What the company return on total assets

Assignment Help Accounting Basics
Reference no: EM133106698

Question - National Company's net income last year was P65,000 and its interest expense was P15,000. Total assets at the beginning of the year were P630000 and total assets at the end of the year were P650,000. The company's income tax rate was 25%. What the company return on total assets (based on adjusted net income) for the year?

Reference no: EM133106698

Questions Cloud

Identify and prioritize the key financial risks : Distinguish between different kinds of risk and the steps involved in the financial risk management process and discuss the main financial risk management tools
Determine the amounts of other comprehensive income : Determine the amounts of other comprehensive income and comprehensive income for 2020. Net income for 2020 is $34,800
What is national current times interest earned ratio : ABC Corporation has P850,000 of debt outstanding, and it pays an interest rate of 10 percent annually. What is National current Times Interest Earned ratio
Design a plan for couple to try to achieve goals : Design a plan for this couple to try to achieve their goals and objectives - A recently married couple just graduated from post-secondary education
What the company return on total assets : National Company's net income last year was P65,000 and its interest expense was P15,000. What the company return on total assets
What the plants will be reported as assets : The Marigold Corp. has five plants nationwide that cost $235 million. The current fair value of the plants is $390 million. What the plants will be reported
What is the amount of the disbursement float : Back Woods Lodges has a book balance of $1,680, $1,470 in uncollected deposits, and $2,130 in outstanding cheques. What is the amount of the disbursement float
What is the maximum amount finley inc should pay : The applicable daily interest rate is .05%. What is the maximum amount Finley, Inc. should pay to completely eliminate the collection float
Journalize the lump-sum purchase of the three assets : Journalize the lump-sum purchase of the three assets for a total cost of $180,000, the amount for which the business signed a note payable

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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