You have the following data for a company. What is the return on assets (ROA)? Return on equity =15 %; Earnings before taxes = $50,000; Total assets turnover = 1.2; Profit margin = 7.5%; Tax rate = 35%.
Q: Questions Of Financial Account For its first year of operations, Tringali Corporation's…
A: Calculate Tringali Corporation's deferred income tax liability at the end of its first year of…
Q: Need help with this question solution general accounting
A: Step 1: Computation of adjusted book valueBook value = $620,000The value of equipment needs to be…
Q: Hi expert please give me answer general accounting
A: Step 1: Define Operating CycleOperating cash flow refers to the duration in which a company converts…
Q: An asset was acquired by Hugo and Sons for a first cost of $100,000 via a 10% per year loan that…
A: Step 1: Key Components for Taxable IncomeTo calculate taxable income, we need to account for the…
Q: Provide answer
A: Risk-pattern analysis is the process of relating the various risks to the various risks in a system…
Q: SUBJECT = COST ACCOUNT Harris Corporation produces a single product. Last year, Harris manufactured…
A: To calculate the contribution margin per unit, we first need to determine the selling price per…
Q: Need help with this general accounting question
A: Step 1: Define Callable BondsA callable bond is a debenture issued with a call provision. This call…
Q: Subject: Cost Account Deboer Company, which has only one product, has provided the following data…
A: Under variable costing, period costs include:Fixed manufacturing overhead costs (expensed in full as…
Q: The output of a company mixing department solve this general accounting question
A: Step 1: Define Equivalent Units of ProductionIn process costing, each fully completed unit is…
Q: Do fast answer of this question solution general accounting
A: Step 1: Define Costing ProcessJoint costing involves allocating costs to multiple products from a…
Q: Variable costing option. answer carefully. (general account)
A: All of the Following Statements Are True About Variable Costing ExceptVariable Costing…
Q: Need Answer
A: Under variable costing, product costs include only the following manufacturing costs:Direct…
Q: Get correct answer accounting questions
A: Step 1: Define Accounts ReceivableWhen a business sells goods on credit, the sales revenue is…
Q: Nafth Company has an Equipment Services Department that performs all needed maintenance work on the…
A: Step 1:First calculate the predetermined overhead rate: Predetermined overhead rate = Budgeted…
Q: Find the period cost
A: To calculate the total amount of period costs, we need to identify which costs from the list qualify…
Q: Posted to General Account Tutor space. please help to find out true option
A: Key Information:Direct materials are added at the beginning of the process (100% complete for all…
Q: Ivanhoe Distribution Co. has determined its December 31, 2017 inventory on a LIFO basis at $890,000.…
A: Step 1: Understand the Lower-of-Cost-or-Market RuleUnder the LCM rule, inventory is valued at the…
Q: Financial Account . profit tax for the year??
A: Step 1: Understand the Branch Profits TaxThe U.S. branch profits tax applies to foreign corporations…
Q: Hello all expert answer this general account question.
A: Key Concepts and DefinitionsPassive Income or Loss:Passive income is generally derived from rental…
Q: Please provide answer the following requirements a and b on this general accounting question
A: Step 1: Define Flotation CostFlotation cost can be defined as the total amount of money spent by the…
Q: Financial Accounting
A: Step 1:Dividend yield shows the relationship between dividend per share and the current price per…
Q: Perfect Answer give. @general account
A: First, determine the number of units sold. This would help us calculate the cost of goods sold for…
Q: Provide correct answer general accounting
A: Step 1: Definition of Contribution MarginThe Contribution Margin is the amount of revenue from sales…
Q: Please given answer general accounting question
A: Step 1: Define Ending InventoryEnding inventory is the level of finished goods left with the company…
Q: Financial accounting
A: Step 1: define Factory OverheadFactory overhead should be allocated using a base related to (causes)…
Q: Financial A..question please provide correct answer
A: Step 1: Define Pre-determined Overhead RateBusinesses use a pre-determined overhead application rate…
Q: Can you please solve this financial accounting issue without use Ai?
