Determine the return on capital employed for this company

Assignment Help Accounting Basics
Reference no: EM133165692

Question - The capital of the company is made up of $50,000 ordinary shares, $55,000 preference shares, $35,000 debentures and $40,000 reserves. During the year, it makes a profit of $9,000 after all interest totaling $3,000 has been charged but before tax is taken out. Determine the return on capital employed for this company?

Reference no: EM133165692

Questions Cloud

Horsepower outboard motor boat : The insured is found to be legally obligated to pay $170,000 because of bodily injury to a neighbor (a fishing partner) caused by an accident involving Mr. Tibb
Encourage scaling-up of social entrepreneurship models : Encourage the scaling-up of social entrepreneurship models outside the social community.
What makes collaborative research useful to organizations : What makes collaborative research useful to organizations (both private and public)?
What is a white paper : 2) What are the steps to write a white paper on maximizing effectiveness of instructional design development process and evaluation process, based on ADDIE, rap
Determine the return on capital employed for this company : The capital of the company is made up of $50,000 ordinary shares, $55,000 preference shares, Determine the return on capital employed for this company
How much is the impairment/expected credit loss for the year : The said decrease in market value is deemed other than temporary. How much is the impairment/expected credit loss for the year 2020
What is the key takeaway in support of recommendation : 1. You are the lead BA at ANZ and the CEO has asked you to present your findings to the Management Board. They are interested in your analysis and your recommen
Scaling up employee engagement : How would you describe or summarize the organizational culture at Orix? What are some things the organization does well and some ways they can improve their org
How to maintain positive work environment : How to maintain positive work environment in 5 points.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the journal entries for eagle to record the loan

Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 2020

  Prepare a well-written memorandum to your senior manager

Prepare a well-reasoned, well-written memorandum to your senior manager addressing the appropriate issues for consideration and then make a recommendation for the best legal structure for Jim's business.

  Comment on the logic of the calculation test

An assistant auditor was instructed, Comment on the logic of this calculation test or classification of receivables aging, and if it is appropriate

  Distinguish between direct material and indirect material

Distinguish between (a) factory overhead and (b) selling and administrative overhead.

  Grffiths company planned to make 500000 cans of pasta sauce

grffiths company planned to make 500000 cans of pasta sauce and spend 250000 on tomatoes during november. however

  Prepare a schedule that converts Dr Accardo excess of cash

Prepare a schedule that converts Dr. Accardo's "excess of cash collected over cash disbursed" for the year 2007 to net income on an accrual basis

  Identify the type of auditor report for this situation

Identify the type of auditor report for this situation - Newmont Goldcorp Pty Ltd, is a family run business, operating a small goldmine

  Determine the amounts to be reported by Cameron

Lake declared and paid cash dividends of $30 million. The buildings have a remaining life of 5 years. Determine the amounts to be reported by Cameron

  Compute the credit to treasury stock to record the sale

Emma then sold 910 shares of the treasury stock for $12 per share. Compute the credit to treasury stock to record the sale

  What is a favorable variance and unfavorable variance

What is a favorable variance and what is an unfavorable variance? How do you calculate them? Is a favorable variance always a bad thing

  Which air-conditioning system should purchase

$102,000 and is expected to last 9 years. Assume that the opportunity cost of capital is 12 percent. Which air-conditioning system should you purchase?

  How much money will luke and olivia have

How much money will Luke and Olivia have in 45 years if they do nothing for the next 10 years, then put $2400 per year away for the remaining 35 years?

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