Determine what was the return on equity

Assignment Help Accounting Basics
Reference no: EM132589993

Question 1: XYZ Corporation has a total debt to assets ratio of 55 percent. Its net income last year was $20,000. If the total debt was $160,000, what was the return on equity?

Reference no: EM132589993

Questions Cloud

Make and post all the relevant accounts to ledgers : Purchased office equipment for RM30,000 from Amazing Interiors Sdn. Bhd. He paid RM17,000 cash. Post all the relevant accounts to ledgers.
Name the type of measuring scale with a justification : Name the type of measuring scale with a justification to tap the following:
How calculate the size of the monthly payment : The loan will be repais with monthly payments over 4 years and interest is 3.8%compounded annually. Calculate the size of the monthly payment
Change anything about plan after networking : Assume you were appointed as project manager to lead a dozen of your classmates to write up an end-of-course summary guide
Determine what was the return on equity : Total debt to assets ratio of 55 percent. Its net income last year was $20,000. If the total debt was $160,000, what was the return on equity?
Discussion-staying competitive in a global market : Discuss the relationship between organizational change and the organization's need to stay competitive in a global market.
What is the value of inventory for xyz corporation : XYZ Corporation has current assets of $200,000. If the current ratio is 2.0 and the quick ratio is 1.10, what is the value of inventory?
Best solution in various care settings : Is one type of hardware likely to be the best solution in various care settings?
Determine what was the return on equity : Total debt to assets ratio of 55 percent. Its net income last year was $20,000. If the total debt was $160,000, what was the return on equity?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Income effects of reject opportunity of independent practice

Suppose Adessa prefers less risk and chooses to stay an employee. Show a tabulation of the income effects of rejecting the opportunity of independent practice.

  Prepare journal entries to record the transactions for year

Prepare T-accounts for inventories, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don't forget to enter the beginning balances in your inventory accounts). Compute an ending balan..

  How can a company improve each ratio

How can a company improve each ratio? Make sure to discuss how changes in either the numerator or denominator can improve the ratio

  What will be the amount of interest pain in second year

Kellerman Company purchased a building and land with a fair market value of $550,000. What will be the amount of interest pain in second year

  Influence of professional codes of conduct and standards

The accounting profession has been investigated by Congress over a number of years. However, none of the investigations or recommendations for change seems to have made a difference in that fraud cases continued into the early 2000s.

  There are 3 ants at 3 corners of a triangle they randomly

there are 3 ants at 3 corners of a triangle they randomly start moving towards another corner. what is the probability

  Preparing schedule indicating cash collections of accounts

The company expects to sell 20% of its merchandise for cash. Of sales on account, 50% are expected to be collected in the month of the sale, 30% in the month following the sale, and the remainder in the following month. Prepare a schedule indicati..

  Discuss the amount of each payment if the interest rate

Determine the amount of each payment if the interest rate, determine the answers to each of the following independent situations

  Kade gulliver turned 20 years old today his grandfather

kade gulliver turned 20 years old today. his grandfather established a trust fund that will pay mr. gulliver 60000 on

  Research the rules and techniques for transfer pricing

Using the Internet to research the rules and techniques for transfer pricing. Choose two foreign countries and research their respective tax rates.

  Discuss present value index

At an appropriate place on your worksheet, provide a brief written assessment (no more than 300 words) as to whether the company should purchase this alternate equipment and why.

  Analyze how vision of the company is developed in this case

Analyze how the vision of the company is developed in this case and give additional examples of methods with which the vision of the company can be developed

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