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3 years ago

Respect for an able leader's decisions goal attainment and customer satisfaction are examples of

1 answer:

5 0

Respect for an able leaders goal accomplishments, decisions and customer satisfaction is an example of appreciation of the leader's fine qualities and showing that the leader is carrying out his performance according to his/her expectations of what being a leader is.

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Keller Cosmetics maintains an operating profit margin of 7% and asset turnover ratio of 4.

Yanka [14]

Answer:

A) ROA = 28%

B) ROE = 20%

Explanation:

Requirement A

We know,

Return on Asset = $\frac{Net Income}{Average Total Assets}$

If we break the ROA formula, we can get,

ROA = $\frac{Net Income}{Net Sales}$ × $\frac{Net Sales}{Average total assets}$

We know, Profit margin = Net Income ÷ Net Sales; and

Asset Turnover ratio = Net sales ÷ Average total assets

Therefore, ROA = Profit margin × Asset Turnover

Given,

Profit Margin = 7% = 0.07

Asset Turnover = 4.0

Hence, Return on Asset = 0.07 × 4 = 0.28 = 28%

It shows how assets generate income over a period.

Requirement B

We know,

Return on Equity = $\frac{Net Income}{Stockholders' Equity}$

If we break the formula, ROE = (Asset ÷ Equity) × (Debt Burden) × ROA

Given,

Debt-Equity ratio = 1

We know, Debt-equity ratio = $\frac{Total Debt}{Total Stockholders' Equity}$

As debt-equity ratio is 1, debt = equity

Therefore, assets = 2 times of debt or equity

Debt Burden = Net Income ÷ (EBIT - Interest)

Debt Burden = (EBIT - Interest - Tax) ÷ (EBIT - Interest)

Debt Burden = $(21,000 - 8,200 - 8,200) ÷ $(21,000 - 8,200)

Debt Burden = $4,600 ÷ $12,800

Debt Burden = 0.359375

We have already got ROA from requirement A, ROA = 28% = 0.28

Hence, ROE = (2 ÷ 1) × 0.359375 × 0.28

ROE = 0.20125

ROE = 20%

6 0

3 years ago

What might you find out an about people who are described as credit risks

ludmilkaskok [199]

That they are not good choices to go with

7 0

3 years ago

jon schwartz is an electrical engineer. he works as a temporary worker for a contracting company that builds germ-free rooms for

balu736 [363]

'Jon Schwartz is an electrical engineer. he works as a temporary worker for a contracting company that builds germ-free rooms for university researchers. While he likes the extra income, he would much rather stay home and work on the novel he is writing. his wife earns a six-figure income so money is not an issue. Schwartz is an example of a(n) contingent worker.

Contingent workers, additionally called impartial contractors or 1099 people, are folks who lend their skills and information to a commercial enterprise on a venture with the aid of-project or short-time period basis.

Contingent people, also called independent contractors or 1099 people, are folks that lend their skills and know-how to a commercial enterprise on an assignment-by-using-assignment or short-term foundation.

While you rent a contingent staff for short-term assignments, it allows you to lessen expenses. Unlike everyday personnel, you don't need to manipulate and endure their overhead prices. Moreover, groups need now not provide them with other worker benefits like health insurance, perks, paid time off, and many others.

Learn more about Contingent workers here brainly.com/question/13872123

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7 0

1 year ago

Ted Corporation expects to generate free-cash flows of $200,000 per year for the next five years. Beyond that time, free cash fl

wariber [46]

Answer:

The value of Ted stock is $2.43

Explanation:

Free cash flow From Year 1 to 5 = $200000

Cash Flow Year 6 = 200000*1.05

= $210000

This cash flow is expected to grow forever, so the terminal value can be caluclated at Year 5 of the above perptuity by Gordon Growth model

Terminal Cash FLow Value at Year 5 = 210000/(15% - 5%)

= $2100000

Present Value of above stream

= 200000*PVIFA(5 yr, 15%) + 2100000*PVIF(5 yr, 15%)

= $200000*3.352 + $2100000*0.497

= $1714100

Value of equity = Present Value of Firm - Value of debt

= $1714100 - $500000

= $1214100

Number of shares = 500000

Value per share = $1214100/500000

= $2.43

Therefore, The value of Ted stock is $2.43

7 0

3 years ago

Landhill Corporation is authorized to issue 49,000 shares of $5 par value common stock. During 2020, Sandhill took part in the f

spayn [35]

Answer: Please see answer in explanation column

Explanation:

1. Journal to record common stock issued

Account title Debit Credit

Cash $210,400

Common stock $22,500

Paid in capital in excess of par $187,900

common stock

Calculation:

Cash = 4,500 x $45 + $7900= $210,400

Common stock =4,500 x $5=$22,500

Paid in capital in excess of par common stock = Cash - Common stock =$210,400-$22,500=$187,900

2) To reccord Land purchased in exchange of common stock

Account title Debit Credit

Land $50,600

Common stock $ 5,500

Paid in capital in excess of par $45,100

common stock

Calculation:

Land= 1,100 x $46 = $50,600

Common stock =1,100 x $5=$5,500

Paid in capital in excess of par common stock = 1100 x (46-5)$41=45,100

3) To record purchase of treasury stock

Account title Debit Credit

Treasury stock $19,270

Cash $19,270

Calculation:

Treasury stock = 470 shares x$41= $19,270

8 0

3 years ago