What is the return on equity roe

Assignment Help Finance Basics
Reference no: EM13666981

A company has taxable income of $1,760 with a tax rate of 38 percent. Owners equity is: $400 in stock, $200 in capital surplus, and $200 in retained earnings. What is the return on equity (ROE)?

Reference no: EM13666981

Questions Cloud

What is the value of the capacitance : An LC circuit has a 10.0 mH inductor. The current has its maximum value of 0.600 A at t = 0 s.A short time later the capacitor reaches its maximum potential difference of 67.0 V. What is the value of the capacitance?
What is the celsius temperature of low-temperature reservoir : An ideal heat engine with a Carnot efficiency of 38.9 % takes in heat from a high-temperature reservoir at 155oC. What is the Celsius temperature of the low-temperature reservoir?
New material is found to be superconducting : A new material is found to be superconducting below 116 K. How much resistance will a 40 mm long sample of this material have if it is at a temperature of 104.4 K while linked to a 3.2 V AC-power supply?
Angular magnification if the lens is close to the eye : An insect that is 5.90 mm long is placed 11.5 cm from a converging lens with a focal length of 12.0 cm. The position of the image is 276 cm from the lens and the size of the image is 141.6 mm. What is the angular magnification if the lens is close to..
What is the return on equity roe : A company has taxable income of $1,760 with a tax rate of 38 percent. Owners equity is: $400 in stock, $200 in capital surplus, and $200 in retained earnings. What is the return on equity (ROE)?
What is magnetic field inside solenoid as a function of time : A solenoid of radius a and n wires/meter has a current which increases from 0 at a rate of K=dI/dt. What is the magnetic field inside the solenoid as a function of time? What is the induced electric field inside the solenoid as a function of time?
The free-fall acceleration at the surface of planet : The free-fall acceleration at the surface of planet 1is14 m/s2. The radius and the mass of planet 2 are twice those of planet 1. What is the free-fall acceleration on planet 2?
What is the minimum thickness of the film : A thin film of soap with n = 1.39 hanging in the air reflects dominantly red light with λ = 651 nm. What is the minimum thickness of the film? Now this film is on a sheet of glass, with n = 1.46. What is the wavelength of the light in air that will n..
Decide the temperature at which the rms speed : Decide the temperature at which the rms (root-mean-square) speed of an He atom equals 990 m/s. What is the rms speed of He on the surface of a certain star, where the temperature is 5374 K? 75. Two narrow slits are illuminated with a laser with a wav..

Reviews

Write a Review

Finance Basics Questions & Answers

  Based on the ratios calculated discuss briefly the

condensed balance sheet and income statement data for sievert corporation are presented here and on the next page.

  If the firm has 100 shares of common stock outstanding a

the smythe corporations common stock is currently selling at 100 per share which represents a pe ratio of 10. if the

  Schism inc has a total debt ratio of 070 total debt of

schism inc. has a total debt ratio of 0.70 total debt of 265000 and net income of 24850. what is the companys return on

  Solution to future values

Evaluate the future values of following first assuming that payments are made on the last day of the period and then assuming payments are made on the first day of the period:

  How long will it take him to pay off the loan

Your neighbor just received a credit offer in an e-mail. The company is offering him $6,000 at 12.8 percent interest. The monthly payment is only $110. If he accepts this offer, how long will it take him to pay off the loan?

  Would multinational corporations still exist

If capital markets were perfect, that is capital could move freely across national borders, would multinational corporations still exist? why? or why not?

  Build the income statement and balance sheet for cando inc

build the income statement and balance sheet for cando inc. based on the information given belowaccounts

  Explain what is the maximum capital budget

Explain what is the maximum capital budget that can be adopted without adversely affecting stockholder wealth

  What factors are involved in this decision

A member of your board has asked if you have considered competitive bids for the distribution of your securities compared with a noegotiated contract with a particular firm. What factors are involved in this decision?

  Which of following risks is irrelevant to well-diversified

Which one of the following risks is irrelevant to a well-diversified investor?

  Discuss on stock market movement and market inefficiency

Discuss on stock market movement and market inefficiency and Assume that no other information is received and that the stock market as a whole does not move

  What break-even resale price in three years

What break-even resale price in three years would make you indifferent between buying and leasing?

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