Determine the return on total assets

Assignment Help Accounting Basics
Reference no: EM133119620

Question - Return on Total Assets - A company reports the following income statement and balance sheet information for the current year:

Net income $578,000

Interest expense 102,000

Average total assets 5,000,000

Required - Determine the return on total assets. If required, round the answer to one decimal place.

Reference no: EM133119620

Questions Cloud

What is estimated price of delta : The long-term historical growth rate of dividends for the S&P 500 is 6%. Assume the dividends grow at 6% in perpetuity and the discount rate is 8%, what is your
Growth in national income in countries : Some countries do not have well-established market for debt securities or equity securities. Why do you think this can limit the development of the country, bus
Calculate the actuarial gain for this plan : There are no deaths or terminations other than retirement in 2003. Calculate the actuarial gain for this plan for the calendar year 2003
What trade is necessary to reduce beta : A company has a $50 million portfolio with a beta of 1.3 relative to a stock index. The futures price for a contract on the stock index is 3,000. Futures contra
Determine the return on total assets : A company reports the following income statement and balance sheet information for the current year: Determine the return on total assets
Analyze an article on a financial topic : You will analyze an article on a financial topic that is currently making news. After reading the article,
Sources of value in an investment : What are the two sources of value in an investment? Given an example of each
Determine the company ratio of fixed assets : Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity
Finding the press release for nordstrom : Generally, companies that are publicly owned publish financial results each quarter in the form of a news release sometimes referred to as an "earnings release"

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.

  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!

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