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
matrenka [14]
3 years ago
5

Last year blease inc had a total assets turnover of 1. 33 and an equity multiplier of 1. 75. Its sales were $285,000 and its net

income was $10,600. The firm finances using only debt and common equity, and its total assets equal total invested capital. The cfo believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $10,250 without changing its sales, assets, or capital structure.
Required:
Had it cut costs and increased its net income by this amount, how much would the roe have changed? do not round your intermediate calculations.
Business
1 answer:
inysia [295]3 years ago
5 0

Answer:

Last year Blease Inc had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $205,000 and its net income was $10,600. The firm finances using only debt and common equity and its total assets equal total invested capital.

Explanation:

You might be interested in
Insurance can help you:
Ede4ka [16]
The answer is B. Financially protect against unexpected accidents
3 0
3 years ago
Read 2 more answers
When bruno's basis in his llc interest is $187,200, he receives cash of $74,880, a proportionate share of inventory, and land in
adoni [48]
<span>If Bruno's basis in LLC interest is $187,200 he receives $74,880 cash. Bruno's basis in inventory is $51,346 and his basis in land is $64,183. The total value Bruno has in cash, inventory, and land is $190,409. Bruno recognized a gain of $3,209.</span>
7 0
3 years ago
The Tradition Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required r
tekilochka [14]

Answer: $93.86

Explanation:

The break even price simply refers to the price that's required to make a normal profit. From the information given, the break even price will be:

= [($93-$44) × 2675)/2750) + 44] × ( 1 + 2.3%)

= [$49 × 2675)/2750)+44] × (1+0.024)

= [(49 × 2675)/2750)+44] × 1.024

= [(131075/2750) + 44] × 1.024

= (47.66 + 44) × 1.024

= 91.66 × 1.024

= $93.86

Therefore, the break even price is $93.86

6 0
3 years ago
What was real per capita GDP in 1933 measured in 2008 prices? (Use the data in the table below and a price index of 100/1400 to
Artist 52 [7]
There is some information in the table that is not needed in this problem. To find real per capita GDP in 1933 measured in 2008 prices, just multiply Nominal per capita GDP in 1933 by how many times expensive the prices are in 2008 than they were in 1933. The solution is $444 x 14 = $6,216. So, the answer is $6,216.
7 0
3 years ago
Select the type of job best demonstrated in each example. Penelope is hired as a Software Developer by a company that pays her t
mario62 [17]

Answer:

~~~~~~~~~~~~~~~~~

3 0
3 years ago
Read 2 more answers
Other questions:
  • Vertical accountability refers to the ability of _________.
    12·1 answer
  • Assume that on July 1, 2021, Togo's Sandwiches issues a $2.02 million, one-year note. Interest is payable at maturity. Determine
    6·1 answer
  • ________ are tradition-bound, suspicious of changes, and adopt an innovation only when it has become something of a tradition it
    10·1 answer
  • "True or false: When evaluating a position strategy s implementation, it is more important to look at data and sales figures tha
    5·1 answer
  • An independent study shows that when the city of Cleveland subsidized major sport teams owners with a billion dollars for three
    10·1 answer
  • Europe was hurt by the financial crisis in 2008. High unemployment hit all areas of the population. However, the group that was
    12·2 answers
  • A client who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the in
    12·1 answer
  • The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.sta
    8·1 answer
  • Pharmaceutical companies are sometimes perceived as profiting unfairly from drugs they sell. Suppose that a new law shortens the
    11·1 answer
  • 50 points <br><br>add my discord avani.#2956
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!