Return on assets for 2023? Accounting question The following is selected data for BrightTech Corp. The return on assets (rounded tothe nearest tenth of a percent) for 2023 was:Sales (2023): $1,250,000Net Income (2023): $130,000Total Current Assets (2022): $180,000Total Current Assets (2023): $195,000Property, Plant, and Equipment (2022): $700,000Property, Plant, and Equipment (2023): $725,000What is the Return on Assets (ROA) for 2023?a. 15.4%b. 14.44%c. 16.3%d. 16.7%

Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that…

Answered: The following is selected data for…

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter8: Property Transactions: Capital Gains And Losses, Section 1231 And Recapture Provisions

Section: Chapter Questions

Problem 35P

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C Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020? Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580
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What was the net sales for the year 2022?
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Return on assets in 2023 ?
Stackhouse Industries had the following operating results for 2020: sales = $54,510; cost of goods sold = $37,430; depreciation expense = $5,830; interest expense = $1,325; dividends paid = $2,820. At the beginning of the year, net fixed assets were $33,200, current assets were $8,300, and current liabilities were $5,553. At the end of the year, net fixed assets were $42,820, current assets were $9,395, and current liabilities were $5,870. The tax rate was 24 percent. a. What was net income for 2020? (Do not round intermediate calculations.) b. What was the operating cash flow for 2020? (Do not round intermediate calculations.) c. What was the cash flow from assets for 2020? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.) d-1. If no new debt was issued during the year, what was the cash flow to creditors? (Do not round intermediate calculations.) d-2. If no new debt was issued during the year, what was the cash flow to…
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