This topic contains a solution. Click here to go to the answer

Author Question: Denver Systems has total assets of 1,000,000; common equity of 400,000; a gross profit of 800,000; ... (Read 33 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
Denver Systems has total assets of 1,000,000; common equity of 400,000; a gross profit of
  800,000; total operating expenses of 620,000; interest expense of 20,000; income taxes of 74,000;
  and preferred dividends of 30,000.
 
  What is Denver Systems' return on equity?
  A) 14.0 B) 20.0 C) 21.5 D) 7.5

Question 2

Allen Fund had NAV values of 9, 10, and 12 at the beginning, middle, and end of last year, respectively. It made a 1.00 per share distribution at mid-year. The average annual total return of the fund for the year is
 
  A)
 
  33.33.
  B)
 
  44.44.
  C)
 
  46.67.
  D)
 
  55.55.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

A

Answer to Question 2

C





 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library