Thompson Corp. has a total debt ratio of 45%, total debt of $245,000, and net income of $38,000. What is the company's return on equity?
Q: Hii expert please provide correct answer general account
A: To calculate the equity income (or loss) recognized by Anderson Company, we use the equity method,…
Q: What is the economic order quantity?
A: Step 1:Economic Order Quantity (EOQ) is a formula used in inventory management to determine the…
Q: provide General Accounting Question solution
A: To calculate the accrued interest, use the formula: Interest = Principal × Rate × Time…
Q: Don't Use AI
A: Explanation of Lease Liability:Lease liability represents the obligation of the lessee to make lease…
Q: Do fast answer of this general accounting question
A: To calculate the fixed costs using the high-low method, follow these steps: Identify the highest and…
Q: Find actual price
A: Explanation of Standard Costing System: A standard costing system is a cost accounting tool that…
Q: If you want to make a 20% profit solve this question general
A: 1. Understand the Cost Price:The cost price is the amount you spent to acquire or produce the goods.…
Q: Bethesda Company's April 1, 2019, beginning work in process was 900 units. During April an…
A: To determine the number of units completed, we can use the following relationship: Units…
Q: A company has a total cost of $50.00 per unit at a volume of 100,000 units. The variable cost per…
A: Step 1: Calculate Total Fixed Costs At 100,000 units, the total cost per unit is $50. This…
Q: Before prorating the manufacturing overhead costs at the end of 2016, the Cost of Goods Sold and…
A: Explanation of Manufacturing Overhead:Manufacturing overhead refers to all indirect costs incurred…
Q: Shuck inc bases it's manufacturing solve this question general Accounting
A: Step 1: Define Manufacturing Overhead CostManufacturing overhead cost are the indirect cost apart…
Q: Please provide this question solution general accounting
A: To calculate the warehouse cost allocated to Product Y based on material receipts, we need to…
Q: Evaluate the role of the going concern assumption in shaping the presentation and valuation of a…
A: Detailed explanation:Definitions Related to the Question1. Going Concern AssumptionThe going concern…
Q: Need help with this accounting questions
A: To calculate the employee's net pay for January, we need to subtract all relevant deductions from…
Q: I won't to this question answer general Accounting
A: Under variable costing, the total product costs include direct materials, direct labor, and variable…
Q: Financial Accounting
A: Step 1: Define Effective Annual Interest Rate (EAR)The effective annual interest rate (EAR) reflects…
Q: General accounting
A: Step 1: Definition of Asset TurnoverAsset turnover is a financial ratio that measures a company's…
Q: None
A: Step 1: Define Gross marginGross margin is one of the profitability measure, which indicates the…
Q: Please provide this question solution general accounting
A: To calculate Return on Equity (ROE), we use the DuPont formula: ROE = Profit Margin × Total Asset…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Gain/Loss on Sale of AssetGain or loss on the sale of an asset is the…
Q: General Accounting
A: Step 1: Define Accrual accountingAccrual accounting records revenues when they are earned and…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Markup PercentageMarkup percentage refers to the percentage added to the cost…
Q: Bubba Steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be…
A: To determine how much profit would increase if 10 more steak dinners were sold, we need to calculate…
Q: Please Give Answer of this Question with correct option plzzz
A: Step 1: Given Value for Calculation Average Tax rate = t = 25%Taxable Income = i = $120,000…
Q: I need this question financial accounting
A: Step 1: Define Cost Of Common EquityThe cost of common equity is one of the main financing cost…
Q: Do fast answer of this accounting questions
A: To find the number of units of Alpha (xx) required to break even, we start with the relationship…
Q: General Accounting
A: Step 1: Define Trading ProfitTrading profit is the first computation of the profit and loss account.…
Q: FINANCIAL ACCOUNTING
A: Explanation of Total Cost per Unit: Total cost per unit represents the sum of both fixed and…
Q: $812, 000 in sales
A: Step 1: Given Value for Calculation Sales = s = $812,000Sales Discount = sd = $12,180Sales Return…
Q: None
A: Step 1: Define Tax LiabilityA company's tax liability is the amount due to the Internal Revenue…
Q: Please provide answer accounting question
A: Step 1: Define Preferred DividendsPreferred dividends are prioritized to be paid over the common…
Q: I want answer to this general accounting question fast
A: Explanation of Equivalent Units of Production (EUP):Equivalent units of production represent the…
Q: general acounting
A: Step 1: Definition of Operating Profit (or Loss)Operating Profit: This is the income earned after…
Q: Provide correct answer general accounting
A: To calculate the gross profit for the Rails Division, the formula is: Gross Profit = Sales - Cost of…
Q: What is the economic order quantity?General accounting
A: Step 1:Economic Order Quantity (EOQ) is a formula used in inventory management to determine the…
Q: General Accounting question
A: Step 1: Define Net IncomeNet income is the difference between total revenues and total expenses.…
Q: If revenue = $90 and variable cost = 35% of revenue, then contribution margin = $58.50. Options a.…
A: Concept of Revenue: Revenue refers to the total amount of money generated from the sale of goods or…
Q: Please see attachment for details
A: Explanation of Beginning Inventory: Beginning inventory represents the number of units on hand at…
Q: What is the value of ending inventory using the variable costing method?
