Ramsey had income of $215 million and average invested assets of $2,150 million. What is Ramsey's return on assets?
Q: expert of account answer
A: Step 1: Definition of Net IncomeNet income is the company's total profit after deducting all…
Q: What is the depreciation expense for year 1 and year 2 ?
A: Step 1: Definition of Units-of-Activity DepreciationThe units-of-activity depreciation method is a…
Q: not use ai please djdjdjjririrjfjfmfnfjrjjd
A: Step 1: On December 31, Year 1 Adjusting entry should be recorded for the accrued interest. Notes…
Q: If the company's volume doubles, the cost per unit will
A: Concept of Fixed CostsFixed costs are business expenses that remain constant regardless of the…
Q: What the average collection period?
A: Explanation of Average Collection Period:The average collection period refers to the average number…
Q: What is the sustainable growth rate ?
A: Step 1: Use the Sustainable Growth Rate (SGR) FormulaThe sustainable growth rate (SGR) is calculated…
Q: expert of general account answer
A: Product cost per unit under variable costing is the sum of all variable production costs, including…
Q: None
A: Step 1: Definition of Cost PriceThe cost price refers to the actual amount paid by a seller to…
Q: What is the payback period of this financial accounting question?
A: The payback period is the amount of time it takes for an investment to recover its initial cost…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Applied Manufacturing OverheadApplied manufacturing overhead is the estimated…
Q: Need correct answer financial accounting question
A: Step 1: Define Return on Assets (ROA) and Return on Equity (ROE)Return on Assets (ROA): ROA measures…
Q: I not use ai solution please solve this question general Accounting
A: Step 1: Define Net IncomeNet Income is the total earnings of a company after deducting all expenses,…
Q: How many weeks of supply does summit logistics Inc. Hold ?
A: To calculate weeks of supply, use the formula: Weeks of Supply=Cost of Goods Sold…
Q: Financial Accounting Question
A: Step 1: Define Dividend YieldDividend Yield is the percentage return an investor earns from…
Q: What are the estimated direct labor costs?
A: Explanation of High-Low Method: The high-low method is a cost estimation technique that uses the…
Q: Provide answer this financial accounting question not use chatgpt
A: Step 1: Definition of Equity in Net Income (Complete Equity Method)The equity method is used by a…
Q: The choice of reworking the unit would be
A: Explanation of Incremental Net Income (Loss):Incremental net income (loss) refers to the additional…
Q: Calculate Roi solution general accounting question
A: Return of investment (ROI) = (Income / Invested assets) x 100%Return of investment (ROI) = (75,000 /…
Q: a.Prepare the lease schedule for the Kaizen Limitedb. Prepare Kaizen’s journal entries for 2016…
A: Given Information:Lease Term: 5 yearsEconomic Life: 6 yearsAnnual Rental Payment: $160,000 (includes…
Q: Please give me correct answer this financial accounting question
A: Step 1: Definition of Basis PointsA basis point (bps) is equal to 1/100th of a percentage point…
Q: What is the value of the current liabilities?
A: Explanation of Net Working Capital (NWC):Net Working Capital (NWC) is the difference between a…
Q: At what amounts should each of the three assists be recorded?
A: Concept of Land: Land is a tangible, long-term asset that represents the physical ground owned by a…
Q: What was the variable overhead
A: Concept of Variable Overhead CostsVariable overhead costs are indirect manufacturing expenses that…
Q: Need step by step answer
A: Explanation of Sales Volume:Sales volume refers to the number of units a company sells within a…
Q: PLEASEEEE HELP!!!!!!
A: Recap of the situation:Mary Tokar was issued 11,300 shares of restricted stock on January 1,…
Q: Which division is superior of this financial accounting question?
