User Account

All Pages

What is industrial return on equity

Assignment Help Accounting Basics
Reference no: EM133171895

Question - Industrial Corporation has a net income-to-sales (profit margin) ratio of 0.03, a sales-to-assets (asset utilization) ratio of 1.5, and a debt- to-asset ratio of 0.66. What is Industrial's return on equity?

Reference no: EM133171895

Questions Cloud

What was the dollar amount of goods purchased : Yang & Min had $100,000 of inventory at the beginning of the year. What was the dollar amount of goods purchased by Yang & Min during the year
Identify the purposes of each sentence : Identify the purposes of each sentence again. NOTE: this time more than one sentence may apply to a sentence purpose.
Identify the weaknesses point and control activities : Raw materials are imported from China and purchasing clerk prepares costing sheets, Identify weaknesses point and control activities over inventory valuation
What is the payback period : VM's Board of Directors currently requires a rate of return of 10%, and you expect inflation to remain relatively constant at 4%. What is the Payback period
What is industrial return on equity : Industrial Corporation has a net income-to-sales (profit margin) ratio of 0.03, a sales-to-assets - What is Industrial return on equity
Elements of the supply chain flow : Where can you find a summary of the elements of the supply chain flow that are discussed in chapter 6 - Where can you find an explanation for the differences
Construct a profit and loss statement : Construct a Profit and Loss Statement for "Best Lamps from California Company" from June 15, 2020 through January 15, 2021
What is the profit or loss at the sale price : During a sale, their watches were marked down by 50%. What is the profit or loss at the sale price if they purchased the watches at $318 each
Critically evaluate how the coordinated strategies : Critically evaluate how the coordinated strategies can be practically applied - Use the coordinated strategies in the wider context of the conceptual model

Reviews

Write a Review

Accounting Basics Questions & Answers

  Activity-based costing approach

Using the activity-based costing approach, determine the overhead cost per unit for each product.  Prepare a Schedule of Expected Cash Collections for November and December.    Prepare a Merchandise Purchases Budget for November and December.

  Looking at a new sausage system with an installed cost

Kolby's Korndogs is looking at a new sausage system with an installed cost of $777,000. This cost will be depreciated straight-line to zero over the project's six-year life, at the end of which the sausage system can be scrapped for $104,000.

  Explain the withholding tax obligation of Ataslink Bhd

Explain the withholding tax obligation of Ataslink Bhd under Section 107A of the ITA 1967 with regards to these payments and determine the amount to be withheld

  Which does not indicate that transaction is a consignment

During the period ABC Co. transfers goods to XYZ, Inc. Which of the following does not indicate that the transaction is a consignment arrangement?

  What accounting recognition be accorded this situation

The management of Dobbin estimates that this recall cost $1,000,000. What accounting recognition, if any, should be accorded this situation

  What is the company asset turnover ratio

Operating income 1,500,000, Managements target rate of return 25%. What is the company's asset turnover ratio

  Debra manufacturing has identified that the cost of a new

debra manufacturing has identified that the cost of a new computer will be 120000 but with the use of the new computer

  Calculate the total annual cost of setting up for inventory

The cost associated with setting up the production line is $25, Calculate the total annual cost of setting up for and carrying inventory

  Prepare the journal entry to record income tax expense

Prepare the journal entry to record income tax expense, deferred taxes, and income taxes payable for 2015, assuming a tax rate of 30% for all years

  How much of the net income of 90,000 is allocated to seth

Seth and Rachel have original investments of 50,000 and 100,000 respectively in a partnership. How much of the net income of 90,000 is allocated to Seth

  Who should be final decision in decision-making process

Protecting the security and integrity of accounting data is part of the controller's responsibility. Because of the integration with the computer system.

  Companies can choose the fair value option

The remainder of the excess of the cost of the investment over the book value of net assets purchased was attributable to goodwill.

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