User Account

All Pages

How is equity mutipilier calculated

Assignment Help Financial Accounting
Reference no: EM132492520

2021 Income Statement

Net sales$9,600

Cost of goods sold (6,450)

Gross profit 3,150

Operating expenses (2,250)

Interest expense (260)

Income tax expense (256)

Net income$384

Comparative Balance Sheets Dec. 31            2021                   2020

Assets Cash                                               $660                $560

Accounts receivable                                  660                       460

Inventory                                                 860                         660

Property, plant, and equipment (net)           2,600                       2,700

                                                              $4,780                    $4,380

Liabilities and Shareholders' Equity Current liabilities $1,460                 $1,210

Bonds payable                                          1,700                         1,700

Common stock                                               660                            660

Retained earnings                                              960                         810

                                                                      $4,780               $4,380

Question 1: From this data what is the: Return on Equity, Equity Mutipilier and Return on Equity ( ising the Dupont framework) and how is it calculated?

Reference no: EM132492520

Questions Cloud

Performance against competitors : One standard that corporations use to evaluate their performance against their competitors is the set of rankings developed by Fortune magazine.
What is the crossover rate for the two projects : What is the crossover rate for these two projects? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places)
Remove the exchange rate risk from the payment : In order to remove the exchange rate risk from the payment, you consider two strategies.
What is the ending inventory under fifo : A physical count of merchandise inventory on November 30 reveals that there are 120 units on hand. What is the ending inventory under FIFO?
How is equity mutipilier calculated : From this data what is the: Return on Equity, Equity Mutipilier and Return on Equity ( ising the Dupont framework) and how is it calculated?
Accurate economic theory and analysis : Was Gore's assessment of the situation, along with his policy prescription, based upon accurate economic theory and analysis? Why or why not?
Find the strategy or strategies that survive : Find the strategy or strategies that survive iterated deletion of strictly dominated strategies. Explain your answer.
Prepare the necessary journal entry on december : Prepare the journal entry to record the bond issuance on February 1, 2018. Prepare the necessary journal entry on December 31, 2018.
Evaluate what is estimate of the stocks current price : Determine What is estimate of the stocks current price? Do not round intermediate calculations. Round your answer to the nearest cent.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Adjusted trial balance using the adjustment information

Complete the work sheet for Ramey Company, dated December 31, 20--, through the adjusted trial balance using the following adjustment information:

  Puritan dissenter who advocated of religious freedom

Puritan dissenter who advocated of religious freedom, the separation of church & state, & fair dealings with Native Americans; convicted of sedition & heresy & banished from the colony; founded Providence Plantation (RI) in 1636.

  Create a appropriate journal entry to record income taxes

A company reports pretax accounting income of $11.5 million, but because of a single temporary difference, taxable income is only $8.9 million. Create a appropriate journal entry to record income taxes.

  Operating income for the year under super-variable costing

Wahler Corporation manufactures and sells one product. In the company's first year of operations, the variable cost consisted solely of direct materials of $85 per unit. The annual fixed costs were $640,000 of direct labor cost, $2,208,000 of fixed m..

  What is effect on acmes overall profit if chipper accepts

Chipper Division of Acme Corp. sells 80,000 units of part Z-25 to the outside market. Part Z-25 sells for $40, has a variable cost of $22, and a fixed cost per unit of $10. Chipper has a capacity to produce 100,000 units per period. Jones Division cu..

  Produces memory enhancement kits for fax machines

Faxmatic, Inc., produces memory enhancement kits for fax machines. Sales have been very erratic, with some months showing a profit and some months showing a loss. Compute the company's CM ratio and its break-even point in both units and dollars. Refe..

  What is zippy economic profit in the first year

what is zippy's economic profit (or loss) in the first year? I tried looking up the equation but just want to double check

  Determine the tentative minimum tax base

For 2016, Apple Corporation (a calendar year integrated oil company) had the following transactions: Taxable income $3,600,000 Regular tax depreciation on realty in excess of ADS (placed in service in 1989) 1,530,000 Excess intangible drilling costs ..

  Financial statement effects of adjustments across two period

Assessing Financial Statement Effects of Adjustments Across Two Periods. Prepare Sloan Company’s accounting adjustments at December 31, using the ?nancial statement effects template and the following additional information. Prepaid advertising at Dec..

  Make the necessary adjusting journal entries at december

Make the necessary adjusting journal entries at December 31, 2007, and December 31, 2008 to record depreciation for each year using straight-line depreciation method.

  Compute the variable and fixed cost elements

Compute the variable and fixed cost elements using the high - low method.

  Information pertains to the bank transactions

The following information pertains to the bank transactions of Rawlins Company: Cash on the books as of April 30 was $499. Cash as shown on the bank statement for the same date was $1,330. A deposit of $160, representing cash receipts as of April 30,..

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