The following is selected data for Inland Industries: Sales Net Income Total Current Assets 2016 2015 $1,200,000 $1,300,000 117,000 10,000 164,000 150,000 638,000 Property, Plant and Equipment 646,000 The return on assets for 2016 was. A. 28.89% B. 18.11% C. 18.34% D. 14.64%
Q: How do you solve this
A: Approach to Solving the Question Identify Key Time Components: Determine all the relevant time…
Q: Need help with this question no use ai
A: Step 1: here the correct answer is d)
Q: You have the following information about two firms, Debt Free, Incorporated and Debt Spree,…
A: Interest expense is calculated as the product of the debt and the borrowing rate. For Debt Free, the…
Q: As indicated in the chapter, return on investment (ROI) is well entrenched in business practice.…
A: 1. Current Return on Investment (ROI) of the DivisionThe ROI formula is: ROI = Operating Income /…
Q: Report on the measures to improve the cash flow-based on the cash flow statement you need to…
A: Identified Red Flags:Large Influx of Cash:Change in Short Term Investments: $501 millionChange in…
Q: Question #5 Idaho Farm Services Company has received two proposals for a new General-Purpose Wheat…
A: We'll calculate the net present value (NPV) and profitability index (PI) for both models, then…
Q: On December 31, 2023, Berclair Incorporated had 300 million shares of common stock and 3 million…
A: Berclair's basic EPS is calculated by dividing net income available to common…
Q: 9 Which of the following activity levels is an example of the clerical activity associated with…
A: Batch-level activities are costs relating to the batch production of one type of product.With this…
Q: None
A: To determine whether the park should be built, we need to compare the benefit to the cost and…
Q: None
A: Step 1: Understanding the Depreciation MethodsThe Straight-Line Method divides the cost of an asset…
Q: January February March Cash Receipts $525,000 400,000 450,000 Cash Payments $475,000 350,000 525,000…
A: Kayak Company's cashbudget for January to March ensures a minimum cash balance of $30,000monthly by…
Q: QUESTION 1 Part A Ahmed is a 44 year-old single male resident of South Africa. He inherited a 5…
A: Detailed explanation:According to the worldwide tax summaries, the sale of the house which is a sale…
Q: Solve the Problem
A: Step 1: Introduction to the NoteA company uses financial notes or promissory notes as a medium to…
Q: Needed help
A: The profitability index (PI) is a ratio of the present value of future cash flows generated by an…
Q: Provide solution don't use ai
A: Step 1: Introduction to the Cost AccountingCost accounting is a component of managerial accounting…
Q: Sunland Toothpaste Company initiates a defined benefit pension plan for its 50 employees on January…
A: Step 1: Identify the relevant information for corridor calculation:- Projected benefit obligation…
Q: Need help
A: If you have any problem let me know in comment box.
Q: Please made correct answer
A: minimum required return is calculated by multiplying the average operating assets by the minimum…
Q: You want to be able to withdraw $20,000 from your account each year for 30 years after you retire.…
A:
Q: Factor Company is planning to add a new product to its line. To manufacture this product, the…
A: factor company's new machine generates $291,000 in annual net cash flow, with a net income of…
Q: Give answer
A: Step 1: Introduction to the Inventory TechniqueThe lower cost or market (LCNRV) is an inventory…
Q: 11 Which of the following would be classified as a product-level activity? Select one: a. It will…
A: Detailed explanation:Machine setup for a batch of a standard product is a product level activity…
Q: 1. Create a new Excel sheet in which you will find the delivery cost for each delivery. a. Create a…
A: Stepwise Details of how to set up this Excel sheet, including the VLOOKUP function and the pivot…
Q: An investment with an initial cost of $15,000 produces cash flows of $5,000 annually for 5 years. If…
A: To calculate the discounted payback period, we need to discount the annual cash flows and determine…
Q: Provide correct solution don't use ai
A: To compute the lower-of-cost-or-net realizable value for the inventory of Bramble Corp we will…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: Step 1: Analyze the First Statement"Software that allows you to consider the impact under a variety…
Q: None
A: Absorption costing, sometimes referred to as full costing, is a method of costing that includes all…
Q: Christmas Timber, Inc., produces Christmas trees. The trees are produced through a cutting and…
A:
Q: Help please
A: We need to calculate gross profit and operating income for March using absorption costing : Gross…
Q: Do not use chatgpt
A: Step 1: Understand the ContextYoung Clothing manufactures designer suits, and we are focusing on…
Q: In May, Limonade produced 10,000 cases of powdered drink mix and sold 11,000 cases, of which 1,000…
A: Detailed explanation:Income statement using absorption costing method :Sales Revenue11000 units x $…
Q: 19 East Co.'s manufacturing costs are as follows: Direct materials and direct labour $700,000…
A: Reference:Tuovila, A. (2024, June 18). Absorption Costing Explained, With Pros and Cons and…
Q: Which items are matters of governance interest that an auditor would wish to discus with those…
A: When auditors perform their duties, they need to communicate critical issues with those charged with…
Q: None
A: Step 1:In Accounting Process recording Journal Entries is the first step. First transactions have to…
Q: The payment of accounts payable during the period isa. P75,000c. P210,000b. P180,000d. P215,000
A: The payment of accounts payable during a certain period is the amount of money a company owes to its…
Q: Working all
A: Problem 1: Direct Labor Budget Given Data:Units produced per quarter:Quarter 1: 20,000 unitsQuarter…
Q: The West Division of Cecchetti Corporation had average operating assets of $643,000 and net…
A: Given:Average operating assets = $643,000Net operating income = $100,000Minimum required rate of…
Q: 9. [-/1 Points] DETAILS MY NOTES BRECMBC9 11.1.041. ASK YOUR T As an incentive to attract savings…
A: Answer : ( a ) Answer : ( b ) The First National Bank The Second National Bank …
Q: am. 109.
