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Murljashka [212]
3 years ago
11

A fire has destroyed a large percentage of the financial records of the strongwell co. you have the task of piecing together inf

ormation in order to release a financial report. you have found the return on equity to be 13.8 percent. sales were $979,000, the total debt ratio was 0.42, and total debt was $548,000. what is the return on assets? 6.92 percent 8.00 percent 8.45 percent 9.03 percent 9.29 percent
Business
1 answer:
jeyben [28]3 years ago
4 0
Return on assets = .138/(1+ .72414) = .08, or 8 percent.
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During December, Krause Chemical Company had the following selected data concerning the manufacture of Xyzine, an industrial cle
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Answer:

d. 92 units.

Explanation:

The computation of the equivalent units of production used to compute conversion costs is shown below:

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Hence, the equivalent units of production used to compute conversion costs is 92 units

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3 years ago
Help please.........
MAVERICK [17]

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5 0
3 years ago
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Nan and Neal are twins. Nan invests $5,000 at 7 percent at age 25. Neal invests $5,000 at 7 percent at age 30. Both investments
baherus [9]

Answer:

Resulta are below.

Explanation:

Giving the following information:

Nan:

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Neal:

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<u>To calculate the future value, we need to use the following formula:</u>

FV= PV*(1+i)^n

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FV= $53,382.31

<u>Neal:</u>

FV= 5,000*(1.07^30)

FV= $38,061.28

8 0
3 years ago
If a public offering of new stock is initially priced too high relative to market demand, the result would be a:_________
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If a public offering of new stock is initially priced too high relative to market demand, the result would be a <u>surplus of shares which will cause prices to fall.</u>

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This is because the initial price of a new inventory is just too high relative to market demand, which means, overpriced. Then human beings will not buy those stocks because of the high charge. As an end result, there might be less call for than supply, which reasons downward pressure on the price of the shares.

Market demand is how an awful lot of consumers want a product for a given period of time. Market demand is determined by a few elements, such as the number of human beings looking for your product, how awful lot they're willing to pay for it, and what sort of your product is to be had by consumers, each from your business enterprise and your competitors.

Market demand influences organizations and consumers alike by means of figuring out manufacturing and assisting with manual opposition within the marketplace. It's miles essential for organizations to be privy to the market demand to help layout, create and advertise services and products to customers if you want to meet demand.

Learn more about  demand here brainly.com/question/2398546

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8 0
1 year ago
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