Naboo Manufacturing 2019 Balance Sheet Cash Inventories Accounts Receivable Net Fixed Assets Total Assets Interest Earnings Before Tax Taxes Net Income (Earnings After Tax) 10,000 15,000 5,000 30,000 Dividends Retained Earnings 50,000 Naboo Manufacturing 2019 Income Statement Sales 30,000 COGS 15,000 S, G & A 10,000 EBIT 5,000 2,000 3,000 80,000 1,200 1,800 540 1,260 Accounts Payable Notes Payable Long-Term Debt Common Stock ($1 par) Retained Earnings Total Equity Total Liabilities + Owner's Equity 5,000 5,000 10,000 20,000 45,000 5,000 50,000 80,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

What is Naboo Manufacturing's 2019 Return on Equity?

Naboo Manufacturing 2019 Balance Sheet
Cash
Inventories
Accounts Receivable
Net Fixed Assets
Total Assets
Interest
Earnings Before Tax
Taxes
Net Income (Earnings After Tax)
10,000
15,000
5,000
30,000
Dividends
Retained Earnings
50,000
Naboo Manufacturing 2019 Income Statement
Sales
30,000
COGS
15,000
S, G & A
10,000
EBIT
5,000
2,000
3,000
80,000
1,200
1,800
540
1,260
Accounts Payable
Notes Payable
Long-Term Debt
Common Stock
($1 par)
Retained Earnings
Total Equity
Total Liabilities + Owner's Equity
5,000
5,000
10,000
20,000
45,000
5,000
50,000
80,000
Transcribed Image Text:Naboo Manufacturing 2019 Balance Sheet Cash Inventories Accounts Receivable Net Fixed Assets Total Assets Interest Earnings Before Tax Taxes Net Income (Earnings After Tax) 10,000 15,000 5,000 30,000 Dividends Retained Earnings 50,000 Naboo Manufacturing 2019 Income Statement Sales 30,000 COGS 15,000 S, G & A 10,000 EBIT 5,000 2,000 3,000 80,000 1,200 1,800 540 1,260 Accounts Payable Notes Payable Long-Term Debt Common Stock ($1 par) Retained Earnings Total Equity Total Liabilities + Owner's Equity 5,000 5,000 10,000 20,000 45,000 5,000 50,000 80,000
Naboo Manufacturing 2019 Balance Sheet
Cash
Inventories
Accounts Receivable
Net Fixed Assets
Total Assets
Interest
Earnings Before Tax
Taxes
Net Income (Earnings After Tax)
10,000
15,000
5,000
30,000
Dividends
Retained Earnings
50,000
Naboo Manufacturing 2019 Income Statement
Sales
30,000
COGS
15,000
S, G & A
10,000
EBIT
5,000
2,000
3,000
80,000
1,200
1,800
540
1,260
Accounts Payable
Notes Payable
Long-Term Debt
Common Stock
($1 par)
Retained Earnings
Total Equity
Total Liabilities + Owner's Equity
5,000
5,000
10,000
20,000
45,000
5,000
50,000
80,000
Transcribed Image Text:Naboo Manufacturing 2019 Balance Sheet Cash Inventories Accounts Receivable Net Fixed Assets Total Assets Interest Earnings Before Tax Taxes Net Income (Earnings After Tax) 10,000 15,000 5,000 30,000 Dividends Retained Earnings 50,000 Naboo Manufacturing 2019 Income Statement Sales 30,000 COGS 15,000 S, G & A 10,000 EBIT 5,000 2,000 3,000 80,000 1,200 1,800 540 1,260 Accounts Payable Notes Payable Long-Term Debt Common Stock ($1 par) Retained Earnings Total Equity Total Liabilities + Owner's Equity 5,000 5,000 10,000 20,000 45,000 5,000 50,000 80,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Balance Sheet Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education