What is the return on assets for each company

Assignment Help Financial Accounting
Reference no: EM133419449

Question: Key comparative figures ($ millions) for two companies, Alltech and SynergyXT, are presented in the following table.

Key Figures

Alltech

SynergyXT

Liabilities + owners' equity........... 

$11,502

$48,823

Net income................................. 

3,127

9,276

Sales......................................... 

15,453

44,612

For this exercise, perform a comparative analysis of these two companies that answers the following five questions:

What is the return on assets for each company? Alltech's beginning-year assets equal $8,101 (in millions) and SynergyXT's beginning-year assets equal $36,171 (in millions).

 

Reference no: EM133419449

Questions Cloud

Review understanding the time value of money to attain more : Review Understanding The Time Value of Money to attain more information on how the value of money is based on time. Find the following values for a lump sum
Evaluation of technology in health care : Explain your role and responsibilities as a manager in the evaluation of technology in health care.
Elements of consumer behavior : Using relevant elements of consumer behavior, explain your buying decision process for choosing the University of Washington to get your MBA degree.
Demonstrate to the ta that you can capture : Demonstrate to the TA that you can capture the four notes of the recorded piano using the script here.
What is the return on assets for each company : What is the return on assets for each company? Alltech's beginning-year assets equal $8,101 (in millions) and SynergyXT's beginning-year assets equal $36,171
Corporate sustainability business strategy : Analyse how sustainable HRM practices are relevant for companies to implement corporate sustainability business strategy to achieve economic,
Discuss why work in process inventory is problematic : Discuss why work in process inventory (WIP) is problematic. Does Rise Bakery Industry have excess WIP inventory?
How you are applying the project performance : Describing the relationships between them.This week, you will learn about the 8 project management performance domains and what activities are included within
What ways visuals add impact to brand communication : Explain in what ways visuals add impact to brand communication. What are the responsibilities of an art director?

Reviews

Write a Review

Financial Accounting Questions & Answers

  What company contribution margin ratio for Screentime Corp

$130 and has a unit contribution margin of $50. It has fixed costs of $40/unit at the current production volume. The company's contribution margin ratio is

  Determine whether or not the board can declare dividend

Beck Clothiers, Inc. has been a premier contractor for heavy duty work clothes for over forty years. Recently, due to the economic slowdown affecting the construction and other heavy labor industries, Beck's activity indicates that they may incur a l..

  What could be maximum payment to the preferred stockholder

If Kuhns earned $1.40 million this year, what could be the maximum payment to the preferred stockholders on a per share basis?

  What is an enterprise resource planning system

What is an enterprise resource planning system, and how does this system help companies utilize accounting data?

  Estimate materials-labor and overhead costs for coming year

Chander, Inc., manufactures cloth shopping bags. The controller is preparing a budget for the coming year and asks for your assistance. The following costs and other data apply to bag production: Prepare a production budget for the coming year. Estim..

  Question prepare at least two tables using revenue cycle

question prepare at least two tables using revenue cycle that would be used in a database for accounting cycle.use keys

  Is there an arbitrage opportunity

Bond A makes annual coupon payments and is currently selling for $105.50. Is there an arbitrage opportunity? If yes explain in detail how you can take advantage

  What does advanced micro devices limited propose to purchase

What does Advanced Micro Devices Limited propose to purchase from its Bankers? How much does Advanced Micro Devices Limited acquire of a half year LIBOR 56?

  Determine the amount of the annual payment

Determine the amount of the annual payment that will pay off the debt. In December 2013, Dayanara bought a new BMW 328i car for $ 70,000

  Prepare the journal entry to record the receipt of payment

Thomson Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2.

  How much money have you accumulated for your retirement

You are going to withdraw $75,340 every year at the beginning of the year for the next 19 years starting from today. How much money have you accumulated

  What do you think of colleens ac?ons

What types of information about their businesses would owners be willing to provide bankers? What types of information would owners not be willing to provide?

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