Archware systems has total assets of 35594 billion total

Assignment Help Accounting Basics
Reference no: EM13576562

Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.370 billion. Their net profit margin for the year was 0.16, while the operating profit margin was 30 percent. What is Archwares net income?

Reference no: EM13576562

Questions Cloud

Find the probability that the one-year return of this stock : suppose that the annual rate of return for a common biotechnology stock is normally distributed with a mean of 5 and a
Explain the characteristics of statistics what are the : q1. a. explain the characteristics of statistics.b. what are the components of statistics? give a brief description of
Minor difference in the terms of a contribution may justify : minor difference in the terms of a contribution may justify major differences in revenue recognition.upon meeting with
Prepare journal entries as of january 12 to record the : prepare journal entries as of january 12 to record the payroll and the payroll taxes for the week ending january 8.
Archware systems has total assets of 35594 billion total : archware systems has total assets of 35.594 billion total debt of 9.678 billion and net sales of 23.370 billion. their
During the current year karen sells her entire interest in : during the current year karen sells her entire interest in central corporation common stock for 22000. she is the sole
Checking account balance at bank 45140 money market balance : 1.checking account balance 936120 certificate of deposit 1427800 cash advance to subsidiary of 987220 utility deposit
Evaluate the effectiveness of healthcare financial : evaluate the effectiveness of healthcare financial management association hfma response to the proposed change in
Race one motors is an indonesian car manufacturer at its : race one motors is an indonesian car manufacturer. at its largest manufacturing facility in jakarta the company

Reviews

Write a Review

Accounting Basics Questions & Answers

  Variable interest in a variable interest entity

An enterprise that holds a variable interest in a variable interest entity (vie) is required to consolidate the assets, liabilities, revenues, expenses, and noncontrolling interest of that entity if:

  Accounting cycle and 4 types of financial statements

Define basic accounting concepts, terminology and transactions. Illustrate the accounting cycle. Describe the four types of financial statements. Explain the importance of ethics in accounting and financial decision making.

  A bond that has a 1000 par value and a contract or coupon

a bond that has a 1000 par value and a contract or coupon interest rate of 10.5. the bonds have a current market value

  Calculate great falls brewerys minimum acceptable

Great Falls Brewery's regular selling price for a case of beer is $15. Variable costs are $8 per case and fixed costs total $2 per case based on production of 250,000 cases.

  At the beginning of year 1 kare company initiated a quality

at the beginning of year 1 kare company initiated a quality improvement program. considerable effort was expended over

  Astaire company uses the gross profit method to estimate

astaire company uses the gross profit method to estimate inventory for monthly reporting purposes. presented below is

  Gift tax consequences

In 2002, Gordon purchased real estate for $900,000 and listed title to the property as "Gordon and Fawn,joint tenants with right of surviorship." Gordon predeceases Fawn in 2009 when the real estate is worth $2.9 million. Gordon and Fawn are husba..

  Improvement by convergence of us gaap into ifrs

Suggestions for improvement by convergence of US GAAP into IFRS

  Calculate the amount of dividends in arrears

Zeta Co. has outstanding 100,000 shares of $100 par value cumulative preferred stock which has a dividend rate of 6%. They have not declared any cash dividends on the stock in the last 3 years.

  Issued preferred stock for the first time 400 shares

issued preferred stock for the first time 400 shares 6percent cumulative par 100 sold for 130 per share 100000 shares

  Determining free cash flow

During the year, Xero, Inc., experienced increase in net fixed assets of $300,000 and had depreciation of $200,000. If operating cash flow (OCF) for the year was $700,000, compute firm's free cash flow (FCF) for the year.

  A co wants to earn a target net income of 300000 during

a co. wants to earn a target net income of 300000 during 2011. the variable costs are expected to be 25 of sales and

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd