Determining the return on assets
Nagel. Inc. has sales of $330,600, total assets of $252,100, and a profit margin of 7.5 percent. What is the return on assets?
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Prepare and post the closing entries. Record the closing entries of the journal. Indicate closed accounts by inserting a line in both the Balance columns opposite the closing entry. Insert the new balance in the owner's capital account.
Its growth rate is 6.68%; its common stock now sells for $35.86. New stock can be sold to net $32.24 per share. What is Evanec's cost of new common equity?
How much is cost of goods manufactured for June? Show all your computations.Carbon Factors manufactures emission detectors and employs a job-order costing system. During June, the company's transactions and accounts included the following
What would be the total amount of these additional earnings? $6,000 x 40 = $240,000
In its second year, the company needed to get rid of excess inventory (the extra 2,000 units produced but not sold in 2011) so it cut back production to 16,000 units.
The dealer will lend you the entire amount at 3.9 percent interest, compounded monthly, for 48 months. What is the amount of the monthly payment?
You would like to buy a boat and know you can afford boat payments of $225 a month for 5 years. The interest rate is 7.65 percent, compounded monthly.
A television set costs $500 in the United States. The same set costs 550 euros in France. If purchasing power parity holds, what is the spot exchange rate between the euro and the dollar?
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