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Lubov Fominskaja [6]
3 years ago
11

A fire destroyed a large percentage of the financial records of a health system. You have the task of piecing together informati

on to prepare a financial report. You have found the profit margin to be 5.4 percent. The sales were $4 million on total assets of $2 million and the debt financing was $800,000. Using the Du Pont equation, what was the organization's return on equity?
Business
1 answer:
Brilliant_brown [7]3 years ago
3 0

Answer:

18.0

Explanation:

Net income = profit margin * sales = 5.4% * 4 million = 0.216 million

Equity = total assets - debt = 2 million - 800,000 = 1.2 million

ROE = net income / equity = 0.216 / 1.2 = 18%

So answer is 18.0%

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Theresa’s Flower Garden has 750 bonds outstanding that are selling for $989 each, 2,500 shares of preferred stock with a market
Sidana [21]

Answer:

weight of preferred stock = 4.63 %

Explanation:

given data

Number of outstanding bonds = 750

selling price  = $989 each

preferred stock = 2,500 shares

market price = $47 a share

number of common stock = 30,000

common stock valued = $56 share

solution

we first get here total market value that is express as

total market value  = Number of outstanding bonds × selling price per bond + number of preferred stock × market price per share + number of common stock × par value per share    ......................1

put here value and we get

total market value = 750 × $989 + 2,500 × $47 + 30,000 × $56

solve it we get

total market value = $2539250

and

here now we get weight of preferred stock that will be

weight of preferred stock = Total value of preferred stock ÷ total market value × 100   .........................2

put here value

weight of preferred stock = ( 2,500 × $47 ) ÷ $2539250  × 100

weight of preferred stock = 4.63 %

7 0
3 years ago
Is cereal soup? ...
Fittoniya [83]

Answer:

1. yes

2.air

3. hot dog water

4. yes

5. all the ones ive seen where numbers:(

5 0
2 years ago
Read 2 more answers
Karl Harris, a marketing critic, is concerned about the pervasiveness of marketing. He points out that advertising messages are
Stels [109]

Answer:

Viral Marketing

Explanation:

Viral marketing is the use of  every  possible medium  to promote a product. This medium includes but not limited to the use of newsletters , billboards, hand bills , social media , e books and internet.

The aim is to leverage on the social and networking media to extend the coverage of advertisements of goods and services.

Despite its advantages in coverage and cost , disadvantages include spam threats and loss of the power of brands

5 0
2 years ago
Departmental information for the four departments at Samoa Industries is provided below. ​ ​ Total Cost Cost Driver Square Feet
12345 [234]

Answer:

a) The proportional (percentage) usage of the Janitorial Department by the Cafeteria, would be 50%

b) The proportional (percentage) usage of the Janitorial Department by the cutting would be 10%

c) The proportional (percentage) usage of the Janitorial Department by the Assembly would be 40%

Explanation:

In order to calculate the proportional (percentage) usage of the Janitorial Department by the (a) Cafeteria, (b) Cutting, and (c) Assembly departments, we would have to calculate first the amount of the janitorial department costs to be allocated to the (a) Cafeteria, (b) Cutting, and (c) Assembly departments, as follows:

Cafetaria

=150000×20000/(20000+4000+16000)

=$75,000, Hence the proportional (percentage) usage of the Janitorial Department by the Cafeteria, would be 50%

Cutting

=150000×4000/(20000+4000+16000)

=$15,000, Hence the proportional (percentage) usage of the Janitorial Department by the cutting would be 10%

Assembly

=150000×16000/(20000+4000+16000)

=$60,000,Hence the proportional (percentage) usage of the Janitorial Department by the Assembly would be 40%

6 0
2 years ago
1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the
lozanna [386]
The concert tickets are represented as an opportunity cost. 
5 0
3 years ago
Read 2 more answers
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