Sam Enterprises has a return on equity of 14.8%.The debt-equity ratio is 52%, and the capital intensity ratio is 1.15. The company has current assets of $165,000. What is the profit margin? help
Q: Use this information to determine the total cost that should
A: Concept of Direct Labor CostDirect labor cost refers to the wages paid to employees who are directly…
Q: Don't want wrong answer to this cost accounting question
A: Step 1: Definition of Base Rate & Revenue CalculationConcept of Base Rate:The base rate is a…
Q: what is the predetermined overhead rate
A: Step 1: Definition of Predetermined Overhead RateA predetermined overhead rate is an estimated rate…
Q: !!???
A: The Price-Earnings (P/E) Ratio is calculated using the formula: P/E=Earnings per Share (EPS)Market…
Q: not use ai please don't
A: A budgeted sales schedule is a detailed plan or projection showing the anticipated sales of a…
Q: what is the overhead application rate
A: Step 1: Introduction to factory overheadsFactory overheads are defined as indirect costs that are…
Q: What is the production cost per unit under absorption costing
A: Concept of Absorption CostingAbsorption Costing is a costing method where all manufacturing costs,…
Q: Quick answer of this accounting question
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the total direct…
Q: What is the initial gross margin of this financial accounting question?
A: Step 1: Definition of Gross MarginGross margin represents the difference between revenue and the…
Q: Problem related accounting 5.1
A: Concept of Regression AnalysisRegression analysis is a statistical method used to examine the…
Q: Q15. Robinson Manufacturing discovered the following information in its accounting records: $519,800…
A: The total manufacturing costs is the sum of direct materials used, direct labor, and manufacturing…
Q: What is the direct labor time variance?
A: Step 1: Definition of Direct Labor Time VarianceThe Direct Labor Time Variance (also known as Direct…
Q: Tutor help me
A: Calculation of Predetermined Overhead Rate in Dept. XPredetermined Overhead Rate in Dept. X =…
Q: hi expert given answer General accounting question
A: Step 1: Define Pro Forma Net IncomePro Forma Net Income is the projected net income of a company…
Q: Mason Manufacturing is preparing its annual profit plan. As part of its cost analysis, management…
A: Step 1: Definition of Cost Allocation Based on ShipmentsCost allocation refers to the process of…
Q: Solve
A: 1. Contribution Margin per Machine HourSelling Price per Unit = $55.00Variable Cost per Unit =…
Q: Sanjay would like to organize HOS (a business entity) as either an S corporation or as a corporation…
A: Scenario 1: HOS as a C CorporationStep 1: Calculate Before-Tax IncomeHOS generates a 16% return on a…
Q: Next year, a business estimates that it will sell 30,000 units at a selling price of $15 per unit.…
A: Explanation of Selling Price: Selling price represents the amount charged to customers for each unit…
Q: A company has the following financial data: • Beginning work in process inventory: $90,000 Cost of…
A: Step 1: Definition of Over-Applied CostsOver-applied costs occur when the total manufacturing costs…
Q: The accounting equation helps keep financial records balanced. It shows that a company's assets are…
A: Understanding the Accounting EquationThe equation Assets = Liabilities + Equity is the foundation of…
Q: What is the cash paid for merchandise on these financial accounting question?
A: Step 1: Definition of Cash Paid for MerchandiseCash Paid for Merchandise represents the actual cash…
Q: RDX Corporation's production budget for September is 22,000 units and includes the following…
A: Explanation of Fixed Overhead: Fixed overhead represents manufacturing costs that remain constant in…
Q: What is the annual operating cash flow for this financial accounting question?
A: Step 1: Define Annual Operating Cash FlowThe annual operating cash flow (OCF) represents the net…
Q: Thompson Industries manufactures a product with the following standard costs: • . Direct materials:…
A: Step 1: Definition of Direct Materials Quantity VarianceDirect materials quantity variance measures…
Q: Compute the fixed cost elements using the high-low method.
