Ramsey had income of $215 million and average invested assets of $2,150 million. What is Ramsey's return on assets?
Q: Help me tutor
A: Provided Data:Units Produced = 600 unitsUnits Sold = 580 unitsSales Price per Unit = $140Direct…
Q: How many units were completed during the month?
A: Explanation of Work in Process (WIP):Work in Process (WIP) refers to the units that are still being…
Q: The lower of cost or market rule
A: Explanation of FIFO (First-In, First-Out) Method:The FIFO (First-In, First-Out) method is an…
Q: Correct Answer
A: To determine the total budgeted fixed manufacturing overhead cost, we use the fixed overhead volume…
Q: Please provide answer financial accounting question
A: Step 1: Define Operating Cash Flow (OCF)Operating Cash Flow (OCF) represents the cash generated by a…
Q: 4 PTS
A: Explanation of Overhead Allocation: Overhead allocation is the process of assigning indirect costs,…
Q: Help
A: Explanation of Gross Profit Percentage:Gross Profit Percentage is a financial ratio that measures…
Q: Don't Use Ai
A: Concept of Manufacturing CostsManufacturing costs refer to the total expenses incurred in producing…
Q: The amount allocated to ending inventory
A: Step 1: Introduction to inventory valuationInventory valuation is referred to as that method which…
Q: Provide correct answer this financial accounting question
A: Step 1: Define Variable Cost per UnitThe variable cost per unit refers to the sum of all costs that…
Q: none
A: Dividend per share = Total dividend/Total number of shares Dividend per share = 120,000/40,000…
Q: What is the Correct option ? General accounting question
A: Step 1: Define Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the total cost incurred…
Q: i want to question solely san
A: Step 1: Definition of Capital GainCapital gain is the profit earned when an asset, such as real…
Q: Please provide answer general accounting question
A: Step 1: Define Accounts Receivable CollectionAccounts receivable collection refers to the process of…
Q: 5 PTS
A: Explanation of Gross Sales: Gross sales represents the total amount of all sales transactions…
Q: Solution
A: Question 1: Integrated Control FrameworksThe question asks what distinguishes integrated control…
Q: i need correct answer
A: Purchase Price per Share = $26Selling Price per Share = $29Dividend per Share = $1.25Number of…
Q: What is the total investment amount required for the project on this financial accounting question?
A: Step 1: Define Total Investment AmountThe Total Investment Amount includes all costs required to…
Q: The amount of the net sales?
A: Calculation of Amount of Net SalesAmount of Net Sales = Sales - Sales Discounts - Sales Returns…
Q: What was the net income? General accounting question
A: Step 1: Define Net Income Net income represents a company's total earnings after accounting for all…
Q: The Cavy Company estimates that the factory overhead for the following year will be $1,620,000. The…
A: Explanation of Predetermined Overhead Rate:Predetermined Overhead Rate (POHR) is the estimated rate…
Q: Need Ans financial accounting question
A: Step 1: Define Variance AnalysisVariance analysis is a key financial tool that compares actual costs…
Q: Don't use ai solution given correct answer general accounting question
A: Step 1: Define Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) measures a…
Q: please get correct answer
A: Step 1: Definition of LiabilitiesTotal Liabilities represent the total amount a company owes to…
Q: Please solve this question general accounting
A: Step 1: Define Average Days' Sales in Accounts ReceivableThe Average Number of Days' Sales in…
Q: What are total assets
A: Explanation of Total Assets:Total assets refer to all resources owned by a company that have…
Q: Question 56
A: 1st question: Answer:(a) Interrelated factors demand comprehensive…
Q: Please provide correct answer financial accounting question
A: Step 1: Define Financial RatiosBook Value per Share (BVPS) represents the per-share value of a…
Q: help me this general accounting question
A: Step 1: Define Applied Manufacturing Overhead and VarianceApplied Manufacturing Overhead is the…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Direct Labor Efficiency VarianceDirect labor efficiency variance measures the…
Q: Give me solution
A: Concept of Manufacturing OverheadManufacturing overhead includes all indirect costs incurred during…
Q: answer ??
