What is the return on asset

Assignment Help Accounting Basics
Reference no: EM133113782

Question - Bulldogs Inc. has a total asset and total sales of P1,500,000 and P4,500,000, respectively. If the net income of the firm is only 4% of the sales revenue, what is the return on asset?

Reference no: EM133113782

Questions Cloud

Compare cleveland clinic financial ratios : Compare Cleveland Clinic's financial ratios for the most recent three years against the national norma and include analytical comments and how the organization
Determine the total depreciation and amortization expense : During 2022, Bulldogs Inc. made P14,500,000 capital expenditures net of depreciation. Determine the total depreciation and amortization expense of Bulldogs Inc
Compute the net present value : The Horizon Company will invest $67,000 in a temporary project that will generate the following cash inflows for the next three years.
Explain potential customers five areas : As an assistant portfolio manager you have been asked to attend a meeting and explain to potential customers five areas where derivatives could be applied.
What is the return on asset : Bulldogs Inc. has a total asset and total sales of P1,500,000 and P4,500,000, respectively. What is the return on asset
Create a financial plan for mina and majid : Majid and Mina are a couple living in Ontario. They have one child, a daughter named Hana. Hana is 11 years old and was born in Ontario. Majid and Mina value po
What is the project npv-atlantic manufacturing : Atlantic Manufacturing is considering a new investment project that will last for four years. The delivered and installed cost of the machine needed for the pro
What is the cost of the trade credit it provides : Established in 1999, PT Himawari Sun sells its household products with terms of 3/15 EOM, net 30, to its customers. What is the cost of the trade credit
Challenges affecting human service organizations : What do you think are the key challenges affecting human service organizations today? How well are our organizations and professions

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the effect of the proposed accounting treatment

What is the effect of the proposed accounting treatment on balance sheet of 2015? Specify exactly where the effect will be

  Trevor hancock has just retired he has set aside enough

trevor hancock has just retired. he has set aside enough money in his retirement fund to be able to withdraw 15000 per

  What is the cost of points for the mortgage

What is the cost of points for this mortgage rounded to the nearest dollar? What is the cost of points for this mortgage rounded to the nearest dollar?

  Prepare the journal entries for the restructuring

Provide your manager a comparison of the current reporting for debt,explaining the requirements for each type (bond, mortgage, capital lease, andothers). Then, prepare the journal entries for the restructuring.

  Question - Standard Costs and Balanced Scorecard

Question - Standard Costs and Balanced Scorecard. Compute all of the variances for (1) direct materials and (2) direct labor

  What is the return on equity ratio

The records of Everyday Electronics Corporation for a particular period include the following: Average total assets $760,000 Average total liabilities 485,000 Total revenue 200,500 Total expenses (including income tax) 135,000 What is the return o..

  Determine variable factory overhead controllable variance

Determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance

  Calculate lisa taxable income and net tax payable

You are required to calculate Lisa's taxable income, net tax payable, Medicare Levy and Medicare Levy Surcharge.for the year ending 30 June 2020

  Prepare the journal entries for the fagan co. transactions

Prepare the journal entries for the Fagan Co. transactions shown above

  What costs should Deskin capitalize for the new machine

Deskin also added a wing to the manufacturing building that it owns. What costs should Deskin capitalize for the new machine

  When asked to bid on the next contract for this engine

When asked to bid on the next contract for this engine, the minimum unit price that Gaza Systems should bid

  Prepare the multiple-step income statement

UNDER THE PERIODIC INVENTORY SYSTEM: Instructions - Journalize the July transactions for (1) Tramley Company and for (2) Simpson Co

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