A: Step 1: Definition of Profit Margin (Return on Sales)Profit Margin (Return on Sales) is a financial…
Q: On July 1, the accounts receivable account balance was $77,500. During July, $335,000 was collected…
A: Explanation of Accounts Receivable: Accounts receivable represents the money owed to a company by…
Q: MCQ
A: Step 1:First calculate the cost per unit at each activity level: Activity level of 1,000 units: Cost…
Q: General Accounting
A: Step 1: Define Net Operating Income (NOI)Net Operating Income (NOI) is a company's profit from its…
Q: Waiting for your solution general Accounting question
A: Step 1: Define Goodwill ImpairmentGoodwill impairment occurs when the carrying amount of goodwill…
Q: Zanzibar Limited entered into a lease agreement on July 1 2016 to lease some highly customized…
A:
Q: Sparrow Company had a $220,000 beginning balance in Accounts Receivable. During the year, credit…
A: Explanation of Accounts Receivable: Accounts receivable represents money owed to a company by…
Q: none
A: Step 1: Definition of Cost-Volume-Profit (CVP) AnalysisCost-Volume-Profit (CVP) analysis helps…
Q: provide correct answer
A: Step 1: Definition of Net IncomeNet income is the final amount earned by a company after deducting…
Q: Compute the net income
A: Explanation of Net Sales: Net sales represents the total revenue from sales after deducting sales…
Q: Solve the problem
A: Step 1: Materials price variance Materials price variance = Actual material cost - (Standard price x…
Q: What is the company's plant wide overhead rate of this financial accounting question?
A: Step 1: Define Plant wide Overhead RateThe Plant wide Overhead Rate is a single overhead rate used…
Q: General Accounting
A: Step 1: Define Overhead RateThe Overhead Rate is a cost allocation metric used to assign indirect…
Q: General accounting question
A: Step 1: Direct materials Oak boards are considered direct materials because they are a primary…
Q: help me to solve this answer
A: Step 1: Definition of Notes ReceivableNotes Receivable is a written promissory note accepted by the…
Q: I need some help preparing a working paper to consolidate the balance sheets of Paxon and Saxon at…
A:
Q: Financial Accounting Question
A: Step 1: Definition of Payback PeriodThe payback period is the time required for an investment to…
Q: Lansford Manufacturing computes its predetermined overhead rate annually on the basis of direct…
A: Explanation of Manufacturing Overhead:Manufacturing overhead refers to all indirect costs incurred…
Q: Hello teacher give you correct solution
A: Step 1: Definition of Allowance for Doubtful AccountsThe Allowance for Doubtful Accounts is a…
Q: Need help with this financial accounting question
A: Step 1: Definition of Effective Annual Rate (EAR)The Effective Annual Rate (EAR) is the actual…
Q: Provide answer please
A: Step 1: Definition of Allocating Advertising Expenses Based on Sales ProportionAllocating…
Q: Provide accurate Answer
A: Change in long term debt = Long term debt in 2021-Long term debt 2020Change in long term debt = 5.1…
Q: I want to this question answer general Accounting
A: Step 1: Define Gross Profit & Related TermsNet Sales = Total revenue after deducting sales…
Q: Don't want AI answer
A: Step 1: Points Highest point = March - $4,500,000 at 50,000 unitsLowest point = January - $2,500,000…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Double-Declining Balance (DDB) DepreciationThe Double-Declining Balance (DDB)…
Solve this General accounting problem


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's the rate of return you would earn if you paid $2,880 for a perpetuity that pays $65 per year? X-1 Corp's total assets at the end of last year were $425,000 and its EBIT was $52,500. What was its basic earning power (BEP) 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?
- Using the simple equation on an Income Statement, what is your Net income if your Revenue was $929,000; and your Mortgage payment was $260,000; and your Utilities were $45,000; and your Employee expense w,as $352,000 [Show your math equation]Rosita's Resources paid $11,310 in interest and $16,500 in dividends last year. The times interest earned ratio is 2.9, the depressiation expense is $7,900, and the tax rate 21%. Whate is the value of cash coverage ratio?What is the basic earning power?
- 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?Need help of Accounting ExpertRollins Corp's total assets at the end of last year were $300,000 and its EBIT was $75,000. What was its basic earning power (BEP)?
- Fill in the blank to answer the below. You invested $20,000 at the beginning of the year. At the end of the year, you received cash flows of $400 from the investment and you cashed out entirely, receiving $21,600. What is your return for the year? %What is Verma's net income for the year ??Thomson Trucking has $15 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 6.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. X