Neon Light Company has $1,000,000 in assets and $600,000 of debt. It reports net income of $100,000.A) What is the return on the assets?
B) What is the return on the stockholders' equity?
C) If the firm has an asset turnover ratio of 3 times, what is the profit margin (return on sales)?

Answers

Answer 1

Answer:

a. 10%

b. 25%

c. 3.3%

Explanation:

return on the assets = net income / total assets = $100,000 / $1,000,000 = 0.1 =  10%

return on the stockholders' equity = net income / total equity

Equity = Assets - liabilities =  $1,000,000 =  $600,000 =  $400,000

return on the stockholders' equity = $100,000 / $400,000 = 0.25 = 25%

profit margin = Net income / Revenue

asset turnover ratio = Revenue / total assets

3 = Revenue / $1,000,000

Revenue = $1,000,000 x 3 = $3,000,000

$100,000 / $3,000,000 = 0.033 = 3.3%


Related Questions

Why is it smart to keep you cool when making claim, and how should you go about it?

Answers

Answer:It is important to keep calm when making a claim because it gives off the impression that you know what you're talking about. Going crazy and yelling will make you look immature and no one would want to hear your claim.

Explanation:

It is smart to keep cool while making a claim, guarantees clear-cut explanation and direct tone of the message, and go with the proper and full knowledge about it.

What is making claim?

Making claim must takes place when an individual's property has been damaged, or he/she have been hurt. He can sole claim something that is made by one of the titled dangers recited in the policy.

It is important while making a claim that an individual must have a full knowledge about the claim and he/she must be cool at the same time. It supports the insurer work peacefully.

Insurer will be bright to clear off the claims of groups who are conjunct and do not overact with the numerical quantity of the claim.

Therefore, the person making a claim must have to be cool.

Learn more about making claim, refer to:

https://brainly.com/question/22898077

Use a production possibilities frontier to describe the idea of efficiency.

Answers

Answer:

Efficiency

Explanation:

Efficiency is when a market is producing the greatest possible amount given its resources. This is demonstrated by the production possibility frontier, which displays the maximum amount of a good that can be produced in relationship to the production of another good.

Use the expanded accounting equation to compute the missing financial statement amounts.CompanyAssets.=Liability+Owner capital -Owner withdrawals+ Revenues- Expenses1. $64,000 $22,000 $32,000 $0 $? $14,0002. $102,800 $38,000 $56,000 $? $36,000 $24,000What is the revenues amount for company 1 and the owner withdrawals for company 2?

Answers

Answer:

1. $24,000

2. $3,200

Explanation:

1. Company Assets = Liability + Owner capital - Owner withdrawals +  Revenues - Expenses

64,000 = 22,000 + 32,000 - 0 + revenues - 14,000

Revenue = 64,000 - 22,000 - 32,000 + 14,000

Revenue = $24,000

2. Company Assets = Liability + Owner capital - Owner withdrawals +  Revenues - Expenses

102,800 = 38,000 + 56,000 - withdrawals + 36,000 - 24,000

-Withdrawals = 102,800 - 38,000 - 56,000 - 36,000 + 24,000

-Withdrawals = -$3,200.

Withdrawals = $3,200

1. The revenue amount for company 1 is $24,000

2. The owner withdrawals for company 2 is $3,200

The calculation is as follows:

1. Company Assets = Liability + Owner capital - Owner withdrawals +  Revenues - Expenses  

64,000 = 22,000 + 32,000 - 0 + revenues - 14,000  

Revenue = 64,000 - 22,000 - 32,000 + 14,000  

Revenue = $24,000

2. Company Assets = Liability + Owner capital - Owner withdrawals +  Revenues - Expenses

102,800 = 38,000 + 56,000 - withdrawals + 36,000 - 24,000

-Withdrawals = 102,800 - 38,000 - 56,000 - 36,000 + 24,000

-Withdrawals = -$3,200.

Withdrawals = $3,200

Learn more: https://brainly.com/question/17429689?referrer=searchResults

CVP analysis can be used to study the effect of:________a. changes in selling prices on a company's profitability.b. changes in variable costs on a company's profitability.c. changes in fixed costs on a company's profitability.d. changes in product sales mix on a company's profitability.e. All of the answers are correct.

