Answer:
$1,83,000
Explanation:
Sales = 4,535,000
Cost of goods sold = $2,560,000
Operating expenses = $1,382,000
Average total assets = $4,110,000
Net Income = Sales - Cost of goods sold - Operating expenses
= $4,535,000 - $2,560,000 - $1,382,000
= $5,93,000
Target income = 10% of Average total assets
= 0.10 × $4,110,000
= $410,000
Thus,
Residual income = Net income - Target income
= $5,93,000 - $410,000
= $1,83,000
"30" is the answer you're looking for.
Answer:
Debt / Equity = 0.72649 : 1 or 72.649%
Explanation:
The ROE or return on equity can be calculated using the Du Pont equation. It breaks the ROE into three components. The formula for ROE under Du Pont is,
ROE = Net Income / Sales * Sales / Total Assets * Total Assets / Shareholder's equity
or
ROE = Net Income / Total equity
Assuming that sales is $100.
Net Income = 100 * 0.051 = 5.1
Total Assets = 100 / 1.84
Total Assets = 54.35
0.162 = 5.1 / Total equity
Total Equity = 5.1 / 0.162
Total Equity = 31.48
We know that Assets = Debt + Equity
So,
54.35 = Debt + 31.48
Debt = 54.35 - 31.48
Debt = 22.87
Debt / Equity = 22.87 / 31.48
Debt / Equity = 0.72649 : 1 or 72.649%
Answer:
All net income, less all dividends, since the company began operations.
Explanation:
Retained Earnings are the retained profits that the company keeps with itself, for meeting any case of emergency or for growing company and thus, meeting the growing expenses.
Each year when company earns profits and then, it distributes its profits in the form of dividends, the balance remaining after paying the dividends is added to retained earnings.
Thus, the entire balance of these kind of profits not paid anywhere else and also not utilized is called retained earnings.
Answer:
please Elaborate like how much money do you have or something
