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Flauer [41]
3 years ago
6

Financial statements of Rukavina Corporation follow:

Business
1 answer:
Xelga [282]3 years ago
4 0

Answer: ($26)

Explanation:

Investing Activities in the Indirect method of the Cashflow statement include transactions regarding the purchase or sale of Fixed Assets and other company stocks and bonds.

In the statement above, we notice that the company has no investments outside the company as it owns no stocks or bonds.

The relevant account then would be the, Property, plant, and equipment.

The Property, plant, and equipment account started the year at $360 and ended at $386. This shows that there was an increase in the account and seeing as there was no disposal, this was probably due to an Acquisition.

When there is an increase that means cash was spent so the Cashflow statement reflects a Cash Outflow or money spent.

= 386 - 360

= $26

($26) was used in investing activities for the year.

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Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accrual
iris [78.8K]

Answer:

ROIC is 9.26%

ROE is 12.63%

Explanation:

According to the given data we have the following:

Total assets = $1,080,000

Total liabilities = Current liabilities + Debt + Common equity = $1,080,000

D/(D + E) = 0.40

D / ($1,080,000 - 100,000) = 0.40

D = $392,000

Common equity = Total liabilities - Current liabilities - Debt = $1,080,000 - 100,000 - 392,000= $588,000

BEP = 0.15 = EBIT/TA

= EBIT/$1,080,000

Therefore, EBIT = $162,000

In order to calculate the ROIC we would have to make the following calculation:

ROIC = [EBIT(1 – T)]/(D + E) = [$151,200(0.6)]/($392,000 + $588,000) = 9.26%

ROIC is 9.26%

To calculate the ROE we would have to calculate first net income from income statement as follows:

EBIT=$151,200

Less: Interest ($392,000 x 7%) 27,440

EBT= 123,760

Less: Tax 40% 49,504

Net Income= 74,256

Therefore, ROE = NI/E = $74,256/$588,000 = 12.63%

ROE is 12.63%

6 0
3 years ago
Approximately what percentage of the jobs in the united states do small businesses provide?
Alchen [17]
Small business in the US provides 64% of new private-sector jobs,  49.2% of private sector employment and 46% of private-sector output. It can be seen clearly from this that small business is a major contributor to employment and output in the US.
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Salon Products recently introduced a new all-natural shampoo. Logan, director of new product development, has just reviewed the
diamong [38]

Answer:

Acknowledge the team for their effort.

Explanation:

By acknowledging the effort of the team that worked on the shampoo, the members of the team are encouraged and motivate, knowing that their efforts are accepted. After so doing, Logan can now tell the team about the dismal results which isn't supposed to have happened and the motivation earlier would have let the team members open to innovation.

Cheers.

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2 years ago
Who is the founder of toyota
alexira [117]
The answer is <span>Kiichiro Toyoda</span>
8 0
2 years ago
Read 2 more answers
If a firm has retained earnings of $2.7 million, a common shares account of $4.7 million, and additional paid-in capital of $9.4
kodGreya [7K]

Answer:

Change in retained earnings = $1.02 million (Decrease)

Change in common shares account = $5.17 million (Increase)

Change in additional paid-in capital = $10.61 million (Increase)

Explanation:

Given:

Retained earnings = $2.7 million

Common shares account = $4.7 million

Additional paid-in capital = $9.4 million

Stock dividend = 10%

Find:

Changes in account.

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Change in retained earnings = $2.7 million - 1.68 million

Change in retained earnings = $1.02 million (Decrease)

2. Change in common shares account

Change in common shares account = Common shares account (1+Stock dividend)

Change in common shares account = $4.7 million (1+10%)

Change in common shares account = $5.17 million (Increase)

3. Change in additional paid-in capital

Change in additional paid-in capital = Additional paid-in capital + (Additional paid-in capital + Retained earnings)Stock dividend

Change in additional paid-in capital = $9.4 million + ($9.4 million + $2.7 million)10%

Change in additional paid-in capital = $9.4 million + 1.21 million

Change in additional paid-in capital = $10.61 million (Increase)

3 0
2 years ago
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