What is its return on stockholders equity

Assignment Help Accounting Basics
Reference no: EM133162579

Question - Fondren Machine Tools has total assets of $3,310,000 and current assets of $879,000. It turns over its fixed assets 3.6 times per year. Its return on sales is 4.8 percent. It has $1,750,000 of debt What is its return on stockholders' equity?

Reference no: EM133162579

Questions Cloud

Perceptions and arrangement of the theme : Perceptions and arrangement of the theme: Consists of the branch of knowledge of one's advantage and following that branch of knowledge to direct subject-relate
Analysis of quantitative coding approaches : An analysis of quantitative coding approaches is that such coding sorts subjective information into predefined (nomothetic) classifications that are intelligent
Calculate accounting rate of return : Crane will accept all projects that provide an accounting rate of return (ARR) of at least 45 percent. Calculate accounting rate of return
Relationship between big data and marketing analytics : What is marketing analytics? What is the relationship between big data and marketing analytics? Discuss four types of marketing analytics in detail.
What is its return on stockholders equity : It turns over its fixed assets 3.6 times per year. Its return on sales is 4.8 percent. It has $1,750,000 of debt What is its return on stockholders' equity
Economic liberalization and globalization : "Growth of strategic HRM in organization is primarily due to economic liberalization and globalization." Comment.
Why does this suggestion need to be adopted : 1. Explain how the suggestion is going to apply to the current problem based on the text below
About race and culture that emerge in your group : How aware are you of how your cultural background is likely to influence your ability to work with a diverse range of people?
How employee assistance programs assist in disability : 1. Please discuss how Employee Assistance Programs assist in disability management and return to work for injured workers?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Fast delivery company delivers packages and business

fast delivery company delivers packages and business documents for local businesses located in the houston metropolitan

  The special products division of intermodular semiconductor

the special products division of intermodular semiconductor systems has received a request for quotation from allied

  Define misstatement of uncollectible account expense

A manager of a small electronics stores would like to expand and also sell computers. The expansion would require seeking a loan from a local bank.

  Examine the full disclosure principle in financial reporting

Examine the full disclosure principle in financial reporting and discuss why it is important and how should it be used in financial reporting

  The lifo inventory method has been used the fifo inventory

valman company is considering purchasing ekc company. ekcs balance sheet at december 31 2013 is as followscash 56000

  What is the equity at the end of year

At the begining of the year , Addison Company's assets are 259,000 and it's equity is 194,250. During the year ,assets increased 80,000 and liabilities increase 52,643. What is the equity at the end of the year?

  Compute net cash provided by operating activities

Rena Company completed its first year of operations on December 31, 2018. Compute net cash provided by operating activities

  Do the all entries required to properly record the sale

January 1, 2017, West Co. purchased $400,000 of 8% bonds for $369,114 as an available-for-sale security. Do the all entries required to properly record sale

  What are the fixed cost

The breakeven is $2000.00 units. The selling price is $16 per unit, the variable cost is $6.00 per unit. What are the fixed cost

  Question 5nbspnbspnbspnbspnbsp ddd grills inc makes a

question 5nbspnbspnbspnbspnbsp ddd grills inc. makes a single product-a handmade nbspspecialty barbeque grill that

  Estimate the cost of the receivables loan

Estimate the cost of the receivables loan to Johnson when the firm borrows the $300,000. The prime rate is currently 11 percent.

  Compute the equity method balance in QuickPort Investment

Compute the equity method balance in QuickPort's Investment in NetSpeed, Inc., account as of December 31, 2021

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