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.
1952918
Questions Asked
3,689
Active Tutors
1424719
Questions Answered
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!
Effectiveness studies typically feature well defined groups of patients, usually meeting diagnostic criteria for a chosen disorder but no others.
The nurse assesses a 3-month-old infant with fluid overload caused by poor cardiac function. Which finding indicates the condition worsening?
The study was descriptive and used mixed-methods case study on will strategically select survey respondents and interview participants
The client has received a nebulizer treatment with a bronchodilator for the treatment of bronchospasm related to an inhalation injury.
Client with congestive heart failure and fluid volume over lax ehT assessment should nurse perform to accurately meSure fluid volume statuses
What physical investigations (blood tests, medical imaging, etc.) might the GP request at the end of the brief consult with Alison
An 11-year -old child presents to the clinic for an annual visit. Which healthcare provider order should the nurse question?