XYZ Corp. has an operating profit margin of 7%, a debt burden of 0.8, and has financed two- thirds of its assets through equity. Required: What asset turnover ratio is necessary to achieve an ROE of 18%?
Q: provide correct answer
A: To solve for the total assets, we use the given information:Total debt (D) = $4,910Debt-equity ratio…
Q: I Want to this question answer general Accounting
A: Step 1: Define Lower-of-Cost-or-Net Realizable Value (LCNRV)The Lower-of-Cost-or-Net Realizable…
Q: Waiting for your solution general Accounting question
A: Dividend yield = Annual Dividends per share / Current price per shareDividend yield = 2.40 /…
Q: Sol This question answer
A: Substituting the values: ROCE = $0.69/$49.00 * 100 ROCE=1.41% Thus, the analysts were forecasting a…
Q: What is the value of its total assets on these financial accounting question?
A: Step 1: Define Total AssetsThe accounting equation states that a company's total assets are the sum…
Q: Hello Teacher Sol This question
A: Step 1: Definition of Variable ExpensesVariable expenses are costs that change in direct proportion…
Q: What is the price earning ratio?
A: Given:Sales = $12,400Profit margin = 6%Outstanding shares = 6,800Market price per share = $2.5…
Q: A $2,000 bond issued in 2018 pays $180 in interest each year. What is the current yield on the bond…
A: Key Bond Concepts:1. Par Value (Face Value): The original value of the bond ($2,000 in this case)…
Q: I don't know answer please help me this question solution
A: Step 1: Definition of Prepaid InsurancePrepaid insurance is an asset account that represents the…
Q: Please help. all boxes that are red either are formatted wrong or have the wrong inputs. please do…
A: Step 1: July 1 Journal entry Debit Prepaid insurance account to increase its balance by…
Q: help me to solve this questions
A: Step 1: Definition of Cost of Goods Manufactured (COGM)The Cost of Goods Manufactured (COGM)…
Q: Please give me correct answer this financial accounting question
A: Step 1: Define Inventory Turnover RatioThe Inventory Turnover Ratio measures how efficiently a…
Q: Financial accounting
A: Step 1: Define Rate of ReturnRate of Return is the percentage gain or loss on an investment over a…
Q: Usses the high low method to analyze costs
A: Explanation of High-Low Method:The High-Low Method is a cost estimation technique used to determine…
Q: PLEASE HELP. ALL THE BOXES THAT ARE OUTLINED IN RED ARE INCORRECT/FORMATTED WRONG. PLS DO NOT JUST…
A: Note: The Journal Entries are provided as below:Net Income = Service Revenue - Salaries & Wages…
Q: hi expert please help me
A: Net Income for the period = Total Revenues - Total Expenses…
Q: give me answer general accounting
A: Step 1: Caculation of Total LiabilitiesTotal Liabilities = Notes Payable + Long-term DebtTotal…
Q: How much was the unit cost per service?
A: Explanation of Service Revenue: This represents the total income earned by a company from providing…
Q: What was your holding period return on these financial accounting question?
A: Step 1:Given,Investment at the beginning of the year: $75Growth in the value of the investment:…
Q: I want to this question answer general Accounting question
A: Step 1: Define Yearly Earnings CalculationYearly Earnings from savings refer to the interest income…
Q: What is the net realisable value?
A: Explanation of Accounts Receivable: Accounts receivable represents the amounts owed to a company by…
Q: Financial accounting
A: Capital Gains YieldThe necessary return on a stock refers to the entire return that an investor…
Q: choose best answer
A: Step 1: Definition of Itemized Deductions and After-Tax CostItemized deductions are expenses that a…
Q: Saffron Industries had their total liabilities increased by $7,300 and stockholders' equity…
A: Explanation of Accounting Equation:The Accounting Equation is a fundamental principle in accounting…
Q: Calculate the Days sales in receivables
A: Detailed explanation: Step-by-Step Explanation of Days Sales in Receivables (DSR) Calculation for…
Q: What was its total assets turnover ratio?
A: Step 1: Definition of Total Assets Turnover RatioTotal Assets Turnover Ratio measures how…
Q: Do fast of this question answer accounting question
A: Step 1: Define Initial Cash FlowThe initial cash flow of a project represents the total investment…
Q: Calculate the standard cost per unit for ABC Company.
A: Step 1: Definition of Standard Cost Per UnitThe Standard Cost Per Unit represents the budgeted cost…
Q: what is the total net gin of loss on this transaction?
A: Net gain on transaction = (Selling -Buying price)*Contract size/100 Net gain on transaction =…
Q: Cash disbursements for manufacturing overhead
A: Explanation of Cash Disbursement for Manufacturing Overhead:Cash disbursement for manufacturing…
Q: What amount will hocco corporation record as the acquisition cost of the land?
