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
Ilya [14]
4 years ago
13

Herring Corporation has operating income of $265,000 and a 25% tax rate. The firm has short-term debt of $110,000, long-term deb

t of $349,000, and common equity of $459,000. What is its return on invested capital?
Business
1 answer:
MAVERICK [17]4 years ago
3 0

Answer:

21 %

Explanation:

Return on invested capital is one of the profitability ratios.  It measures the returns investors get from their capital investments. ROIC shows efficiency in the use of capital.

the formula is as follows

ROI =( Net income - Dividends ) / ( Debt + Equity )

in this case:

Income = 265,000

debts 110,000 + 349,000= 459,000

equity = 459,000

Net income = 265,000 -(25% x 265,000)

265,000- 66,250= 198,750

ROIC = 198,750/459,000+459,000

=198,000/918,000 x 100

=21 %

You might be interested in
Is it plagiarism if I take someones stuff off of a website but link the website I took it from afterwards?
charle [14.2K]

Not at all because you're crediting the person who actually is the owner of the information. But if they asked you to put it in your own words, then I suppose it counts as plagiarism.

6 0
3 years ago
Read 2 more answers
What is important to know about yourself when making a career choice?
yaroslaw [1]
It’s important to know your limits and your strengths.
The goal is to do your best in the job you have, so before making that important choice, it’s good to think about maybe your talents or hobbies that you have.
You could ask yourself questions such as:

Do I communicate well with people?

What am I best at?

Am I able to fulfill the tasks that are included in this career?

And I’m sure there are more questions, but it is a good thing to know yourself that way when you apply for a job, you know what you’re getting into.

I hope this helps!
~Brooke❤️
5 0
4 years ago
Which label appears on the button when you write the code snippet >undo
AfilCa [17]

Explanation:

Input is an interactive control in HTML. When you want to create check box, text box, password box, radio button, button, etc can be created by using <input> tag in HTML.

Attributes:

type: type of control

Name: the name of the control which would be used in the code

Value: it defines the caption / label of the button.

According to the given code snippet, a "button" would be created with the label "cancel".  

3 0
3 years ago
Read 2 more answers
In its consolidated cash flow statement for the year ended December 31, 20X2, Plant Corporation reported operating cash inflows
Alex787 [66]

Answer:

to and n = 23 for the 95% confidence interval for the mean

2

Explanation:

8 0
3 years ago
What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith an
Illusion [34]

Answer:

Fulfilling client expectations

Explanation:

Fulfilling client's expectations is one of the potent ways an organization can achieve its long term corporate objective. If I were on the PMI decision making body, I would not have outrightly voted for its inclusion. What I will do, however, is to:

1. fully gain an understanding of best practices and procedures that could be applied to achieve the client's expectations.

2. Prototype such procedures, practices and processes and assess its impact on the long term corporate objective.

3. The results from the foregoing will inform my decision.

6 0
4 years ago
Other questions:
  • Suppose the money supply (as measured by checkable deposits) is currently $850 billion. The required reserve ratio is 20%. Banks
    11·1 answer
  • PDX Corp. acquired 100% of the outstanding common stock of Sea Corp. in a business combination accounted for using the acquisiti
    10·1 answer
  • In the long run, a representative firm in a monopolistically competitive industry will end up multiple choice having an elastici
    14·1 answer
  • Country Comfort Coffee’s strategic management team is reviewing the company’s mission statement—to produce the world’s best-tast
    5·1 answer
  • John opens a furniture company and decides to specialize in custom furniture for medical professionals. Which economic question
    10·1 answer
  • A portfolio consists of 40% in Security A and 60% in Security B. The covariance matrix for A is 144, 225; for B is 225, 81. The
    8·2 answers
  • Ways by which scientific management play a role in the management of a modern crisis ​
    12·1 answer
  • WILL GIVE BRAINLIEST!! NEED ASAP
    15·1 answer
  • the preferred type of retirement account for the typical college students working a part-time low-wage job would generally be:
    6·1 answer
  • in which sourcing category would an item typically be classified, if it is considered to be low value, low risk, and there are l
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!