Oasis Solutions has a debt-equity ratio of 0.85. The return on assets is 6.45 percent, and total equity is $1,200,000. What is the return on equity?
Q: Julia earned P300,000 in rendering services. His total expenses are 30%. His net income is? a.…
A: Explanation of Revenue:Revenue refers to the total income earned by a business from its core…
Q: What is the holding period return on these financial accounting question?
A: To calculate the holding period return (HPR) of the bond, we use the formula: HPR=Beginning…
Q: Please expert provide answer
A: The question requires the computation of the target cost of a product. Target cost is a pricing…
Q: A company has a significant amount of inventory that has become obsolete. Discuss the accounting…
A: Definitions Related to the Question:1. Obsolete Inventory: Obsolete inventory refers to items that…
Q: Provide correct answer financial accounting question
A: Step 1: Long term GainIf you are holding a capital asset and its price has been increased then you…
Q: Help
A: Concept of Relevant CostsRelevant costs are costs that will be incurred in the future and differ…
Q: How would the net income be most likely to affect the accounting equation? A) Increase assets and…
A: The correct answer is:A) Increase assets and increase stockholders' equity Explanation:Net income…
Q: expert of general account help to solve
A: Step 1: Determine the budgeted PPS usage per unit of Flex 10From the table:Budgeted units of Flex 10…
Q: Given the following information for the year ended 12/31/X3: Sales Revenues Selling and…
A: To calculate the gross margin, we use the formula: Gross Margin = Sales Revenues - Sales Discounts -…
Q: Solve this general accounting problem
A: Step 1:A bond is the financial instrument that is used to raise funds for business operations. When…
Q: The Pixel Company reported total manufacturing costs of $186,000; manufacturing overhead totaling…
A: Explanation of Total Manufacturing Costs:Total manufacturing costs represent the total expenses…
Q: Find out
A: EOQ is the concept of inventory management that determines the quantity of stock that a company…
Q: Ans
A: Step 1: Definition of Cost ClassificationsProduct Costs: Costs that are directly related to the…
Q: General Accounting question
A: Step 1: Define Inventory for a FirmIn the context of accounting, the inventory of a firm can be…
Q: Not use ai solution provid correct answer general Accounting question
A: Calculation of Gross LossGross Loss on Cost is 1/8 which means Gross loss is 1/8th of the Cost of…
Q: Gordon Company was recently formed with a $7,000 investment in the company by shareholders. The…
A: Explanation of Assets:Assets are resources owned by a business that have economic value and are…
Q: Provide correct answer general accounting
A: Step 1:Under activity-based costing, the activity rate is calculated by dividing the total activity…
Q: Calculate the prepaid insurance amount
A: Explanation of Annual Insurance Premium:The annual insurance premium is the total amount a company…
Q: How much was the equity of Anglo American PLC worth ?
A: The equity of Anglo American PLC step by step.Given.Non-current Assets (NCA) $34.042…
Q: Step Amount Category Inventory 1. Beginning Balance, January 1 28,000 Beginning Balance…
A: The variable factory overhead costs for the year are not explicitly given in the data. However, it…
Q: Harms Shoe Company applies manufacturing overhead based on the number of units as the cost driver.…
A: Step 1: Calculate total direct labor costStep 2: Add direct materials costStep 3: Add manufacturing…
Q: Fixed production overhead is closest?
