What are return on total assets for company a and b for 2009, Accounting Basics

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What are return on total assets for company a and b for 2009

Below is information for year ended 12/31/09 for Company A and Company B.

Company A Company B
Operating Inc. before $ 1000 $ 1000
Taxes and Interest
Interest Expense 400 0
Total assets - 12/31/09 10,000 10,000
Total debt 5,000 0
Equity 5,000 10,000
Tax Rate 40% 40%

what are Return on total assets for Company A and B for 2009 ?

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Accounting Basics: What are return on total assets for company a and b for 2009

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Accounting Basics: What are return on total assets for company a and b for 2009

Reference No:- TGS074696

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Recent Questions Asked Accounting Basics

Q : Write difference between short-run and long-run cost

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What are return on total assets for company a and b for 2009

Reference No:- TGS074696

Recent Questions Asked Accounting Basics

Q : Write difference between short-run and long-run cost

Q : Non verbal communication

Q : The debt is expected to be permanent what will happen

Q : Consolidated balance sheet at the date of takeover

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Q : Pricing objective for service firms

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