How many of the following would be included in the calculation of the return on investment...
How many of the following would be included in the calculation of the return on investment ratio?
- Inventory
- Retained earnings
- Notes payable
- Equipment
Homework Answers
following would be included:
- inventory
- equipment
EXPLANATION:
Return on investment = operating income/operating assets
wherein, operating assets includes inventory & equipment
Add Answer to:
How many of the following would be included in the calculation
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Data from the balance sheet is needed in the calculation of how many of the following...
Data from the balance sheet is needed in the calculation of how many of the following ratios? • Current ratio • Return on investment Days sales in inventory Debt ratio • Net profit percentage C2
which of the following would not be included in operating assets in return on investment calculations??...
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Classification Exercise: Based upon the items listed below, determine if they would be included on the...
Classification Exercise: Based upon the items listed below, determine if they would be included on the balance sheet or income statement. If it is on the balance sheet, determine if it is an asset, liability or equity. Account Title Common Stock (Owner's Investment) Salary Expense Salaries Payable Equipment Depreciation Expense Accumulated Depreciation Inventory Revenue Operating Income Accounts Payable Accrued Liabilities Land Cost of goods sold Retained earnings Cash Investments Net income Accounts Receivable Prepaid Insurance Classification
Can someone please explain how to do this problem please! I would greatly appreciate it? Problem...
Can someone please explain how to
do this problem please! I would greatly appreciate it?
Problem 13-4A Calculation of financial statement ratios LO P3 Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $49,900; total assets, $229,400; common stock, $84,000; and retained earnings, $42,205.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 452,600 Cost of goods sold 298,350 Gross profit 154,250 Operating...
Which of the following would not be included in the calculation of this year's GDP? a...
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Part 2 (25 Points): The following general ledger accounts are included in the trial balance for...
Part 2 (25 Points): The following general ledger accounts are included in the trial balance for an audit client, Jenkins Wholesale Office Supply Store. Accounts payable Accounts receivable Accrued interest expense Accrued sales salaries Insurance expense Interest expense Notes payable Prepaid insurance Inventory Loans payable furniture and equipment Notes receivable-trade Advertising expense Allowance for doubtful accounts Bad debt expense Cash Common stock Depreciation expense furniture Property tax expense Property tax payable Purchases Rent expense Retained earnings Salaries, office and general...
can you please explain how to get the answers as well? that would be great! Thank...
can you please explain how to get the answers as well? that would
be great! Thank you!
Summary information from the financial statements of two companies competing in the same industry follows. areo Kyan Company Company Data from the current year-end balance sheets Assets Cash $ 21.000 1.000 Accounts receivable, not 37,400 54,400 Current notes receivable (trade) 9.800 8.200 Merchandise inventory 84.840 134.500 Prepaid expenses 6,200 7,850 Plant assets, bet 290,000 306,400 Total assets $449,240 $542,350 Barco Kyan Company Company...
Can you check my work? Following is the balance sheet of Fanning Company for 2018: FANNING...
Can you check my work?
Following is the balance sheet of Fanning Company for 2018: FANNING COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 15,450 7,740 13,220 10,550 169,000 (12,400) $203,560 $ 8,120 3,888 4,550 21,900 113,200 51,910 $203,560 The average number of common stock shares outstanding during...
Question 1 (7 points) Charlie Corporation's adjusted trial balance included the following items (all account balances...
Question 1 (7 points) Charlie Corporation's adjusted trial balance included the following items (all account balances are normal): Accounts payable $65,000, Accounts receivable $42,000, Capital stock $100,000, Cash $50,000, Dividends $10,000, Goodwill $47,000, Interest expense $4,000, Interest payable $2,000, Inventory $26,000, Notes payable $80,000, Prepaid expenses $5,000, Property, plant & equipment $123,000, Retained earnings $46,000, Rent expense $18,000, Revenues $101,000, and Salary expense $60,000. How much are total assets? Your Answer:
Which of the following items would not be included in a basic earnings per share calculation?...
Which of the following items would not be included in a basic earnings per share calculation? Select one: a. undeclared dividends on cumulative preferred stock b. undeclared dividends on noncumulative preferred stock c. declared dividends on noncumulative preferred stock d. declared dividends on cumulative preferred stock
Data from the balance sheet is needed in the calculation of how many of the following ratios? • Current ratio • Return on investment Days sales in inventory Debt ratio • Net profit percentage C2
Classification Exercise: Based upon the items listed below, determine if they would be included on the balance sheet or income statement. If it is on the balance sheet, determine if it is an asset, liability or equity. Account Title Common Stock (Owner's Investment) Salary Expense Salaries Payable Equipment Depreciation Expense Accumulated Depreciation Inventory Revenue Operating Income Accounts Payable Accrued Liabilities Land Cost of goods sold Retained earnings Cash Investments Net income Accounts Receivable Prepaid Insurance Classification
Can someone please explain how to
do this problem please! I would greatly appreciate it?
Problem 13-4A Calculation of financial statement ratios LO P3 Selected year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31, 2016, were inventory, $49,900; total assets, $229,400; common stock, $84,000; and retained earnings, $42,205.) CABOT CORPORATION Income Statement For Year Ended December 31, 2017 Sales $ 452,600 Cost of goods sold 298,350 Gross profit 154,250 Operating...
Part 2 (25 Points): The following general ledger accounts are included in the trial balance for an audit client, Jenkins Wholesale Office Supply Store. Accounts payable Accounts receivable Accrued interest expense Accrued sales salaries Insurance expense Interest expense Notes payable Prepaid insurance Inventory Loans payable furniture and equipment Notes receivable-trade Advertising expense Allowance for doubtful accounts Bad debt expense Cash Common stock Depreciation expense furniture Property tax expense Property tax payable Purchases Rent expense Retained earnings Salaries, office and general...
can you please explain how to get the answers as well? that would
be great! Thank you!
Summary information from the financial statements of two companies competing in the same industry follows. areo Kyan Company Company Data from the current year-end balance sheets Assets Cash $ 21.000 1.000 Accounts receivable, not 37,400 54,400 Current notes receivable (trade) 9.800 8.200 Merchandise inventory 84.840 134.500 Prepaid expenses 6,200 7,850 Plant assets, bet 290,000 306,400 Total assets $449,240 $542,350 Barco Kyan Company Company...
Can you check my work?
Following is the balance sheet of Fanning Company for 2018: FANNING COMPANY Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 15,450 7,740 13,220 10,550 169,000 (12,400) $203,560 $ 8,120 3,888 4,550 21,900 113,200 51,910 $203,560 The average number of common stock shares outstanding during...
Question 1 (7 points) Charlie Corporation's adjusted trial balance included the following items (all account balances are normal): Accounts payable $65,000, Accounts receivable $42,000, Capital stock $100,000, Cash $50,000, Dividends $10,000, Goodwill $47,000, Interest expense $4,000, Interest payable $2,000, Inventory $26,000, Notes payable $80,000, Prepaid expenses $5,000, Property, plant & equipment $123,000, Retained earnings $46,000, Rent expense $18,000, Revenues $101,000, and Salary expense $60,000. How much are total assets? Your Answer:
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