A: Total Sales = $32,600,000Profit Margin = 7.5% = 0.075 Net Income = Total Sales × Profit MarginNet…
Q: Determine the amount of the ending inventory
A: Explanation of Lower-of-Cost-or-Market Basis: The lower-of-cost-or-market basis is a conservative…
Q: financial accounting
A: Step 1: Definition of Capital GainCapital gain refers to the increase in the value of an investment,…
Q: I want Answer
A: Given:Selling Price = $8,900Commission (Selling Expense) = $320Amount Realized = Selling Price -…
Q: need this account subjects solutions
A: Assets=Equity+LiabilitiesHere, Equity = Net Worth, thus the formula is rewritten as Assets=Net…
Q: Clorox Company is a leading producer of laundry additives, including Clorox liquid bleach. In the 6…
A: Step 1: Definition of the Indirect MethodThe indirect method starts with net earnings and adjusts…
Q: do fast answer of this question solve this
A: Step 1: Definition of Debtors (Accounts Receivable)Debtors, also known as accounts receivable,…
Q: kindly help me with isolysin
A: Step 1: Analysis of information givenNet sales = $5 millionMarkup is based on costs of goods sold =…
Q: General accounting
A: Step 1: Definition of Operating Leverage and Operating Income IncreaseOperating Leverage measures…
Q: A business purchases depreciable equipment for 191 and sells it a few years later for 166. At the…
A: Explanation of Book Value: Book value is the net carrying value of an asset as shown on a company's…
Q: Please need answer the financial accounting question
A: Step 1: Define Net Cash Flow from Financing ActivitiesNet cash flow from financing activities…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Shareholders' EquityShareholders' equity represents the residual interest in…
Q: Assume Orlando Tech Inc. made sales of $1,120 million during 2022. The cost of goods sold (COGS) for…
A: Explanation of Gross Profit Percentage:Gross Profit Percentage is a financial ratio that indicates…
Q: Calculate the cash conversion cycle for this financial accounting question
A: Step 1: Definition of Cash Conversion Cycle (CCC)The Cash Conversion Cycle (CCC) is a financial…
Q: Ans ? Financial accounting question
A: Step 1: Define Overhead RateThe Overhead Rate is a percentage that represents how much manufacturing…
Q: Please provide answer
A: Explanation of Net Income:Net Income is the total profit a business earns after subtracting all…
Q: please solve this problem account questions
A: Step 1: Definition of Manufacturing Overhead AllocationManufacturing overhead allocation is the…
Q: Quick answer of this general accounting questions
A: Step 1: Define Accounting Rate of Return (ARR)The Accounting Rate of Return (ARR) is a financial…
Q: Can you help me with accounting questions
A: Step 1: Definition of Adjusting Entry for SuppliesThe adjusting entry for supplies is needed to…
Answer this financial accounting question fast
Step by step
Solved in 2 steps
- Dave's Lumber earned $120 million last year and retained $72 million. A. What is his payout ratio?What is the rate of return on an investment that costs $5,000, earned a $600 dividend during the year, and is sold after 1 year for $4,400?If the level of capital is $150 billion, depreciation is 3%, and gross investment is $50 billion. What is Net Investment? What will happen to the capital stock in the economy?
- Thompson Trucking has $9 billion in assets, and its tax rate25%. Its basic earning power (BEP) ratio is 20%, and its returnon assets (ROA) is 5.25%. Whatis its time interest earned (TIF)ratio? Round you answer to twodecimal places.Please help me. Thankyou.You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firm's free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $70 million, had a tax rate of 21 percent, and its depreciation expense was $7 million. Fields and Struthers's NOPAT gross fixed assets increased by $36 million from 2020 and 2021. The firm's current assets increased by $32 million and spontaneous current liabilities increased by $18 million. Calculate Fields and Struthers's NOPAT operating cash flow for 2021. Calculate Fields and Struthers's NOPAT investment in operating capital for 2021. Calculate Fields and Struthers's NOPAT free cash flow for 2021.
- 4. Twenty-five years ago, Jamie Lannister invested $10,000. Today that investment is worth $211,836. What annual rate of return did Lannister earn on his investment?Hernandez Corporation expects to have the following data during the coming year. What is Hernandez's expected ROE? (Show your work) Assets = $200,000 D/A = 65% EBIT = $25,000 Interest rate = 8% Tax rate = 40%You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firm's free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $88 million, had a tax rate of 21 percent, and its depreciation expense was $12 million. Fields and Struthers's NOPAT gross fixed assets increased by $54 million from 2020 and 2021. The firm's current assets increased by $42 million and spontaneous current liabilities increased by $34 million. Calculate Fields and Struthers's NOPAT operating cash flow for 2021. (Enter your answer in millions of dollars rounded to 2 decimal places.) Operating cash flow Calculate Fields and Struthers's NOPAT investment in operating capital for 2021. (Enter your answer in millions of dollars.) Investment in operating capital million Free cash flow Calculate Fields and Struthers's NOPAT free cash flow for 2021. (Enter your answer in millions of dollars rounded to 2 decimal places.) million million
- You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firm’s free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $84 million, had a tax rate of 21 percent, and its depreciation expense was $10 million. Fields and Struthers's NOPAT gross fixed assets increased by $50 million from 2020 and 2021. The firm’s current assets increased by $38 million and spontaneous current liabilities increased by $25 million. Calculate Fields and Struthers’s NOPAT operating cash flow for 2021. (Enter your answer in millions of dollars rounded to 2 decimal places.) Calculate Fields and Struthers’s NOPAT investment in operating capital for 2021. (Enter your answer in millions of dollars.) Calculate Fields and Struthers’s NOPAT free cash flow for 2021. (Enter your answer in millions of dollars rounded to 2 decimal places.)You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firm's free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $64 million, had a tax rate of 21 percent, and its depreciation expense was $5 million. Fields and Struthers's NOPAT gross fixed assets increased by $30 million from 2020 and 2021. The firm's current assets increased by $26 million and spontaneous current liabilities increased by $15 million. Calculate Fields and Struthers's NOPAT operating cash flow for 2021. (Enter your answer in millions of dollars rounded to 2 decimal places.) Operating cash flow Calculate Fields and Struthers's NOPAT investment in operating capital for 2021. (Enter your answer in millions of dollars.) Investment in operating capital million Free cash flow Check my work million million Calculate Fields and Struthers's NOPAT free cash flow for 2021. (Enter your answer in millions of dollars rounded to 2 decimal places.)Calculate the percentage of total return for $6800