A: Step 1: Definition of High-Low MethodThe high-low method is a cost estimation technique used to…
Q: General accounting
A: Step 1: Definition of Stockholders' EquityStockholders' Equity represents the residual interest in a…
Q: 4 POINT
A: Explanation of Total Assets:Total Assets represent everything a company owns that has monetary value…
Q: Not use chart gpt solution given correct answer general accounting question
A: The lower of cost or market (LCM) rule means we take the lower value between Unit Cost and Unit…
Q: Violet has received a special order for 150 units of its product. The product normally sells for…
A: Step 1: Definition of Incremental ProfitIncremental profit refers to the additional profit earned by…
Q: What truck depreciation should be allocated
A: Explanation of Units of Production Depreciation:The Units of Production Depreciation method…
Q: Question: What is the formula for computing direct materials price variance? a. actual costs -…
A: a. Actual costs - (Actual Quantity × Standard Price) The long form of the formula is:Direct…
Q: 5 PTS
A: Given Data:Excess cash = $800Other assets = $5,200Total assets = $800 + $5,200 = $6,000Equity =…
Q: Get correct answer general accounting question
A: Step 1: Definition of Cost of Goods Manufactured (COGM)Cost of Goods Manufactured (COGM) is the…
Q: Kensington Textiles, Inc. manufactures customized tablecloths. An experienced worker can sew and…
A: Explanation of Standard Quantity: Standard quantity represents the predetermined amount of an input…
Q: I want to this question answer general accounting question
A: Step 1: Define Overhead Allocation RateOverhead allocation rate is the cost assigned to each unit of…
Q: How many units were received and started by the department during March on this financial accounting…
A: Step 1: Define Units Started and ReceivedThe number of units received and started in a department…
Q: What was the total contribution margin?
A: Explanation of Contribution Margin:The Contribution Margin represents the portion of sales revenue…
Q: Falmouth Pools manufactures swimming pool equipment. Falmouth estimates total manufacturing overhead…
A: Given:Total manufacturing overhead = 1,500,000Direct labor hours = 18,750 hoursDirect labor cost =…
Q: Calculate Bradley's Footwear's total assets.
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial metric that…
Q: please provide correct answer of this General accounting question
A: Step 1: Define Profit CalculationProfit is the financial gain obtained after subtracting total costs…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Total Manufacturing CostsTotal Manufacturing Costs (TMC) refer to the total…
Q: Financial Accounting
A: Step 1: Define Stockholders' EquityStockholders' equity represents the owners' residual interest in…
Q: Summit Manufacturing produces a product that requires 8.5 standard hours per unit at a standard…
A: Step 1: Definition of Direct Labor Variances1. Direct Labor Rate Variance (DLRV)Direct labor rate…
Q: What is the sales volume variance for total revenue
A: Concept of Budgeted Sales VolumeBudgeted sales volume refers to the number of units a company…
Q: I need correct solution of this general accounting question
A: Step 1: Define Debt-to-Equity RatioThe debt-to-equity ratio is a financial metric that compares an…
Q: hello tutor provide solution
A: Step 1: Definition of Contribution Margin and Related ConceptsContribution Margin (CM): It…
Q: Azure Manufacturing wishes to evaluate its cash conversion cycle (CCC). Research by one of the…
A: Sure! Let's go step by step to calculate the Cash Conversion Cycle (CCC).Formula for CCC:CCC =…
Q: What were the liabilities?
