Sophia's Flower Shop has a return on assets of 14%. Sophia's total assets are $500, while owner's equity is $200 and debt equals $300. What is Sophia's return on equity?
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- What is her return on investment for this General Accounting Question?What is Hannah's debt to equity ratio??? General accountingMaria Reid has determined that the value of her assets is $64,000 and the value of her debts is $23,000. The difference between these two is $41,000. The $41,000 could be referred to as her: Group of answer choices nest egg. total assets. adjusted assets. debt equity. net worth.
- General AccountingA homeowner claims to have $100,000 in equity in her home. This statement uses the term equity from a financial point of view and means the home: [1.4.3 The Language of Economics versus the Language of Business] A is worth $100,000 less than the homeowner owes on any mortgages. B is worth $100,000 more than the homeowner owes on any mortgages. C is worth $100,000 more than market price. D) is worth $100,000.What is the debt to equity ratio on these financial accounting question?
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