User Account

All Pages

What the return on total assets

Assignment Help Accounting Basics
Reference no: EM132934874

Questions -

Q1) Selected information for DuckDuckGo Company as of December 31 is as follows: Ordinary Share P800,000; Nonconvertible, Noncumulative 8% Preference Share- P250,000; Retained earnings P370,000; Net Income for the year 240,000. What the DuckDuckGo's return on ordinary shareholders' equity for 2020?

A. P17%

B. P19%

C. P21%

D. P23%

Q2) The total assets of the ABC Company on January 1, 2020 were P2.3 million and on December 31, 2020 were P2.5 million. Net income for 2020 was P188,000. Dividends for 2020 totaled P75,000, interest expenses totaled P70,000, and the tax rate was 30%. What the return on total assets for 2020?

A. 9.5%.

B. 6.8%.

C. 9.9%.

D. 10.8%.

Reference no: EM132934874

Questions Cloud

What are equivalent units for material : Alpha Co. uses a FIFO process costing system. What are equivalent units for material, if material is added at the beginning of the process
Explores both sides of your issue : Which side of the argument is most strongly supported by the academic literature - report should clearly explores both sides of your issue
What is the most important output of the accounting cycle : (a) What is the most important output of the accounting cycle? (b) Do companies have an accounting cycle? Explain
Explain the rights of a mortgagee : Explain the rights of a mortgagee and mortgagor when a property is mortgaged under the Torrens title regime
What the return on total assets : Dividends for 2020 totaled P75,000, interest expenses totaled P70,000, and the tax rate was 30%. What the return on total assets for 2020
Why social responsibility and policy are key issues : Describe why social responsibility and policy are key issues in strategic management and how you will integrate them in your recommendations for your CLC group
What is the dividend yield : The company paid a dividend of $2.86 per share during the year, and had an ending share price of $70.83. What is the dividend yield
At what amount should montgomery record the note payable : At what amount should Montgomery record the note payable and corresponding cost of the building on January 1, 2021
Paper on old hand or new blood : Paper on Old Hand or New Blood

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd