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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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The perpetual equivalent annual cost is - $35013

<h3 /><h3>The perpetual annual cost calculation</h3>

interest i = 10%

Period = n = 7 years

Formula

A/F = i/(1+i)^n-1

= 0.1/(1+0.1)^7-1

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The perpetual annual cost

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FASB ASC 835-20-15-8

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3 years ago
When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf
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Answer:

The net worth (owners' equity) for this business is $2.2 million

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Hence,  the net worth (owners' equity) for this business is $2.2 million

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Which of the following are possible electrocution hazards?
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