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Yuri [45]
3 years ago
9

You are thinking of investing in Ski Sports, Inc. You have only the following information on the firm at year-end 2018: net inco

me = $50,000, total debt = $1 million, and debt ratio = 70 percent. What is Ski's ROE for 2018?
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

Roe will be equal to 11.67 %

Explanation:

We have given net income = $50000 = $0.05 million

Total debt = $1 million

Debt ratio = 70% = 0.70

We have to find the ROE

Debt ratio is ratio o debt and assets

So 0.7=\frac{1}{assets}

Assets = $1.42 million

Now equity will be equal to assets - debt

So equity = $1.42 - $1 = $0.42 million

Now equity ratio is equal to ratio of net income and equity

So equity ratio \frac{0.05}{0.42}=0.1167 = 11.67 %

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At the start of its fiscal year, a company anticipated producing 300,000 units throughout the year. The annual budgeted manufact
scoray [572]

Answer:

The correct answer to the following question is $36,000.

Explanation:

Given information  -

Units anticipated to be produced - 300,000 units

Variable cost - $150,000

Fixed cost - $600,000

Beginning inventory - 5000 units

Ending inventory  - 7000 units

Income under absorption costing - $40,000

Now under the absorption costing, rate of fixed overhead cost per unit -

Fixed cost / Number of units produced

= $600,000 / 300,000

= $2

In April ( under absorption costing ), the amount of fixed manufacturing overhead cost that was still embedded in ending inventory but were not expense -  

Fixed overhead rate per unit x number of units produced but not sold

= $2 x 2000 ( 7000 units - 5000 units )

= $4000

So when we calculate the operating cost under variable costing this fixed overhead cost wold be subtracted from total income -

$40,000 - $4000

= $36,000 .

6 0
3 years ago
If a human resources manager estimates the probability that a certain percentage of employees will take advantage of a proposed
azamat

Answer:

The correct Answer is "Estimation"

Explanation:

By utilizing the probability that the certain amount of workers will deal with advantage plan administrator working under the state of estimation. In which he use probability that specific measure of individuals will participate in that specific arrangement and expect interest rate of workers.

8 0
3 years ago
Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent case
SVEN [57.7K]

Answer:

  • Tax liability = $24,222.50
  • Marginal rate = 24%
  • Average rate = 19.35%

Explanation:

Question requires that we find the Tax liability, Marginal rate and Average rate.

Tax liability:

Chandler is in the $84,200 to $160,725 bracket.

= 14,382.50 + 24% * (125,200 - 84,200)

= 14,382.50 + 9,840

= $‭24,222.5‬0

Marginal rate = 24%

Chandler's bracket is the 24% bracket.

Average rate:

= Tax/ Taxable income

= 24,222.50 / 125,200

= 19.35%

5 0
3 years ago
Doggie Pals produces​ 110,000 dog collars each month that give off a fresh scent to keep your dog smelling clean between baths.
bixtya [17]

Answer:

$213,636.36

Explanation:

The fixed cost is usually the same for a range of activity levels while the variable cost changes as the number of units produced or activity level changes.

Given that at a level of 110,000 dog collars, $100,000 are variable costs. Then

Variable cost per dog collar = $100,000/110,000

= $0.91

Fixed cost  = $200000 - $100000

= $100,000

Where 125,000 collars are​ produced,

Total production cost = $100,000 + (125,000 × 0.91)

= $213,636.36

6 0
3 years ago
Green Goddess Lawncare, Inc., has enjoyed growing profits for 10 years. When new-product development made it feasible for underg
ANEK [815]

Answer: Environmental scanning; Technological

Explanation:

Environmental scanning involves the gathering of information about the factors external to a firm in order understand how they affect the operations of such firm. The goal of environmental scanning is to help management make informed decisions by analyzing the workings of factors outside their control.

The owner of Green Goddess Lawncare Inc. is analyzing the technological environment since the cause of the environmental scanning is a new-product development and how it seeks to affect his business.

8 0
3 years ago
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