Return on stockholders equity

Assignment Help Accounting Basics

Reference no: EM13763104

Fondren Machine Tools has total assets of $3,130,000 and current assets of $866,000. It turns over its fixed assets 2.7 times per year. Its return on sales is 8.5 percent. It has $1,920,000 of debt.

What is its return on stockholders' equity?

Reference no: EM13763104

Questions Cloud

Program solves the n-queens problem : you will write a program that solves the N-Queens problem by the backtracking method. The pseudocode for the solution is on the last page. Your program should run in standard Java, either as an application or an applet.

Common pattern or stages involved in corporate violence : Identify and discuss the most common pattern or stages involved in corporate violence.

Subtraction from the book balance : Classify the following items as (a) an addition to the bank balance, (b) a subtraction from the bank balance, (c) an addition to the book balance, or (d) a subtraction from the book balance:

Create a new animal that flys with a jetpack : Create a new animal that flys with a jetpack. This will require a new fly behavior and a new class. This new animal eats kale.

Return on stockholders equity : What is its return on stockholders' equity?

Factors of production and economic activities : In a command or planned economy, the government, not the market, regulates the factors of production and economic activities considered essential to the function of the economy.

Identify the degree and cardinalities of the relationship : A piano manufacturer wants to track all pianos it makes. Each piano has a unique serial number and a manufacturing completion date. Each instrument represents exactly one piano model, all of which have an identification number and model.

Summarize what you learned from the poverty usa website : Summarize what you learned from the Poverty USA website and how this knowledge will be useful to you in your current or future professional practice.

What characteristics of virtual storage make this possible : The manual for a popular operating system points out that the number of concurrent users on the system can be increased if the users are sharing programs, such as editors, mail readers, or compilers. What characteristics of virtual storage make th..

User Account

All Pages