Calculate the margin romero company needed to earn

Assignment Help Accounting Basics
Reference no: EM131970304

Problem

For the most recent year, Romero Company reported average operating assets of $200,000 and sales of $500,000. Calculate the margin Romero Company needed to earn in the most recent year in order to achieve a return on investment of 15%. Enter your answer as a number followed by the % without a space in between (i.e., 10%).

Reference no: EM131970304

Questions Cloud

Two off-the-job accidents during a one-year period : What is the probability of at least two off-the-job accidents during a one-year period?
What would your portfolios expected return and risk level be : If you decide to invest your money equally in the Small-Cap and Bond funds, what would your portfolio's expected return and risk level be?
What is the chance of observing 3 heads and 2 tails : a) What is the chance of observing 3 heads and 2 tails?
Trends in the global business environment : HC3031 Trends in the Global Business Environment - Provide a brief summary of the core article enough to identify four key questions arising from that article
Calculate the margin romero company needed to earn : Calculate the margin Romero Company needed to earn in the most recent year in order to achieve a return on investment of 15%.
Briefly describe why you classified activities like you did : Briefly describe why you classified the activities like you did. Describe with illustrations how removing non-value added activities can increase profitability.
Find the margin of error of poll : In a recent poll, 480 people were asked if they liked dogs, and 60% said they did. Find the margin of error of this poll, at the 99% confidence level.
Calculate the test statistic, rounded to 3 decimal places : A Seattle department store sampled 87 items sold in January and found that 5 of the items were returned.
Discuss the rationale of the irs : The IRS has joined the debate because it says the full reserve is unfair from a taxation viewpoint. Discuss the rationale of the IRS.

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