In a year of rising costs and prices the firm reported net

Reference no: EM13481285

In a year of rising costs and prices, the firm reported net income of 480,000 and average assets 3,600,000. If Natco had used the LIFO cost-flow assumption in the same year, its cost of good sold would have been $80,000 more than under FIFO, and its average assets would have been $80,000 less than under FIFO. Calculate the firm's ROI under each cost-flow assumption.

Reference no: EM13481285

Questions Cloud

Leah friend is trying to decide which of two different : leah friend is trying to decide which of two different kinds of candy to sell in her retail candy store. one type is a

Gray has a current capital structure consisting of 400000 : 1. gray has a current capital structure consisting of 400000 of 12 annual interest debt and 50000 shares of common

Southwest hospital has fixed costs of 100 million per year : southwest hospital has fixed costs of 100 million per year. variable costs represent approximately 80 of the total

Determine the amount to be paid within the discount period : determine the amount to be paid within the discount period for purchase with an invoice price of 7745 subject to credit

In a year of rising costs and prices the firm reported net : in a year of rising costs and prices the firm reported net income of 480000 and average assets 3600000. if natco had

Afirm has a pe ratio of 12 and a debt-equity ratio of 66 : a firm has a pe ratio of 12 and a debt-equity ratio of 66. what would its unlevered pe ratio i.e. the pe ratio of its

Silky smooth lotions come in three sizes 4 8 and 12 ounces : silky smooth lotions come in three sizes 4 8 and 12 ounces. the following table summarizes the selling prices and

The present value of 100 to be received 10 years from today : 1. the present value of 100 to be received 10 years from today assuming an opportunity cost of 9 percent is . please

Zenon chemical inc processes pine rosin into three products : zenon chemical inc. processes pine rosin into three products turpentine paint thinner and spot remover. during may the

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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

User Account

All Pages