Find return on equity for given net profit margin
EBM Corporation utilized $2 million in total assets last year to generate $5 million in sales. EBM's net profit margin was 4% and its debt ratio was 40%. What was EBM's return on equity?i) 4.00%ii) 1.70%iii) 10.00%iv) 16.67%
Now Priced at $5 (50% Discount)
Recommended (98%)
Rated (4.3/5)
Marsh Contractors agreed to construct a building at a contract price of $6,000,000. Marsh estimated total construction costs would be $4,000,000 and the project would be finished in 2012.
On July 1, Gandolfo Inc., a company which uses the accrual basis of accounting and is on a calendar year for financial reporting, received $13,500 cash in advance for 12 months of service to be performed monthly, beginning on receipt of payment.
Preston acquired 70% of Sanchez in January 2012. In allocating the newly acquired subsidiary's fair valu at the acquisition date, Preston noted that Sanchez had developed a customer list worth $ 65,000 that was unrecorded on its accounting records
Fuji Software, Inc., has the following mutually exclusive projects.
EBM Corporation utilized $2 million in total assets last year to generate $5 million in sales. EBM's net profit margin was 4% and its debt ratio was 40%. What was EBM's return on equity?
At the end of its accounting period, December 31, the Allowance for Doubtful Accounts for Far-Fetch Corp. showed a debit balance of $4,325. An aging of accounts receivable indicated the amount likely uncollectible to be $3,900.
Identify and explain the main functions of theory in social research.
General Fund payrolls for the year totaled $3,822,600. Of that amount, $472,040 was withheld for employees' federal income taxes; $291,740 for employees' share of FICA taxes; $171,610 for employees' state income taxes.
Spartan Stores is expanding operations with the introduction of a new distribution center. Not only will sales increase, but investment in inventory will decline due to increased efficiencies in getting inventory to showrooms.
1928096
Questions Asked
3,689
Active Tutors
1431153
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Question: Examine gender inequality on a global scale, considering how factors such as globalization, colonialism
Question: What is meant by indigenismo (Keywords in Week 2)? What is las cronicas de castas (Cope)?
Question: Which of the following are forms of media bias? (Select all that apply)
Question: Cases of local communities using modern technology to preserve and revive their traditions:
Jane is doing a study about tattoos. She is interested in studying the idea of the "tramp stamp" (a tattoo in the small of a woman's back).
Q1. Explain how the Code of the Suburbs differs from the Code of the Street? Q2. Explain your general thoughts on the book.
Question: In which of the following cases does female status tend to be highest? Group of answer choice