Sunflower Company has a debt-to-equity ratio of 0.80, an ROA of 10.0 percent, and a total equity of $2,000,000. What are the company's equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, debt ratio to 3 decimal places, and ROE to 1 decimal place.)
Q: What is the return on equity? General accounting
A: Net Income = Sales * Profit Margin= $807,200 * 0.0968 = $78,076.16Total Equity = Total Assets * (1 -…
Q: GENERAL ACCOUNT
A: Standard costs are predetermined or estimated costs for producing a product or delivering a service…
Q: General Account
A: Correct Answer: B. cost variance Explanation:The difference between actual cost and standard cost is…
Q: Financial Accounting
A: Step 1: Define Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) measures the…
Q: MCQ
A: (a) Costs increase with productionThis choice is inappropriate in terms of the learning curve.…
Q: How much is variable overhead?
A: To calculate the ending inventory under absorption costing, we need to first compute the total cost…
Q: The asset, liability, revenue, and expense accounts in the ledger of Mickey Mouse Co. on December…
A: Step 1: Net income Net income = Fees earned - Insurance expense - Wages expenseNet income = $6,000 -…
Q: Answer this general Accounting Question
A: Given:Free cash flow (FCF) = $59.1 millionInvestment in operating capital = $42.1 millionTaxes =…
Q: ??!!
A: Steps and explanations are as follows:In case of any doubt, please let me know. Thank you.
Q: Lights Incorporated calculates the cost for an equivalent unit of production using the FIFO method.…
A: Units in beginning WIP completed this period:Beginning WIP = 36,000 unitsConversion was already 50%…
Q: Don't use ai given answer accounting questions
A: Each unit requires 3 pounds of raw material. Calculation of Raw Material RequirementsMarch…
Q: What is the value of erosion? General Accounting question
A: Step 1: Define SaleSale is process which occurs between two or more people in order to exchange…
Q: Financial accounting question
A: Step 1: DefinitionDiscount Terms (3/15, net 60):This means a 3% discount is available if payment is…
Q: No WRONG ANSWER
A: Given Data:Inventory Conversion Period (average age of inventory): 90 daysReceivables Collection…
Q: The return on equity???
A: Step 1: Write the formula for ROEStep 2: Express the debt-to-equity ratioStep 3: Rearrange the…
Q: I want to this question answer general Accounting
A: Step 1: Define Standard CostingStandard costing refers to the comparison of standard and actual…
Q: Can you please answer this general account query.??
A: To calculate the variable overhead spending variance, we use the formula: Variable Overhead Spending…
Q: do fast answer of this accounting question
A: Step 1: Information providedDebt-to-equity ratio = 0.85 timesTotal debt = $42 millionWe need to…
Q: Ans
A: Step 1: Definition of Capital GainA capital gain is the profit realized from the sale of a capital…
Q: Tremain Company produces and sells two products, Wood and Iron. The following information is…
A: For Wood:Batch size = 20 unitsUnits produced = 240 unitsTotal number of setups = Units produced /…
Q: Subject - General Account
A: Net Sales:Sales: $1,22,700Sales returns and allowances: $970Sales discounts: $580Net Sales = Sales -…
Q: Solve this
A: Explanation of Net Book Value:Net book value refers to the value of an asset on the balance sheet,…
Q: Hello teacher please help me this question solution
A: To determine how much manufacturing overhead was assigned to each job, we follow these steps: Step…
Q: Don't use ai given answer accounting questions
A: Income from operations = $180,000Passive losses = ($125,000)Interest income = $35,000 Since…
Q: Discuss the accounting treatment for joint ventures. How do companies account for their investments…
A: Accounting Treatment for Joint VenturesInvestments in joint ventures are typically accounted for…
Q: I want answer
A:
Q: 95 Question: Financial accounting Equipment with an original cost of $50,000 and accumulated…
A: Explanation of Original Cost: This represents the initial purchase price or acquisition cost of an…
Q: Financial Accounting Question Solution
A: 2. Gross margin = 30% of salesGross Margin=0.30×300,000=90,000Gross margin is the difference between…
Q: Answer this
A: Explanation of COGS (Cost of Goods Sold): COGS represents the direct costs attributable to the…
Q: The sales price for a product provides a gross profit of 20% of sales price. What is the gross…
A: To determine the gross profit as a percentage of cost, we use the relationship between gross profit…
Q: A parcel of land that was originally purchased for $85,000 is offered for sale at $150,000, is…
A: To analyze the effect of the sale on the seller's accounting equation, we need to determine how the…
Q: Financial Accounting Question
A: Step 1: Define Profitability Index (PI)The Profitability Index (PI) is a financial metric used to…
Q: Can you please solve this financial accounting question?
