Accounting EquationAn accounting equation is made of the three accounting elements…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Accounts Receivable TurnoverThe accounts receivable turnover ratio measures…
Q: Accurate answer
A: Explanation of Purchase Price Allocation: Purchase price allocation is the accounting method used to…
Q: I want to correct answer accounting question
A: Step 1: Definition of Budgeted Ending InventoryThe budgeted ending inventory represents the desired…
Q: Question: 2.7 Bolsa Corporation produces high-quality leather belts. The company's plant in Boise…
A: Calculation of Standard Cost of LeatherStandard Cost of Leather = Units Produced x (Strips per Belt…
Q: Which of the following is not an asset account? a. Common Stock b. Salary Expense c. Service Revenue…
A: a. Common Stock: This is an equity account, not an asset account. b. Salary Expense: This is an…
Q: provide cost account ans asap
A: Total Direct Materials Cost VarianceThe total direct materials cost variance is the difference…
Q: Accounting problem
A: A subsidiary ledger provides detailed records that support the balances in a control account in the…
Q: What is the percentage return on your investment?
A: Here's how to calculate the percentage return on your investment:Calculate the total cost of the…
Q: Give true answer the general accounting question
A: Step 1: Definition of Net Income or Net Loss:Net Income or Net Loss refers to the final profit or…
Q: Don't use ai given answer accounting questions
A: Capital Gain: Selling price - Purchase price = $2,120 - $2,000 = $120 Total Gain: Capital Gain +…
Q: What is the answer
A: Step 1: Increase in contribution margin Increase in contribution margin = Increase in sales x (Sales…
Q: Financial accounting question
A: Step 1: Definitions:Net Income: Profit after all expenses, including taxes and interest.Interest…
Q: General accounting question
A: To calculate the current price of TechGlobe Solutions, you can use the Price-to-Earnings (P/E) ratio…
Q: Sawyer Industries, Inc. (SII), developed standard costs for direct material and direct labor. In…
A: Formula for Direct Material Efficiency VarianceThe direct material efficiency variance measures the…
Q: give me answer general accounting question
A: Firms with franchise value typically exhibit superior financial performance and sustainable…
Q: find answer for this general account questions
A: To calculate the material quantity variance, we use the formula: Material Quantity Variance=(Actual…
Q: Accounting probelm
A: Concept of Unrealized Profit:Unrealized profit refers to the portion of profit that has not yet been…
Q: General Accounting question
A: Step 1: Define High-Low MethodThe high-low method is used to separate the fixed costs and variable…
Q: Don't use ai solution provided correct answer general Accounting question
A: Step 1: Identify known valuesStep 2: Calculate Standard Quantity AllowedStep 3: Use the Direct…
Q: Compute the proceeds of the note on these financial accounting question
A: Step 1: Interest Assuming 360 days in a year Interest = Principal x Rate x TimeInterest = $6,000 x…
Q: Financial Accounting
A: Step 1: Define Reward Credit CardA credit card that promotes card spending by providing different…
Q: Get correct answer general accounting question
A: Given:Beginning Total Assets = $600,000Ending Total Assets = $750,000Return on Assets (ROA) = 18%…
Q: If your actual price is more than your standard price for raw materials your price variance will be:…
A: The correct answer is:C. Unfavorable. Explanation:The raw materials price variance measures the…
Q: Please provide answer to this question
A: Biological assets refer to living plants or animals that are part of agricultural activity. Examples…
Q: Provide correct answer general Accounting question
A: Step 1: Define Direct Labor VariancesDirect Labor Variances can be due to differences in the prices…
Q: Hi expert provide correct answer
A: Step 1: Definition of DepreciationDepreciation is the allocation of the cost of a tangible long-term…
Q: Need solution of this question
A: Explanation of Gross Margin: Gross margin represents the amount of money remaining from sales after…
Q: I need a Expert NOT AI Sandra Robinson Company issued $588,000 of 9%, 20-year bonds on January 1,…
A: Step 1: Bond is a instrument that evidences a company's debt. It is the document issued against…
Q: None
A: FEEL FREE TO ASK FOR CLARIFICATIONS
Q: Quick answer of this accounting questions
A: Asset turnover ratio = Net sales / Average total assets Average total assets = (Beginning assets +…
Q: Financial Accounting Problem Swift Manufacturing's payroll shows: gross wages $50,000, income tax…
A: Explanation of Gross Wages :Gross wages represent the total amount of compensation earned by an…
Q: None
A: Step 1: Definition of Receivables Turnover RatioThe receivables turnover ratio measures how…
Q: Find owners equity
A: Explanation of Assets:Assets are resources owned by a company that provide economic value and are…
Q: Do fast answer of this accounting questions
A: To calculate the Holding Period Return (HPR), use the formula.…
Q: General accounting question
A: Step 1: Define Cost AccountingCost accounting is a component of managerial accounting that focuses…
Q: Answer? ? Financial accounting question
A: Step 1: Calculate Total Manufacturing Costs• Add Direct Labor, Direct Materials Used, and Total…
Q: none
A: To find the credit sales for April, we use the formula:Closing Accounts Receivable=Opening Accounts…
Q: Buckets operating leverage is?
A: Step 1: Formula Operating leverage = Contribution margin/Net income Step 2: Substitution Operating…
Q: Assume that retained earnings increased by $375,000 from December 31, 2008, to December 31, 2009,…
A: Step 1: Compute Net Income for the YearThe formula for changes in retained earnings is: Change in…
hello tutor provide correct answer general accounting
Step by step
Solved in 2 steps
- Toyto Corp. has net working capital of $1,370, current liabilities of $3,720 and inventory of $1,950. What is the current ratio? What is the quick ratio? Doria Inc. has sales of $29 million, total assets of $17.5 million and total debt of $6.3 million. If the profit margin is 8 percent, what it the net income? What is the ROA? What is the ROE? Orion Inc. has a total debt ratio of 0.63. What is the debt-equity ratio? What is the equity multiplier?Keller Cosmetics maintains an operating profit margin of 8.15% and a sales-to-assets ratio of 3.20. It has assets of $530,000 and equity of $330,000. Assume that interest payments are $33,000 and the tax rate is 30%. a. What is the return on assets? b. What is the return on equity? Note: For all requirement, enter your answers as a percent rounded to 2 decimal places. a. Return on assets b. Return on equity % %DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million. a. If the profit margin is 6 percent, what is the net income? b. What is the ROA? c. What is the ROE?
- The Dog House has net income of $3,450 and total equity of $8,600. The debt-equity ratio is .60 and the payout ratio is 30%. what is the internal growth rate?You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.Loreto Inc. has the following financial ratios: asset turnover = 2.40; net profit margin (i.e., net income/sales) = 5%; payout ratio = 30%; equity/assets = 0.40. a. What is Loreto's sustainable growth rate? b. What is its internal growth rate?
- What is the return on assets?Find the WACC given the following information: A firm has a cost of equity of 8% and cost of debt of 6.5%. The debt - toequity ratio is 0.75. The tax rate is 15%.A firm has a profit margin of 15% on sales of $20,000,000. If the firm has debt of $7,500,000, total assets of $22,500.00, and a after-tax interest cost on total debt of 5%, what is the firm's ROA?
- White Waters, Inc., has sales of $28 million, total assets of $36 million, and total debt of $11 million with a 6% average interest rate. If the profit margin is 14 percent, the ROA is ______ %. Round it to two decimal places.A firm has an ROA of 8%, sales of $80, and total assets of $75. What is its profit margin?TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets?
