Anderson Home Solutions has total assets for the year of $24,600 and total liabilitics of $11,200. A. Use the accounting equation to solve for equity. B. If next year's assets increase by $6,200 and equity decreases by $2,900, what would be the amount of total liabilitics for Anderson Home Solutions?

Hello, just need help on net income and return on equity

What is the net income for this financial accounting question?

Question: Rick's Travel Service has asked you to help piece together financial information on the firm for the most current year. Managers give you the following information: sales are $8.0 million, total debt is $3.5685 million, debt ratio is 65 percent, and ROE is 17.8 percent. Using the above information, calculate Rick's ROA

What is Acme's net income for the year on these financial accounting question?

Please give me answer general accounting

What is the return on assets? Please given correct answer general accounting

please step by step solution.

Rick's ROA?

A company reports net income of $69,000 for the year. At the beginning of the year, it had $590,000 in assets. By the end of the year, assets were $790,000. Required: 1. Compute return on assets for the current year. 2. Did the company perform better or worse than its competitors who reported an 17% return on assets? Complete this question by entering your answers in the tabs below. Required A Required B Compute return on assets for the current year. Choose Numerator: 1 Choose Denominator: