tour comprete) Vicksburg Laundry reported assets of $850 and equity of $600. What is Vicksburg's debt...
Ques QC2-10 (similar to) Pithville Laundry reported assets of $1,000 and equity of $675. What is Pithvile's debt ratio? (Round your answer to the nearest whole number.) ОООО A 48% B. 58% C.33% OD. Not enough information is provided
A firm has total assets of $1.930,000 and stockholders equity is $612,000. What is the debt to total asset ratio? (Round your answer to the nearest whole percent.) Multiple Choice O O 84% 68% O a None of the items A firm's long-term assets = $60,000, total assets = $210,000, inventory $25,000 and current liabilities $40,000. What are the firm's current ratio and quick ratio? Round your answer to 1 decimal place.) Multiple Choice Current ratio-88, quick ratio - 1...
The Sour Pickle Company has a debt-equity ratio of 1.37. Return on assets is 7.62 percent, and total equity is $685,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations and...
Shelton Company has a debt−equity ratio of 1.28. Return on assets is 7.53 percent, and total equity is $640,000. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Equity multiplier times What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on equity % What is the net income? (Do not round intermediate...
SME Company has a debt-equity ratio of .70. Return on assets Is 7 percent, and total equity is $481,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What is the net income? (Do not round intermediate calculations and round your answer to...
SME Company has a debt-equity ratio of .60. Return on assets is 7.9 percent, and total equity is $510,000. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16) What is the net income? (Do not round intermediate calculations and round your answer to the...
Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.20 times at the end of 2018. The firm's total assets at year-end were $28.60 million. How much of their assets are financed with debt and how much with equity? (Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 3 decimal places.)
KMS corporation has assets of $400 million, $40 million of which are cash. It has debt of $100 million. If KMS repurchases $13.3 million of its stock: a. What changes will occur on its balance sheet? b. What will be its new leverage ratio? a. What changes will occur on its balance sheet? (Select the best choice below.) O A. Both the cash balance and shareholder equity will increase by $13.3 million OB. Both accounts receivable and shareholder equity will...
At the end of 2017, Alphabet, Inc., reported stockholders’ equity of $152,502 million and total assets of $197,295 million. Its balance in stockholders’ equity at the end of 2016 was $139,036 million. Net income in 2017 was $12,662 million. a. Calculate Alphabet, Inc., return on equity ratio for 2017. (Round your answer to one decimal place.) b. Calculate its debt-to-equity ratio as of December 31, 2017. (Hint: Apply the accounting equation to determine total liabilities.) Round your answer to one...
Shelton Company has a debt-equity ratio of 1.41. Return on assets is 7.66 percent, and total equity is $705,000 Iculations and round your answer to 2 decimal places, e.g, 32.16.) Equity multiplier What is the return on equity? (Do not round intermediate calculations and enter your answer as a Return on equity What is the net income? (Do not round intermediate calculations and round your answer to the nearest w Net income times hole number, e.9, 32)