The following is selected data for Nawab Industries: 2020 2019 Sales $1,200,000 $1,300,000 Net Income 117,000 10,000 Total Current Assets 164,000 150,000 Property, Plant and Equipment 646,000 638,000 The return on assets for 2020 was.
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The ROA for 2020 was?
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- Presented below are the year-end balance of the assets and liabilitiespertaining to Starlight Merchandising 2020 2019Cash P150,000 P120,000Equity investment at FVPL 260,000 230,000AR, net 360,000 400,000Inventories 705,000 635,000Prepaid Expenses 130,000 128,000Accounts payable 182,000 136,000Other current liabilities 141,000 125,000Bonds Payable 200,000 200,000Additional investment made by the owner during 2020 was P150,000 but a P200,000 personal liability was paid out of company's funds. What is the company's profit or loss for the year ended December 31, 2020? 30,000 800,000 Answer not given 140,000 700,000What is National Co.’s amount of total investor-supplied (Net current asset investment and net fixed asset investment) operating capital for 2022?10. Doric Co. reported the following items on its 2025 financial statements: View the items. Determine Doric Co.'s rate of return on total assets for 2025. Select the formula, then enter the amounts to compute the rate of return on total assets for 2025. (Round your answer to the nearest percent, X%.) + + ÷ Items = Rate of return on total assets % Total Assets, December 31, 2025 32,000 Total Assets, December 31, 2024 6,000 For Year Ended December 31, 2025: Interest Expense 600 Net Income 900 Print Done - ☑
- Calculate Asset Turnover for 2021 using the following information: Net Income Net Sales Total Assets 20% 73% 64% 53% 2020 $2,500,000 $5,000,000 $10,000,000 2021 $3,000,000 $8,000,000 $15,000,000 ListenPrepare a 2020 income statement for Wildhorse Corporation based on the following information: Cost of goods sold Operating expenses Other expenses and losses Sales revenue Tax rate $500,000 118,000 31,000 730,000 30%Prepare a 2020 income statement for Wildhorse Corporation based on the following information: Cost of goods sold Operating expenses Other expenses and losses Sales revenue Tax rate $500,000 118,000 31,000 730,000 30% WILDHORSE CORPORATION Income Statement tA
- ATC's common-size income statement for 2020 would report cost of goods sold as: a) Up by 5.3% b) 139.5% c) 65.9% d) 30,000 millionCoronado Incorporated had average total assets in 2025 of $6345000. It reported sales for of $8217000 that year. Average liabilities for the year were $5199000. Net income for the year was $958095. What is Coronado' return on assets for 2025? O 15.10 % O 18.43% O 6.52% O 11.66%What is National Co.’s net operating working capital for 2022?
- What is the net income?What do these numbers say about the company?Swifty Incorporated had average total assets in 2025 of $6343000. It reported sales for of $8209000 that year. Average liabilities for the year were $5187000. Net income for the year was $964136. What is Swifty' return on assets for 2025? O 15.20% 18.59% O 11.74% 6.60%