A: Step 1: Define Shareholder BasisThe shareholder's basis in an S Corporation includes their initial…
Q: need help with this accounting question
A: Step 1: Definition of Accounting EquationThe accounting equation is a fundamental principle of…
Q: none
A: Step 1: Definition of Stockholders' EquityStockholders' equity represents the residual interest in…
Q: Need help with this question answer general Accounting
A: To calculate the debt-to-equity (D/E) ratio, we can use the DuPont Identity, which breaks down the…
Q: ??!
A: Step A: Calculate the Total Manufacturing Cost Assigned to Job T-123The total manufacturing cost…
Q: Katherine Brewer is the stockholder and operator of Our Idol LLC, a motivational consulting…
A: To solve the problem, we will use the accounting equation: Assets=Liabilities+Stockholders' Equity…
Q: ??!!
A: Explanation of Direct Labor Rate Variance:Direct Labor Rate Variance measures the difference between…
Q: Abc
A: To calculate the beginning work in process (WIP), we use the formula for Cost of Goods Manufactured…
Q: What is the return on assets ?
A: To calculate the Return on Assets (ROA), we use the formula:ROA=Total AssetsNet IncomeWhere:Net…
Q: What is the project's discounted payback
A: Step 1: Calculation of Discounted Cash Flows (DCF) for year 1, 2, and 3Weighted Average Cost of…
Q: 5 marks
A: We have given,Profit margin = 19%Sales = $24,000,000Total assets = $23,500,000After-tax interest…
Q: Financial Accounting
A: Step 1: Determine the original cost of the equipmentStep 2: Subtract the accumulated…
Q: ?
A: Explanation of Absorption Costing: Absorption costing is a method that includes all manufacturing…
Q: What is the amount of gain or loss recorded on the sale of this machine? General accounting
A: Step 1: Definition of Asset DisposalWhen a company disposes of a fixed asset, it records a gain or…
Q: Do fast and step by step calculation with explanation for this financial accounting question
A: The balance sheet will report both the note receivable of $12,000 (the principal) and the interest…
Q: answer accounting question
A: Step 1: Compute the comparable cost per unit by using the High-Low Cost Method as follows: Variable…
Q: fINANCIAL ACCOUNT
A: Step 1: Formula for Gross Profit Percentage Gross Profit Percentage=(Net SalesGross Profit)×100…
Q: Calculate the company's day's sales uncollected for this general accounting question
A: Step 1: Define Days' Sales UncollectedDays' sales uncollected measures the average number of days it…
Quick answer of this accounting questions


Step by step
Solved in 2 steps

- ansPickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net Income?The Rossdale Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.29. Current liabilities are $1,450, sales are $7,380, profit margin is 8.1 percent, and ROE is 14.3 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
- Kodi Company has a debt-equity ratio of 1.33. Return on assets is 7.58 percent, and total equity is $665,000. a. What is the equity multiplier? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the return on equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. c. What is the net income? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Equity multiplier b. Return on equity c. Net income times %Crane, Inc., has a debt ratio of 0.47. What are the company’s debt-to-equity ratio and equity multiplier? (Round your answers to 2 decimal places, e.g.12.25.) The company’s debt-to-equity ratio is enter The company’s debt-to-equity ratio rounded to 2 decimal places and the equity multiplier is enter the equity multiplier rounded to 2 decimal places .Hima company has a debt-equity ratio of
- The Mikado Company has a ratio of long-term debt to long-term debt plus equity of .32 and a current ratio of 1.8. Current liabilities are $880, sales are $6,300, profit margin is 8.9 percent, and ROE is 19.3 percent. What is the amount of the firm's net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net fixed assetsThe Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.6. Current liabilities are $900, sales are $6,320, profit margin is 9.1 percent, and ROE is 19.5 percent. What is the amount of the firm's net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net fixed assetsGeneral Accounting
- Andyco, Inc., has the following balance sheet and an equity market-to-book ratio of 1.8. Assuming the market value of debt equals its book value, what weights should it use for its WACC calculation? Assets $1,090 Liabilities & Equity Debt $460 Equity $630 The equity weight for the WACC calculation is __ % ? (Round to two decimal places.)The Mikado Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of 47 and a current ratio of 1.36. Current liabilities are $2,440, sales are $10,600, profit margin is 12 percent, and ROE is 17 percent. What is the amount of the firm's net fixed assets? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Net fixed assetsY3K, Incorporated, has sales of $7,475, total assets of $3,525, and a debt - equity ratio of .34. Assume the return on equity is 20 percent. What is its net income? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

