What portion of total assets is financed with debt

Reference no: EM131394142

Fido's Dog Spa's financial statements show that its total assets equal $100,000, its return on assets (ROA) is 3 percent, and its return on equity (ROE) is 5 percent.

(a) Compute the company's net income.

(b) What portion of total assets is financed with debt? Fido's has no preferred stock.

Reference no: EM131394142

Questions Cloud

What does it mean to be ethical in business dealings : What does it mean to be ethical in business dealings? Should unethical business behavior be encouraged by business owners (stockholders) if such behavior increases the value of the stock they own in the short term?

What if the firm used much more debt to finance its assets : How do you think the stockholders will react if you decide to increase the proportion of the company's assets that is financed with debt from 35 percent to 50 percent? In other words, what if the firm used much more debt to finance its assets.

What is the importance of developing a wbs to manage project : What is the importance of developing a WBS to manage a project? How does the WBS contribute to the success of a project? Once the project schedule is finalized, what are the tools you can use to monitor the schedule?

What amount of extreme’s total liabilities is long term : What amount of Extreme's total liabilities is long term, and what amount is short term (current assets)?

What portion of total assets is financed with debt : Fido's Dog Spa's financial statements show that its total assets equal $100,000, its return on assets (ROA) is 3 percent, and its return on equity (ROE) is 5 percent.

Develop at least one new strategy to appeal : Determine what can be done to appeal to customer tiers outside your target market. Develop at least one new strategy to appeal to one or more of these groups, and write a description of that plan.

Compute the company’s current ratio : Horatio's has no preferred stock. Compute the company's current ratio.

Race and society final paper : Race & Society Final Paper, Students must complete a 7-10 page book review by the end of the semester. This paper is 20% of student?s overall grade. Ideally, these book reviews will be based on one of the books we have discussed in class

Explain-apply the phase of the project management life cycle : Imagine that you work as the project manager for an IT department. Your organization has recently approved the development of a mobile application. As the project manager, you will manage the development of the project. The project will include us..

User Account

All Pages