Farn3e9ldCoona Farn3e9ldCoona

23-01-2017
Mathematics

contestada

A firm has a debt to asset ratio of 75%, $264,000 in debt, and net income of $49,280. calculate return on equity

Respuesta :

nobillionaireNobley nobillionaireNobley

31-01-2017

Asset = 264,000 / 0.75 = $352,000
Shareholders equity = $352,000 - $264,000 = 88,000

Return on equity = 49,280 / 88,000 x 100% = 56%

Answer Link

Otras preguntas

What is the author’s purpose in the Above passage, and how does he achieve it through his organization and choice of details

a right cylinder has a diameter of 12 m and a height of 12 m. what is the volume of the cylinder

1.What’s the difference between a text written in procedural order and a text written with a cause-and-effect structure?

HELP!!!!!A marble rolls 60ft at a speed of 12 fps. how much time did it take?

Why do people go on safaris

(10 pt) Which type of worm has eyespots and can regenerate a damaged body part when it is injured? A. flatworm B. roundworm C. leech D. segmented w

How did Hitler establish a totalitarian state in Germany?

Can someone please help me it’s maths

Help me plzzzzzzzzzzzzzzzzzzzzz

Help urgently! I'll give you 20 points! beg