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Author Question: What is the return on equity if net income was $55,000, total assets are $115,000, EBIT was ... (Read 62 times)

danielfitts88

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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%
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Marked as best answer by danielfitts88 on Apr 25, 2021

ong527

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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.
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danielfitts88

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

adammoses97

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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