1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
uranmaximum [27]
3 years ago
15

Jonathan enjoys working with numbers recognizing patterns problem solving the learning style that best fits Jonathan is

Business
1 answer:
iogann1982 [59]3 years ago
3 0
I think the answer to your question is Mathematical/Logical.
You might be interested in
The path a product takes from product to final user is called what?
Anuta_ua [19.1K]

Answer:

distribution channel

Explanation:

A marketing channel consists of the people, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption. It is the way products get to the end-user, the consumer; and is also known as a distribution channel.

7 0
2 years ago
Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sal
ElenaW [278]

Answer:

Please find the attached file for the complete solution:

Explanation:

3 0
2 years ago
Firms HL and LL are identical except for their leverage ratios and the interest rates they pay on debt. Each has $25 million in
erik [133]

Answer:

A. ROIC for firm LL 12%

ROIC for firm HL 12%

B. ROE for firm LL 13.5%

ROE for firm HL 18.6%

C. New ROE for firm LL 16.5%

Explanation:

A. Calculation to determine the return on invested capital (ROIC) for each firm

Using this formula

ROIC=EBIT(1-T)/Total Invested Capital

Let plug in the formula

ROIC=$5 million(1-.40)/$25 million

ROIC=$5 million*.60/$25 million

ROIC=$3 million/$25 million

ROIC=0.12*100

ROIC=12% for both firms

Therefore the return on invested capital (ROIC) for each firm is:

ROIC for firm LL is 12%

ROIC for firm HL is 12%

B. Calculation to determine the rate of return on equity (ROE) for each firm.

Calculation for ROE for firm LL

First step is to calculate the Debt

Debt=$25 million*20%

Debt=$5 million

Second step is to calculate the Debt Interest

Debt Interest=$5 million*10%

Debt Interest=$500,000

Third step is to calculate the EBIT of firm LL

EBIT of firm LL=$5 million- $500,000

EBIT of firm LL=$4,500,000

Fourth step is to calculate Tax owed

Tax owed =$4,500,000*40%

Tax owed =$1,800,000

Fifth step is to calculate the Net income of firm LL

Net income of firm LL=$4,500,000-$1,800,000

Net income of firm LL=$2,700,000

Sixth step is to calculate the Equity for firm LL

Equity for firm LL=$25million-$5 million

Equity for firm LL=$20 million

Now let calculate the ROE using this formula

ROE=Net income /Equity

Let plug in the formula

ROE=$2,700,000/$20 million*100

ROE=13.5%

Calculation for ROE for firm HL

First step is to calculate the Debt

Debt=$25 million*55%

Debt=$13,750,000

Second step is to calculate the EBIT of firm HL

EBIT of firm HL=$5 million-[(55%*$25 million)*11%]

EBIT of firm HL=$5 million-($13,750,000*11%)

EBIT of firm HL=$5 million-$1,512,500

EBIT of firm HL=$3,487,500

Third step is to calculate the Tax owed

Tax owed =$3,487,500*40%

Tax owed =$1,395,000

Fourth step is to calculate the Net income of firm HL

Net income of firm HL=$3,487,500-$1,395,000

Net income of firm HL=$2,092,500

Fifth step is to calculate the Equity for firm HL

Equity for firm HL=$25million- $13,750,000

Equity for firm HL=$11,250,000

Now let calculate the ROE using this formula

ROE=Net income /Equity

ROE=$2,092,500/$11,250,000*100

ROE=18.6%

Therefore the rate of return on equity (ROE) for each firm is:

ROE for firm LL is 13.5%

ROE for firm HL is 18.6%

C. Calculation to determine the new ROE for LL

First step is to calculate the debt

Debt=$25 million*60%

Debt=$15 million

Second step is to calculate the Debt Interest

Debt Interest=$15 million*15%

Debt Interest=$2,250,000

Third step is to calculate the EBIT of firm LL

EBIT of firm LL=$5 million- $2,250,000

EBIT of firm LL=$2,750,000

Fourth step is to calculate the Tax owed

Tax owed =$2,750,000*40%

Tax owed =$1,100,000

Fifth step is to calculate the Net income of firm LL

Net income of firm LL=$2,750,000-$1,100,000

Net income of firm LL=$1,650,000

Sixth step is to calculate the Equity for firm LL

Equity for firm LL=$25million-$15 million

Equity for firm LL=$10 million

Now let calculate the New ROE using this formula

ROE=Net income /Equity

Let Plug in the formula

ROE=$1,650,000/$10 million*100

ROE=16.5%

Therefore the new ROE for LL is 16.5%

5 0
2 years ago
What is the reason for a student to use a career assessment for
fenix001 [56]
So they are more likely to find where they are in that career oath
5 0
3 years ago
The actual cash received during the week ended October 31 for cash sales was $23,447 and the amount indicated by the cash regist
Rufina [12.5K]

Explanation:

Data given in the question

Actual cash received = $23,447

But the amount indicated on the cash register is $23,457

So, by considering the above information, the journal entry is as follows

Cash $23,447

Cash short and over $10

         To Sales $23,457

(Being the cash receipts and the cash sales is recorded)

6 0
3 years ago
Other questions:
  • This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate
    11·1 answer
  • Aces, Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. At
    8·1 answer
  • Julie has worked for the healthy nut bread company for several years. recently, management recognized her as one of the company'
    9·1 answer
  • As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So
    14·1 answer
  • Scoresby Co. uses 3 machine hours and 1 direct labor hour to produce Product X. It uses 4 machine hours and 8 direct labor hours
    7·1 answer
  • Sophie, the CFO of Slolum Ski Supplies, received a watch from one of her company's largest vendors, Colorado Ski Shoppe. She rec
    5·1 answer
  • ...<br><br><br><br><br>Great <br><br>-----------------
    15·1 answer
  • Charging a lower price per unit for purchases of more units is called
    12·1 answer
  • These skills enable the managers to make use of human potential in the company and motivate the employees for better results. *
    11·1 answer
  • I need help with this, struggling <br> no links please!! <br><br> The subject is Economics/Business.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!