How much are the firm sales

Assignment Help Accounting Basics
Reference no: EM133049034

Question - Triangular Chemicals has total assets of $90 million, a return on equity of 44 percent, a net profit margin of 5.2 percent, and an equity multiplier of 2.34. How much are the firm's sales?

Reference no: EM133049034

Questions Cloud

Why are people in business surprised : Why are people in business surprised when others in business act badly and unethical.
How do you think nutrition education in schools : Imagine you are a citizen sitting on a Commission to find solutions to the societal problem of rising obesity among children. What new laws or programs would yo
What should be the ending balance of the Cash account : Assume your company reported a net income of $15,000 last year. What should be the ending balance of the Cash account
Prepare the journal entry to record the issuance : The common stock has a market price of $20 per share, and the preferred stock has a market price of $90 per share. Prepare the journal entry to record issuance
How much are the firm sales : Triangular Chemicals has total assets of $90 million, a return on equity of 44 percent, a net profit margin of 5.2 percent, How much are the firm sales
How attraction supports eco-tourism : Describe the country you have chosen and why you have chosen that country For each of the 5 attractions
What will investor after tax income from cash dividend : Assume in Stage IV that an investor owns 275 shares and is in a 15 percent tax bracket. What will be the investor's after tax income from the cash dividend
What is the amount of settlement price received by Jack : Prior to retirement, it was determined that the equipment of the partnership is understated by 10,000. What is the amount of settlement price received by Jack
TRV103 Tourism Destination Exploration Assignment : TRV103 Tourism Destination Exploration Assignment Help and Solution, Seneca College - Assessment Writing Service

Reviews

Write a Review

Accounting Basics Questions & Answers

  What costs would be incurred

When making outsourcing decisions, it is is important to consider what costs would be incurred if produced in-house as compared to costs if produced elsewhere.

  Find the journal entries

Coyle Corp. issued $10,000,000 par value 10% convertible bonds at 99. If the bonds had not been convertible, the company's investment banker estimates they would have been sold at 95. Expenses of issuing the bonds were $70,000. What are the journa..

  Why the value of the collateral is affected

Why the value of this collateral is affected by the likely reasons that a borrower might default on its loan. In particular, compare value of the collateral

  Determine amount of the amortization or depletion expense

Determine the amount of the amortization or depletion expense for the current year for each of the foregoing items

  Compute the weighted average number of shares

On January 1, 2004, Bigler Corporation had 800,000 shares of common stock outstanding. Compute the weighted average number of shares

  Determine the quick ratio

Young Company has the following assets and liabilities: Accounts receivable 15,000. Determine the quick ratio

  What is the amount that kelly will credit

The bonds were later converted when the remaining unamortized premium was $1,000. What is the amount that Kelly will credit to Common Stock

  Determine the price of swap from the corporation viewpoint

Determine the price of the swap from the corporation's viewpoint assuming that the fixed-rate side of the swap has increased to 10.30 percent

  How much should be recorded as revenue on october

If the company method to record sales made on credit, how much should be recorded as revenue on October 1

  What liability balance does the company report at the end

If the effective rate method is used, what liability balance does the company report at the end of Year Two (rounded)

  How much money would you have to deposit now in a savings

1.a local furniture store is advertising a deal in which you buy a 3000 dining room set and do not need to pay for two

  Calculate the elimination adjustment to net income

Calculate the elimination adjustment to net income available to controlling interest for the year the intercompany sale occurred

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