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Free_Kalibri [48]
3 years ago
9

Assume the following: Sales = $400M; Net Income = $60M; TA = $350M; and there is $0.50 in total debt per dollar of total equity.

According to the DuPont framework, ROE would be approximately_______?
A. 15%
B. 19%
C. 22%
D. 26%
Business
1 answer:
lys-0071 [83]3 years ago
3 0

Answer:

D

Explanation:

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Use the information below to answer questions 4-7. Drake Company's income statement for the most recent year appears below:
Colt1911 [192]

Answer:

(A) $731,250

Explanation:

The formula to compute the break-even point in sales dollars is shown below:

= (Fixed expenses or Fixed cost) ÷ (Contribution ratio)

where,

Contribution ratio = Contribution margin ÷ sales

                             = $208,000 ÷ $650,000

                             = 0.32 or 32%

And, the fixed expense is $234,000

Now put the values to the above formula

So, the value would equal to

= $234,000 ÷ 32%

= $731,250

6 0
3 years ago
If a corporation has only one class of stock, it is referred to as preferred stock. solitary stock. common stock. classless stoc
riadik2000 [5.3K]

Common stock

If a corporation has only one class of stock, it is referred to as Common stock.

<h3>What is a common stock?</h3>
  • A security that symbolizes ownership in a firm is called common stock.
  • Common stock owners choose the board of directors and cast ballots for corporate rules.
  • Long-term rates of return are often higher with this type of stock ownership.

<h3>What is the name of common stock?</h3>

ordinary share

  • The ownership of equity in a firm is represented by common stock, a category of securities.
  • There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."

<h3>The benefits of common stock</h3>
  • More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
  • Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.

To learn more about common stock visit:

brainly.com/question/13762106

#SPJ4

8 0
2 years ago
In 2019, Audrey claimed $2,100 on her Federal tax return for her Child and Dependent Care Expenses Credit. Her Federal adjusted
Maurinko [17]

Answer:

$1,050

Explanation:

Her adjusted gross income is $32,750, so she can claim maximum of 50% of Child and Dependent Care Expenses as CDC Credit

= $2,100 * 50%

= $1,050

So, the amount she can claim for the California Child and Dependent Care Expenses (CDC) Credit  is $1,050

5 0
3 years ago
Define hedge fund economics.​
tankabanditka [31]

Answer:

Hedge fund are financial partnerships that use pooled funds and employ different strategies to earn active returns for thier investors.. Hedge fund include long-short equity, market neutral, volatility arbitrage and merger arbitrage. They are generally only accessible to accredited investors

3 0
3 years ago
You are considering a project with an initial cost of $4,600. What is the payback period for this project if the cash inflows ar
klio [65]
The correct answer is C, 2.89 years
3 0
3 years ago
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