Rushing had income of $192 million and average invested assets of $1,950 million. What is Rushing's return on assets?
Q: Give true answer the general accounting question
A: Step 1: The maturity value of the note is the sum of the Principal amount of the note and the…
Q: Answer this Question accurately
A: To calculate the expected cash receipts for June, July, and August, we need to break down the sales…
Q: General Accounting
A: To calculate Bramble Corp.'s return on assets (ROA) for 2017, we use the formula:Return on Assets…
Q: Please given accounting question answer
A: Step 1: Define High-Low MethodThe high-low method is a method to analyze mixed costs. This method…
Q: Goodman company has sales of 3,000 units solving accounting question
A: Step 1: Define Operating LeverageOperating leverage calculates the percentage change in the…
Q: Please provide this question solution accounting
A: Step 1: Define Asset Turnover RatioThe asset turnover ratio assesses the performance of the diverse…
Q: General accounting
A: To calculate the Price-to-Earnings (P/E) Ratio for Dalmatian Corporation on March 31, 2017, we need…
Q: Give true solution for this accounting question
A: Step 1: Define Budgeted factory overheadFactory overheads are the entire cost of maintaining the…
Q: 55.
A: Explanation of Non-Monetary Exchange:Non-monetary exchanges refer to transactions where goods or…
Q: Why do seemingly straightforward accounting principles often become complex in practical…
A: Key Definitions Related to the Questions:Accounting Principles: These are standardized guidelines…
Q: Need help with this general accounting question please solve
A: Step 1: Define Net SalesNet sales are gross sales after adjusting for sales returns and allowances…
Q: A machine costing $ 350,000 has a salvage value accounting questions
A: Step 1:Computation of the depreciable cost: Depreciable cost = Cost of the machine - Salvage value =…
Q: ANSWER FAST
A: Perpetual inventory systems have evolved the stock control process mainly for the reason that they…
Q: Give true answer the accounting question not use ai
A: Step 1:As per high low method variable cost per unit is calculated by following formula = ( Cost at…
Q: Please solve this general accounting problem with calculation
A: Step 1: Define InventoryInventory can be defined as the products which are company manufactured to…
Q: Provide correct answer the general accounting question do fast
A: Step 1: Define Pre-determined OH RateThe manufacturing overhead rate is a formula that is used to…
Q: Provide correct answer for this accounting question
A: Step 1: Define Minimum Rate of ReturnThe minimum rate of return refers to the lowest acceptable…
Q: Accounting question
A: Step 1: Define Operating LeverageOperating leverage is needful to measure to what extent the…
Q: i want to answer of this Question of Accounting Subject please solve it fast as posible
A: Step 1: Define Merchandise inventoryThe goods a business buys to resell to customers and generate…
Q: Can you please answer the financial accounting question?
A: Step 1:The maturity date is calculated as follows: May (31-10) days21 daysJune30 daysJuly31…
Q: compute the LCNRV for this company's account inventrry
A: Step 1:Lower-of-cost or net realizable value (LCNRV): Inventory valued at lower of cost, or NRV, at…
Q: find out gross profit------
A: Step 1: Calculate Net SalesNet sales is the total sales minus sales returns and allowances, and…
Q: Solve these general accounting question answer do fast
A: Step 1: Define Process CostingProcess costing is an accounting system used by manufacturers of…
Q: Xenox company had net credit sales during the year solution this question
A: Step 1: Define Account Receivable TurnoverThe account receivable turnover ratio measures the ability…
Q: Can you answer this general accounting question?
A: Step 1: Define Inventory ValuationBusiness, value inventory at cost or net realizable value which…
Q: ?
A: Explanation of Service IncomeService income refers to the revenue generated by providing specific…
Q: Show me answer
A: Key Definitions:Accounting Accuracy: The degree of precision and correctness in recording,…
Q: What are the expected collections for July on these financial accounting question?
A: Step 1: Define Expected CollectionsExpected Collections refer to the monetary amount that an…
Q: Answer me
A: To find the optimal stock order quantity, we use the Economic Order Quantity (EOQ) formula, which…
Q: 5. Jobs completed during December and the actual output were:Job No. Quantity Items3005-5 48,000…
A: Quantities of Products Shipped to Customers:1. Estate Sprinklers: 16,000 units2. Deluxe Sprinklers:…
Q: General Accounting
A: Step 1: Define Interest Coverage RatioThe interest coverage ratio shows how often an organization's…
Q: Need answer the accounting question please solve this one
A: Step 1: Define Gross MarginThe established companies have an internal policy of introducing the…
Q: Using the p/e multiples approach solve this question
A: The problem pertains to P/E valuation method.The price-to-earnings (P/E) ratio measures a company's…
Q: answer
A: 1. Given Data : The question under consideration is what benefits bringing about revolution in stock…
Q: 16 A company is using the net method for a sale of $1,000 with payment terms of 2/10, net 30. How…
A: The payment terms of "2/10, net 30" mean the customer gets a 2% discount if they pay within 10 days.…
Q: Sub-General Accounting
A: Detailed Explanation: • Human Resource Accounting (HRA) advances established concepts of accounting…
Q: The braxton co.has beginning long-term debt of $64500 solution this question
A: Step 1: Define InterestInterest is a charge against the company's profits mandating its payments…
Q: The cost of common equity?
