What is return on equity

Assignment Help Accounting Basics
Reference no: EM133144578

Question - ABC Corp. has Sales of 10,000, gross margin of 35%, operating expenses 2,500 and a tax rate of 30%. Asset turnover is 2 and debt is at 500 with an interest rate of 7%. What is return on equity?

Reference no: EM133144578

Questions Cloud

Introduces tableau for data visualization : This course introduces Tableau for data visualization. You as the subject matter expert (SME) are asked to support or offer an alternative solution to Tableau.
What is the approximate amount of life insurance : Assuming an annual investment return of 4.5% and an average annual rate of inflation of 2.5%, what is the approximate amount of life insurance Xue needs
Initially considered only as means of securing market access : Initially considered only as means of securing market access, alliances today are an integral part of global strategies in all parts of the value chain.
Prepare a schedule reflecting an incremental analysis : Prepare a schedule reflecting an incremental analysis of this proposal and indicate the effect the acceptance of this order might have on the company's income
What is return on equity : ABC Corp. has Sales of 10,000, gross margin of 35%, operating expenses 2,500 and a tax rate of 30%. What is return on equity
Financial Statement Analysis : Obtain the basic financial statements for the two companies. Company annual reports are normally posted under the "Investor Relations" tab of their web sites.
Strictly defensive approach to self-governance : Some accounting professional firms take a strictly defensive approach to self-governance.
Determine the decision-making process : Suppose you work at a firm as an IT executive and your office management has been running their whole operation online since the lockdown started.
Explain 5 communication barriers : 1. Explain 5 Communication Barriers 2. How to become a more effective listener 3. Explain Negotiation Process

Reviews

Write a Review

Accounting Basics Questions & Answers

  What would be the recognizable gain

x receives $200,000 in return for investing its plant and equipment. What would be the recognizable gain on January 1, 2013 arising from x's investment in y?

  Evaluate who are the stakeholders in the scenario

Recommend a decision. Make sure to provide the rationale for your decision. Evaluate who are the stakeholders in this scenario.

  In december 2008 jens company established its predetermined

in december 2008 jens company established its predetermined overhead rate for jobs produced during year 2009 by using

  For how many years has the deposit been invested

The bank pays an interest rate of 10% compounded annually, and the deposit is now worth $30,052. For how many years has the deposit been invested

  What will be the average cost

What will be the average cost to bake 4,000? (Do not round intermediate calculations. Round your final answer to 4 decimal places.)

  Determining total budgeted cost of direct labor

The production of each TV set requires 1.5 direct labor hours. The average cost of each direct labor hour is $10.50. If scheduled production for May is 2,000 TVs, what will be the total budgeted cost of direct labor?

  How much will have in the retirement fund

How much will he have in his retirement fund when he retires? What rate of return must he earn on his retirement funds if he wants to withdraw $125,000 per year

  The manufacturing overhead budget at mahapatra corporation

the manufacturing overhead budget at mahapatra corporation is based on budgeted direct labor-hours. the direct labor

  What is smith tax expense for the year ending december

Revenue deferred for book but recognized for tax 55,000 2012 statutory tax rate 40%. What is smith's tax expense for the year ending December 31, 2012

  Define the term "earnings per share"

Define the term "earnings per share" as it applies to a corporation with a capitalization structure composed of only one class of common stock. Explain how earnings per share should be computed and how the information should be disclosed in the corpo..

  Required rate of return on a riskless bond

Problem: Assume that investors have recently become more risk averse, so the market risk premium has increased. Also, assume that the risk-free rate and expected inflation have not changed. Which of the following is most likely to occur?

  Post the transactions using the standard t-account form

Campbell's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, Post the transactions using the standard t-account form

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