Compute the return on equity

Assignment Help Accounting Basics
Reference no: EM133052648

Question - Profit for Pina Colada Inc., was $9000 in 2021. Shareholders' equity was $80000 at December 31 2019, $190000 at December 31, 2020, and $290000 at December 31, 2021. Compute the return on equity for 2021?

a. 4.74%.

b. 11.25%.

c. 3.10%.

d. 3.75%.

Reference no: EM133052648

Questions Cloud

Definition of privacy from the information security : Can you explain how the definition of privacy that is commonly used (freedom from observation) may differ from the definition of privacy from the information
What does the frame emphasize : Analyze a frame? The frame could be one you are using now, one you are considering adopting or the frame of someone you must communicate with.
Prepare a pension work sheet for sunland corporation : At January 1, 2020, Sunland Corporation had plan assets of $252,000. Prepare a pension work sheet for Sunland Corporation
Are there or should there be any control variables : Are there or should there be any control variables? An independent variable of interest is the factor that is hypothesized to influence the dependent variable
Compute the return on equity : Shareholders' equity was $80000 at December 31 2019, $190000 at December 31, 2020, and $290000 at December 31, 2021. Compute the return on equity for 2021
Comparing the years income statements : The following table shows the profit/loss for B Moore profitable since year 2013.
What is the materials spending variance : According to the standard cost card, each helmet should require 0.61 kilograms of plastic, at a cost of $7.00 per kilogram. What is materials spending variance
Development of an aviation communications device : Due to your previous project successes and work history at ABC Enterprises, you have been assigned to manage a new project - Project PEGASUS. The effort involv
Develop and sustain an environment of acceptance : Identify what managers can do to guarantee that this conduct never occurs, as well as what you can do to prevent these sorts of workplace dynamics.

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