Tessler Farms has a return on equity of 12.71 percent, a debt-equity ratio of 0.75, and a total asset turnover of 0.9. What is the return on assets?

Q: answer this fast

A: Option a: This option is incorrect because in group depreciation, assets are pooled together into a…

Q: Question: The following data pertain to Pesom Corporation's operations: Unit sales Selling price…

A: Step 1: Variable Expense per unit can be calculated by subtracting the contribution margin per unit…

Q: Assume B Corporation has $450,000 of Ordinary income from its operations and $10,000 of interest…

A: Step 1. Ordinary IncomeAmount: $450,000Explanation: This is the regular income from B Corporation's…

Q: Hull Company acquires લંડ for $86,000 cash. Please answer the accounting question

A: To calculate the acquisition cost of the land, include all expenditures necessary to prepare the…

Q: Rosco Taxi Service uses the units of activity method in computing depreciation on its taxicabs.…

A: In the units-of-activity method, depreciation is based on the actual use of an asset, which in this…

Q: Trade credit the thompson corporation project provide answer accounting questions

A: Step 1: Define Short-Term FinancingSources of short-term financing last for a year or less than so…

Q: Provide answer accounting

A: Step 1: Define Predetermined Overhead RatePredetermined Overhead Rate is the estimated overhead rate…

Q: Signal environment corp will pay a dividend solve this accounting questions

A: Step 1: Define Price of EquityThe market price of Equity is the current value at which a stock…

Q: ces Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting…

A: Step 1:a. The cost of goods available for sale is calculated as follows:  Units (A)Unit Cost…

Q: Don't use ai to answer I will report you answer

A: Compare the Results: After calculating, compare the current and acid-test ratios. The company with…

Q: I want right answer

A: Explanation of Stewardship Accounting:Stewardship accounting is a method of accounting that focuses…

Q: Jack and Jill are owners of UpAHill, an S Corporation. They own 25 and 75 percent, respectively.…

A:

Q: How can CVP analysis be used to predict future costs and profitability? Describe how CVP analysis is…

A: Using CVP Analysis to Predict Future Costs and Profitability  Cost-Volume-Profit (CVP) analysis is a…

Q: posted in general account

A: Explanation: In the given case, we are required to calculate the value of ending inventory by…

Q: Need help with this question solution general accounting

A: Step 1: Define Operating CycleThe operating cycle is also known as the cash cycle which is a part of…

Q: What is the net income of this general accounting question?

A: Step 1: Calculation of total salesTotal sales = Number of units × Selling PriceTotal sales = 2,000 ×…

Q: None

A: Step 1: Define DepreciationDepreciation can be calculated by various methods, the unit-of-activity…

Q: I want to correct answer general accounting

A: Given:Net income = $22,000ROA (Return on Total Assets) = 5.90% = 0.059ROA = Net Income / Total…

Q: Hi please choose right option. sub. Account

A: Step 1: Understanding the Lower of Cost or Market (LCM) RuleThe Lower of Cost or Market (LCM) rule…

Q: Follow the Instructions

A: Answer 1 The first thing we will do is to determine first the proper treatment of the transactions…

Q: Can you please give me true answer this accounting question?

A: Step 1: Define Straight-Line DepreciationThe straight-line method calculates the depreciation…

Q: Need help with this question solution general accounting

A: Step 1: Define Convertible BondA convertible bond allows bondholders to exchange a bond for a number…

Q: If you give me correct answer I will give you helpful rate on this general accounting question

A: Step 1: Define Accounts Receivable TurnoverIn the domain of accounting, the accounts receivable…

Q: Cambridge Company purchased a truck on January 1, 2018. Give solution this accounting question

A: Step 1: Define DepreciationDepreciation is a business technique that reduces the recorded worth of…

Q: Sohar Suppliers Limited, a SAOC firm founded in Sohar in 2015, primarily supplies imported products…

A: 1 (a) Adjust the net profit for allowable and disallowable items1 (b) Explanation of…

Q: Hello tutor please provide correct answer general accounting

A: Step 1: Define Relevant Costs in Special Order DecisionThe relevant costs a company must consider…

Q: Total revenue?

A: Explanation of Base Ticket PriceThe base ticket price is the starting cost assigned to all tickets…

Q: Net Income?

A: Step 1: Given Value for Calculation Contribution Margin Ratio = cmr = 40%Cost = c = $29,067Increase…

Q: Can you answer this general accounting question?

A: Step 1: Define Profit MarginThe profit margin is the difference between the sales price per unit and…

Q: GENERAL ACCOUNT - 65 WHEN THE MARKET VALUE OF INVENTORY ITEMS HAS DECLINED BELOW ITS COST, WHICH…

A: Correct Answer: c. Lower of Cost or Market Explanation:Under Generally Accepted Accounting…

Q: solution provide this general account

A: compute the lower of cost or market (LCM) for ending inventory applied separately to each product,…

Q: Lasse inc.manufactur 2 product solve the question general accounting questions

A: Explanation: In the given case, it is provided that the company manufactures two products - hammers…

Q: Assuming all other things equal, it is possible that the lower-of-cost-or-market method can result…

A: Yes, I agree with the statement that the lower-of-cost-or-market (LCM) method can result in higher…

Q: Given answer financial accounting

A: Step 1: Define Average Collection PeriodThe number of days that a company takes to convert its…

Q: Gerry company has a gross profit solve this question general accounting not use ai

A: Step 1: Define Cash FlowThe cash flow related to the business includes inflows through cash sales…

Q: Provide correct answer the general accounting question

A: Step 1:  to record the Overhead cost applied, the Work-in-process Inventory account is debited and…

Q: Financial Accounting Question please provide correct answer

A: Step 1:First calculate the total cost per unit: Total cost per unit = Variable cost per unit + Fixed…

Q: General Accounting

A: Step 1: Define Return on AssetsReturn on assets is a performance management tool that measures the…

Q: What is answer?

A: Explanation of Appropriation of Retained Earnings: This is an internal accounting designation where…

Q: Provide correct answer this question general accounting

A: Step 1: Define ACP and DSOACP stands for average collection period or average credit period. It…

Q: hi general account tutor solve this

A: To calculate the product cost per unit under variable costing, we need to understand the components…

Q: answer want

A: Loss per unit:Original Cost - NRV = $600 - $400 = $200Total Loss:Loss per unit * Number of units =…

Q: Please provide correct answer not use ai.general accounting

A: Step 1: Define Time's Interest EarnedTime's interest earned is a ratio that shows the ability of the…

Q: Cost Reconciliation Report need

A: Explanation of Work in Process (WIP) Inventory: Work in process inventory represents the cost of…

Q: posted in general account

A: Step 1: Calculate taxable portion of dividendsThe 70% dividend exclusion means 70% of dividend…

Q: The protland division's operating data solve this question accounting

A: Detailed explanation:Formula:Margin = Net Operating Income / Sales Given : Return on Investment…

Q: I want to correct answer general accounting

A: Step 1: Average accounts receivable.= (beginning + ending receivables) / 2= (2.8 billion + 3.1…

Q: E11.3 (LO 1, 3, 4) Excel (Classification Issues—Intangible Assets) Joni Hyde Inc. has the fol-lowing…

A: Step 1: Classify the items as intangible assets or not, based on accounting principles.Organization…

Q: Answer required

A: Step 1:Predetermined overhead rate: Predetermined overhead rate = Estimated total Factory OH cost /…

Q: Don't use ai given to correct answer general accounting

A: calculate the equity risk premium, we subtract the risk-free rate from the expected market return.…