A: Explanation of Land Acquisition Cost:Land acquisition cost refers to the total amount spent to…
Q: How much will the total revenue change if the new product line is introduced ?
A: To determine the change in total revenue after introducing the new product line, we calculate the…
Q: correct answer please
A: Step 1: Definition of Gross Profit PercentageThe Gross Profit Percentage measures the proportion of…
Q: Therefore the final answer
A: 1. Calculate the profit per ticket package:Selling price per ticket: $200Cost per ticket: $170Profit…
Q: Hello tutor please help me
A: Step 1: Definition of Asset Turnover RatioThe asset turnover ratio is an efficiency metric that…
Q: Please give me true answer this financial accounting question
A: Step 1: Definition of Current YieldThe current yield of a bond measures the return an investor earns…
Q: Hy teacher give me answer please
A: Step 1: Definition of High-Low MethodThe high-low method is a cost estimation technique used to…
Q: provide correct answer
A: To calculate the Return on Common Equity (ROCE), we use the formula: ROCE = (Net Income per Share /…
Q: provide correct answer
A: Step 1: Definition of Capital GainCapital gain refers to the profit made from selling an asset at a…
Q: I want answer
A: Explanation of Special Order: A special order refers to a one-time order that is outside a company's…
Q: At an activity level of 8,500 machine hours in a month, Gayle Corporation's total variable…
A: Explanation of Variable Production Engineering Cost: Variable production engineering costs are…
Q: Can you help me with accounting questions
A: Step 1: Introduction to ratio analysisRatio analysis is a method used to analyze financial…
Q: At what amount should brandon ltd.record patent Y?
A: Detailed explanation: Step 1: Understanding the Given InformationBrandon Ltd. acquires three patents…
Q: equity in the business must have:
A: Step 1: Definition of Accounting EquationThe accounting equation is the balance sheet in linear…
Q: Financial Accounting
A: To find the expected return on the asset, we use the Capital Asset Pricing Model (CAPM) formula:…
Q: Noyan Carter's weekly gross earnings for the week ending August 15th were $3,200, and his federal…
A: Compute the social security tax.Social security tax = 6.2% of gross earningsSocial security tax =…
Q: choose best answer
A: Step 1: Definition of Variable Expenses per UnitVariable expenses per unit refer to the costs…
Q: Please solve of this required?
A: Step 1: Define Contribution Margin (CM) RatioThe Contribution Margin (CM) Ratio measures how much of…
Q: Hello tutor please help me answer
A: Given:Operating earnings = $280,000Original price = $150,000Selling price = $180,000 A) Capital…
Q: 4 POINT
A: Explanation of Joint Costs:Joint costs refer to the total production costs incurred before products…
Solve this questions
Step by step
Solved in 2 steps
- What asset turnover ratio is necessary to achieve an ROE of 18% ??XYZ Corp. has an operating profit margin of 7%, a debt burden of 0.8, and has financed two-thirds of its assets through equity. What asset turnover ratio is necessary to achieve an ROE of 18%? A. 1.26 B. 1.61 C. 2.14 D. 4.02 provide step by step calculation with step titleNone
- Croc Gator Removal has a profit margin of 8 percent, total asset turnover of 1.0, and ROE of 14.46 percent. What is this firm's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)If Epic, Inc. has an ROE of 25%, an equity multiplier of 4, and a profit margin of 12%, what is the total asset turnover ratio? a. 0.0833 b. 0.192 c. 0.5208 d. 0.75Croc Gator Removal has a profit margin of 10 percent, total asset turnover of 1.02 and ROE of 14.44 percent. What is the firm's debt-equity ratio? ( Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16) Debt-equity ratio________ times
- Need answer with this accounting questionDuPont Analysis If Epic, Inc. has an ROE = 18%, equity multiplier = 4.7, a profit margin of 11.3%, what is the total asset turnover ratio? (Round your answer to 4 decimal places.)Manufacturer A has a profit margin of 2.0%, an asset turnover of 1.7, and an equity multiplier of 4.9. Manufacturer B has a profit margin of 2.3%, an asset turnover of 1.1, and an equity multiplier of 4.7. How much asset turnover should manufacturer B have to match manufacturer A's ROE?
- Need help with this accounting questionAssume that the Profit Margin for Teebow, Inc., is 4.92%. The company's Total Asset Turnover is 1.8 times. Given that the equity multiplier for the company is 1.67 times, what are its ROA and ROE? It cannot be determined from the information given ROA=8.85% ; ROE = 14.79% ROA=10% ; ROE=15% ROA=13.04% ; ROE=18.85%Please provide answer the accounting question