Answers

Answer:

e. All of the answers are correct.

Explanation:

Cost Volume Profit (CVP) analysis involves a model of the relations amont the prices of the products, the volume or level of activity, unit variable costs, and the sales mix. The model is used to predict the impact on the profits of changes in those parameters. It is used to study the effects of changes in selling prices on a company's profitability,  changes in variable costs on a company's profitability, changes in fixed costs on a company's profitability, and changes in product sales mix on a company's profitability

On January 1, Boston Enterprises issues bonds that have a $1,300,000 par value, mature in 20 years, and pay 7% interest semiannually on June 30 and December 31. The bonds are sold at par.
A. How much interest will Boston pay (in cash) to the bondholders every six months?
2. Prepare journal entries to record (a) the issuance of bonds on January 1; (b) the first interest payment on June 30; and (c) the second interest payment on December 31.
3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 96 and (b) 104.

Answers

Answer:

1. $45,500

2. Journal entries

3. Journal entries

Explanation:

The Interest amount can be calculated by multiplying the face value of bonds with annual interest and the time period. Journal entries are given below

Requirement 1  (Interest amount)

Interest amount  = Face value of bond x annual interest rate x 6/12

Interest amount  = 1,300,000 x 7% x 6/12

Interest amount  = $45,500

Requirement 2 (Journal entries to record issuance of bond and interest expense)

1 Jan (issuance of bond payable )

                                                   DEBIT          CREDIT

Cash                                        1,300,000

Bonds payable                                             1,300,000

30 June (interest expense recorded)

                                                   DEBIT          CREDIT

Cash                                          45,500

Bonds payable                                               45,500

31 Dec (interest expense recorded)

                                                   DEBIT          CREDIT

Cash                                          45,500

Bonds payable                                               45,500

Requirement 3 (Journal entry for issuance assuming bonds are issued at a.96 b.104)

At 96

                                                            DEBIT          CREDIT

Cash(1,300,000  x 96%)                 1,248,000

Discount(1,300,000 - 1248,000)      52,000

Bonds payable                                                      1,300,000

At 104

                                                              DEBIT        CREDIT

Cash(1,300,000  x 104%)                  1,352,000

Premium (1,300,000 - 1248,000)                            52,000

Bonds payable                                                        1,300,000

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $358,700; materials of 401,000 and direct labor of $211,000. During the year Adams incurred $409,000 in materials costs, $412,300 in overhead costs and $215,000 in direct labor costs. Compute the amount of overhead applied to jobs during the year.

Answers

Answer:

Allocated MOH= $365,500

Explanation:

Giving the following information:

Estimated total overhead= $358,700

Estimated direct labor cost= $211,000

Actual direct labor cost= $215,000

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 358,700/211,000

Predetermined manufacturing overhead rate= $1.7 per direct labor dollar

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.7*215,000

Allocated MOH= $365,500

Which of the following is NOT a category of barriers to interpersonal communication?a. individual differences among employeesb. situational factors, such as outside noisec. transmission problems, such as telephone staticd. informal communication networks, such as the grapevine

Answers

Answer:

d. informal communication networks, such as the grapevine

Explanation:

Barriers to interpersonal communication are arises when a perosn has lack of self-awareness, Sensitivity, and flexibility. These barriers affect the teamwork and efficiency of each team member and a whole team as well. individual differences among employees, situational factors such as outside noise, and transmission problems, such as telephone static are examples of barriers to interpersonal communication.

Why luxury hotels might have higher variability than the budget hotels. Think about the Hotel Industry and why you might see greater price variability for upscale goods compared to budget items.

Answers

Full question attached

Answer:

mean and standard deviation of luxury hotels=145, 27.6

mean and standard deviation of budget hotels=46.1, 5.13

There is higher variability for luxury hotels than budget hotels

Explanation:

Please see attachment for explanation

Give an example of something that is good for one person and bad for someone else.

