Catherine's Consulting paid dividends of $3,300 and total equity of $39,450. The debt-equity ratio is 1...
Catherine's Consulting paid dividends of $3,300 and total equity of $39,450. The debt-equity ratio is 1 and the plowback ratio is 40 percent. What is the return on assets? Multiple Choice 6.24 percent 6.09 percent 7.23 percent 6.97 percent 5.72 percent
Homework Answers
Return on assets = 6.97 Percent
Explanation;
Return on Assets = Net income / Total assets
Net income ($3300 / 0.60) = $5500
Total assets = (Equity + Debts)
Equity = $39450
Debt will be $39450 because debt is equal to equity.
Hence, Total assets will be ($39450 + $39450) = $78900
Now, let’s calculate return on assets;
Return on assets ($5500 / $78900) = 6.97%
Add Answer to:
Catherine's Consulting paid dividends of $3,300 and total equity
of $39,450. The debt-equity ratio is 1...
Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is...
Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover is 1.2. What is the profit margin? Multiple Choice 4.82 percent 7.31 percent 6.58 percent 5.23 percent 5.67 percent Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700. If inventory is $173,900, what is the current ratio? Multiple Choice 1.94 2.01 1.18 .52 .84
A firm has total assets of $1.930,000 and stockholders equity is $612,000. What is the debt...
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...
Lee Sun's has sales of $3,850, total assets of $3,550, and a profit margin of 4...
Lee Sun's has sales of $3,850, total assets of $3,550, and a profit margin of 4 percent. The firm has a total debt ratio of 40 percent. What is the return on equity? Mutiple Choice 7.23 percent 3.85 percent 4.34 percent 13.83 percent 4.00 perce
Bigelow has a levered cost of equity of 14.29 percent and a pretax cost of debt...
Bigelow has a levered cost of equity of 14.29 percent and a pretax cost of debt of 7.23 percent. The required return on the assets is 11 percent. What is the firm's debt-equity ratio based on MM Proposition II with no taxes?
Question 1(10 pts): D SS Stores has total debt of $4,910 and a debt-equity ratio of...
Question 1(10 pts): D SS Stores has total debt of $4,910 and a debt-equity ratio of 0.52. What is the value of the total assets? a. $16,128.05 b. $7,253,40 c. $9,571.95 d. $11,034.00 e. $14,352.31 i. TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? a. 8.29 percent b. 6.48 percent c. 9.94 percent d. 7.78 percent e. 8.02 percent ii) Bernice's...
Samuelson's has a debt-equity ratio of 21 percent, sales of $5,500, net income of $900, and...
Samuelson's has a debt-equity ratio of 21 percent, sales of $5,500, net income of $900, and total debt of $4,700. What is the return on equity? Multiple Choice Ο 4.02% Ο 19.15% Ο 210% Ο 16.369%
Lola Corp, has shareholders' equity of $128,600. The company has a total debt of $120.950, of...
Lola Corp, has shareholders' equity of $128,600. The company has a total debt of $120.950, of which 55 percent is payable in the next 12 months. The company also has net fixed assets of $174,320. What is the company's networking capital? Multiple Choice Ο Ο Ο Ο Ο 83370 Hoodoo Voodoo Co. has total assets of $64,650, net working capital of $19,525, owners' equity of $31,665, and long term debt of $22.235. What is the company's current assets? Multiple Choice...
Gates Appliances has a return-on-assets (investment) ratio of 18 percent. a. If the debt-to-total-assets ratio...
Gates Appliances has a return-on-assets (investment) ratio of 18 percent. a. If the debt-to-total-assets ratio is 25 percent, what is the return on equity? (Input your answer as a percent rounded to 2 decimal places.) b. If the firm had no debt, what would the return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.)
Gates Appliances has a return-on-assets (investment) ratio of 17 percent. a. If the debt-to-total-assets ratio...
