Question: Lee Sun's has sales of $3,500, total assets of $3,200, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity?
Q: The following are some of the year-end balances of Tyagi Company: 20X120X0 Unbilled Revenue 1,800…
A: c) Rent ExpenseRent expense is calculated as:Rent Expense=Rent Paid+Ending Prepaid Rent−Beginning…
Q: Want the Correct answer
A: Calculation StepsCalculate the total variable costs:Total variable cost per unit:Correct AnswerThe…
Q: None
A: Definition of Allowance for Bad DebtsAn allowance for bad debts accounts is a contra asset account…
Q: GIVE PROPER EXPLANATION OF COST OF GOODS AND GROSS MARGIN. YOU MADE A SALE FOR $588,000. THE…
A: If you make a sale for $588,000 and the gross margin is 61%, we need to solve for what the cost of…
Q: Crane Industries expects credit sales for January, February, and March to be $281,600, $332,800, and…
A: Step 1: Calculate Cash Collections for Each MonthJanuary:Collected in January (75% of January sales)…
Q: mni.3
A: From the question, we know that we have purchased put options for 2,300 shares of Target stock with…
Q: provide answer please
A:
Q: I tutor provide Answer with calculation
A: Stockholders contribute $11,200 cash in exchange for common stock.Assets: Increase by $11,200…
Q: Made the Perfect answer
A: To address the given problem, we will use the high-low method to estimate the variable and fixed…
Q: Need Help please provide
A: Step 1:a) The NPV is of the purchase of the new machine if you take into account only the…
Q: want answer
A: Total Asset Turnover Ratio = Net Sales ÷ Average Total AssetsTo compute for net sales, we use the…
Q: Coronado Company estimates that unit sales will be 9,200 in quarter 1, 12,880 in quarter 2, 13,800…
A: Detailed explanation:Sales budget shows the estimated units expected to be sold per quarter. The…
Q: PROVIDE Answer with calculation
A: Step 1: Introduction to Manufacturing Overhead:Manufacturing overhead includes all the indirect…
Q: I want answer of this Question
A: Step 1:Calculate the capital gain or loss for Brighton Corp. based on the information provided.…
Q: QUESTION: 23 Alaskan Fisheries, Inc., processes salmon for various distributors and it uses the…
A:
Q: Alfa completed the following transactions during the year ended 31 December 20x7 Credit sales during…
A: The problem is asking us to calculate the balance of receivables that will appear in the Statement…
Q: After the accounts have been adjusted at June 30, the end of the fiscal year, the following balances…
A: Closing entries are entries prepared at the end of the accounting period to "zero out" all nominal…
Q: Which of the following statements correctly describes the reporting of cash? O Cash is listed first…
A: Cash is listed first in the current assets section.This statement is correct. In the balance sheet,…
Q: Provide the Correct answer of what is the
A: Part 2: ExplanationStep 1: Stockholders' contribution of $11,200 in cash:- Assets: Cash increases by…
Q: eBook Show Me How Print Item Equity Investments: Less than 20% ownership On September 12, 3,800…
A: September 12The entry debits Investment in Denver Company Stock for the total cost including the…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: Hello student! A Flexible Budget shows the value of costs in different activity levels. The changes…
Q: I want the Answer of this Question
A: I. Transaction Analysis (Effect on Accounting Equation) a. Stockholders contribute $11,200 cash to…
Q: None
A:
Q: Required information. Cost Classifications (Static) [The following information applies to the…
A: Product costs are inventoriable cost which means they form part of the cost of the…
Q: QUESTION: In September, one of the processing departments at Farquer Corporation had beginning work…
A: Step 1: Definition of the Cost ReconciliationA reconciliation statement is used to reconcile the…
Q: Provide Correct answer please
A: Step 1: Introduction to Gross profit percentageGross profit percentage is one of the types of…
Q: Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its…
A: To determine the total manufacturing cost assigned to Job A-500 and the unit product cost, we need…
Q: need help with this question
A: Step 1: Introduction to Book Value of assets:Book value of assets refers to that value of an asset…
Q: Need Correct option
A: Bank Reconciliation Statement:A statement that compares the bank balance of a company with its bank…
Q: please provide answer of this Question
A: Detailed explanation:Period Costs are costs not related to production but are necessary to run the…
Q: HS15 Sydney weghaara ego nke $150 site na iji ndenye ego ejikotara na akauntų kaadi kredit ya. ulo…
A: Iji gụpụta mmasị maka ọnwa 1 na APR nke 20%, anyị ga-ebute ọnụego mmasị ọnwa na ngwa ya na ego…
Q: A partial listing of costs incurred during December at Gagnier Corporation appears below: Factory…
A: Approach to solving the question:Period costs are expenses that are not considered as part of the…
Q: Betty is a Human Resource Associate for a small factory, and management asked her department to…
A: Step 1: To get the current year average, find the sum of the current year hourly wages then divide…
Q: + Question:8 Sales COGS Gross profit G&A expenses Sales & Marketing expenses Depreciation Operating…