A: To calculate the value of ending inventory using the variable costing method, we only include…
Q: Newman Corporation sells 1 product, it's waterproof hiking boots.
A: Explanation of Absorption Costing:Absorption costing is a costing method where all manufacturing…
Q: Answer me this accounting reasoning Question
A: Step 1:Opportunity cost refers to the value of the next best alternative that must be forgone when…
Q: General accounting
A: Explanation: The balance in retained earnings on Dec 31, 2014 will be calculated as = Balance in…
Q: The capital stock is fixed at 40 units, the price of capital is $15 per unit, and the price of labor…
A: Average Fixed Cost (AFC) is the fixed cost per output unit produced. It is calculated by dividing…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Present ValueThe present value (PV) is the current worth of a future amount of…
Q: Question: General Account
A: Step 1:Taxable Income (2013):Taxable income is given as $519,200. Step 2:Current Income Taxes…
Q: Please provide this question solution general accounting
A: To answer your question, let's break it down step by step. 1. What is the PEG ratio? The PEG ratio…
Q: Please help me this question general accounting
A: Step 1: Define Capital Turnover RatioCapital Turnover Ratio is the ratio of net annual sales and…
Q: Provide correct answer general Accounting
A: Step 1: Define Annual Rate Of ReturnAn annual rate of return is a relevant metric to benchmark…
Q: What is the weight of the preferred stock as it relates to the firm's weighted average cost of…
A: Market Value of Bonds = Face Value * % of Face ValueMarket Value of Bonds = 250,000*85%Market Value…
Q: Poonam has a standard of 1.5 pounds of materials per unit, at S6 per pound. In producing 2,000…
A: Explanation: The formula to calculate the material quantity variance is as follows:Material quantity…
Thompson corp. Has a total debt ratio
Step by step
Solved in 2 steps
- synoec company has a debt - equity ratio of.85. return on assets is 10.4 percent, and total equity is $785, 000. what is the equity multipler? what is the return on equity? what is the net income?Bowsman Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 7.9%, and total equity is $480,000. What is the equity multiplier? Net income? Return on equity?Y3K, Inc., has sales of $4,600, total assets of $3,270, and a debt-equity ratio of 1.40. If its return on equity is 19 percent, what its net income?
- What is its net income?Accounting Renty has a debt-equity ratio of 35 percent, sales of $13,500, net income of $2,200, and total debt of $11,200. What is the return on equity?Green Fire Company has a debt-equity ratio of 1.7. Return on assets is 14.25 percent, and total equity is $350,000. �What is its equity multiplier?
- Samuelson's has a debt-equity ratio of 45 percent, sales of $11,000, net Income of $2,300, and total debt of $11,700. What Is the return on equity?Samuelson's has a debt-equity ratio of 20%, sales of $5000, net income of $600 and total debt of $3200. What is the return of equity?Boots and Shoes inc has sales of $7525, total assets of $3215 and a debt equity ratio of 1.30. If its return on equity is 14 percent what is it's net income?
- A firm has a debt-to-total assets ratio of 60%, $300,000 in debt, and a net income of $50,000. Calculate return on equity.(DuPont analysis) Dearborn Supplies has total sales of $196 million, assets of $100 million, a return on equity of 28 percent, and a net profit margin of 7.5 percent. What is the firm's debt ratio? The company's debt ratio is%. (Round to one decimal place.)Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporation has a profit margin of 5 percent and its return on assets (investment) is 22.5 percent. What is its assets turnover? (Round your answer to 2 decimal places.) b. If the Butters Corporation has a debt-to-total-assets ratio of 55.00 percent, what would the firm's return on equity be? (Input your answer as a percent rounded to 2 decimal places.) c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 50.00 percent? (Input your answer as a percent rounded to 2 decimal places.)