Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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#5 O
Category
Prior year
Current
year
Accounts payable
41,400
45,000
Accounts receivable
115,200
122,400
Accruals
16,200
13,500
Additional paid in capital
200,000
216,660
Cash
???
???
Common Stock @ par value
37,600
42,000
COGS
131,400
174,291.00
Depreciation expense
21,600
23,154.00
Interest expense
16,200
16,447.00
Inventories
111,600
115,200
Long-term debt
135,000
137,086.00
Net fixed assets
375,289.00
399,600
Notes payable
59,400
64,800
Operating expenses (excl.
depr.)
50,400
61,944.00
Retained earnings
122,400
136,800
Sales
255,600
337,419.00
Taxes
9,900
19,240.00
What is the current year's return on equity (ROE)?
Submit
Answer format: Percentage Round to: 2 decimal places
(Example: 9.24%, % sign required. Will accept decimal
format rounded to 4 decimal places (ex: 0.0924))
unanswered
not_submitted
Attempts Remaining: Infinity
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Transcribed Image Text:#5 O Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 174,291.00 Depreciation expense 21,600 23,154.00 Interest expense 16,200 16,447.00 Inventories 111,600 115,200 Long-term debt 135,000 137,086.00 Net fixed assets 375,289.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. depr.) 50,400 61,944.00 Retained earnings 122,400 136,800 Sales 255,600 337,419.00 Taxes 9,900 19,240.00 What is the current year's return on equity (ROE)? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) unanswered not_submitted Attempts Remaining: Infinity
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