Question

what is amount of liabilities? net inc. 50000, return on assets 12.12%, return on equit 40%

what is amount of liabilities? net inc. 50000, return on assets 12.12%, return on equit 40%
0 0
Add a comment Improve this question Transcribed image text
Answer #1

The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

Answer Total assets = net income / return on assets = 50000/12.12% = $412500 Equity = net income / return on equity = 50000/4

Add a comment
Know the answer?
Add Answer to:
what is amount of liabilities? net inc. 50000, return on assets 12.12%, return on equit 40%
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT