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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 %

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Hawaiian food would be an example of what type of cuisine?
iragen [17]
Nouvelle cuisine



Hope it helps


Pls mark as brainlist
8 0
3 years ago
Gena Manufacturing Company has a fixed cost of $225,000 for the production of tubes. Estimated sales are 150,000 units. A before
kykrilka [37]

Answer: $2.33

Explanation:

The unit contribution margin that is required to attain the profit target will be calculated thus:

= (Fixed cost + Desired profit) / Estimated units

= ($225,000 + $125,000) / 150,000

= $350,000 / 150,000

= $2.33

Therefore, the unit contribution margin is $2.33

7 0
3 years ago
Name any five diversity issues that affect the fashion industry​
Natasha_Volkova [10]

Answer:

People of color, size, height. Even gender, I feel fashion is thrown more towards women than men, sexuality/trans and sexism.

Explanation:

People of color- The fashion industry over the year has become way more diverse in the subject of race, they have invited more models over the years with diffrent races and have made culture including clothes. I still feel it is not 100% perfect with eqaulity in the modeling industery but in the eyes of fashion, I think it's getting to a great point.

Size- Size is a big one why is a model always skinny, why is a must for the clothes. Why can't it be way more diverse from size 0 to size 30, it's about how you wear the clothes that matters, not the weight of the model. it would  be a huge boost in confidence to bigger people and show great diversity in the world of fashion. .

Height- This is the same thing as size, models who wear the clothes are always tall make clothes for short people. Be more diverse, serisoly make clothes for men/women/short/tall/size0/size30.

Gender- The fashion industy has always always gone more towards women. I mean, dresses, shoes, hats, gloves, skirts, shirts, thats a lot of money to bank on. I mean, I totally get why the fashoin industy would go towards women we are taught the fashion is only for women but it's 100% not just for women. which leads into my fith point-

Sexism- Why don't men wear dresses and women wear suits. i'm sorry but it is 2021 who the f cares what you are wearing as long as you look great. I can't even begin to tell you my exciment that Gucci designed a dress for Harry Styles. He looked amazing and it was a beautiful diverse way to show that men can wear dresses too. Fashion is an art that should be outside of the box and diverse, but we keep puting it into a tiny box with the same stuff.

Please don't take my grammer seriously or my spelling. Thank you!

7 0
3 years ago
On May 10, 2017, Cosmo Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2017. Greig agrees to pay the f
Lunna [17]

Answer:

June 15th, 2017

accounts receivables      2,000 debit

            sales revenues                   2,000 credit

July 15th, 2017

cash                                    2,000 debit

          accouns receivables               2,000 credit

Explanation:

The contract is perform when Cosmo delvier the goods to Greig than aren't rejected. Greig accepted the good thus, the contract is valid from that date.

4 0
3 years ago
Timothy Carter has net monthly income of $3,800. He has a monthly auto loan payment of $350, a student loan payment of $150, a m
PIT_PIT [208]

Answer:

45.9%

Explanation:

The computation of the debt payment to income ratio is as follows:

Income = $3,800

And,

Debt payment is

= auto loan payment + student loan payment +mortgage payment + credit card payment

= $350 + $150 + $1200 + $45

= $1745

So,  

Debt payment to income ratio is

= Debt payment ÷  income

= $1,745 ÷ $3,800

= 0.459

= 45.9%

8 0
3 years ago
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