A: Step 1: Define Total AssetsIn accounting, the equation used to determine the value of the total…
Q: Choose best option. Tagline is. General account
A: To determine the total period cost under variable costing, we must include all fixed costs and…
Q: Please provide correct solution for this general accounting question
A: Step 1: Define Total AssetsTotal assets represent all resources owned by a company that are expected…
Q: Financial Account - In March 2015, Sparrow Corporation hired three individuals Austin, Adam, and…
A: The Work Opportunity Tax Credit (WOTC) is available to employers for hiring individuals from certain…
Q: Please given correct answer
A: The Days Sales Outstanding (DSO) is calculated using the formula:DSO=Average Accounts Receivable/Net…
Q: General accounting question not use ai
A: Step 1: Define Degree of Operating LeverageThe degree of operating leverage is a financial concept…
Q: Domebo Corporation has entered into a 8 year lease for a piece of equipment. The annual payment…
A: Step 1: Information givenAnnual Lease Payment (P) = $3,200Interest rate (r) = 14% or 0.14Time = 8…
Q: If convertible bond has conversion ratio solve this accounting questions
A: Step 1: Information givenConversion ratio = 20Stock's market price = $15Coupon rate is not required…
Q: I need answer of this question solution general accounting
A: Detailed explanation:Revenue$ 800,000,000…
Q: Need help with this accounting question
A: Step 1: Define Gross Profit MarginGross Profit Margin is a financial metric that measures the…
Q: Do fast provide answer this general accounting question
A: The company applies manufacturing overhead to jobs based on direct labor costs. At the end of the…
Q: Right Answer
A: Explanation of Revenue Recognition:Revenue recognition is the accounting principle that dictates…
Q: Theoretical Question of General Accounting 6 points
A: Definitions Related to the Conservatism PrincipleConservatism Principle in Accounting:The…
Q: Initial Investment, Alternative Incremental ROR, %, when Compared with Alternative. Alternative $…
A: Approach: Because the choices are incompatible, incremental rate of return analysis was employed.…
Q: The expected variable cost per unit is 12.79 but use 13
A: Step 1: Identify the estimated number of units soldStep 2: Determine the variable cost per unit used…
Q: Subject = General account. provide short answer please
A: To calculate how much the special order will increase or decrease the company's net operating income…
Q: Answer the financial accounting problem
A: Explanation of Business Interruption Insurance:Business interruption insurance provides coverage to…
Q: Provide correct answer general accounting
A: Detailed explanation:Question : Days to collect outstanding accounts receivable during year 2Given :…
Q: Financial accounting question
A: Step 1: Define AssetsIn financial accounting, the assets are financial and non-financial resources…
Q: On May 12, year 1, Chewco Co. Purchased... Please provide answer the general accounting question
A: Step 1: Define Comprehensive IncomeA company's comprehensive income is the sum of its net income as…
Q: Product cost was?
A: To calculate the variable costing unit product cost, include only the variable manufacturing costs…
Q: Hello teacher please provide answer accounting questions
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Do fast answer of this general accounting question
A: To determine the Cost of Merchandise Sold (COMS) for June, we use the following formula:Cost of…
Q: Need answer the general accounting question not use ai and chatgpt
A: Follow this formula of cost of goods sold.Cost of goods sold = Beginning inventory + Purchases -…
Financial accounting
Step by step
Solved in 2 steps
- You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.What is the amount of the net income? AccountingA company has the following income statement. What is its net operating profit after taxes (NOPAT)? Round it to a whole dollar. Sales $ 1,200 Costs 600 Depreciation 170 EBIT $ ? Interest expense 50 EBT $ ? Taxes (20%) ? Net income $ ?
- Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit after taxes (NOPAT) = $380; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)? Select the correct answer. a. 16.92% b. 16.52% c. 17.12% d. 16.72% e. 16.32%Tibbs Inc. had the following data for the year ending 12/31/12: Net income = $400; Net operating profit after taxes (NOPAT) = $450; Total assets = $2,600; Short-term investments = $200; Stockholders' equity = $1,600; Total debt = $1,000; and Total operating capital = $2,200. What was its return on invested capital (ROIC)? Group of answer choices 14.32% 22.50% 16.36% 20.45% 18.41%Assume that a company has the following data: EBIT=1,200 EBITDA Margin=9.4% Tax rate 39% Net PP&E=2680 Net Working Capital=812 Sales = 14351 Depreciation and Amortization=376 Stores=400 Calculate Return on Capital (or ROIC) Please show your work.
- Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit after taxes (NOPAT) = $480; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)?Need answer with this accounting questionBaby Camels Inc. had the following data for the year ending 12/31/12: Net income = $1,500; EBIT $3,225; Tax Rate = 45%; Total assets = $4,900; Short-term investments = $600; = Stockholders' equity = $2,000; Total debt = $1,900; and Total operating capital = $4,475. What was its return on invested capital (ROIC)? O 30.61% 33.52% 39.64% 65.82% ○ 72.07%
- A firm has a ROE of 16.875%, asset turnover of 2.5, and an equity multiplier of 1.5. If the firm has sales revenue of $10,000, what is the net income?Assume that your firm has a return on assets of 14.7% , sales of $16,625,000, total assets of $4,750,000, a return on equity of 36.75%, an interest rate on total debt of 10 percent, and a tax rate of 40 percent. Given this information, determine the firm's basic earnings power. (Hint: you may need to work an income statement backwards to get EBIT, in which case you will need to determine the firm's net income or profit, as well as its interest expense on total debt.)A company has the following items for the fiscal year 2020: Revenue = 10 million EBIT = 4 million Net income = 2 million Total Equity = 15 million Total Assets = 30 million Calculate the company’s net profit margin, asset turnover, equity multiplier and ROE