Chapter 17, Problem 17.15BE

Which financial ratio measures a company’s profitability by comparing net income to its average total assets?a) Return on Equity (ROE)b) Gross Profit Marginc) Return on Assets (ROA)d) Debt-to-Equity Ratio

What's the depreciation expense?

Accounting?

The difference between a company's sales and cost of goods sold is referred to as the: a. gross profit. b. net income. c. retained earnings. d. gain on the sale. e. operating profit.

Beginning inventory was $4,000, purchases totaled $31,000, and sales were $20,000. What is the ending inventory?

I want to this question answer general accounting

general accounting

Sterling Corporation sells a single product. Its annual revenue is $900,000, and profit is $40,000. Fixed costs amount to $210,000. What is its operating leverage?

Sanchez Company's output for the current period was assigned a $200,000 standard direct materials cost. The direct materials variances included a $5,000 favorable price variance and a $3,000 unfavorable quantity variance. What is the actual total direct materials cost for the current period? a. $208,000. b. $205,000. c. $192,000. d. $202,000. e. $198,000.