You are given the following relationships for a company: Sales/total assets 1.5x Return of assets 3% Return on equity 8% What is the profit margin and the debt ratio?
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: I need this question answer general Accounting
A: Step 1: Define Method of ComparableThe method of comparable evaluates the price of a stock based on…
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: Please given correct answer general accounting
A: The lower-of-cost-or-market rule is used to value inventory. For each inventory category, compare…
Q: Kindly help me with accounting questions
A: To calculate the direct materials price and quantity variances, we will use the following formulas:…
Q: Accounting question
A: To calculate the product cost per unit under absorption costing, we include all manufacturing costs,…
Q: Provide answer general accounting
A: Step 1: Define Capital AssetFirms purchase capital assets to run their business operation and…
Q: Vyom Inc. Produces and sells a single product
A: Given:- Selling price per unit = **$240**- Variable cost per unit = **$75**- Fixed costs =…
Q: You are interviewing three people for one sales job. On the basis of your experience, you believe…
A: Step by step calculation:Mike's Efficiency:Sales per dollar = 600/200 = 3 units per dollar Jerry's…
Q: Xyz retail has annual cost of goods sold solution general accounting question
A: Step 1: Determine the annual cost of goods sold (COGS)Step 2: Determine the inventory valueStep 3:…
Q: Financial accounting
A: Step 1: Define Auto LoanWhen the monetary resources are borrowed to purchase a vehicle, it is…
Q: Need Answer in this account questions.
A: Step 1: Calculate Net Realizable Value (NRV) for Each ItemThe NRV is calculated as:…
Q: I want correct answer
A: Explanation of Wages Expense:Wages expense refers to the total amount a company incurs for employee…
Q: Please provide this question solution general accounting
A: Step 1: Definition of Economic Order Quantity (EOQ)Economic Order Quantity (EOQ) is the optimal lot…
Q: After the accounts are adjusted and closed at the end of the year, accounts receivable have a final…
A: To calculate the net realizable value of accounts receivable, subtract the estimated doubtful…
Q: help
A: Explanation of Estimated Factory Overhead:This represents the total predicted manufacturing overhead…
Q: Question 24
A: Explanation of Customer AdvancesCustomer advances represent payments received by a company from…
Q: Don't use ai given answer general accounting questions
A: Step 1: Define Average Collection PeriodA company's time to collect its receivables balance is…
Q: Lessee company enters into a lease solution this general accounting question
A: Step 1: Calculate the total lease obligation on Jan 1, 20X2 The lease is for 5 years with quarterly…
Q: Hi expert please give me answer general accounting
A: Step 1: Definition of Percentage-of-Completion MethodThe percentage-of-completion method recognizes…
Q: Solve this question financial accounting
A: Step 1: Define Contribution Margin AnalysisA contribution margin analysis is a tool used in…
Q: I need this question answer general accounting
A: APR = No. of periods*((1+EAR)^(1/No. of periods)-1) APR = 12*((1+6.43%)^(1/12)-1) APR = 6.25%
Q: Prince Corporation acquired 100 percent of Sword Company on January 1, 20X7, for $187,000. The trial…
A: Prince Corporation acquired Sword Company for $187,000. The book value of Sword's net assets was…
Q: Provide answer financial accounting
A: Step 1: Define Holding Period ReturnThe holding period return for an investor represents the return…
Q: Please Solve Accounting question
A: Step 1: Determine the Temporary Difference Step 2: Calculate Current Tax Payable Step 3: Calculate…
Q: Equipment with a cost of $1,912,000 has an estimated salvage value of $52,000 and an estimated life…
A: Explanation of Depreciable Amount: Depreciable amount is the total cost that will be allocated as…
Q: General Accounting question
A: Step 1: Define Present ValueWhen investing, it is important to estimate the future earnings of the…
Q: None
A: Step 1: Define Tax LiabilityA company's tax liability is the amount due to the Internal Revenue…
Q: General accounting
A: Step 1: Determine the liabilities at the beginning of the year using the formulaStep 2: Calculate…
Q: None
A: Formula for the Fair Value of a Growing Perpetuity:The fair value (FV) of a growing perpetuity can…
Q: Sagehen Enterprises reports pretax financial income of $80,000 for 2012. The following cause taxable…
A: Step 1: Understand the ProblemPretax Financial Income: $80,000 (financial reporting income before…
Q: General accounting
A: Step 1: Define Common StockholderThe person holding at least one share of the corporation…
Q: What is the fair value of an investment that pays solve this question general Accounting
A: To calculate the fair value of the investment, you can use the formula for the present value of a…
Q: Financial accounting
