Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.1. Its sales are $80 million and it has total assets of $56 million. What is its Return on Equity (ROE)?
Q: Hi expart Provide answer not use ai
A: Part a: Interest-Bearing NoteCalculating Interest:Interest = Principal * Rate * TimeTime = 45 days /…
Q: Need help
A: 1. Methodology:The Discounted Cash Flow (DCF) method was used, which is appropriate for valuing…
Q: de
A: We will use the following data to determine the QBI:ItemAmountReported taxable business income for…
Q: Don't use AI.
A: Hello student! To generate a flexible budget performance report, we must first understand what a…
Q: Need answer the question
A: Step 2: Calculate the Profitability Index (PI) The formula for the profitability index is:…
Q: Can you please give true answer?
A: Understanding the Problem:Book value: $19,000Selling price: $16,000 Steps:Compare selling price to…
Q: (c) Create an income statement, statement of owners' equity and balance sheet for Carson's Internet…
A: Here's a detailed explanation for better understanding. Income StatementThe Income Statement…
Q: Please help me answer the accounting question
A: Step 1: Define Contribution MarginThe contribution margin is the surplus of revenue over variable…
Q: ksk
A: Step 1: Calculate the percentage of completion for each project.The formula to calculate the…
Q: Financial accounting Question 1.3
A: Explanation of Cost of Goods Sold (COGS):Cost of Goods Sold (COGS) represents the direct costs…
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: Question: Doctor J. is considering purchasing a new blood analysis machine to test for leukemia; it…
A: Step 1: Introduction to CVP AnalysisCVP analysis, or cost-volume-profit analysis, is a management…
Q: Piefer Company sells refrigerators with an embedded 3-year warranty. During 2022, Piefer sold 15,000…
A: First, we need to calculate the total estimated warranty expense for the year 2022. This is done by…
Q: A company is analyzing its break-even point for a product with a selling price of $50 per unit. The…
A: Explanation of Selling Price per Unit:The selling price per unit refers to the amount of money the…
Q: Give correct calculation for proceeds of the note
A: Step 1: Define Note receivableNote receivable is the promise to reimburse the amount taken by…
Q: Help me with this. Thank you
A: Explanation of Contra-Asset Account: A contra-asset account is an account that is used to reduce the…
Q: Fg
A: Let's go through each option one by one to understand why Unearned Revenue is the correct answer as…
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: LO.3 Chock, a U.S. corporation, purchases inventory for resale from distributors within the United…
A: In order to conduct an analysis of the origin of Chock's income from the sale of inventory, it is…
Q: Pitino acquired 90 percent of Brey's outstanding shares on January 1, 2022, in exchange for $441,000…
A: 1. Annual Amortization from Acquisition-Date Fair-Value AllocationsExcess Purchase Price…
Q: 1. The following information pertains to Parsons Co.: Preferred stock, cumulative: Par value per…
A: Preferred Stock:Par Value per Share: $100Dividend Rate: 6%Shares Outstanding: 10,000Dividends in…
Q: Solve this accounting question problem
A: Step 1: Define Fixed AssetsFixed assets are those assets that benefit a company for years together.…
Q: What is Fairview clinic's costly trade credit?
A: Step 1: Define Trade CreditTrade credit is the term for the company's relationship with the supplier…
Q: Need Help with Financial Accounting
A: Step 1: Define Adjusting Entry:If an adjusting entry is not recorded, there would be an…
Q: Carlos Cavalas, the manager of Echo Products' Brazilian Division, is setting the production schedule…
A: 1A: Variable Costing - Production Schedule for the Last Quarter Current Inventory: 11,800 units…
Q: General Accounting
A: Step 1: Define Understanding RatiosThe ratios of a company are generated by looking at the figures…
Q: At the end of 2024, Concord Co. has accounts receivable of $704,700 and an allowance for doubtful…
A: Step 1: Allowance for doubtful debt is a provision made for accounts which will supposed to not…
Q: Which company is more profitable between Nvidia and Microsoft companies in 2024?
A: As of 2024, Microsoft is generally seen as more profitable than Nvidia. Microsoft benefits from a…
Q: General Accounting
A: Explanation: In the given question, we are required to compute net income (or loss) for the month…
Q: he Individual financial statements for Abbey Company and Bellstar Company for the year ending…
A: Step 1: 1. If Bellstar is doing more than the injectable to the breastwork — Dispose of…
Q: Can you please give correct answer for this accounting question?
