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Marat540 [252]
2 years ago
7

Ondren Machine Tools has total assets of $3,930,000 and current assets of $829,000. It turns over its fixed assets 3.8 times per

year. Its return on sales is 6.5 percent. It has $1,280,000 of debt.
What is its return on stockholders’ equity?
Business
2 answers:
Katarina [22]2 years ago
6 0

The return on stockholders’ equity is 28.90%.

<h3>How to calculate the stockholders’ equity?</h3>

Total Assets 3930000

Less: Total debt 1280000

Total Stockholders' equity 2650000

Total assets 3930000

Less: Current assets 829000

Fixed Assets 3101000

Total Assets 3930000

Less: Total debt 1280000

Total Stockholders' equity 2650000

Total assets 3930000

Less: Current assets 829000

Fixed Assets 3101000

Fixed Assets 3101000

X Fixed Assets turnover 3.8

Total revenue 11783800

Total revenue 11783800

X Return on sales 6.50%

Net income 765947

Net income 765947

Divide by Total Stockholders' equity 2650000

Return on stockholders’ equity 28.90%

Learn more about equity on:

brainly.com/question/25847981

#SPJ1

exis [7]2 years ago
3 0

Machine Tools has total assets of $3,930,000 and current assets of $829,000. It turns over its fixed assets 3.8 times per year. Its return on sales is 6.5 percent. It has $1,280,000 of debt.

What is its return on stockholders equity

= 2,650,000 dived total stockholders equity

= 28.90% return on stockholders equtiy

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A consumer equilibrium is a situation in which a consumer has allocated​ _____ of her income in a way that​ _____. A. ​all; maxi
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Answer:

The correct answer is (D) all, maximizes her total utility.

Explanation:

Consumer's equilibrium is a defined as a situation in which an individual uses his or her money to buy goods in a manner in which the person obtains the highest satisfaction and has no need for a change in the level of consumption on account of the price of the product.

Consumer equilibrum enables an individual to obtain complete satisfaction from his or her money. Consumer equilibrum is found by comparing the ratio of the marginal utility to the price of a commodity.

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3 years ago
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The following information relating to a company's overhead costs is available. Actual total variable overhead $ 75,000 Actual to
NARA [144]

Answer:

$5,000 favorable

Explanation:

The computation of the total variable overhead variance is given below:

= Budgeted machine hours allowed for actual output × Budgeted variable overhead rate per machine hour - Actual total variable overhead

= 32,000 hours × $2.50 - $75,000

= $80,000 - $75,000

= $5,000 favorable

Since the favorable is more than the actual so it should be favorable

6 0
3 years ago
While entrepreneur is a type of _______ role, leader is a(n) ______ role.
sp2606 [1]

While entrepreneur is a type of decisional role, leader is a(n) interpersonal role.

<h3>Who is an entrepreneur?</h3>

An entrepreneur is an individual who is responsible for making decisions regarding the control, financing and organization of a business.

<h3>Who is a leader?</h3>

A leader is an individual who is either elected or appointed to oversee the activities of a particular group of people at a particular time. He must be able to interact effectively with his followers in order to ensure unity and progress.

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4 0
1 year ago
Producer surplus equals a. Value to buyers - Costs of sellers. b. Amount received by sellers - Costs of sellers. c. Value to buy
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Answer:

Amount received by sellers - Costs of sellers. 

Explanation:

Producer surplus is the difference between the price of a good and the cost to sellers. It is the difference between price and the least amount sellers would be willing to sell their products.

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Consumer surplus = Value to buyers - Amount paid by buyers.

I hope my answer helps you

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4vir4ik [10]

The correct answer to this open question is the following.

Although there is no further information about the case of study, we can say that the question possible refers to the case where the name of the company is just "The Client." The name of the document is "Leading Innovation Change - The Kotter Way."  

This case refers to the challenges faced by an organization when it is time to innovate. Many members want to innovate but the culture of the company or the lack of proper leadership from managers often hinders the innovation efforts of the company.

So some of the elements of Kotter's Eight Stages of Leading Change that were included in the case were the following.

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Form a Powerful coalition. The company had to be very selective about the kinds of products that could help it to successfully compete in the future. The company had to use the best it had to establish priorities.

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Communicate the vision. This new vision had to be shared through the entire company. The members had to understand the importance of the innovative practices and each and every one of them had to be part of this new mentality.  

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