A: Explanation: The amount of income tax expense for 2019 will be = Current tax expense for 2019 +…
Q: Prblm 7.9 financial accounting
A: To calculate the break-even point in monthly unit sales, we use the formula: Break-even units =…
Q: The Swifty Company decided to analyze certain costs for June of the current year. Units started into…
A: Calculate the conversion cost per unit, we need to determine the equivalent units of production…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Permit ExpensePermit expense refers to the portion of a prepaid expense, like…
Q: Not use ai solution given correct answer financial Accounting
A: Step 1: Define Adjusted Cost BasisThe adjusted cost basis is the cost value of any asset or security…
Q: Please solve this question general accounting
A: Step 1: Determine the liabilities at the beginning of the year using the formula• Liabilities =…
Q: Kindly help me with accounting questions
A: Step 1: Define Variance AnalysisVariance analysis is the comparison of standard costs and the actual…
Q: Provide correct answer general Accounting
A: Step 1: There are two methods to calculate the product cost per unit i.e., variable costing and…
Q: During its first year of operations, Nile.com reported an operating loss of $15 million for…
A: To recognize the income tax benefit of the operating loss, a deferred tax asset is recorded because…
Q: manage to solve it. tag. general account
A: What are Equivalent Units?In process costing, equivalent units measure the amount of work done…
Q: Need answer the financial accounting question not use ai
A: Step 1: Define Holding Period Return (HPR)The holding period return for a stock investment denotes…
Q: Glenn Corporation had the following list of account
A: Explanation of Net SalesNet sales represent the total revenue a company earns from selling its…
Q: General Accounting Solution
A: To calculate the stockholders' equity, we use the basic accounting equation: Assets = Liabilities +…
Q: Calculate Saturn's operating income using absorption costing? General accounting
A: Step 1: Definition of Absorption CostingAbsorption costing is a costing method where all…
Q: Brighton manufacturing produces tennis ball solve this accounting questions
A: 1) Direct materials price variance = (Actual price - Standard price) x Actual quantity Actual price…
Q: Parker manufacturing company produces
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is calculated…
Q: Account problrms
A: Key InformationCost of Goods Available for Sale: $820,000Gross Profit Rate: 30%Sales: $600,000Step…
What is the profit margin and the debit ratio ? General accounting
Step by step
Solved in 2 steps
- Which of the following ratios is used to measure a firms profitability? a. Liabilities Ă· Equity c. Sales Ă· Assets b. Assets Ă· Equity d. Net Income Ă· Net SalesDefine each of the following terms: Liquidity ratios: current ratio; quick, or acid test, ratio Asset management ratios: inventory turnover ratio; days sales outstanding (DSO); fixed assets turnover ratio; total assets turnover ratio Financial leverage ratios: debt ratio; times-interest-earned (TIE) ratio; EBITDA coverage ratio Profitability ratios: profit margin on sales; basic earning power (BEP) ratio; return on total assets (ROA); return on common equity (ROE) Market value ratios: price/earnings (P/E) ratio; price/cash flow ratio; market/book (M/B) ratio; book value per share Trend analysis; comparative ratio analysis; benchmarking DuPont equation; window dressing; seasonal effects on ratiosGive true answer
- general account questions answer needWhat is the debit equity ratio on these accounting question?5. Profitability ratios Profitability ratios help in the analysis of the combined impact of liquidity ratios, asset management ratios, and debt management ratios on the operating performance of a firm. Your boss has asked you to calculate the profitability ratios of Diusitech Inc. and make comments on its second-year performance as compared with its first-year performance. The following shows Diusitech Inc.'s income statement for the last two years. The company had assets of $4,700 million in the first year and $7,518 million in the second year. Common equity was equal to $2,500 million in the first year, and the company distributed 100% of its earnings out as dividends during the first and the second years. In addition, the firm did not issue new stock during either year. Diusitech Inc. Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 2,540 2,000 1,610 1,495 127 80 1,737 803 80 723 181 542 Net Sales Operating costs except depreciation and…
- 1. Provide the equation for each ratio listed. 2. What does each ratio listed tell you about the company? 3. Compare the company ratios to the standard ratios, and give an overall analysis of the company.Using the information from 27A prepare the following ratios: gross profit margin profit margin return on assets earnings per share current ratio acid test ratio debt ratio Indicate what each is used for (ie: measuring efficiency, solvency etc)Exp
