Compute the ROI for the year ended December

Assignment Help Accounting Basics
Reference no: EM132724508

Question - The following information was available for the year ended December 31, 2019:

Sales $300,000

Net income 50,000

Average total assets 750,000

Average total stockholders' equity 500,000

Required - Compute the ROI for the year ended December 31, 2019?

a. 20.0%

b. 16.7%

c. 6.7%

d. 10.0%

Reference no: EM132724508

Questions Cloud

What is pretax cost of debt-matroyshka inc : Matroyshka, Inc., has a target debt-equity ratio of 1.70. Its WACC is 8.9 percent, and the tax rate is 35 percent.
What do you know about natural medicines : What do you know about "natural" medicines, herbal cures and folklore or cultural practices to treat ailments? What practices do your family use?
What is the internal rate of return on projects : The project is expected to produce cash flows starting in year 2 of $269,000 a year for the following six years. What is the internal rate of return on projects
Company cost of equity capital-hudson corporation : The Hudson Corporation's common stock has a beta of 1.6. If the risk-free rate is 4.7 percent and the expected return on the market is 13 percent
Compute the ROI for the year ended December : The following information was available for the year ended December 31, 2019: Sales $300,000. Compute the ROI for the year ended December
Geographic information system programs : How are mapping and Geographic Information System (GIS) programs utilized?
Determine the number of units : Using graphical method, determine the number of units that should be produced in order to maximize profit. PLEASE SHOW WORKINGS AND THE GRAPH
Which of the statements is most correct for project wacc : A project has an up-front cost of $100,000. The project's WACC is 12% and its net present value is $10,000. Which of the statements is most correct?
What is the company wacc-cleen power co : You are given the following information for Cleen Power Co. Assume the company's tax rate is 30 percent.

Reviews

Write a Review

Accounting Basics Questions & Answers

  During the year martin rented his vacation home for three

during the year martin rented his vacation home for three months and spent one month threre. gross rental income from

  How can one contribute appreciated property

Contribution of appreciated property. Relative to corporate formation, how can one contribute appreciated property without gaining recognition for the transfer?

  Evaluate each decision taken in the simulation game

I need a Corporation Simulation Report for my course "Managing International Business"

  Gunst company produces three video games android bio-mutant

gunst company produces three video games android bio-mutant and cyclops. cost and revenue data pertaining to each

  Compute the amount received for the bonds

Compute the amount received for the bonds. Compute the first interest and amortization amounts for the October 1, 2016, payment.

  Prepare a report for the firm ceo indicating

Prepare a report for the firm's CEO indicating which projects should be accepted and why

  What is an assessable income for income tax purpose

FNS50215 Diploma of Accounting - FNSACC502Prepare Tax Documentation for Individuals - What is an assessable income for income tax purpose and List at least five tax deductions that are available to small business owners with a turnover under $1 milli..

  How do companies account for bad debt

Question - How do companies account for bad debt? Why would they use an allowance account instead of directly crediting A/R

  Calculate the forecast direct material cash payment by month

Calculate the breakeven sales as well as the sales needed to make $200,000 in net income. Calculate the forecast direct material cash payments by month.

  Discuss altona uses the diminishing-balance method

Altona uses the diminishing-balance method at one time the straight-line depreciation rate

  What is the account impacted and the audit assertion

What is the account impacted and the audit assertion? You are the audit junior on the Best BMW year-end financial statement audit.

  Prepare the journal entries to record the issuance of bonds

On June 30, 2017, Ivanhoe Company issued $4,900,000 face value of 13%, Prepare the journal entries to record the following transactions The issuance of the bond

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