Answers

Answer: Cigarette smoking

Explanation:

Utility is simply defined as the satisfaction or the enjoyment that an individual gets when the individual consumes a particular good.

An individual who smoked cigarette derives satisfaction from it and gets value for his or her money, therefore it's good for him or her. But in the case of someone who doesn't smoke, the person will see cigarette as something bad because it gives disutility to him or her.

Pfister Corporation reports Retained Earnings of $8,863 million. This represents: ________.

Answers

Answer:

The below options are missing from the question:

a. the total amount of income earned since incorporation less distributions to shareholders

b. the total amount of income earned since incorporation

c. the amount of cash available to distribute to common shareholders

d. a reserve the firm can use to acquire another company

a. the total amount of income earned since incorporation less distributions to shareholders

Explanation:

The retained earnings of $8,863 million is the accumulated net income that the company has realized since it incorporation minus all dividends paid to shareholders since.

Note the formula for determining closing retained earnings is given below:

closing retained earnings=beginning retained earnings+net income-dividends

The following information is for S&P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 Variable manufacturing overhead $32,000 Fixed manufacturing overhead $30,000 Variable selling expense $16,000 Fixed selling expense $15,000 Variable administrative expense $9,000 Fixed administrative expense $18,000 . (Enter your answer as a Total period cost for the month of September was $ whole number) The following information is for S&P Enterprises for the month of September: ___________.

Answers

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense    $15,000

Variable administrative expense $6,000

Fixed administrative expense  $18,000

Total period Cost            $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000  

Fixed selling expenses         $15,000  

fixed admin expenses          $18,000

Total fixed cost                     $63,000

We simply added all the above items

The account balances of Wilson Towing Service at June 30, 2016, follow:Equipment $12,950Office supplies 1,000Notes payable 4,500Rent expense 500Cash 1,400Dividends 5,500Service revenue 12,500Accounts receivable 8,000Accounts payable 10,000Retained earnings June 1, 2016 5,900Salaries expense 2,500Common stock 2,000Required:1. Prepare the income statement for Wilson Towing Service for the month ending June 30, 2016.2. What does the income statement report?

Answers

Answer:

Wilson Towing Service

Income Statement

For the month ending June 30, 2016

Service revenue        $12,500

Salaries expense      ($2,500)

Rent expense               ($500)

Operating profit         $9,500

The income statement tells us how much profit/loss did a business make during a certain period of time. In this case, the operating profit was $9,500. In order to calculate net income we would need to subtract taxes but we are not given the tax rate or the taxes due.

A new furnace for your small factory will cost $45,000 and a year to install, will require ongoing maintenance expenditures of $1,400 a year. But it is far more fuel-efficient than your old furnace and will reduce your consumption of heating oil by 4,200 gallons per year. Heating oil this year will cost $2 a gallon; the price per gallon is expected to increase by $0.50 a year for the next 3 years and then to stabilize for the foreseeable future. The furnace will last for 20 years, at which point it will need to be replaced and will have no salvage value. The discount rate is 12%.a. What is the net present value of the investment in the furnace?b. What is the IRR? (Do not round intermediate calculations.c. What is the payback period? (Do not round intermediate calculations.d. What is the equivalent annual cost of the furnace? (Do not round intermediate calculations.e. What is the equivalent annual savings derived from the furnace?f. Compare the PV of the difference between the equivalent annual cost and savings to your answer to part (a). Are the two measures the same or is one larger?

Answers

Answer:

a) NPV = $43,874.65

b) IRR = 24.37%

c) payback period = 5.33 years

d) equivalent annual cost = $6,024.55

e) equivalent annual savings = $13,298.61

f) since the NPV is positive, the equivalent annual savings must be higher than the equivalent annual costs

Explanation:

initial outlay year 0 = -$45,000

net savings year 1 = -$1,400 + (4,200 x $2) = $7,000

net savings year 2 = -$1,400 + (4,200 x $2.50) = $9,100

net savings year 3 = -$1,400 + (4,200 x $3) = $11,200

net savings years 4 - 20 = -$1,400 + (4,200 x $3.50) = $13,300

discount rate = 12%

using a financial calculator:

