« previous next »

Author Question: A firm with sales of 1,000,000, net profits after taxes of 30,000, total assets of 1,500,000, and ... (Read 124 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jul 11, 2018
A firm with sales of 1,000,000, net profits after taxes of 30,000, total assets of 1,500,000, and common stockholders' investment of 750,000 has a return on equity of ________.
 
  A) 20 percent
  B) 15 percent
  C) 3 percent
  D) 4 percent

Question 2

Net working capital is the difference between a firm's total assets and its total liabilities.
 
  Indicate whether the statement is true or false


Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

During a total solar eclipse, the solar corona can be seen with the naked eye, during the brief peri During a total solar eclipse, the solar corona can be seen with the naked eye, during the brief peri
Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ... Immunofixation electrophoresis. (a) IgG kappa myeloma, (b) Controls showing total serum protein ...
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Total Solid Waste, MSW per Capita Total Solid Waste, MSW per Capita
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Energy sources - types

For a complete list of videos, visit our video library