Water Services had net income for the month of OctoberOctober of $ 50 comma 880$50,880. Assets...
Water Services had net income for the month of
OctoberOctober
of
$ 50 comma 880$50,880.
Assets as of the beginning and end of the month totaled
$ 362 comma 000$362,000,
and
$ 486 comma 000$486,000,
respectively. Calculate
MaturedMatured
Water Services'
ROA
for the month of
OctoberOctober.
Homework Answers
Add Answer to:
Water Services had net income for the month of
OctoberOctober
of
$ 50 comma 880$50,880.
Assets...
pls solve this and explain me S1-16 Calculating ROA Matured Water Services had net income for...
pls solve this and explain me
S1-16 Calculating ROA Matured Water Services had net income for the month of October of $50,880. Assets as of the beginning and end of the month totaled $362,000, and $486,000, respec. tively. Calculate Matured Water Services' ROA for the month of October.
Micha Mchame e propri fa ppe gtcopAe c dPe Coe The b haah d valued a...
Micha Mchame e propri fa ppe gtcopAe c dPe Coe The b haah d valued a S00.000 and hp nal h bla ndly tepr or he t The chespe e ev p Michafs penl ts aet Ateeeh The Apatment Eachange records tuntu at cot f S The Aparment Exchange rports ancal atome U des Mhalpes the Apa cn Sbalanche ket val ofS13.000 oreseable u a Michaefs personal a atcorded an the company's balance et The company re market vkof $3000...
Newcastle Enterprises had net income for 2018 of $ 112 comma 000. Newcastle had 36 comma...
Newcastle Enterprises had net income for 2018 of $ 112 comma 000. Newcastle had 36 comma 000 shares of common stock outstanding at the beginning of the year and 50 comma 000 shares of common stock outstanding at the end of the year. There were 10 comma 000 shares of preferred stock outstanding all year. During 2018, Newcastle declared and paid preferred dividends of $ 27 comma 000. What is Newcastle's earnings per share? (Round the answer to two decimal...
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Spectacular Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $ 52 comma 000 and its total current liabilities totaling $ 33 comma 000. At the end of the year, these same current assets totaled $ 50 comma 000, while its total current liabilities totaled $ 27 comma 000. Net income for the year was $ 10 comma 000. Included in net income were a $ 2 comma 000 loss on the sale of land and depreciation expense...
At the end of its first month of operations, Michael's Consulting Services reported net income of...
At the end of its first month of operations, Michael's Consulting Services reported net income of $27,100. They also had account balances of: Cash, $19,400; Office Supplies, $2,350 and Accounts Receivable $10,700. The sole stockholder’s total investment in exchange for common stock for this first month was $5,350. There were no dividends in the first month. Calculate the amount of total equity to be reported on the balance sheet at the end of the month.
At the end of its first month of operations, Michael's Consulting Services reported net income of...
At the end of its first month of operations, Michael's Consulting Services reported net income of $28,300. They also had account balances of: Cash, $20,200; Office Supplies, $2,550 and Accounts Receivable $11,100. The sole stockholder's total investment in exchange for common stock for this first month was $5,550. There were no dividends in the first month. Calculate the amount of total equity to be reported on the balance sheet at the end of the month. Multiple Choice $28,300 $8,100 O...
A company reported beginning plant assets, net of depreciation, of $ 735 comma 550$735,550 ; and,...
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Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at...
Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets Liabilities 121,500 $ 52,087 179,500 72,698 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1,200 cash per month. c. No dividends were paid during the year, but the owner...
Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at...
Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $112,500 155,000 Liabilities $48,229 62,775 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1,200 cash per month c. No dividends were paid during the year, but the owner did...
At the beginning of the year, Arianne had a net worth of $4 comma 0004,000. During...
At the beginning of the year, Arianne had a net worth of $4 comma 0004,000. During the year she set aside$ 100$100 per month from her paycheck for savings and borrowed $500500 from her cousin that she must pay back in January of next year. What was her net worth at the end of the year? At the end of the year, Arianne's net worth is $nothing. (Round to the nearest dollar.)
pls solve this and explain me
S1-16 Calculating ROA Matured Water Services had net income for the month of October of $50,880. Assets as of the beginning and end of the month totaled $362,000, and $486,000, respec. tively. Calculate Matured Water Services' ROA for the month of October.
Micha Mchame e propri fa ppe gtcopAe c dPe Coe The b haah d valued a S00.000 and hp nal h bla ndly tepr or he t The chespe e ev p Michafs penl ts aet Ateeeh The Apatment Eachange records tuntu at cot f S The Aparment Exchange rports ancal atome U des Mhalpes the Apa cn Sbalanche ket val ofS13.000 oreseable u a Michaefs personal a atcorded an the company's balance et The company re market vkof $3000...
At the end of its first month of operations, Michael's Consulting Services reported net income of $28,300. They also had account balances of: Cash, $20,200; Office Supplies, $2,550 and Accounts Receivable $11,100. The sole stockholder's total investment in exchange for common stock for this first month was $5,550. There were no dividends in the first month. Calculate the amount of total equity to be reported on the balance sheet at the end of the month. Multiple Choice $28,300 $8,100 O...
Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets Liabilities 121,500 $ 52,087 179,500 72,698 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1,200 cash per month. c. No dividends were paid during the year, but the owner...
Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $112,500 155,000 Liabilities $48,229 62,775 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1,200 cash per month c. No dividends were paid during the year, but the owner did...
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