NPV = $43,874.65

IRR = 24.37%

payback period = 5.33 years

equivalent annual cost = (present value of costs x 12%) / / [1 - (1 + 12%)⁻ⁿ] =[($45,000 + $10,457.22) x 12%] / [1 - (1 + 12%)⁻ⁿ] = $6,654.87 / 0.89633 = $7,424.57

equivalent annual savings = (present value of savings x 12%) / / [1 - (1 + 12%)⁻ⁿ] = ($99,332.87 x 12%) / / [1 - (1 + 12%)⁻ⁿ] = $11,919.94 / 0.89633 = $13,298.61

The CFO is not responsible for which of the following departments?
A. Investor relations.
B. Research and development.
C. Legal.
D. Production.

Answers

Answer:

A. Investor relations

Explanation:

The chief financial officer of a company is responsible for maintaining the finances of the organisation. This includes financial planning, risk management, record keeping and financial reporting.

However investor relations has increasingly become part of their job role.

Investor relations requires oversight that emphasises audit accuracy, disclosure, reporting, and compliance practices. This needs a person with financial management background.

So this has become part of the portfolio of the CFO.

Holton is a manager at a small restaurant.what can he do to ensure the workplace offers a safe environment for employees?

Answers

Answer:

Require all employees to wear slip resistant shoes.

Answer:

warn them of dangers around the kitchen, distribute panphlets than help the workers understand the risks, where to get help in case of an accident and make sure to contact their doctor or 911 as soon as the injury occurs to keep both boss and employee out of serious legal troubles

How much cash does the firm actually have? You are the CFO of ABC Corp. You are looking to hire a financial analyst, and you've given an assignment to two short-listed candidates. You've given the following information to the job applicants: The company reported net sales of $5, 625 million. Assume that there were no noncash sales. Operating costs (excluding depreciation and amortization) were 65% of the company's total revenues. Depreciation and amortization charges were 5% of total sales. Interest charges were 15% of earnings before interest and taxes (EBIT) with a tax rate of 40%. You've asked the candidates to give you a number that best represents the cash flow situation of the company. Jake submits a report stating that the firm has $861 million in cash. Kurt submits a report stating that the firm has $1, 142 million in cash available Based on the information given to them, which applicant has provided a better estimate of the company's current cash flows? Kurt Jake

Answers

Answer:

Kurt

Explanation:

The computation of the cash available is shown below;

But before that first we have to determine the net income which is shown below:

Net sale               $5,625

Less:

Operating cost     -$3,656.25 ($5,625 × 65%)

Depreciation         -$281.25  ($5,625 × 5%)

EBIT                       $1,687.5

Less

interest                   -$253.125   ($1,687.50 × 15%)

Profit before tax     $1434.375

Less:

Tax                           -$573.75   ($1,434.375 × 40%)

Net income               $860.625

Add: depreciation    $281.25

Cash                          $1,141.875

Hence, the Kurt provide a better estimation for the current cash flows

The journal entry to record a credit sale is:______.a) cash; service revenue.
b) accounts receivable: sales.
C) accounts receivable: sales return and allowances.
d) cash; sales.

Answers

Answer:

b) accounts receivable: sales.

Explanation:

When sales are made on credit, no cash is received, hence, the appropriate entries would be to record expectation of future cash receipt by debiting accounts receivable while sales revenue is credited because sales are recorded when entity has delivered goods to the customer and not necessarily when cash in respect of the sales has been received

Which of the following is not a principal dimension of a servicescape?
A) spatial layout and functionality
B) signs, symbols and artifacts
C) facility location
D) ambient conditions

Answers

Answer:

C) facility location

Explanation:

There are three components or principle of servicescape that are applied for the study as a measure for satisfaction that involves the condition related to the ambient, spatial layout & functionality, and the symbol, sign & artifacts

But do not include the facility location

Therefore the option C is selected as it does not involed in the service scape

Which of the following statements describes an oil and gas blind pool offering?a) the oil exploration occurs in an area that is not adjacent to any known oil reserves.b) money is raised without a specific property being stated, and the GP selects the investments.c) the income from producing wells is purchased at a discount from the present value of the projected future flows.d) an unknown number of representatives participates in the sale of known partnership units.

