What is the return on equity

Assignment Help Accounting Basics
Reference no: EM132821132

Question - Ajax Company has a debt-equity ratio of 0.75. Return on assets is 9.5 %. What is the return on equity?

Reference no: EM132821132

Questions Cloud

Defining workforce diversity in a multinational enterprise : There is evidence supporting a correlation between the recent rise of the Black Lives Matter (BLM) movement and an increase in corporate attention
Discuss the ransomware attack of september : Cyber attack on Universal Health Services, Inc., 2018 - What went well with the response? What were the significant challenges with the response?
Which is not within the scope of aasb share-based payment : Which is not within the scope of AASB 2 share-based payment? Transactions in which the entity receives or acquires goods or services
Why is mentoring important in the workplace : What is and why is mentoring important in the workplace? Does it really make a difference in personal and professional development?
What is the return on equity : Question - Ajax Company has a debt-equity ratio of 0.75. Return on assets is 9.5 %. What is the return on equity
How did the new deal change labor relations : How did the New Deal change labor relations in the United States?
Determine total amount of delivery service cost : Determine total amount of a) delivery service (product) costs and b) period costs. Gas and oil for delivery trucks 2,200. Repairs on office equipment 180
Calculate PB, DPB, NPV, IRR and PI for the project : Calculate PB, DPB, NPV, IRR and PI for the following project: net cash flows for this 5 year project are: $250,000, $300,000, $400,000, $500,000 and $200,000
Example of hr competencies-in-action by hr professionals : Identify 3 example of HR competencies-in-action by HR professionals. Detailed explanations please.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of their itemized deductions

Duke and Pat Collins have adjusted gross income of $500,00 for 2010. What is the amount of their itemized deductions

  Determine which company you will analyze for the project

Determine which company you will analyze for the project. Your selection may be subject to your professor's approval

  Compute work in process inventory on june 30

Records for Claire's Manufacturing contained the following data and Compute: A) Work in process inventory on June 30? b) Finished goods inventory on June 30?

  Prepare the accounting entry to record interest expense

Prepare the accounting entry to record interest expense and any related amortization on December 31 of the first year using the effective interest rate method

  Lundquist paid the amount previously written off

On December 31, 2012, Dita Co. estimated that 2% of its net sales of $400,000 will become uncollectible. The company recorded this amount as an addition to Allowance for Doubtful Accounts. On May 11, 2013, Dita Co. determined that the Alex Lundqui..

  What is the predetermined overhead rate

A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate

  Prepare a short memo to betty

Research the related GAAP and prepare a short memo to Betty that summarizes how to report the $500,000 note payable and $200,000 account receivable

  Pantanal inc manufactures car seats in a local factory for

pantanal inc. manufactures car seats in a local factory. for costing purposes it uses a first-in first-out fifo process

  How much of a deductible loss will be taken this year

Don Juan, a single taxpayer, is the sole owner of DJ's Inc., an S Corporation. How much of a deductible loss will be taken this year

  What is the total cash paid to the preferred stockholders

Assume that Corporation X has 20,000 shares of $10 par value cumulative 6% preferred stock and 5,000 shares of common stock outstanding. No dividends were paid in 2009 and 2010. In 2011, the board of directors declares dividends of $50,000. What i..

  Should the employees report benefit received as gross income

In which of the following cases should the employees report the benefit received as gross income?

  Find the total dollar amount credited to additional paid

The par value of all common stock is $10. Find the total dollar amount credited to additional paid in capital - common stock on August 1, 2018

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