This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the return on equity if net income was $55,000, total assets are $115,000, EBIT was ... (Read 96 times)

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
on: Apr 25, 2021

Question 1

What is the quick ratio if cash is $10,000, accounts receivable are $25,000, inventories are $30,000, accounts payable are $40,000, and accrued payroll is $15,000?
◦ 2.00
◦ 1.18
◦ 0.73
◦ 1.13
◦ 0.09

Question 2

What is the return on equity if net income was $55,000, total assets are $115,000, EBIT was $100,000, and equity is $75,000?
◦ 47.8%
◦ 63.1%
◦ 73.3%
◦ 87.0%
◦ 55.0%
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by danielfitts88 on Apr 25, 2021

ong527

  • Sr. Member
  • ****
  • Posts: 285
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


danielfitts88

  • Member
  • Posts: 535
Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

A Total Eclipse of the Sun A Total Eclipse of the Sun
How the Distribution of Education Affects the Distribution of Income How the Distribution of Education Affects the Distribution of Income
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Total Fertility Rate in Japan: Actual versus Forecast Total Fertility Rate in Japan: Actual versus Forecast
Infant mortality by income quintile, urban Canada, 1996 Infant mortality by income quintile, urban Canada, 1996
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Digestion Animation

For a complete list of videos, visit our video library