Answers

Answer:

b) money is raised without a specific property being stated, and the GP selects the investments.

Explanation:

A blind pool offering can be defined as a limited liability partnership or investment program that isn't backed up by the required investment goals for the funds that has been gathered from investors.

When money is raised without a specific property being stated, and the GP selects the investments it describes an oil and gas blind pool offering.

Opportunity costs may be viewed only in terms of financial resources.a) trueb) false

Answers

Answer:

b) false

Explanation:

Opportunity costs can also be viewed in terms of personal preferences or satisfaction. E.g. a person could legally work all day and all night. Of course no one can actually work that much, but it is possible to work between 16 - 18 hours per day. But by doing so, you will have to lose certain personal benefits like spending time with your family, girl/boy friend, doing things that entertain you, or even going to church if you are very religious (and many other things). People value their personal activities in a different way, and will decide what to do depending on which activity they value most.

Which of the following is true of the Siemens bribery scandal? a not selected option a It stopped before the investigation began. b not selected option b The CEO was involved and condoned it. c not selected option c It seemed to be a long-term pattern. d not selected option d It was a false accusation. e not selected option e The company never admitted it broke the law with its actions.

Answers

Answer:

The true statement about the Siemens bribery scandal is:

b The CEO was involved and condoned it.

Explanation:

The 2008 Siemens scandal was an organized and deliberate effort by the company to bribe government officials in order to secure supply contracts from national governments.  It was a worldwide act perpetrated by senior management officials with a long-term pattern.  The massive bribery  attracted a fine of $160 billion. It seems that bribery is an "embedded business culture in the company."

jk I figured it out hahaha

Answers

Hey, I just needed extra points

Answer:

thats great♡♡♡♡♡♡

Explanation:

just need points♡♡♡♡

Which of the following best describes how the Federal Reserve Bank helps
banks during a bank run?
A. The Federal Reserve Bank regulates exchanges to prevent the
demand for withdrawals from rising above the required reserve
ratio.
B. The Federal Reserve Bank has the power to take over a private
bank if customers demand too many withdrawals.
C. The Federal Reserve Bank can provide a short-term loan to banks
to prevent them from running out of money.
D. The Federal Reserve Bank acts as an insurance company that
pays customers if their bank fails.

Answers

Answer:

C. The Federal Reserve Bank can provide a short-term loan to banks

to prevent them from running out of money.

Explanation:

the rise and fall of the surface of the ocean is called​

Answers

the rise and fall on a ocean is called a ' tide '

Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false

Answers

Answer:

True

Explanation:

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials,  labor, etc into the goods and services needed by consumers.

If the optimal production lot size decreases, average inventory increases. A. TrueB. Fasle

Answers

Answer:

A. True

Explanation:

If the optimal production decreases than the average inventory will increase.

An owner of a small firm needs to hire some managers. Assume that each manager has time to
do only one task. Task A is worth $100,000 to the owner, Task B is worth $75,000, and Task C is
worth $50,000. The owner hires only two managers, having one to do Tas A and the other Task
B. What is the opportunity cost of Task B?

Answers

Answer:

The opportuniy cost is the cost of forgoing one alternative.

In this case, the opportunity cost of Task B is the value of Task C, which is $50,000.

This is because the owner has hired two managers, one to do Task A, and another to do Task B, which leaves Task C unattended.

Why is accounting important?
a) Businesses, regulatory agencies, and the general public use accounting information.
b) Accounting information impacts businesses only.
c) Accounting is important only to those who are majoring in accounting.

Answers

Answer:

I belive it is A

Explanation:

I'm not 100 percent sure dude but i leaning towards A

____________________ are a pool of assets that trade like stocks on an exchange. They track a group of stocks, such as all stocks in an index or stocks of companies in emerging markets.

Answers

Answer:

Exchanged-traded funds

Explanation:

Exchanged-traded funds are forms of investment that are usually traded on stock exchange the way other securities are traded, but they have an underlying asset.

Unlike mutual funds ETF are traded on the stock exchange at all periods of the day.

