92 Question: 92The following information is for two companies Martin Industries and Modern Industrial.Revenue:Total Assets:Martin Industries Modern Industrial$85,000,000$40,000,000$525,000,000$375,000,000Total Liabilities:$300,000,000$250,000,000Net Profit Margin: 18%25%Operating Margin:30%20%Tax Rate:34%34%Shares outstanding: 10,000,000Calculate the ROE for each company using the 3-Part Dupont Analysis.10,000,000

DuPont Analysis is a framework of the ratio components of return on equity (ROE) to determine the…

Answered: Question: 92 The following information…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 3PA: Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net...

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a. 272,500 b. 275,000 c. 277,500 d. 280,000
Perena Corporation A. 272,500B. 280,000C. 275,000D. 277,500
X Company: Income Statements for the Years Ending December 31 ( Millions of Dollars, Except for Per Share Data) 1995 1996 Net Sales 4000 4250 Operating Costs except depreciation and amortization 3750 3900 Depreciation and amortization 100 90 Total operating costs 3850 3990 Operating income, or earnings before interest and taxes 150 260 Less interest 50 60 Earnings before taxes 100 200 Taxes (25%) 25 50 Net Income 75 150 Total Dividends 25 25 Additional to retained earning 50 125 Calculate Common Stock Price 25 25 Earnings Per Share ______________ ____________________ Dividend Per Share ______________ ____________________ Note: X company has 30 million shares of common stocks outstanding. Earnings Per Share is based on net income available to common stockholders Calculate Earnings Per Share and…
Chapter 14, Question 1
17 Rainee Corporation's revenue for the current year were as follows: Consolidated revenue per income statement P1,200,000 Intersegment sales 180,000 Intersegment transfers 60,000 Combined revenues of all operating segments P1,440,000 Rainee has a reportable segment if that operating segment's revenues is at least_
Question: Parent Co. invested $1,070,000 in Sub Co. for 25% of its outstanding stock. Sub Co. pays out 40% of net income in dividends each year. Use the information in the following T- account for the investment in Sub to answer the following questions. Investment in Sub Co. 1,070,000 130,000 52,000 (a) How much was Parent Co.'s share of Sub Co.'s net income for the year? (b) How much was Parent Co.'s share of Sub Co.'s dividends for the year? (c) What was Sub Co.'s total net income for the year? (d) What was Sub Co.'s total dividends for the year?
Current Assets P 1,375,000Property, plant and equipment 3,375,000Other non-current assets 500,000Total Assets P 5,250,000 Liabilities and Shareholders’ equity Total liabilities P 1,500,000Ordinary shares, P10 par value 4,000,000Additional paid in capital 750,000Deficit (1,000,000)Total liabilities and equity P 5,250,000The stockholders and creditors approved the quasi reorganization effective July 1,2011, to be accomplishedby a reduction in property, plant and equipment (net) P 875,000, a reduction in other non-current assets ofP375,000, and a reduction in par value from P10 to P51. Logan’s July 1 balan ce sheet after the quasi-reorganization should show total assets ofa. P 4,000,000b. P 2,500,000c. P 4,375,000d. P 3,875,0002. The balance in additional paid in capital after the quasi-reorganization on July 1 is:a. P 750,000b. P 2,000,000c. P 500,000d. P-0-3. Logan’s deficit after the quasi -reorganization on July 1,2011 should be:a. P 750,000b. P 250,000c.…
Calculate current ratio
X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $ 500,000 Retained earnings $ 300,000 the gross margin ratio is а. 3 x b. 20% С. 17% d. 34%
Gain on the sale of investments 250,000 Interest expense 300,000 Discontinued Wholesale Division Loss on operations of wholesale division 800,000 Gain on disposal of wholesale division $ 1,000,000 Dividends declared on common stock 500,000 Dividends declared on preferred stock 200,000 Effective tax rate on all items is 30% Additional Information: Common Shares Outstanding Shares Beginning of the year End of the year Preferred Shares Outstanding 15,000 35,000 Beginning of the year End of the year 1,100 1,100 Note: The above dollar amounts are pre-tax. Required: Using the relevant information above, prepare the Discontinued Operations section of the Income Statement. In addition, calculate the impact that the Discontinued Operations will have on Earnings Per Share (EPS).

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