Answer:
(a) 4.2% (b) 0.52
Explanation:
Solution
The sale of total assets = 1.4
Return on assets and PAT/assets= 6%
ROE PAT/Equity =9%
(a)Profit margin/PAT/Sales is defined as follows:
profit margin = ROA/(Sales/Total assets)= 6%/1.4 = 0.42 = 4.2%
(b) ROE=profit margin X*Sales/Assets X (Assets/Equity)
= Assets/Equity=9%/ =(4.2%*1.4)
9% (0.058)
= 0.005292 = 0.52
Equity/assets 0.52
Debt assets=1- equity/assets
0.52
Answer:
gross profit ratio = gross profit / net sales = $1,126,000 / $3,086,000 = 36.49%
return on assets = net income / total assets = $139,000 / $946,000 = 14.69%
profit margin = net income / net sales = $139,000 / $3,086,000 = 4.5%
asset turnover = net sales / average total assets = $3,086,000 / [($946,000 + $794,200) / 2] = 3.55 times
return on equity = net income / shareholders' equity = $139,000 / $547,000 = 25.41%
price earnings ratio = current sock price / earnings per share = $28.30 / $1.40 = 20.21 times
Answer:
Estimated manufacturing overhead rate= $9.5 per machine hour
Explanation:
Giving the following information:
The Milling Department’s predetermined overhead rate is based on machine-hours.
Machine-hours 16,000
total fixed manufacturing overhead cost $ 118,400
Variable manufacturing overhead per machine-hour $ 2.10
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (118,400/16,000) + 2.1= $9.5 per machine hour
Answer:
B. finding new customers online using social media
Watchful waiting <span>is a tactic that deliberately permits an attack to continue while the entire event is observed and additional evidence is collected.
Watchful waiting is used commonly in medical practice where a team is allowed to wait a set time before intervention is used. During this time there is testing and continuous watching/monitoring done on the patient. </span>