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uysha [10]
4 years ago
6

Galaxy Inc. has a tax burden ratio of .75, an interest burden of .6, a leverage ratio of 1.25, and a return on sales of 10%. Thi

s year the firm makes $2.40 in sales per dollar of assets. What is the firm's ROE?
a. 15%
b. 11.5%
c. 13.5%
d. 20%
Business
1 answer:
emmainna [20.7K]4 years ago
6 0

Answer:

Return on equity = 13.5 %

Explanation:

given data

tax burden ratio = 0.75

interest burden = 0.6

leverage ratio = 1.25

return on sales = 10%

sales assets = $2.40

to find out

What is the firm's ROE

solution

we get here Return on equity (ROE) that is express as

Return on equity = tax burden ratio ×leverage ratio × interest burden ratio × return on sale × sales      .......................1

put here value we get

Return on equity =  0.75  × 1.25  × 0.6  × 10%  × 2.40

Return on equity =  0.75  × 1.25  × 0.6  × 0.10  × 2.40

Return on equity = 0.135

Return on equity = 13.5 %

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Suppose that you have just borrowed $250,000 in the form of a 30 year mortgage. The loan has an annual interest rate of 9% with
Oksi-84 [34.3K]

Answer:

Consider the following calculations

Explanation:

  • PMT(Interest_Rate/Num_Pmt_Per_Year,Loan_Years*Num_Pmt_Per_Year,Loan_Amount)

  • Interest_Rate = 0.09

  • Num_Pmt_Per_Year = 12

  • Loan_Years = 30

  • Loan_Amount = 250,000

  • If you input these values on a financial calculator, PMT = 2011.56

  • Balance of the loan at the end of 13 years = 209798.54

  • Interest paid in the 6th year = 21464.51

  • 224th Payment Principal = 722.70

7 0
3 years ago
Fierce is a product of the Ferris Company. Ferris's sales forecast for Fierce is 1,150 units, and they currently have 186 units
AURORKA [14]

Answer:

1,079 units

Explanation:

Fierce company forecast sales = 1150 units

Let this 1150 units be = 100%

Chester wanting to make a surplus of 10% means the total production will be = 110%

So, lets consider 1150 units as 100%

Then, 110% will be = (1150 units/100)*110 = 1265. So, Fierce fulfillment before Adjustment is 1,265 units

Fierce fulfillment after adjustment = 1,265 units - 186 units = 1,079 units

So, Fierce's Fulfillment after adjustment have to be 1,079 units in order to have a 10% reserve of units available for sale.

7 0
3 years ago
t is now time for jay to complete his tax return. jay is 28 years old and is in a relationship with sandra, planning to get marr
vagabundo [1.1K]

$2,860.50

Tax liability is the total amount of tax that people and companies owe to the federal, state, and local governments in a specific time frame. Tax liabilities are short-term obligations for firms that are listed on a balance sheet and paid off within a year.

<h3>What is accounting for tax liability?</h3>

The amount of taxes you owe is known as your tax liability. For those who are working, determining their income tax on Form 1040 normally only requires them to examine the year's tax tables.

On a company's balance statement, deferred long-term liability costs are listed with other long-term loans. They are listed on income statements as losses or expenses. Deferred tax obligations are one type of deferred long-term liability charge.

To learn more about accounting for tax liability refer to:

brainly.com/question/6646339

#SPJ4

8 0
1 year ago
________ focuses on activities, rather than departments, as the central cost objects.
Pavlova-9 [17]
The answer to this question is Activity-Based Costing<span> (ABC)
</span>Activity-Based Costing<span> (ABC) is being done by assigning the manufacturing cost in a more structural and logical manner.
By doing this, The company will be able to provide a more accurate asessment on the cost that incurred by providing a certain product/services.</span>
3 0
3 years ago
Which of the following transactions require a TREC Seller's Disclosure Notice, to be provided?
xeze [42]

Answer:

none

Explanation:

The Texas Real Estate Commission (TREC) requires that the seller of residential property comprising not more than one dwelling unit must file a Seller's Disclosure Notice. This excludes a condominium or a duplex. Also, if the house is new and has never been used for residential purposes, then the seller doesn't have to file a disclosure either.

The purpose of the disclosure is to inform any issues related with the house that the seller is aware of. But this disclosure does not substitute any inspections that the buyer may want to obtain.

6 0
4 years ago
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