A: Step 1: Definitions Related to the QuestionDefinition of the Accounting EquationThe accounting…
Q: Crestwood Corporation has the following financial data: Profit Margin: 6.3% • Total Asset Turnover:…
A: To determine the Debt-Equity Ratio, we use the DuPont Formula for Return on Equity (ROE):ROE =…
Q: What is the operating cycle
A: Concept of Operating CycleThe Operating Cycle refers to the total time it takes for a company to…
Sam Enterprises has a return on equity of 14.8%.The debt-equity ratio is 52%, and the capital intensity ratio is 1.15. The company has current assets of $165,000. What is the profit margin? help
Step by step
Solved in 2 steps with 4 images
- During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?Compute the following profitability measures for Esplanade Enterprises for 20-2: (a) Profit margin ratio (b) Return on assets (ROA) (c) Return on common stockholders equity (ROE) (d) Earnings per share of common stock (EPS)Ogier Incorporated currently has $800 million in sales, which are projected to grow by 10% in Year 1 and by 5% in Year 2. Its operating profitability ratio (OP) is 10%, and its capital requirement ratio (CR) is 80%? What are the projected sales in Years 1 and 2? What are the projected amounts of net operating profit after taxes (NOPAT) for Years 1 and 2? What are the projected amounts of total net operating capital (OpCap) for Years 1 and 2? What is the projected FCF for Year 2?
- The Moore Corporation has operating income (EBIT) of 750,000. The companys depreciation expense is 200,000. Moore is 100% equity financed, and it faces a 40% tax rate. What is the companys net income? What is its net cash flow?The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days’ sales outstanding of 36.5 days (based on a 365-day year), total current assets of $810,000, and cash and marketable securities of $120,000. What were Kretovich’s annual sales?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?
- During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?Payne Products had $1.6 million in sales revenues in the most recent year and expects sales growth to be 25% this year. Payne would like to determine the effect of various current assets policies on its financial performance. Payne has $1 million of fixed assets and intends to keep its debt ratio at its historical level of 60%. Payne’s debt interest rate is currently 8%. You are to evaluate three different current asset policies: (1) a restricted policy in which current assets are 45% of projected sales, (2) a moderate policy with 50% of sales tied up in current assets, and (3) a relaxed policy requiring current assets of 60% of sales. Earnings before interest and taxes are expected to be 12% of sales. Payne’s tax rate is 40%. What is the expected return on equity under each current asset level? In this problem, we have assumed that the level of expected sales is independent of current asset policy. Is this a valid assumption? Why or why not? How would the overall risk of the firm vary under each policy?The income statement comparison for Rush Delivery Company shows the income statement for the current and prior year. A. Determine the operating income (loss) (dollars) for each year. B. Determine the operating income (percentage) for each year. C. The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the total assets amounts as the investment base, calculate the ROI. Was the decision to invest additional assets in the company successful? Explain. D. Assuming an 8% cost of capital, calculate the RI for each year. Explain how this compares to your findings in part C.
- You are considering two possible companies for investment purposes. The following data is available for each company. Additional Information: Company A: Bad debt estimation percentage using the income statement method is 6%, and the balance sheet method is 10%. The $230,000 in Other Expenses includes all company expenses except Bad Debt Expense. Company B: Bad debt estimation percentage using the income statement method is 6.5%, and the balance sheet method is 8%. The $140,000 in Other Expenses includes all company expenses except Bad Debt Expense. A. Compute the number of days sales in receivables ratio for each company for 2019 and interpret the results (round answers to nearest whole number). B. If Company A changed from the income statement method to the balance sheet method for recognizing bad debt estimation, how would that change net income in 2019? Explain (show calculations). C. If Company B changed from the balance sheet method to the income statement method for recognizing bad debt estimation, how would that change net income in 2019? Explain (show calculations). D. What benefits do each company gain by changing their method of bad debt estimation? E. Which company would you invest in and why? Provide supporting details.Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested assets of 180,000, and sales of 720,000. Use the DuPont formula to compute the return on investment and show (A) the profit margin, (B) the investment turnover, and (C) the return on investment.The capital structure of Ridley Enterprises Is: Debt 40%, Equity 60%. The cost of debt is 13%, and the cost of equity is 16.5%. What is the weighted average cost of capital for Ridley Enterprises? A. 14.4% B. 15.1% C. 16.2% D. 13.8%
