Hello tutor provide correct answer financial Accounting question The Inside Door has total debt of $198,200, total equity of$343,560, and a return on equity of 15.15%. What is the returnon assets (ROA)?a) 9.14 %b) 8.26%c) 11.45%d) 9.61 %e) 9.48 %

Step 1: Define Return On AssetsThe return on assets (ROA) is determined to know how much income has…

Answered: The Inside Door has total debt of…

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter2: Analysis Of Financial Statements

Section: Chapter Questions

Problem 16PROB

See similar textbooks

Similar questions

Need answer general accounting question
I need answer Accounting question
Company has return on assets 12.4% and debt-equity ratio is 0.25. What is ROE? Select one: a.35.43% b.9.18% c.9.3% d.15.5%
Mike's Place has total assets of S 1 52,080, a debt-equity ratio of .62, and net income of S14,342 What is the return on equity?
What is the return on equity?
1. If total assets is P 50,000 and 2/3 of which is total liabilities, how much is the equity? 2. If total assets is P 87,750 and it is 135% of equity, how much is the total liabilities? 3. If total liabilities is twice the amount of equity and equity is P 46,000, how much is the totalassets? 4. If equity is 4/5 of liabilities and total assets is P 90,000, how much is the total liabilities? 5. If total liabilities is 60% of assets, equity is what percent of liabilities? 6. If total assets is four times the amount of equity, total liabilities is what percent of assets? 7. If loss is P 56,000 and Income is 88,000, how much is the total expenses? 8. If total expenses is 120% of income, and income is P 85,000, how much is the profit or loss? 9. If beginning and ending equity is P 67,000 and P 88,000, respectively, how much is the total expenses if income is P 71,000, assuming there are no other transactions that affected equity? 10. Beginning total assets and total liabilities were P 40,000…
Quinn company has a debt...financial question
Total assets are $1,500,000 and stockholders’ equity is $900,000. What is the debtto-equity ratio?a. 0.33b. 0.50c. 0.60d. 0.67
A firm has total debt of $1,850 and a debt-equity ratio of 0.64. What is the value of the total assets? O a. $1,128.05 O b. $1,184.00 O c. $2,571.95 d. $3,034.00 e. $4,740.63
What is the income on these general accounting question?
What is the return on equity?
Need answer

SEE MORE QUESTIONS

Recommended textbooks for you

EBK CFIN

Finance

ISBN:

9781337671743

Author:

BESLEY

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Principles of Accounting Volume 1

Accounting

ISBN:

9781947172685

Author:

OpenStax

Publisher:

OpenStax College

Survey of Accounting (Accounting I)

Accounting

ISBN:

9781305961883

Author:

Carl Warren

Publisher:

Cengage Learning

EBK CFIN

Finance

ISBN:

9781337671743

Author:

BESLEY

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Principles of Accounting Volume 1

Accounting

ISBN:

9781947172685

Author:

OpenStax

Publisher:

OpenStax College

Survey of Accounting (Accounting I)

Accounting

ISBN:

9781305961883

Author:

Carl Warren

Publisher:

Cengage Learning

Cornerstones of Financial Accounting

Accounting

ISBN:

9781337690881

Author:

Jay Rich, Jeff Jones

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

The Inside Door has total debt of $198,200, total equity of $343,560, and a return on equity of 15.15%. What is the return on assets (ROA)? a) 9.14 % b) 8.26% c) 11.45% d) 9.61 % e) 9.48 %