Rippard's has a debt ratio of 20%, a total asset turnover ratio of 2.7 and a return on equity (ROE) of 51%. Compute Rippard's net profit margin. (Record answer as a percent rounded to one decimal place.)
Q: Accounting supervalu one of the largest grocery retailers in the United states.is
A: Step 1:- Define Return on EquityThe financial ratio of return on equity compares the net income of…
Q: One of anfa company's activity cost pools is inspecting, with an estimated overhead (OH) of…
A: Step 1: Define Manufacturing OverheadConversion cost can be defined as the sum of manufacturing…
Q: Need Help with General Accounting Question solve this Question need
A: Step 1: Introduction to the Cash Flows: The cash flows of a firm can be categorized into cash flows…
Q: Provide correct answer
A: Step 1: Define Bad DebtsBad debts are those debtors who don't pay the firm's debts. It is a loss for…
Q: Accounting. Total fixed costs are..
A: Step 1:- Define High-Low MethodUnder the high-low method, the total cost is bifurcated into variable…
Q: lk
A: 1. Budgeted Cash ReceiptsSales Forecast:- March: 335 frames- April: 370 frames- May: 420 frames-…
Q: Question Accounting
A: a. Market Value - this is the current value of an asset if it is bought or sold. This is often used…
Q: General Accounting
A: Step 1: Define Net SalesThe value of net sales is determined by deducting the sales discount, sale…
Q: 10:42 p < MGMT2023 Individ... l 75% о Question 4: 7 marks 100% You have $1,000,000 to invest in a…
A: 5. Calculate the investment in Stock C: Investment in Stock C = wC×1,000,000=0.473×1,000,000=473,000…
Q: Profit Margin
A: Explanation of Sales:Sales represent the total revenue generated from selling goods or services…
Q: Provide correct answer the general accounting
A: Step 1: Define Cost-Volume-Profit (CVP) AnalysisThe cost-volume-profit (CVP) analysis is usually…
Q: I need help big time with this accounting problem! PLEASE
A: 1. Sales and Receivables Entered at Gross Selling PriceJune 3 (Date of Sale)Journal Entry to Record…
Q: Both Answer
A: a. Sales Margin Sales Margin = Operating Income / Sales 675,000 / 4,500,000 = 0.15Percentage: 0.15 *…
Q: Please need answer not use ai
A: Step 1: Define Bank ReconciliationBank reconciliation helps to ensure that the company's cash…
Q: General Accounting Question solution need with given option and provide it correctly
A: Step 1: Definition of Profit Margin :Profit margin is a financial metric that measures the…
Q: Please solve this accounting problem not use ai
A: Step 1: Define Return On AssetReturn on asset (ROA) is a profitability ratio to measure how much net…
Q: General Accounting
A: Step 1: Define The Cash Flow EquationThe cash flow equation is derived from the cash flow statement…
Q: Accounting where is the deductible?
A: Step 1:- Define Exempted IncomeIt refers to the income by which the tax is not charged. The…
Q: ha
A: Solution= amount of markup / cost= ($40 / $35.75) x 100= 1.1189 x 100= 111.89% or 112%when the cost…
Q: Which account is classified as a current asset? a) Buildings b) Prepaid Insurance c) Land d)…
A: Approach to solving the question: Analyze the question. Detailed explanation:Prepaid Insurance is…
Q: Racine Tire Company manufacturures tires for all terrain vehicles.
A: Approach to solving the question:Step 1: Contribution Margin for Each TireDetermine the contribution…
Q: Solve this general accounting question
A: Step 1: Define Objective of Capital BudgetingThe main objective of applying various capital…
Q: Could you help me fill in all the blank spaces in this Excel table?Please tell me the formula so I…
A: 1. Filling the "Filing Status" Column:Enter the filing status for each employee based on the…
Q: Presented below is information from Flint Computers Incorporated. July 1 Sold $12,700 of computers…
A: Transaction 1: Sale to Buffalo Company on July 1Flint sold computers worth $12,700 on terms 4/15,…
Q: Financial Accounting
A: Step 1: Define Return on equityThe return on equity is a method used to measure the profitability of…
Q: Accounting solve question
A: Step 1:- Define CostsIn recording costs in cost accounting, these are categorized, which could be…
Q: Which financial statement reports the profitability of a company for a specific period? a) Income…
A: Explanation of Income Statement: The income statement is a financial report that shows a company's…
Q: A manufactured product has the following information for June:
A: Step 1: Define Variance AnalysisIn management accounting, variance analysis is used to know the…
Q: Give true answer not use ai
A: Step 1: Define Cost-Volume-Profit (CVP) AnalysisThe cost-volume-profit (CVP) analysis is useful in…
Q: A product sells for $25 with variable costs of $15. What is the contribution margin per unit?
