Return on Assets (ROA) Calculation . Average Receivables: $180,000 Receivables represent 50 days of sales Average Assets: $900,000 Profit Margin: 8%
Q: Solve this financial accounting problem
A: Explanation of Profit Margin:Profit margin is a financial metric that shows the percentage of…
Q: ABF's metal spare parts manufacturing company uses the customised production method by attributing…
A: The coefficient of attribution is calculated by dividing the General Bureau Expenses (G.B.E.) by the…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Double-Declining Balance (DDB) MethodThe Double-Declining Balance Method is an…
Q: Metlock Express reports the following costs and expenses in June 2022 for its delivery service.…
A: To determine the total amount of delivery service (product) costs and period costs, classify each…
Q: ??
A: To calculate the Price-to-Earnings (P/E) ratio, we use the formula: P/E=Market Price per…
Q: need help this accounting question
A: Step 1: Definition of Degree of Operating Leverage (DOL)Degree of Operating Leverage (DOL) measures…
Q: 5 PTS
A: Explanation of High-Low Method: The high-low method is a cost estimation technique used to separate…
Q: Suppose Loc Motors, Inc. has 720 million shares outstanding with a share price of $65.20, and $30.85…
A: Let's solve this step by step. Step 1: Calculate the Current Equity Value Equity value is given by:…
Q: What is the company's return on investment?
A: Return on Investment (ROI) = Net Income/Average Total Assets Return on Investment (ROI) =…
Q: provide step by step solution for general accounting
A: Step 1: Definition of Cash Paid for WagesCash paid for wages refers to the actual cash outflow a…
Q: ??!!
A: Explanation of Variable Cost Per Dog :Variable cost per dog represents the incremental water expense…
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Operating IncomeOperating Income is the profit a company earns from its core…
Q: Annual variable cost:32000, Annual fixed cost:19000
A: Step 1: Definition of Gain or Loss on ReplacementGain or Loss on Replacement is the difference…
Q: please solve this problem accounting question
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: What is the correct option ? General accounting question
A: Step 1: Define Gross ProfitGross Profit is calculated as the difference between Net Sales and Cost…
Q: Pablo Foods Ltd. acquires all the outstanding stock of Northern Harvest Inc. for $15 million. The…
A: Explanation of Goodwill: Goodwill represents the premium paid by an acquiring company over the fair…
Q: A company reports that unit costs are: . Materials: $3.50 per unit Conversion costs: $6.00 per unit…
A: Calculation of Ending Work-in-process Material CostEnding Work-in-process Material Cost = Percentage…
Q: Given the solution and accounting
A: Step 1: Definition of Units of Production (UOP) DepreciationUnits of Production (UOP) Depreciation…
Q: Not use ai solution palease and accounting question
A: Step 1: Definition of Overhead Applied in Cost of Goods Sold (COGS)Overhead applied refers to the…
Q: What is the ending balance in stockholders's equity
A: Concept of Net IncomeNet income is the profit a company earns after deducting all expenses,…
Q: Please provide answer the following requirements on these financial accounting question not use ai
A: Step 1: Define Equity MultiplierThe Equity Multiplier is a financial leverage ratio that measures…
Q: Solve this financial accounting problem
A: Explanation of P/E Ratio (Price-to-Earnings Ratio):The P/E ratio is a widely used valuation metric…
Q: Accounting problem
A: To estimate the Free Cash Flow (FCF) for Stratos Inc., we use the following formula: FCF=Net…
Q: General accounting question
A: Step 1: Definition of Break-Even PointThe break-even point is the number of units (in this case,…
Q: Lucy Company, Inc. had $812,000 in sales, sales discounts of $12,180, sales returns and allowances…
A: Step 1: DefinitionsConcept of Gross Profit:Gross profit is the amount a company earns from its core…
Q: Total costs were $82,500 when 30,000 units were produced and $102,000 when 40,000 units were…
A: Explanation of High-Low Method :The high-low method is a cost estimation technique that uses two…
Q: Please give me true answer this financial accounting question
A: Step 1: Define Applied OverheadApplied Overhead is the amount of manufacturing overhead costs…
Q: Solve this question accounting
A: Step 1: Definition of Weeks of SupplyWeeks of Supply measures how many weeks a company can continue…
Q: General Accounting Question
A: Step 1: Define Accounting EquationThe Accounting Equation is a fundamental principle in accounting…
Q: On January 1, 2023, Ferris Corp. acquires Hudson Co. for $2.1 million in cash. Hudson’s balance…
A: Explanation of Purchase Price (Acquisition Cost):The purchase price, also known as the acquisition…
Q: Financial Accounting Question