A: Using the values in the table; 1. Calculate SalesSales = Gross profit + COGSSales = $1,600,000 +…
Q: Need Help with this Question with
A: Definition of Inventory:Finished goods which are ready for sales but kept on the company premises is…
Q: provide answer for all needed
A:
Q: None
A: For the salary allowances, we simply copy the given as per the partners' agreement. We deduct the…
Q: Electro Inc. produced 120,000 connector units. The variable manufacturing cost per unit was $25.50,…
A: Step 1: Show formula version of the solution sheet for a better understanding of the calculations:…
Q: In a new business during the year ended 31 December 20x3 the following debts are found to be…
A: The first step is to identify the debts that are irrecoverable. These are the debts that the…
Q: Provide Answer about this Question pls
A: Approach to Solving the Question: Understand the Problem: We need to determine the ending balances…
Q: Millstone Public House averages sales of $6 per guest when serving 20,000 guests. The restaurant's…
A: Step 1: Step 2:
Q: D File Edit View History Bookmarks Profiles Tab Window Help Inbox (2 x |M ACC101 X (4726) IxAccount…
A: ItemSystem ComponentReason1. Employee earnings recordsInformation StorageNeeds to be saved for…
Q: Need help
A: Bank reconciliation
Q: on 1 January 20x2 the following balances, among others, stood in the books of B. Alfa:a) lighting…
A: In order to calculate the insurance, lighting, and heating amounts for the year that concluded on…
Q: Need Help with this Question
A: 1. Calculation of sales: Sales = Gross profit + COGS= $1,600,000 + $575,000= $2,175,000 2.…
Q: Flounder Tech produces 60000 iPhone adapters with the following costs: Direct Materials $13000…
A: To determine the maximum external price that Flounder Tech would be willing to accept to acquire the…
Q: Provide answer please
A: Step 1:
Q: me File Edit View History M Inbox (2 x M ACC1011 Bookmarks Profiles Tab Window Help x (4726) IF X…
A: Detailed explanation:Accounts Receivable ledger "Feb 3, the debit of $ 410 increased the balance of…
Q: provide required answer please
A: Step 1: Show formula version of the solution sheet for a better understanding of the calculations:…
Q: None
A: Step 1: Whenever the sample size increases, the width of the confidence interval decreases The…
Step by step
Solved in 2 steps with 1 images
- Using the Du Pont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporation has a profit margin of 5 percent and its return on assets (investment) is 22.5 percent. What is its assets turnover? (Round your answer to 2 decimal places.) b. If the Butters Corporation has a debt-to-total-assets ratio of 55.00 percent, what would the firm's return on equity be? (Input your answer as a percent rounded to 2 decimal places.) c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 50.00 percent? (Input your answer as a percent rounded to 2 decimal places.)A firm has sales of $800, total assets of $500, and a debt/equity ratio of 1.5. If its return on equity is 18%, what is its net income?Using the DuPont method, evaluate the effects of the following relationships for the Butters Corporation. a. Butters Corporation has a profit margin of 5.5 percent and its return on assets (investment) is 15.5 percent. What is its assets turnover? Note: Round your answer to 2 decimal places. Assets turnover ratio b. If the Butters Corporation has a debt-to-total-assets ratio of 25.00 percent, what would the firm's return on equity be? Note: Input your answer as a percent rounded to 2 decimal places. Return on equity % Return on equity times c. What would happen to return on equity if the debt-to-total-assets ratio decreased to 20.00 percent? Note: Input your answer as a percent rounded to 2 decimal places. $
- Toby’s has a profit margin of 8.6 percent, a return on assets of 14.5 percent, and a debt to equity ratio of 1.4. What is the return on equity?1.If Gwen, Inc. has a total debt ratio of 0.8, a total asset turnover of 0.33, and a net profit margin of 10%. Calculate the return on equity (ROE). Enter percentages as decimals and round to 4 decimals.Accounting Renty has a debt-equity ratio of 35 percent, sales of $13,500, net income of $2,200, and total debt of $11,200. What is the return on equity?
- Calculating Profitability Ratios Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. If the profit margin is 6 percent, what is the net income? What is the ROA? What is the ROE?1. The Wilson Corporation has the following relationships:Sales/Total assets 2.0Return on assets (ROA) 4.0%Return on equity (ROE) 6.0%What is Wilson’s profit margin and debt ratio?You have access to the following information and want to calculate the debt-to-equity ratio for the firm. Return on Equity: 23.87% Profit Margin: 13.81% Total Asset Turnover: 0.65 Answer as a DECIMAL using two decimal places.
- Naraine Cars has sales of $3,850, total assets of $4,350, and a profit margin of 5 percent. The firm has a total debt ratio of 20 percent. What is the return on equity?King, Inc. has sales of $900,200, total assets of $1,200,100, and a profit margin of 10.68 percent. The firm has a total debt ratio of 80 percent. What is the return on equity?Suppose we have the following information: Sales $112,851 Assets $131,468 Net profit margin (NPM) = 17 percent Debt Ratio 55 percent What is the return on equity (ROE)? =