A: Explanation of Selling Price:The selling price is the amount a company charges customers for one…
Q: Solve this general accounting question
A: Step 1: Define Variances in Cost AccountingIn cost accounting, variance analysis is done for the…
Q: Which of the following is a current liability? a) Notes Payable (due in 2 years) b) Unearned Revenue…
A: Unearned revenues refer to cash payments received in advance for goods or services that will be…
Q: Financial Accounting Solutions provide Perfect method
A: Step 1: Introduction to the Manufacturing Overhead:In cost accounting, the manufacturing overhead…
Q: Give true answer this accounting question
A: Step 1: Introduction to the Profitability IndexThe profitability index of a project denotes the…
Q: nik
A: Given Information:Total material and processing cost = $55,000 per tonOne-fourth of the cost is…
Q: Accounting. Computer world inc. paid out $36.5 million in total
A: We are required to determine the net income of Computer World Inc. during the year. Net income is…
Q: Financial Accounting
A: Steps for each part:Part a. Calculate Total Budgeted Direct Labor Hours Fabrication Department1.…
Q: Campbell Soup Company reported pension expense of $91 million and contributed $80.0 million to the…
A: The question is asking us to prepare a journal entry for Campbell Soup Company's pension expense and…
Q: Accounting need help
A: Step 1:- Define Earnings Per ShareEarnings per share (EPS) is a fundamental financial metric that…
Q: Do fast answer and step by step calculation
A: To calculate the minimum value of the convertible bond, we need to evaluate it based on two…
Q: hrs
A: Under the straight-line method of depreciation, the annual depreciation expense is computed by using…
Q: ! Required information Problem 8-70 (LO 8-4) (Algo) [The following information applies to the…
A: Answer (c)Total amount of credit before AGI limitation = $4,000Explanation:$2,000 each for two…
Q: Give me answer please
A: Step 1:Identify the FormulaStep 2:Determine the Given ValuesStep 3:Calculate Net Cash Flow
Q: Accounting. The tiger company collected the following
A: Step 1: Identify the highest and lowest sales levelsStep 2: Identify the total costs associated with…
Q: Accounting. The following direct labour data pertain to the operations of last..
A: Step 1:- Define Labor Efficiency VarianceThe technique that facilitates the utilization of worker…
Q: How many?
A: Explanation of Selling Price:The selling price is the amount of money a customer pays to purchase…
Q: Answer in step by step with explanation. Don't use Ai.
A: We can calculate the number of units, given fixed costs, variable costs, selling price, and tax…
Q: The direct write-off method is generally not acceptable because it:
A: Explanation of the Direct Write-off Method: The direct write-off method is an accounting practice…
Q: Give true solution for this general accounting question
A: Step 1: Define Relevant CostsCalculating relevant costs in relevant costing is essential because it…
Q: Please Need Help with General Accounting Question
A: Answer 1: The book value per share is computed by dividing the total stockholders' equity balance by…
Accounting question please solve this one
Step by step
Solved in 2 steps
- Gates Appliances has a return-on-assets (investment) ratio of 20 percent. a. If the debt-to-total-assets ratio is 25 percent, what is the return on equity? (Input your answer as a percent rounded to 2 decima) places.) b. If the firm had no debt, what would the return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.)If Roten Rooters, Inc., has an equity multiplier of 1.28, total asset turnover of 1.85, current ratio of 2.28, and profit margin of 11.9 percent, then its ROE is _______%. Round it to two decimal places.Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporation has a profit margin of 5 percent and its return on assets (investment) is 22.5 percent. What is its assets turnover? (Round your answer to 2 decimal places.) b. If the Butters Corporation has a debt-to-total-assets ratio of 55.00 percent, what would the firm's return on equity be? (Input your answer as a percent rounded to 2 decimal places.) c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 50.00 percent? (Input your answer as a percent rounded to 2 decimal places.)
- The lawrence company has a ratio of long term debt to long term debt plus equity of .25 and a current ratio of 1.5. current liabilities are 900, sales are 6230 , profit margin is 8.1 percent what is the amount of the firms net fixt assets ?Keller Cosmetics maintains an operating profit margin of 8.15% and a sales-to-assets ratio of 3.20. It has assets of $530,000 and equity of $330,000. Assume that interest payments are $33,000 and the tax rate is 30%. a. What is the return on assets? b. What is the return on equity? Note: For all requirement, enter your answers as a percent rounded to 2 decimal places. a. Return on assets b. Return on equity % %The Lawrence Company has a ratio of long term debt to long term debt plus equity of .39 and a current ratio of 1.7. Current liabilities are 950, sales are 6370, profit margin is 9.8 percent, and ROE is 20 percent. What is the amount of the firms net fixed assets?
- Using the DuPont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporation has a profit margin of 5.5 percent and its return on assets (investment) is 15.5 percent. What is its assets turnover? Note: Round your answer to 2 decimal places. Assets turnover ratio b. If the Butters Corporation has a debt-to-total-assets ratio of 25.00 percent, what would the firm's return on equity be? Note: Input your answer as a percent rounded to 2 decimal places. Return on equity % Return on equity times c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 20.00 percent? Note: Input your answer as a percent rounded to 2 decimal places. $What is the return on assets?1.If Gwen, Inc. has a total debt ratio of 0.8, a total asset turnover of 0.33, and a net profit margin of 10%. Calculate the return on equity (ROE). Enter percentages as decimals and round to 4 decimals.