A: Step 1: Definition of Investment:An Investment is the allocation of money, assets, or resources with…
Q: Hello tutor solve this question accounting
A: Step 1: Definition of Liability for Premium RedemptionsLiability for Premium Redemptions is the…
Q: Subject general accounting
A: Step 1: Definition of Asset TurnoverAsset turnover is a financial ratio that measures how…
Q: Hii teacher please given answer general accounting question
A: To solve this problem, we use the Capital Asset Pricing Model (CAPM) formula: r=rf+β(rm−rf) where:r…
Q: General accounting question
A: Step 1: Define Straight-Line AmortizationThe straight-line amortization method spreads the discount…
Q: need help this question
A: Step 1: Definition of Work in Process (WIP) InventoryWork in Process Inventory represents the cost…
Q: need true answer General accounting question
A: Step 1: Define Absorption CostingAbsorption Costing is a costing method where all manufacturing…
Q: General accounting
A: Determine the Contribution Margin per UnitThe contribution margin per unit is calculated…
Q: Solaris Inc. is evaluating three projects: Alpha, Beta, and Gamma. • Alpha requires an investment of…
A: Step 1:The Profitability Index (PI) formula is calculated by dividing the present value of future…
Q: Need help with this question solution general accounting
A: Step 1: Definition of High-Low Method The High-Low Method is a technique used to separate fixed and…
Q: 4 POINTS
A: Explanation of Activity-Level Validations:Activity-level validations are controls or assessments…
Q: Answer this question
A: Explanation of Market Price per Share:Market price per share is the current price at which a…
Q: Omega Corp. has a standard wage rate of $13.00 per direct labor-hour (DLH), and each unit of output…
A: Step 1: Definition of Labor Efficiency Variance (LEV)Labor Efficiency Variance measures the…
Q: MCQ
A: Let's analyze the problem step by step. Phoenix Industries generates free cash flows of $75 million…
Q: provide correct answer
A: Step 1: Calculation of Contribution Margin ratioSales is the sum of contribution margin and variable…
Q: do fast answer of this General accounting question
A: Step 1: Define Effective Annual Yield (EAY)The Effective Annual Yield (EAY) is the actual annual…
Q: Lucas purchased a stock for $55.32 per share and sold it one year later for $57.01 per share. He…
A: Capital Gains Yield Calculation We need to determine Lucas' Capital Gains Yield, which measures the…
Q: Daud Company has an overhead application rate of 172% and allocates overhead based on direct…
A: Step 1: DefinitionsConcept of Overhead Application Rate:The overhead application rate is a…
Q: General accounting question
A: Step 1: Definition of Straight-Line DepreciationStraight-Line Depreciation is a method of allocating…
Q: No chatgpt solution
A: Utilization=Actual Output/Design Capacity×100Actual Output = 5 boilers per dayDesign Capacity = 8…
General accounting question
Step by step
Solved in 2 steps
- I want to correct answer accounting questionsI need help with accounting questionCalculate the sale-to-cash conversion period based on the following information: average inventories = $120,000; average receivables = $90,000; average payables = $40,000; cost of goods sold = $182,500; and net sales = $365,000. 180 days 90 days 60 days 45 days
- Given the following items , compute the required ones. REQUIRED COST OF SALES GIVEN Asset Turnover : Gross Margin: 1,2 0,3 NET SALES TOTAL SALES CURRENT ASSETS Fin.Goods InventoryTurnover Av. Finished Goods Inventory 120.000 Working.Capital Cycle Trade Receivables Turnover CURRENT RATIO 200 days 4 AV.TRADE RECEIVABLES TOTAL DEBT Long Term Debt Total Debt / Equity 250.000 TOT.DEBT/ TOTAL SOURCESGiven the following information, compute accounts receivable turnover: Gross sales $150,000 Accounts receivable, beginning of year $18,000 Sales 135,000 Accounts receivable, end of year 22,000 Group of answer choices 6.75 7.50 6.13 6.82need this subjects solutions
- financial accountA return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.NOTE: answer only the last number 8.
- A return on assets of 5.15% means that a company is earning: a.a $5.15 return on every $100 invested in long-term assets. b.a $5.15 return on every $100 of total assets. c.a $5.15 return on every $100 of assets minus liabilities. d.a $5.15 return on every $100 of current assets.Cost of goods sold = 100,000 Merch at Beginning = 50,000Merch at End = 45,000 Acct Payable Beginning = 30,000Acct Payable End = 40,000 What is Cash paid for merch this year?Solve for (A) current ratio, (B) acid test, (C) average day's collection (360), (D) asset turnover, and (E) profit margin on sales. (Round to nearest hundredth or hundredth percent as needed.) Current Assets Accounts Receivable Current Liabilities Inventory Net Sales Total Assets Net Income $ 26,000 $ 4,100 $ 16,500 $4,100 $ 52,000 $ 38,000 $ 8,000
