1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Retain the small predictable layers of risk and transfer the unpredictable catastrophic layer of risk. Does this statement promo
ELEN [110]

Answer:

Yes the statement does

Explanation:

Retaining small predictable layers of risk and transferring the unpredictable catastrophic layer of risk to a more capable body is a very good approach towards  promoting appropriate risk financing decision making, this is because

Financial risk decisions are decisions taken between alternatives i.e risks associated with business activities . it is more appropriate to take alternatives with a predictable layer of risk,that way it would be easier for the management to handle the risk associated with it, while transferring the unpredictable catastrophic layer of risk to a more capable body ,like the Insurance companies .

7 0
3 years ago
What are some ways to manage a stakeholder relationship closely? Give examples of how you might manage relationships differently
Ludmilka [50]
<span>Managing a relationship closely usually involves more time and communications. You might meet with the stakeholder more often or communicate in other ways. There are many ways to work with unique personalities. Some people need a lot of attention and small talk, while others prefer a more direct approach, for example.</span>
4 0
3 years ago
What type of body language are helpful when saying no to a situation
Roman55 [17]
Not slouching. having good eye contact. have good hand gestures. 
7 0
3 years ago
Firms that are _______ recognize that including a strong social orientation in business is a sound strategy that is in the best
ruslelena [56]

Answer:

Socially responsible

Explanation:

The term social responsibility refers to give back to the society in which its operates. A firm being socially responsible means that it has an obligation to act for the benefit of society at large.

Being socially responsible helps both the society at large and also the firm. It helps the firm in the sense that it changes the orientation or give a good impression of the firm to the society and also helps the organisation to gain a bigger and larger customer base.

To the society, social responsibility of the a firm provides some basic needs that will improve the well being of the society.    

Example of social responsibility by firms may include, organizing seminars that helps the society to gain more knowledge about a particular phenomenal, construction of health care centers, roads and making  the environment more beautified.

6 0
3 years ago
Ming Company had net income of $772,200 based on variable costing. Beginning and ending inventories were 7,800 units and 5,200 u
Otrada [13]

Answer:

$764,400

Explanation:

Given that,

Net income under variable costing = $772,200

Beginning inventories = 7,800 units

Ending inventories = 5,200 units

Fixed overhead per unit = $3

Net income under absorption costing:

= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]

= $772,200 - [(7,800 - 5,200) × $3]

= $772,200 - $7,800

= $764,400

7 0
3 years ago
Other questions:
  • Ihi ta 101 from the viewpoint of the world health organization, “health” is defined as:
    15·1 answer
  • Do you think that modern society has contributed to the number of youth suicides? Why or why not?
    12·2 answers
  • Seventeen years ago, Susan designed a corrugated steel culvert for a rural road. Her work was accepted and paid for by the count
    12·1 answer
  • Assume that an investor buys 250 shares of stock at $ 36.55 per​ share, putting up a 46 % margin. a. What is the value of the​ p
    15·1 answer
  • a firm in a perfectly competitive industry is producing 1000 units of output and earning revenues of 50000. At that level of out
    6·1 answer
  • What are the two key questions for an operations manager in the inspection​ process? A. How to​ inspect? What to​ inspect? B. Wh
    15·1 answer
  • Label each of the following scenarios with the correct combination of price change and quantity change. In some scenarios, it ma
    11·1 answer
  • When should an Accountant user use the Write Off tool in QuickBooks Online?
    8·1 answer
  • I need help please &lt;3 I give brainly
    8·1 answer
  • Which entity is placed in charge of determining whether a state discriminated against goods or people from another state
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!