User Account

All Pages

Compute violet corporation return on assets

Assignment Help Accounting Basics
Reference no: EM132204945

Question - The following data were extracted from the records of Violet Corporation:

Profit P200,000

Interest expense 24,000

Preference dividend 20,000

Beginning assets 900,000

Ending assets 1,100,000

Beginning ordinary equity 580,000

Ending ordinary equity 620,000

Required:

A. Compute Violet corporation's return on assets.

B. Compute Violet corporation's return on ordinary equity.

C. Is the financial leverage favourable or unfavourable? Explain.

Reference no: EM132204945

Questions Cloud

What are the validity of a strengths : What are the validity of a strengths, weaknesses, opportunities, and threats (SWOT) analysis in strategic planning?
Association with a cost object : For each of your monthly costs, list whether it is a direct or indirect cost based on its association with a cost object (family member).
How to manage their finances related to owning a vehicle : Help them by making a list of direct and indirect cost that will allow them to understand how to manage their finances related to owning a vehicle.
What are the alternatives to content-based filtering : What are the alternatives to content-based filtering and collaborative filtering recommender systems? When is it most useful to use these alternatives?
Compute violet corporation return on assets : The following data were extracted from the records of Violet Corporation: Profit P200,000. Compute Violet corporation's return on assets
Calculate wayne basis at the end of the year : Wayne has a beginning basis in a partnership of $46,000. Cash distribution: $12,000. Calculate Wayne's basis at the end of the year
What are matthew initial basis and allowed losses : In 2014, Matthew contributes equipment with an adjusted basis of $40,000, What are Matthew's initial basis, allowed losses, and ending at-risk amount
Calculate the factory overhead application rate : Actual factory overhead incurred in the year to 30 June 2015 was $72,000. Calculate the factory overhead application rate (per direct labour hour) for the year
Incentive of status to reward or inspire sales associates : Which is an example of giving the specific incentive of status to reward or inspire sales associates?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd