User Account

All Pages

Calculate the return on net operating assets

Assignment Help Accounting Basics
Reference no: EM133121587

Question - The following shows an extract of the reformulated financials of Fula PLC

 

2012 £'000

2011 £'000

Net operating assets

2,400

1,900

Net financial obligations

1,200

1,000

Common Shareholders' Equity

1,200

900

The earnings from operating assets for 2012 were £280,000.

Required - Calculate the Return on Net Operating Assets (RNOA) using average book values.

Reference no: EM133121587

Questions Cloud

Annual interest rates with semi-annual compounding : Assume the term structure of interest rates is flat and consider a 1-factor model with a factor equal to that interest rate. Assume also that the current intere
Prepare a statement of owner equity for the year : Prepare a statement of owner's equity for the year ended December 31, 2020. Assume there have been no changes to the capital account since January 1
Evaluating a forecasting model : What role does MAD play in evaluating a forecasting model?
Compare the risks of raising private funding : How else could Blue Apron have raised funds to continue to grow? Compare the risks of raising private funding to going public.
Calculate the return on net operating assets : The earnings from operating assets for 2012 were £280,000. Calculate the Return on Net Operating Assets (RNOA) using average book values
Find the steady states of the Verhulst model : Find the steady states of the Verhulst model and Draw a plot representing the observed data and the fitted curve, clearly labelling it
Prepare the current liabilities section of the statement : Prepare the current liabilities section of the statement of financial position at January 31, 2020. Assume no change in accounts payable
Explain the concept of planning materiality : The audit manager computed 5% of net income to get to a materiality level of $575,000. Explain the concept of planning materiality
Calculate cost of goods sold and ending inventory : During Dec, Kitty company sold 268 units. Calculate cost of goods sold and ending inventory for Dec 2021 using the Weighted Average cost method only

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much of the payment made at the end of the fourth year

How much of the payment made at the end of the fourth year will go towards principal and how much will go towards interest

  Balance sheet and income statement presentation

Prepare the adjusting entry at December 31, 2002, to report the securities at fair value. Show the balance sheet and income statement presentation at December 31, 2002, after adjustment to fair value.

  What the goodwill to be recognised on consolidation

The total goodwill arising on High acquisition of Low was $10 000. What the goodwill to be recognised on consolidation as a result of High's acquisition of Low

  P-value of the statistic

Using the data in Exercise 3, test the hypothesis that the mean ages of houses in the two neighborhoods is the same. You may assume that the ages of houses in each neighbor- hood follow a Normal distribution. a) Calculate the P-value of the st..

  Prepare the journal entries to record the mortgage loan

Prepare the journal entries to record the mortgage loan and the first two installment payments.

  Prepare the journal entries required

Sibley Inc. had the following stock issued and outstanding at January 1, 2013:

  Explain the concept of materiality in this case

You are an auditor and are examining the client's financial statements, then you consider these findings as material. Explain the concept of materiality

  Make the december journal entry for the partnership

Hopkins agree that a payment of $200,000 will be made to settle the capital balance of Hopkins. Prepare the December 31 journal entry for the partnership.

  The aicpas mission is to provide members with resources

will you please summarize this mission statement of aicpasthe aicpas mission is to provide members with resources

  Activity rate for product design activity cost pool

What is the activity rate for the Product Design activity cost pool? Product design activity cost pool $ per product

  How much should CHERIE CORP report as shareholders equity

Mortgage payable (200,000 due in six months) $1,200,000. How much should CHERIE CORP. report as shareholders' equity on December 31, 2018

  Valuation of inventory problem

Accounts officers at Xerox corporation discovered that significant errors have been made in the valuation of inventory and are worried that it might have significant impact onthe Net Income and Earnings per share.

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