Farn3e9ldCoona Farn3e9ldCoona
  • 23-01-2017
  • Mathematics
contestada

A firm has a debt to asset ratio of 75%, $264,000 in debt, and net income of $49,280. calculate return on equity

Respuesta :

nobillionaireNobley
nobillionaireNobley nobillionaireNobley
  • 31-01-2017
Asset = 264,000 / 0.75 = $352,000
Shareholders equity = $352,000 - $264,000 = 88,000

Return on equity = 49,280 / 88,000 x 100% = 56%
Answer Link

Otras preguntas

Having a headache and intestinal discomfort from eating a food, without triggering the body's immune response is a sign of a _______
Which statements are true about the polynomial 4x3 – 6x2 + 8x – 12? Check all that apply. The terms 4x3 and 8x have a common factor. The terms 4x3 and – 6x2 ha
Necrosis and apoptosis are two ways a cell can: A) Change its location B) Grow C) Die D) Change its function
9. What must be added to the number below to make it divisible by 11, 82604 _9​
A volunteering for the community has numerous benefits
Which of the following crimes is NOT likely to be committed by someone who is unknown to the victim? -sexual assault , -robbery, -hate crime, -bank robbery
Construct a context-free grammar that generates each of the following sets of strings."Document" all the non-start variables in your grammar with an English des
for the following data, what's the SS between value B1 B2 A1. n=5 n =5 M = 1
A) First, write a one-two sentence career goal that includes all five parts of the DAPPS rule, explained in Chapter 3. This should be different from the educati
Passive tense They have taught math this school for a linguistics time