A: Adjustment for Supplies Used:Date: Nov. 30Debit: Supplies Expense $25Credit: Supplies…
Q: Provide true solution
A: Step 1: Introduction to the Balance SheetA balance sheet equation comprises the accounting elements…
Q: Can you please check my work
A: 1. Computation of the conversion cost rate per mower: Budgeted conversion cost per production hour =…
Q: Cane Company manufactures two products called Alpha and Beta that sell for $125 and $85,…
A: Let's break down the costs and compare:In-house manufacturing cost per unit for Alpha:Direct…
Q: Provide table
A: To prepare the operating activities section of the cash flow statement using the indirect method…
Q: Solve this problem
A: Step 1: Definition of Statement of Cash Flows:The cash flow statement in management accounting shows…
Q: In public health, we often struggle for funding. Understanding which health challenges are…
A: The challenges of Clark County's demographics and health care systemAs for the demographics:There is…
Q: not use ai please
A: Answer:Req. A1 Req. A2 Step by step solution:
Q: Using the income statement below, please compute the correct variance in total revenue (horizontal…
A: The variance in total revenue between two years is calculated by subtracting the total revenue of…
Q: 20
A: Computation of operating income by using the absorption costing method as follows:Resultant values:
Q: Need help with this question
A: To calculate the interest expense for Sideways Movers on December 31, 2009, we need to follow these…
Q: Your answer is partially correct Compute the amount of accumulated depreciation on each machine at…
A: Description:1. The image shows a table with information about accumulated depreciation on three…
Need answer
Step by step
Solved in 2 steps
- The following is selected data for Inland Industries: Sales Net Income Total Current Assets 2016 2015 $1,200,000 $1,300,000 117,000 10,000 164,000 150,000 638,000 Property, Plant and Equipment 646,000 The return on assets for 2016 was. A. 28.89% B. 18.11% C. 18.34% D. 14.64%I want the correct answerSolve this problem
- GIVE THE COMPARATIVE INCOME STATEMENT VERTICAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - - 14.57% 1.02%…GIVE THE COMPARATIVE INCOME STATEMENT HORIZONTAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - - 14.57% 1.02%…GIVE THE COMPARATIVE INCOME STATEMENT HORIZONTAL AND VERTICAL ANALYSIS FROM THE FOLLOWING INCOME STATEMENT BELOW JOLLIBEE INCOME STATEMENT ITEM 2016 2017 2018 2019 2020 Sales/Revenue 113.81B 133.61B 161.17B 179.63B 129.31B Sales Growth - 17.40% 20.62% 11.45% -28.01% Cost of Goods Sold (COGS) incl. D&A - - 132.96B 150.88B 115.39B COGS Growth - - - 13.47% -23.52% COGS excluding D&A 89.27B 105.39B 121.08B 137.38B 100.82B Depreciation & Amortization Expense 4B 4.75B 11.89B 13.5B 14.57B Depreciation 3.93B 4.66B 11.73B 13.34B 14.32B Amortization of Intangibles 68.99M 78.95M 151.82M 145.42M 245.23M Gross Income 20.54B 23.48B 28.21B 28.75B 13.92B Gross Income Growth - 14.30% 20.12% 1.93% -51.57% Gross Profit Margin - - - - 10.77% SG&A Expense - - 17.64B 20.21B 20.42B SGA Growth - - -…
- Sales Operating Income Total Assets (investment) Target Rate of Return (Cost of Capital) $1,520,437 $77,792 $500,251 12% What is return on investment? Input your answer to 1 decimal place. For example if you calculate.1892 enter 18.9.Give correct answer no use AIin horizontal analysis explain the results of total current asset and non current assets and what its impact of the results to the company