Gates Appliances has a return-on-assets (investment) ratio of 17 percent. a. If the debt-to-total-assets ratio is 60 percent, what is the return on equity? (Input your answer as a percent rounded to 2 decimal places.) b. If the firm had no debt, what would the return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.)
Y3K, Inc., has salss of $12,840 total assets of $4730 ans a debt equity ratio of...
Y3K, Inc., has salss of $12,840 total assets of $4730 ans a debt
equity ratio of .25
Y3K, Inc., has sales of $12,840, total assets of $4,730, and a debt-equity ratio of 25. If its return on equity is 14 percent, what is its net income? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income
Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover is 1.2. What is the profit margin? Multiple Choice 4.82 percent 7.31 percent 6.58 percent 5.23 percent 5.67 percent Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700. If inventory is $173,900, what is the current ratio? Multiple Choice 1.94 2.01 1.18 .52 .84
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...
Lee Sun's has sales of $3,850, total assets of $3,550, and a profit margin of 4 percent. The firm has a total debt ratio of 40 percent. What is the return on equity? Mutiple Choice 7.23 percent 3.85 percent 4.34 percent 13.83 percent 4.00 perce
Question 1(10 pts): D SS Stores has total debt of $4,910 and a debt-equity ratio of 0.52. What is the value of the total assets? a. $16,128.05 b. $7,253,40 c. $9,571.95 d. $11,034.00 e. $14,352.31 i. TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? a. 8.29 percent b. 6.48 percent c. 9.94 percent d. 7.78 percent e. 8.02 percent ii) Bernice's...
Samuelson's has a debt-equity ratio of 21 percent, sales of $5,500, net income of $900, and total debt of $4,700. What is the return on equity? Multiple Choice Ο 4.02% Ο 19.15% Ο 210% Ο 16.369%
Lola Corp, has shareholders' equity of $128,600. The company has a total debt of $120.950, of which 55 percent is payable in the next 12 months. The company also has net fixed assets of $174,320. What is the company's networking capital? Multiple Choice Ο Ο Ο Ο Ο 83370 Hoodoo Voodoo Co. has total assets of $64,650, net working capital of $19,525, owners' equity of $31,665, and long term debt of $22.235. What is the company's current assets? Multiple Choice...
Y3K, Inc., has salss of $12,840 total assets of $4730 ans a debt
equity ratio of .25
Y3K, Inc., has sales of $12,840, total assets of $4,730, and a debt-equity ratio of 25. If its return on equity is 14 percent, what is its net income? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income
Most questions answered within 3 hours.
-
10. Explain what is meant by ‘mutually exclusive projects’ and
why it is generally a bad...
asked 15 seconds from now -
Suppose that you wanted to purchase a product and sell it at
your online store. You...
asked 10 seconds from now -
The coefficient of determination R2 in a simple
regression model,
Group of answer choices
a) measures...
asked 44 seconds ago -
Explain why some heterotrophs can be described as both a
primary consumer and a secondary consumer....
asked 4 minutes ago -
Explain the constitutional foundations for federalism.
asked 16 minutes ago -
Perform an internet search and answer the following questions:
Why should a business be concerned with...
asked 25 minutes ago -
Which board(s) has (have) worked to implement fair value
measurement for financial instruments? A. FASB, but...
asked 29 minutes ago -
Consider an element that reaches its first excited state by
absorption of 457.8 nm light.
Determine...
asked 40 minutes ago -
Sandhill Company sells product 2005WSC for $135 per unit. The
cost of one unit of 2005WSC...
asked 35 minutes ago -
Assume that we are planning to decrypt the cyphertext which was
encrypted with DES encryption. We...
asked 38 minutes ago -
Timmy Incorporated leases a piece of equipment to Apple
Corporation on January 1, 2017.
1. Lease...
asked 46 minutes ago -
The manager of specialty outdoor store has gathered the
following data concerning sales (in hundreds of...
asked 48 minutes ago