A: Step 1: Definition of Overhead CostOverhead cost refers to indirect expenses incurred during the…
Q: Please solve this question general accounting
A: To calculate the depreciation expense per mile under the units-of-activity method, use the following…
Q: The owner's equity in a business amounted to $76,000 at the beginning of the year and $135,000 at…
A: Step 1: Formula Equity ending balance = Equity beginning balance + Net income - WithdrawalsNet…
Q: Gudy Inc
A: Step 1: Unit contribution margin Unit contribution margin = Original contribution margin/Original…
Q: give me answer accounting question
A: Step 1: Definition of Accounts Receivable Turnover and Average Collection PeriodAccounts Receivable…
Q: Problem related to Accounting
A: To calculate the break-even point in units, we use the formula: Break-even point (units) = Fixed…
Q: Cinturon Corporation produces high-quality leather belts. The company's plant in Boise uses a…
A: Step 1:DefinitionsDirect Labor Rate Variance (DLRV):Measures the difference between the actual labor…
Q: Given correct answer general Accounting question
A: Step 1: Define Owner's Equity and Net IncomeOwner's Equity: It represents the owner's claim on the…
Q: Question: 5.4
A: Explanation of Market Value :Market value represents the estimated amount for which an asset would…
Q: provide cost account ans asap
A: Total Direct Materials Cost VarianceThe total direct materials cost variance is the difference…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Net IncomeNet income is the profit earned by a business over a period after…
Q: Give me answer of this accounting question
A: Step 1:Under Variable Costing, product costs include only variable manufacturing costs, including…
Q: Expert please provide answer
A: Explanation of Assets:Assets are resources owned by a business that have economic value and are…
Q: A company s manufacturing overhead includes $7.10 per machine hour
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a method used by…
Q: End of year information for the austin company is as follows solve this question general Accounting
A: Step 1: Define Cost of Goods ManufacturedThe total cost of goods manufactured can be calculated by…
Q: Quick answer of this accounting questions
A: To calculate the Return on Assets (ROA) and Return on Equity (ROE) ratios, use the following…
Q: Give true answer this financial accounting
A: To compute the net income for the year, we use the following formula: Net Income = Increase in…
Q: Kindly help me with accounting questions
A: Step 1: Calculation of increase in accounts receivablesAccounts receivables for prior year =…
Q: You believe the expected return on ABC is 14.70%, and that the variance of ABC's returns is 0.3600.…
A: The coefficient of variation (CV) is calculated as: Coefficient of Variation (CV)=Expected…
Q: Please provide answer
A: To find the coefficient of variation, we need to divide the standard deviation by the expected…
Q: None
A: Assumptions:The yearly net cash inflow of $40,000 is assumed to occur at the end of each year.The…
Q: What was her capital gains yield??
A: Step 1: Given Value for Calculation Purchase Price = p = $42.67Selling Price = s = 43.89 Step 2:…
Q: 1. Beginning Balance, January 1 28,000 Beginning Balance Raw Materials 2. (+) Purchases…
A: To calculate the variable factory overhead costs, we need to subtract the fixed overhead from the…
Q: Get solve this general accounting problem and give correct answer
A: To solve this, we need to use both the quick ratio and the current ratio formulas. Current Ratio…
Q: Give the answer please general accounting
A: To solve this problem, let's calculate the current ratio for both scenarios. The current ratio is…
Q: I want to correct answer general accounting question
A: Step 1: Calculation of Average Accounts ReceivablesNet Accounts Receivables for 2021 = $562,500Net…
Q: A fixed asset with a cost of $30,000 and accumulated depreciation of $28,000 is sold for $3,500.…
A: To determine the gain or loss on disposal, we need to calculate the asset's book value at the time…
Q: Lionaire, Inc. has developed the following standard cost data based on 60,000 direct labor hours,…
A: Step 1: Key FormulasDirect Materials VariancesPrice Variance: Materials Price Variance=(Actual Price…
Q: A fixed asset with a cost of $38, 400
A: Explanation: Gain (loss) on disposal of fixed asset can be calculated using the following…
What is the return on equity on these general accounting question?
Step by step
Solved in 2 steps
- Bowsman Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 7.9%, and total equity is $480,000. What is the equity multiplier? Net income? Return on equity?Quinn company has a debt...financial questionKodi Company has a debt-equity ratio of 1.33. Return on assets is 7.58 percent, and total equity is $665,000. a. What is the equity multiplier? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the return on equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. c. What is the net income? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Equity multiplier b. Return on equity c. Net income times %
- Pickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net Income?I need answerSunset Industries has a debt-to-equity ratio of 1.25, a ROA (Return on Assets) of 7.5%, and total equity of $800,000. What are the company's equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, debt ratio to 3 decimal places, and ROE to 1 decimal place.)