Calculate the avenger roe

Assignment Help Financial Accounting
Reference no: EM133000870

The Avenger Initiative has net income of $52,000, their interest expense is $10,000, and their tax rate is 35%. Their notes payable equals $37,000, long-term debt equals $85,000, and common equity equals $275,000. The Avenger's finances their capital with only debt and common equity, so it has no preferred stock.

Problem 1:
Calculate the Avenger's ROE

Problem 2: Calculate the Avenger's ROIC(Show your work)

Reference no: EM133000870

Questions Cloud

What is the current value of investment : What is the current value of this investment assuming that the current NAV is $14.42? (Round off to the nearest $ amount.)
By how much does the required return on the riskier stock : By how much does the required return on the riskier stock exceed that on the less risky stock? Do not round intermediate calculations.
What is an etiological specialist of sickness : What is the main consideration standard for patients and express its significance; What is an etiological specialist of sickness
Explain how sarah might perceive justin actions : Justinis a front-office assistant at a local physician's office. On a busy day at the office, Justin is consumed by patients and their needs.
Calculate the avenger roe : Calculate the Avenger's ROE. The Avenger Initiative has net income of $52,000, their interest expense is $10,000, and their tax rate is 35%.
What is the forward price today for delivery : What is the forward price today for delivery of the S&P 500 index in 1 year?
Which one is an example of a primary market transaction : Which one is an example of a primary market transaction? The Empire issues 500,000 shares of new stock and sells them to the people of Tatooine.
At what range of volume start gain profit this year : Weekly break even of RM 8000 sold at RM10 per packet with variable cost of RM5 per packet. At what range of volume start gain profit this year
What is the total amount that fred pizzeria has in capital : What is the total amount that Fred's Pizzeria has in the Capital Market? As of the ending period of 2020, Fred's Pizzeria has combination

Reviews

Write a Review

Financial Accounting Questions & Answers

  Community bank traded office fixtures here are the facts

community bank traded office fixtures. here are the facts old fixtures cost 96000 and have an accumulated depreciation

  What is the journal entry for depreciation for month of july

The expected life is 16 years with a salvage value of $1,000. What is the journal entry for depreciation for month of July assuming straight-line depreciation?

  Determine the hire purchase price and instalment per month

Determine whether QCR Bhd received appropriate amount of payment for repossession settlement. Determine the hire purchase price and instalment per month

  How much contract revenue should xyz construction company

How much contract revenue should XYZ construction company have recognized in year 1 if the method was percentage of completion method?

  Shareholder adjusted basis in the shareholder stock

Net passive investment income may cause an S corporation to lose S status. An S corporation’s shareholder’s adjusted basis in the shareholder’s stock is used to determine.  Which of the following tax consequences is not determined by reference to a s..

  What the amount of amortization expense recognized for year

What The amount of amortization expense recognized for the year 2017 would be? On May 1, 2017, Ivanhoe Company purchased the copyright

  Break-even sales and cost-volume-profit chart

Last year, Gelbin Inc. had sales of $263,900, based on a unit selling price of $130. The variable cost per unit was $100, and fixed costs were $42,300. The maximum sales within Gelbin's relevant range are 2,500 units. Construct a cost-volume-profit c..

  Luthuli electronics ltd. commenced business

Luthuli Electronics Ltd. commenced business on 1 April 1999, selling television sets both on a cash basis and by instalments.  Hire purchase sales require a deposit of one-third of the cash selling price with the balance payable in 18 equal monthly i..

  Discuss the ethics and governance

Accounting Financial ACC701 - Discuss the ethics and governance in explaining the company's financial stress.

  What are the company equity multiplier

What are the company's equity multiplier, debt ratio, and ROE? (Round equity multiplier to 2 decimal places, e.g. 12.55, debt ratio to 3 decimal place)

  Analyze the relevance of changes in net income to investors

Explain the relevance of changes in net income to investors. Determine the ending balance in shareholders' equity. Why would organizations such as Labor Unions be interested in this?

  What is the additional year-three cash flow

What is the additional Year-3 cash flow (i.e., the after-tax salvage and the return of working capital)? What are the cash flows in Years 1, 2, and 3?

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