User Account

All Pages

What would be net income and return on assets

Assignment Help Financial Accounting
Reference no: EM132484264

walker glove and bat shop can open a new store that will have annual sales of $880000. it will turn over its assets 2.2 times per year. The profit margin on sales will be 12 percent.

Question 1: What would be net income and return on assets( investments) for the year be?

watsdon data system is considering expanding into a new product lime. new assets to support expansion will cost $910000. it is estimated that watson can generate $1.53 million in annual sales, with a 12 percent profit margin.

Question 2: what would net income and return on assets(investment) br for the year?

Reference no: EM132484264

Questions Cloud

Prepare statement of retained earnings for the three months : Prepare statement of retained earnings for the three months ended December 31, 2019. an adjusted trial balance as of December 31, 2019.
Compute nelson internal growth rate : Based on these projections, compute Nelson's "internal growth rate".
Review problem based on the article : How do you know if an article or book is a credible peer-reviewed academic source? What features or elements of an article or book do you look at and evaluate.
How much should you pay for the annuity : The annuity will pay you $1,200 per year, at the end of each year, for the next 30 years. You wish to earn 9% compounded annually. How much should you pay
What would be net income and return on assets : What would be net income and return on assets( investments) for the year be? walker glove and bat shop can open a new store that will have annual sales of $8800
Expected capital gain or loss for first year holding period : If you purchase this bond for $1,089.64 it will have a yield to maturity of 5.569%. What is the expected capital gain or loss for the first year holding period?
How you used data from class profile to modify instruction : How you used the data from the "Class Profile" to modify instruction to meet each child's learning needs and promote positive outcomes.
What are vanessas alternatives : What are Vanessa's alternatives? Who are the stakeholders in this situation? What ethical issues are involved? Vanessa Jones is the assistant chief accountant
Why is accumulated depreciation a credit balance : Why is accumulated depreciation a credit balance? Crimson Tide Music Academy offers lessons in playing a wide range of musical instruments.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute the percentage of ebitda to total revenues

Compute the percentage of EBITDA to total revenues for 2004. Round to one decimal place after converting to a percentage. Compute the ratio of EBITDA to interest expense for 2004. Round to one decimal place.

  Evaluate the firm''s cash conversion cycle

Evaluate the firm's cash conversion cycle.  Using the following information and a 365-day year, what is your estimate of the firm's present cash conversion cycle?

  Illustrate what is net realizable value of sanchez company

Prepare the journal entry for Sanchez Company to write off the Maximillan receivable. Illustrate what is the net realizable value of Sanchez Company’s accounts receivable before the write-off of the Maximillan receivable?

  Uses absorption-cost approach-what is markup percentage

Maggie Co. has variable manufacturing costs per unit of $20, and fixed manufacturing cost per unit is $15. Variable selling and administrative costs per unit are $4, while fixed selling and administrative costs per unit are $6. Maggie desires an ROI ..

  The equipments residual value is considered negligible

Kline Corporation holds 90 percent ownership of Andrews Company. On July 1, 20X3, Kline sold equipment that it had purchased for $36,000 on January 1, 20X1, to Andrews for $32,000. The equipment’s original six-year estimated total economic life remai..

  Will joy owe interest if so on what amount

Joy pays no estimated taxes and does not claim any tax credits on her current year return. Will Joy owe interest, if so, on what amount and for how many days?

  Definition for time collection

Choose the correct definition for time collection: A pre-loaded credit card used to pay employees. The process of gathering information about hours worked for one or more employees. A web-based application wherein employees can modify certain payroll..

  Unpredictability in the foreign currency markets

Smith & Sons routinely purchases inventory from Matsutoshi Corporation. Because of unpredictability in the foreign currency markets, transactions denominated in yen leave Smith & Sons exposed to the risks associated with exchange rate changes. Identi..

  What is the basis of the truck for determining depreciation

Tina owns a truck costing $20,000 and used for personal activities. The truck has a $9,600 FMV when it is transferred to her? business, which is operated as a sole proprietorship. What is the basis of the truck for determining depreciation?

  The value of decedent’s partnership

Decedent's family owned a partnership that invested in real estate worth $4 million at decedent's death. Decedent owns one-quarter interest in the partnership.What is the value of decedent’s partnership interest for estate tax purposes

  Stockholder''s equity section of the balance sheet

Danielson Company reported the following stockholder's equity section of the balance sheet on 1/1/15 (assume all common stock was issued on the same time):Common Stock, $3 par value, 16,000 shares issued and outstandingmce_markernbsp; 48,000

  How is a common-size income statement created

How is a common-size income statement created? What are the two causes of an increasing or decreasing sales number? Discuss all reasons that could explain an increase or decrease in gross profit margin.

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