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
solniwko [45]
3 years ago
12

Aquilera, Inc., has sales of $19.4 million, total assets of $14.4 million, and total debt of $5.2 million. The profit margin is

12 percent. What is the company's net income? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income $ What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) ROA % What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) ROE %
Business
1 answer:
raketka [301]3 years ago
4 0

Answer:

Net income= $2,328,000

ROA= 12%

ROE= 25.30%

Explanation:

Aquilera incorporation has a sales of $19.4 million

The total assets is $14.4 million

The total debt is $5.2 million

The profit margin is 12%

The net income can be calculated as follows

= profit margin × sales

= 12/100 × 19,400,000

= 0.12 × 19,400,000

= $2,328,000

The ROA can be calculated as follows

= Net income/Average Sales

= 2,328,000/19,400,000

= 0.12 × 100

= 12%

The ROE can be calculated as follows

= Net income/Total equity

Total equity= Total assets - Total debt

= 14,400,000-5,200,000

= 9,200,000

= 2,328,000/9,200,000

= 0.2530 × 100

= 25.30%

You might be interested in
Promoting a climate of civility within the hospitality organization is something the leader should attempt to do always
Alexandra [31]
I’m saying false but not really sure
4 0
3 years ago
Read 2 more answers
Claude C. Hopkins believed that advertising moved from being a _____to a science.
ANTONII [103]

I think pig in a poke ;)

7 0
4 years ago
Which of the following is not a traditional role for a manager? A. managing finances B. managing employees C. managing executive
Aleks [24]
Hello there,

<span>C. managing executive recruitment and retention.

Your correct answer above all the option's would be "C". This is one thing that a manger does not manage.

Hope this helps.

~Jurgen</span>
8 0
3 years ago
policy economics is the application of the principles of economics to decision making (choices) by the various arms of the
saveliy_v [14]

Policy economics is the application of the principles of economics to decision making (choices) by the various arms of the government sector.

<h3>What is Policy economics?</h3>
  • The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership,
  • And many other areas of government interventions in the economy, are all included in the concept of the economy of governments.
  • The federal government works to achieve three policy objectives in order to maintain a robust economy: stable pricing, full employment, and economic growth.
  • The federal government has additional objectives to ensure sound economic policy in addition to these three policy goals.
  • The Economic Policy (EP) Concentration's goal is to give policy professionals the abilities they need to develop and assess policy options, with a focus on how economics methods may be used to solve practical policy issues.

Learn more about Economic Policy here:

brainly.com/question/13652467

#SPJ4

3 0
2 years ago
Brock Co. adopted the dollar-value LIFO inventory method as of January 1, Year 6. A single inventory pool and an internally comp
goldfiish [28.3K]

Answer:

When using dollar-value LIFO, the ending inventory at current year cost must first be converted to base year cost. The 12/31/Y2 inventory at base year cost is given as $60,000. Since the 12/31/Y1 inventory at base year cost was $45,000 ($40,000 base layer and $5,000 year 1 layer), a new layer of $15,000 was added in year 2 ($60,000 − $45,000). This layer must be restated using the year 2 price index. The year 2 price index is computed using the double-extension technique, as illustrated below.

4 0
3 years ago
Other questions:
  • Problem 1 16 points Total Prepare the Budgets given the following information Budgeted sales are expected to be: January 200 Uni
    9·1 answer
  • A large health care organization has committed to promoting a just culture when adverse events and near misses take place. which
    7·1 answer
  • Explain the Charachteristics and the internal controlfeatures of an imprest fund.
    5·1 answer
  • Are these right? I’m not sure can you give me the answers?
    6·1 answer
  • If a bookstore manager prices a book higher than the equilibrium price, then _____. A. the market price of the book will become
    11·2 answers
  • Evan believes stratification is important for society. He thinks inequality is good as it motivates the poor to work harder and
    6·1 answer
  • Assume Evco, Inc., has a current price of $50 and will pay a $2 dividend in one year, and its equity cost of capital is 15%. Wha
    9·1 answer
  • Name3 Parts of a sewing machine​
    7·2 answers
  • Jacob is looking to buy some car insurance and is reviewing different policies from several different agencies. The first policy
    7·1 answer
  • If prices are rising, which inventory cost flow method will produce the lowest amount of cost of goods sold?.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!