What is the return on equity

Assignment Help Accounting Basics
Reference no: EM13762865

Question 1: The Jamestown Group has equity of $421,000, sales of $792,000, and a profit margin of 6 percent. What is the return on equity?

  • 8.87 percent
  • 6.19 percent
  • 11.29 percent
  • 10.27 percent
  • 9.37 ercent

Question 2: ABC Corporation has the following ratios: Total Asset Turnover= 1.6 Total debt to total assets= 0.5 Current Ratio= 1.7 Current Liabilities= $2,000,000 Sales = $16,000,000 What is the amount of current assets?

  • 2,000,000
  • 3,200,000
  • 3,400,000
  • 1,000,000

Question 3: ABC's balance sheet indicates a book value of shareholders' equity of $897,703. The firm's earning per share are $2.9 and the price-earnings ratio is 11.96. If there are 52,701 shares outstanding, what is the market-to-book ratio?
Enter your answer rounded off to two decimal points.

Hint: Market value per share is same as market price per share

Question 4:  If the debt ratio is 0.20, the Equity Multiplier is:

  • 1.25
  • 0.25
  • 1.20
  • 0.20
  • 0.80
  • 1.5

Reference no: EM13762865

Questions Cloud

Constant growth rate-investors required rate of return : Calculate the price that you would be willing to pay for a constant growth stock that has the following characteristics: (a) Annual Dividend: $1.23, (b) Constant Growth Rate: 5.6%, and (c) Investor’s required rate of return: 6.5%.
Write pseudocode to calculate the total price of the items : Create a line on the output receipt that identifies the item its price and the sales tax applicable to that item. Keep a running total of item prices and taxes.
Compare the performance of fidelity freedom : Compare the performance of Fidelity Freedom 2010 Fund to the performance of Fidelity Freedom 2040 Fund. Explain the reasons for the difference in portfolio performance. Discuss what this suggests relating to your investments.
Describe the competitive nature of this industry : Assume that the demand for chalk is = 8 -0.1, where P is the market price and Q is the total market output measured in thousands of boxes of chalk. Suppose that there are three firms in this industry, each of which has a constant variable cost of $2...
What is the return on equity : Question 1: The Jamestown Group has equity of $421,000, sales of $792,000, and a profit margin of 6 percent. What is the return on equity?
Total cost is used to determine the price : A company has $45 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 108,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price?
What are the characteristics of structured interviews : Describe the structured interview. What are the characteristics of structured interviews that improve on the shortcomings of unstructured interviews? Develop one original situational question and an accompanying rating scale using benchmark responses..
List the three boolean operators the lionsearch accepts : List the three Boolean operators the LionSearch accepts and describe the operation each performs. Explain the difference between the query "information systems" and information systems
Part of the process of cost allocation : Which of the following is not part of the Process of cost allocation?

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Faith inherited an undivided interest in a parcel of land

faith inherited an undivided interest in a parcel of land from her father on february 15 2012. her father had purchased

  Milton company purchased land and the office building on

milton company purchased land and an office building on september 1 for a combined cash price of 2200000. the land had

  Determine the balance of the work in process account use a

shown below are the job cost related accounts for the law firm of barnes king and morton and their manufacturing

  On january 1 2008 jeremiah corporation had 40000 of 12 par

on january 1 2008 jeremiah corporation had 40000 of 12 par value common stock outstanding. on june 1 2008 jeremiah

  A company can buy a machine that is expected to have a

a company can buy a machine that is expected to have a three-year life and a 3290 salvage value. the machine will cost

  On july 1 2010 brower industries issues 8000000 of 5-year

on july 1 2010 brower industries issues 8000000 of 5-year 11 bonds at an effective interest rate of 12 receiving

  Determine the total cost of ending work in process

scribners corporation produces fine papers in three production departments pulping drying and finishing. in the pulping

  Write a paper that describes the main aspects of the

write a paper that describes the main aspects of the regulatory environment which will protect the public from fraud

  Can someone help me with this financial accounting tools

can someone help me with this. financial accounting tools for business decision making 6th edition. kimmel weygandt

  Decision-making process by the bank

Do you think this an accurate statement on the loan request process? What other considerations or information likely are part of the decision-making process by the bank?

  Role of accounting in business

The role of accounting in business is best defined as

  Case 2 mohican company presented below is the current

case 2 mohican company presented below is the current liabilities section and related note of mohican company.

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