A: Step 1: Start with Gordon Growth Model formula:• Cost of Common Equity (r) = (D₁ ÷ P₀) + g Step 2:…
Q: Targo company manufacturers a single product solve this question
A: Step 1: Define Manufacturing Overhead BudgetIn order to prepare the manufacturing overhead budget, a…
Q: Please I need this question general accounting question
A: Step 1: Define Return on AssetsThe total assets of a company consist of fixed assets and the current…
Q: General Accounting
A: Step 1: Identify the given dataStep 2: Calculate the average accounts receivableStep 3: Apply the…
Q: provide answer for this account query
A: Given data:Selling price per hotdog: $20Cost of raw material per hotdog: $12Packing cost per hotdog:…
Q: General Accounting
A: Original Cost and Salvage ValueThe original cost of the building is $29,850,000, and the salvage…
Q: Please assist in solving the wrong answers
A: Please assist in solving the wrong answers Detailed explanation:A multi-step income statement is a…
Q: i want to answer of this Question of Accounting Subject please solve it fast as posible
A: Step 1: Define Profitability IndexProfitability index (PI) ratio is a capital budgeting to measure…
Q: EPS?
A: Explanation of P/E Ratio (Price-to-Earnings Ratio): The P/E ratio is a fundamental valuation metric…
Q: Need help with this general accounting question not use ai
A: Step 1: Define Variance AnalysisVariance analysis is needed when the budgeted figures differ from…
Q: I need correct answer this question answer accounting
A: Step 1: Define Cost-Volume-Profit AnalysisThe cost-volume-profit (CVP) analysis is used to figure…
Q: None
A: Step 1: Calculate the opportunity cost as follows:Opportunity cost = Stock available * open market…
Q: I need answer please solve question general accounting
A: Step 1: Define Operating Cash FlowOperating cash flow is generated as a result of the business…
Please provide this question solution accounting
Step by step
Solved in 2 steps
- Antonio Company's net income and net sales are $50,000 and $800,000, respectively, and average total assets are $400,000. What is Antonio's return on assets?Rollins 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)?Please help me with show all calculation thanku
- Target in 2017 reported net income of $2,934 billion, net sales of $71,879 billion, and average total assets of $38,215 billion. What is Target’s asset turnover? What is Target’s return on assets?What is the return on assets on these financial accounting question?G. C. Murphey’s 2016 financial statements show net income of $5,040 million, sales of $306,932 million, and average total assets of $86,700 million.How much is G. C. Murphey’s return on sales for the year?
- Suppose Torche Corporation has the following revenue and expenses for 2022: Revenues of $9,100,000 Cost of Goods Sold of $2,730,000 Depreciation Expenses of $500,000 Income Taxes of $1,672,000 Interest Expenses of $180,000 Other Expenses of $600,000 Sales, General, & Administrative Expenses of $910,000 Create an income statement with amounts in thousands What is the value of Earnings Before Interest & Taxes?Arredondo, Inc., has current assets of $394, net fixed assets of $17,137, current liabilities of $4,228, and long-term debt of $8,254. How much is net working capital?Peyton's Palace has net income of $13.4 million on sales revenue of $114 million. Total assets were $80 million at the beginning of the year and $88 million at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Enter your answers in millions. (i.e., $5,500,000 should be entered as 5.5).) Return on Assets Numerator/Denominator Amounts Peyton's Palace % Profit Margin Numerator/Denominator Amounts Peyton's Palace % Asset Turnover Numerator/Denominator Amounts Peyton's Palace times
- Suppose a firm has the following information: Cash = $500,000; shortterm investments = $2.5 million; accounts receivable = $1.2 million;inventories = $1 million; and net plant and equipment = $7.8 million.How much is tied up in operating current assets? ($2.7 million)You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $800,000, accounts receivable = $1,600,000, inventory = $2,100,000, accrued wages and taxes = $570,000, accounts payable = $870,000, and notes payable = $670,000. Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) Net working capitalSwifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%
