Calculate bethlehems margin

Assignment Help Accounting Basics
Reference no: EM131788509

Bethlehem Corporation had $1,083,000 in sales which resulted in operating income of $53,067. On January 1, Bethlehem reported $985,500 in assets. Because of a downturn in the economy, Bethlehem sold several assets during the year. Its December 31 balance sheet reported only $538,200 in assets.

(a) Calculate Bethlehem's margin.

(b) Calculate Bethlehem's asset turnover

(C) Calculate Bethlehem's return on investment

Reference no: EM131788509

Questions Cloud

Define the private portion of a class to model : To test these classes, you should write driver programs as instructed in Programming Problems 1-6 at the end of this chapter.
An analysis of the accounts of roberts company reveals : An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June
Riskiness and the relative uncertainty of cash flows : Highland Mining and Minerals Co. is considering the purchase of two gold mines. Only one investment will be made. The Australian gold mine will cost $1,600,000.
Which apartment complex has more risk : Mr. Sam Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes.
Calculate bethlehems margin : Its December 31 balance sheet reported only $538,200 in assets, Calculate Bethlehem's margin
What amount is deductible on johnnys tax return : Johnny Moreno travels from New York to Miami on business. What amount is deductible on Johnny's tax return for travel expenses related to the above activities?
Reducing the treynor pie company risk : Treynor Pie Co. is a food company specializing in high-calorie snack foods. It is seeking to diversify its food business and lower its risks.
Compute the debt to assets ratio and times interest earned : Make a 3-year trend analysis, using 2011 as the base year, of net sales and net income. Compute the debt to assets ratio and times interest earned
How should r and r record in part the land revaluation : In March 20X4, R&R Ltd traded in land (market value of $10,000) plus cash of $16. How should R&R record, in part, the land revaluation in December 20X5?

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.

  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!

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