A: Step 1: Define Debt-Total Assets RatioDebt to Total Assets Ratio is the ratio which represents the…
Q: None
A: Step 1: Identify the dividends per share (DPS)Step 2: Identify the market price per shareStep 3:…
Q: College Supply Company (CSC) makes three types of drinking glasses: short, medium, and tall. It…
A: Step 1:a. The predetermined overhead rate for year 5 for each cost driver is calculated as follows:…
Q: The Individual financial statements for Abbey Company and Bellstar Company for the year ending…
A: ---Consolidation Worksheet for the Year Ending December 31, 2024| Account…
Q: Accounting. A companys last year were $500
A: Approach to solving the question: Analyze the question. Detailed explanation:To solve this problem,…
Q: Accounting
A: The standard cost for 1,000 widgets would be: 1,000 widgets * $10/widget = $10,000The actual cost…
Q: #8 Pea Company purchased 70 percent of Split Company’s stock approximately 20 years ago. On…
A: c. Consolidation Entry to Eliminate Intercompany Building Transfer Determine the Gain on…
Q: Answer in step by step with explanation. Don't use Ai and chatgpt.
A: Step 1: Calculate Overhead Rates Assembly Department:Overhead rate = Overhead costs / Machine…
Q: ANSWER THE GIVEN BELOW AND COPY THE FORMAT IN THE GIVEN IMAGE. Joel Feliciano has started his own…
A: Each transaction affects at least two accounts. For example, the first transaction involves the Cash…
Q: Accounting cash flow?
A: Step 1:- Define Discounted Cash FlowThe discounted cash flow (DCF) is a valuation approach that…
Q: None
A: Step 1: Introduction to costCost refers to the money spent by a business either to purchase a…
Q: Financial Accounting
A: Step 1: Define Net IncomeNet income represents the remaining earnings after adjusting a company's…
Q: General Accounting Question Solve Please
A: A) Calculate the Return on Equity (ROE)• Step 1: Identify ROE formula• Step 2: Rearrange formula to…
Q: Not use ai please don't
A: The formula for Degree of Operating Leverage (DOL) is:DOL=Q(S−V)/Q(S−V)−FWhere:Q is the base level…
Q: Accounting calculate a. b. c.
A: Question A):• Step 1: Use the formula: CCC = DII + DSO − DPO• Step 2: Add DII and DSO• Step 3:…
Q: LO.6 Baez, a cash basis, calendar year taxpayer, filed his Federal income tax return 48 days after…
A: I will calculate the penalty for failure to file and the penalty for failure to pay. Then, I will…
Q: Question 5:In your audit of Garcia Company, you find that a physical inventory on December 31, 2022,…
A: Definition: Held on ConsignmentHeld on consignment refers to goods that are owned by one party (the…
Q: Don't use AI.
A: Required 1Age GroupComputationEstimated Amount UncollectibleNot yet due55,000 x 3%1,6500-60 days…
Q: Please give Answer Fast with Definition of the Required
A:
Q: Solve this question not use ai
A: Step 1:To calculate the unit contribution margin, we need to divide the total contribution margin by…
What is this accounting question roe?
Step by step
Solved in 2 steps
- Draiman Company has a debt-equity ratio of 0.75. Return on assets is 10.4 percent, and total equity is $900,000. What is the equity multiplier? Return on equity? Netincome?General Electric has a ROA of 11%, a 3.5% profit margin, and a ROE of 14.5%. What is its totalassets turnover? What is its equity multiplier?Face Mask Company has a Total Sales of P100,000,000. Its total assets is 50,000,000 and a profit margin of 2%. What is the ROE if the equity multiplier is 2.0?
- If Rooters, Inc., has an equity multiplier of 1.90, total asset turnover of 1.20, and a profit margin of 8 percent, what is its ROE?Draiman Company has a debt-equity ratio of 0.75. Return on assets is 10.4 percent, and total equity is $900,000. What is the equity multiplier? Return on equity? Net Income?What is its roe?
- Gardial & Son has an ROA of 12%, a 5% profit margin, and a return onequity equal to 20%. What is the company’s total assets turnover? What isthe firm’s equity multiplier?If Roten Rooters, Inc., has an equity multiplier of 1.27, total asset turnover of 1.20, and a profit margin of 3.5 percent, what is its ROE?Solve this Problem