Assets held by ETF includes, shares, currencies, bonds, and commodities like gold and oil.

Value of trade is kept close to the net value of the underlying asset.

A new aerated sewage lagoon is required in a small town. Earlier this year one was built on a similar site in an adjacent city for $2.3 million. The new lagoon will be 60% larger. Use the power sizing exponent 1.13 to estimate the cost of the new lagoon.Equipment or Facility Size Range Power- Sizing ExponentBlower, centrifugal 10,000- 100,000 ft^3/min 0.59Compressor 200-2100 hp 0.32Crystallizer, vacuum batch 500-7000 ft^2 0.37 Dryer, drum, single atmospheric 10-100 ft^2 0.4Fan, centrifugal 20,000-70,000 ft^3/min 1.17Fitter, vacuum rotary drum 10-1500 ft^2 0.48Lagoon, aerated 0.05-20 million gal/day 1.13Motor 5-20 hp 0.69Reactor, 300 psi 10-1000 gal 0.56Tank, atmospheric, horizontal 100-40,000 0.57

Answers

Answer:

The answer is "4.05 Million".

Explanation:

Formula:

[tex]\text{New Lagoon Cost = cost \times size^y}[/tex][tex]\text{New Lagoon Cost} = cost \times size^y[/tex] Where y is the exponent for power-sizing  

[tex]= \$ 2.3 \times (1.65)^{1.13}\\\\ =\$ 2.3 \times 1.76098987\\\\ = 4.0502767\ \ OR \ \ 4.05[/tex]

The Lagoon carbonated power portion from the given table is 1.13, that's why the final answer is "$ 4.05 million"

Other Questions
Which principle of IDEA states that a student with a disability must be educated with students without disabilities to the maximum extent appropriate for the student? The Battle of _______________ proved that the colonists could hold their own against the British army. * EXTRA POINTS Need help asap ALGEBRA 2 given m||n find the value of x She must pay $200 to rent a booth at the craft fair. The materials for each pendant cost $7.80, and she plans to sell each pendant for $13.50. To make a profit, she must make more money than she spends. Steve weighs 18 more pounds than Ryan. If their weight totals 144 pounds, how much does Ryan weigh? Do you think the increased use of these products raises any concerns?. f(x) = 2x g(x) = x + 5 h(X) = 3x - 7 What is the correct set up for h(f(x))?? *A. 2(3x - 7)B. 3(2x) - 7C. (3x - 7) + 5D. 3(x + 5) - 7 1. In a biology experiment the number of yeast cells is determined after 24 hours of growth atdifferent temperatures.a) Identify the independent and dependent variables in the experiment. One of two complementary angles is 16 degrees less than its complement. Find themeasure of both angles. which of the following is a irrational number? square root of 41. negative square root of 9. negative square root of 25. negative square root of 64 How much money should Timothy and Tiffany deposit annually for 20 years in order to provide an income of $30,000 per year for the next 10 years? Assume an interest rate is a constant 4% What is cell ? Explain I will give you brainliest as soon as possible Which are elements of culture? Ten plants are grown in equal amounts of sunlight with equal amounts of water and varying amounts of fertilizer.Fertilizer is a(n): Expand & simplify ( x 1 ) ( x 1 ) Sheri studies to get good grades because this is what her parents expect of her. This is ana. Intrinsic motivational statementC. Both of theseb. Extrinsic motivational statementd. None of thesePlease select the best answer from the choices providedAOo ooD which of the following is the correct conversion rate to multiply by in order to convert from meters per second to centimeters per second 100 seconds/1 m 100 m/ 1 cm 100 cm/1 second 100 cm/ 1 m 8x - 27 - 10 - 6x = 152x - 27 - 10 = 152x - 17 = 15+ 17 + 172x = 32X = 16 3. What would be an example of demonstrating patriotism, or loving ones country In which scenario would an infographic best help present information?A student is explaining to her parents why she should be allowed a later bedtime.A person is sharing his feelings with a next-door neighbor.A restaurant owner is seeking to persuade customers to try her new dish.A teacher is informing an audience of the time students spend on different social media apps.