User Account

All Pages

By how much would the roe have changed

Assignment Help Accounting Basics
Reference no: EM132746652

Question: Last year Racatak Inc had a total assets turnover of 1.42, total assets of 5,250,000 and total debt of 1,950,000. Its sales were $1,350,000 and its net income was $248,000. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by 33% without changing its sales, assets, or capital structure. Had it cut costs and increased its net income by this proportion, by how much would the ROE have changed?

Reference no: EM132746652

Questions Cloud

What is the number of composite units to breakeven : Margins for Do and Re are P2.50 and P1.20, respectively. Considering the company as a whole, what is the number of composite units to breakeven?
Prepare the worksheet entries required for consolidation : Brax bought 80% of Fox Company several years ago when fair value was equal to book value. On January 1, 2017, Fox has $ 100,000 of 8% bonds that were issued.
What budgeted fixed manufacturing overhead cost for month : Overhead was overapplied by P3,000. If there was no volume variance in September, then the budgeted fixed manufacturing overhead cost for the month was
What is the value to be subjected to estate tax : At that time the land was worth P450,000. Let's assume that the donation is a donation mortis cause, what is the value to be subjected to estate tax?
By how much would the roe have changed : Last year Racatak Inc had a total assets turnover of 1.42, total assets of 5,250,000 and total debt of 1,950,000. Its sales were $1,350,000 and its net income.
Find what is the excise tax : Find What is the excise tax? Miss Vicky Belo, a known dermatologist conducted an internal abs enhancement procedure to a well-known
What minimum lease payments should blossom charge : In order to earn a 12% return, what minimum lease payments should Blossom charge its customer for this equipment lease? (Round factor values to 5 decimal places
Find what is the value to be subjected to donor tax : Mr Santos died when the property was worth P1,200,000. Let's assume that the donation is a donation inter-vivos what is the value to be subjected to donor's tax
Find how much amount to included in common properties : Find how much is the amount to be included in the common properties of the spouses assuming that Mr Mayaman got married on Sept 30, 1984?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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