Use the data given below. Component Profitability (Net income/Sales) 2015 2014 9.20% 13.30% Productivity (Sales/Average assets) 1.41% 1.32% Compute the company's ROA for 2015.
Q: Hi expert please solve this question
A: Step 1: Definition of Work-In-Process InventoryWork-in-process (WIP) inventory includes all costs…
Q: Calculate apricots taxable income after the reclassification
A: Detailed explanation:Given: Accumulated earnings and profit $ 275,000Salary and bonus to Donald, the…
Q: The Lyons Company's cost of goods manufactured was $130,000 when its sales were $360,000 and its…
A: Step 1:Calculate the cost of goods sold as follows:Gross margin = Sales - Cost of goods sold…
Q: ??!!
A: To calculate the Return on Assets (ROA), use the formula: ROA = (Net Income / Average Total Assets)…
Q: Novak Company has the following stockholders' equity accounts at December 31, 2025. Common Stock…
A: (a) Journal EntriesDateAccount Titles and ExplanationDebit ($)Credit ($)(1)Treasury Stock28,130…
Q: Financial accounting question
A: Step 1: Define Simple Interest and Compound InterestThe value of an investment in a real or…
Q: The beginning inventory of finishing goods must have been?
A: Explanation of Cost of Goods Manufactured (COGM): This represents the total manufacturing cost of…
Q: Need help this question
A: Explanation: The formula to calculate gross margin is as follows:Gross margin = Sales - Cost of…
Q: Financial Accounting: How does benefit realization tracking enhance performance measures? 1) Value…
A: Concept of Benefit Realization Tracking: This involves the systematic monitoring and evaluation of…
Q: Solve this problem
A: To calculate the final payment amount for the office equipment purchase, we need to apply both the…
Q: MCQ
A: Concept of Parent Company Ownership PercentThe parent company ownership percent refers to the…
Q: Need help with this accounting questions
A: Step 1: Definition of Total Manufacturing CostsTotal manufacturing costs include all direct…
Q: PLEASE HELP ME WITH THIS ACCOUNTING PROBLEM
A: Situation 1: Personal Injury SuitsCalculation:Case 1: Unfavorable outcome likely for the $727,000…
Q: I want to this question answer
A: We have given,Initial Value = $200,000Final Value = $320,000Time = 10 years (from 1 January 2003 to…
Q: Sub: general accounting
A: Explanation of Return on Assets (ROA): Return on Assets is a financial ratio that measures how…
Q: What was the investor's rate of return on these financial accounting question?
A: Step 1: Define Rate of ReturnThe rate of return is the percentage gain or loss on an investment…
Q: How much is the gross profit margin?
A: To calculate the gross profit margin, we need to find the gross profit and then divide it by the…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Accounts Receivable Turnover RatioAccounts Receivable Turnover Ratio: A…
Q: The manufacturing costs of Carrefour enterprises for the first
A: Step 1: Identify the high and low activity levels (units produced and total costs).Step 2: Calculate…
Q: What is the cost of goods manufactured for the year ended DECEMBER 31, 2004 ?
A: To calculate the Cost of Goods Manufactured (COGM) for the year ended December 31, 2004, use the…
Q: None
A: To determine the cost of common equity for Oceanview Hotel's stock, we use the Dividend Discount…
Q: Variable overhead:08, fixed overhead:11
A: Explanation of Variable Costs: Variable costs are expenses that change in direct proportion to…
Q: Why does measurement attribute selection affect reporting quality? a) Standards fit everything b)…
A: When selecting measurement attributes, you're essentially choosing how to capture data that aligns…
Q: If you give me correct answer this general accounting question I will give you helpful rate
A: Step 1: Return on Equity (ROE)Return on Equity (ROE) is a financial ratio that measures the…
Q: What is the overall contribution margin ratio?
A: Explanation of Sales: Sales represents the total revenue generated from selling products A and B,…
Q: Vogel Corporation's cost of goods manufactured last month was $147,000. The beginning finished goods…
A: Step 1: Cost of goods sold Cost of goods sold = Cost of goods manufactured + Beginning finished…
Q: general accounting
A: To find out book value, we will use double declining balance,Formula:Depreciation rate = 2 / Useful…
Q: 5 PTS
A: Given:Net operating income = $45,500Fixed expense = $92,000Sales = $193,000CM ratio = 70% Formula:CM…
Q: Help with this question general Accounting
A: Step 1: Define Cash And Credit SalesBusinesses are actively involved in the trading of products or…
Q: Need help with this accounting questions
A: To calculate the net cash provided by financing activities, we consider the inflows and outflows…
Q: Please give true answer this financial accounting question
A: Step 1: Define Direct Materials UsageDirect Materials Usage refers to the quantity of raw materials…
Q: Looking at the financial statements what's is your firm's cash conversion cycle
A: The cash conversion cycle (CCC) measures how long it takes for a company to convert its investments…
Q: I don't need ai answer general accounting question
A: Step 1: Calculation of total cost for 800 and 1,000 muffinsTotal Cost = Number of muffins × Average…
Q: Given correct answer accounting
A: The arithmetic average annual return per year is simply the mean or average of the returns. To…
Q: None
A: To determine the value of the equity after the restructuring, we will calculate the firm's new…
Q: General Accounting Question need help
A: Step 1:The overhead assigned to cushion cover inspections is calculated by multiplying the overhead…
Q: ?!
A: To calculate the **Cash Conversion Cycle (CCC)**, we need to compute three components:1. **Days…
Q: Department A had 15,000 units in work in process that were 60% completed as to labor and overhead at…
A: Explanation of Equivalent Units: Equivalent units are a measurement concept that converts partially…
Q: General accounting 6.9
A: Concept of Equivalent Units: Equivalent units represent the number of completed units that could…
Q: Ans plz
A: The debt-to-equity ratio is a financial metric that compares total debt to net worth (equity). It…
Q: Solve this Accounting problem
A: Explanation of Present Value of an Annuity (PVA):The Present Value of an Annuity (PVA) represents…
Q: Calculate the company's operating cycle and cash conversion cycle using the given data on these…
A: Step 1: Define Operating CycleThe Operating Cycle is the period of time it takes for a company to…
Q: General accounting question
A: Formula:Cash Flow from Assets = Cash Flow to Stockholders + Cash Flow to CreditorsGiven:Cash Flow…
Q: kindly help me with accounting question
A: Step 1: Definition of High-Low MethodThe High-Low Method is used to estimate the variable cost per…
Q: General accounting MCQ
A: Explanation of Contribution Margin:The Contribution Margin is the portion of sales revenue that…
Q: Accurate answer
A: Explanation of Book Value: Book value is the original cost of an asset minus accumulated…
Q: Find correct answer
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is calculated…
Q: Don't use ai
A: The faithful representation principle is one of the core principles of accounting under the…
Q: Vogel Corporation's cost of goods manufactured last month was $147,000. The beginning finished goods…
A: To calculate the adjusted cost of goods sold, follow these steps: Calculate the unadjusted cost of…
Q: Frisco Company recently purchased 164,000 units of raw material for $642,000. Three units of raw…
A: Explanation of Materials Purchase Price Variance: Materials Purchase Price Variance is the…
Answer please


Step by step
Solved in 2 steps

- Need help this question general accountingThe following revenue data were taken from the December 31, 2017, General Electric annual report (10-K): For each segment and each year, calculate intersegment sales (another name for transfer sales) as a percentage of total sales. Using Microsoft Excel or another spreadsheet application, create a clustered column graph to show the 2016 and 2017 percentages for each division. Comment on your observations of this data. How might a division sales manager use this data?Refer to the following mentioned data. Net sales Cost of products sold Gross margin (In millions) 2017 2016 $34,954 $30, 040 14,274 13, 395 $20, 680 $16, 645 2017 2016 2015 Required: a. Calculate the gross profit ratio for each of the past three years. (Round your answers to 2 decimal places.) 2015 $26, 091 13, 655 $12, 436 59.16 % 55.41 % 47.66 %
- Mac Donald company reported the following on its comparative income statement: 2017 2018 2019 Revenue 9,000 10,000 14,000 Cost of goods sold 6,000 4,000 9,000 Prepare a horizontal analysis of revenue , cost of goods sold and gross profit8. Trend Ratios, Application of some Financial Ratios and their Interpretation Some of the balance sheet and income statement figures of Sapphire Mfg. CO. for 2016, 2017 and 20181 are as follows. 2018 P30,000 2016 2017 Quick assets P40,000 P48,000 65,000 25,000 80,000 50,000 Current assets 50,000 40,000 110,000 200,000 Investments 160,000 135,000 Plants, property and equipment, net Total assets 250,000 265,000 Current liabilities 45,000 50,000 100,000 75,000 Long Term debt Total stockholders' equity 40,000 50,000 105,000 125,000 125,000 Total liabilities and stockholders' Equity 200,000 400,000 240,000 250,000 265,000 Sales 375,000 500,000 Cost of goods sold Operating expenses (including Depreciation of P10,000) 255,000 290,000 110,000 95,000 105,000 Net income 50,000 50,000 130,000 a) Compute for the trend ratios based on the above given data and give your interpretation of the 2017 and 2018 figures.Use the DuPont method of profitability analysis to explain differences in 2017 ROIs between the two divisions. Use 2017 total assets as the investment base
- Scranton Paper Company generates $.97 in sales for every $1 invested in total assets. Which one of the following ratios would reflect this relationship? Multiple Choice Receivables turnover Equity multiplier Profit margin Return on assetsSolve this following requirements on these general accounting questionExcel Online Structured Activity: Balance Sheet Analysis Consider the following financial data for J. White Industries: Total assets turnover: 1.2Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 27%Total liabilities-to-assets ratio: 45%Quick ratio: 0.90Days sales outstanding (based on 365-day year): 29.5 daysInventory turnover ratio: 4.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Complete the balance sheet and sales information in the table that follows for J. White Industries. Do not round intermediate calculations. Round your answers to the nearest whole dollar. Partial Income StatementInformation Sales $ fill in the blank 2 Cost of goods sold $ fill in the blank 3 Balance Sheet Cash $ fill in the blank 4 Accounts payable $ fill in the blank 5 Accounts receivable $ fill in the blank 6 Long-term debt $…

