A firm has a return on equity of 20 percent. the total asset turnover is 1.9 and the profit margin is 8 percent. the total equity is $5400. what is the net income?

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Answer 1

A firm has a return on equity of 20 percent. the total asset turnover is 1.9 and the profit margin is 8 percent. the total equity is $5400.

Net profit equals.20 x $5,400, or $1,080.

Definition and Calculation of Return On Equity (ROE)

A financial metric called return on equity (ROE) measures a company's efficiency in relation to the equity of its owners. The statistic Return On Equity (ROE), like Return On Assets (ROA), aids investors in determining how effectively a company generates return on investment. This article examines the definition of ROE, its significance, and its application to investors.

ROE Calculator

Divide a company's net income by the equity held by its shareholders to get return on equity. Then double that amount by 100 to express it as a percentage.

ROW is calculated as (Net Income / Shareholder Equity) * 100.

An illustration of the ROE Formula, which states that ROE is calculated as net income divided by shareholder value

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Related Questions

The adjusting entry for a prepaid expense includes a debit to a(n) ______ account and a credit to a(n) ____ account.

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The adjusting entry for a prepaid expense includes a debit to an expense account and a credit to an asset account. When a company makes in advance payments for products or services that will be received in the future, the result is a sort of asset called a prepaid expense on the balance sheet. Although initially reported as assets, prepaid expenses eventually have their value expensed onto the income statement.

The prepaid expense is different from other expenses in that the business will benefit from it over the course of multiple accounting periods. Expenses must be recognized in accordance with generally accepted accounting principles (GAAP) within the same accounting period as the benefit from the corresponding asset.

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The _____ is the average time between purchasing inventory and receiving cash proceeds from its sale.

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Answer:

Operating cycle

Explanation:

Sears sells batteries under its own diehard brand name even though another company actually produces these batteries. this is an example of?

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Sears sells batteries which are under its own diehard brand name even though another company actually produces such batteries. This is an example of dealer or private brand.

A private brand is a good which is manufactured for and sold under the name of a specific retailer, which is thus competing with the other brand-name products in the market.

So here, Sears is said to have the best car batteries, which Sears sells under its own diehard brand name in the market, even though these batteries are actually produced by another company.

Hence, the retailer is said to control everything about the product or products in the market.

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The value of information is directly linked to how it helps decision makers achieve their organization’s _____.

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The value of information is directly linked to how it helps decision makers achieve their organization’s Goals

What consists of computer tools to perform input processing and output movements?

The physical equipment and computing machines used for input, storage, processing, output, and telecommunications.

Computer software: The detailed, preprogrammed education that controls and coordinates the computer hardware elements.

What refers to data in any format that have been used for a previous operation in an information system?

Information refers to data that have been processed and organized in a form, which is appropriate for decision-making, The raw data processed following decision benefit of a decision-maker evolves information.

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Adjusting entries are recorded at the end of each accounting period so that net income is accurately reflected in the financial statements for the period.
true/ false

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Adjusting entries are journal entries used in accounting and accounting to assign income and expenditure to the period in which they actually occurred. They are often made at the end of an accounting period.

This is a True Statement

What are the 5 adjusting entries?

Accrued revenues, accrued expenses, unearned revenues, prepaid expenses, and depreciation

These are the five categories that make up Adjustments entries.

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Dave and nadine have decided that they want to become property investors. what is most likely their main motivation for investing?

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Dave and Nadine's main motivation for investing in property is income appreciation.

What is a Investment?

Investment is the amount that is spent to start an earning, the amount is invested in the business or the investment. The investment in return provides profit to the investor.

The investments made by individuals are also beneficial for the economy of the country, the investment of cash enables the economy a boost while the opposite situation is not ideal for any country.

In the scenario provided, Dave and Nadine have decided that they want to become property investors, this is a type of investment and this investment in property would let them earn the appreciation of land value which is in fact the increase in income and this may also result in a rental income.

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Sana gill deposited $3,500 into a new business checking account to begin her new bookkeeping firm, gill bookkeeping. this business transaction would:__________

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Sana Gill deposited $3500 into a new business checking account to begin her new bookkeeping firm, Gill Bookkeeping. This business transaction would increase the company's cash, and increase Sana Gill's Capital.

A business transaction is what?

A financial exchange of commodities, money, or services between two or more people is referred to as a business transaction. A commercial exchange must have a measurable monetary value in order to be considered a transaction for accounting purposes. Business dealings will have an impact on the company's finances.

A long-term service contract might be as complicated as a business transaction, or it can be as simple as a cash purchase. The following requirements must be met for a transaction to qualify as a commercial transaction:

The deal can be valued financially.The company and the third party engage in the transaction.The deal is made on behalf of the company and not for a person's personal benefit.

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A person or an organization that helps another organization sell its goods and services to customers is called a(n) ______.

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A person or an organization that helps another organization sell its goods and services to customers is called a(n) distributor.

What is services to customers ?

Customer service today is providing proactive and prompt assistance to clients whenever they need it via the channel of their choosing, including . Customer service is now seen by enterprises across industries as a strategic function due to how crucial it is.

Therefore

A person or an organization that helps another organization sell its goods and services to customers is called a(n) distributor.

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Which department is most likely to conflict with public relations over responding immediately to media requests for information during crises?

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Marketing department is most likely to conflict with public relations over responding immediately to media requests for information during crises.

It acts as the public face of your firm by organising and creating the materials that reflect it. Reaching out to potential clients, consumers, investors, and/or the general public is the responsibility of the marketing department, which must also develop a unified brand image that favourably portrays your business.

Understanding your market and rivals, establishing your company's market positioning, pricing, and services, promoting the company to your target audience, and outlining how they might profit from collaborating with you are all steps in the marketing process.

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The category of information system that is used to process business event data at the operational level of the organization is __________.

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The class of records system this is used to procedure business event facts at the operational stage of the corporation is Transaction processing structures (TPS).

A transaction process system (TPS) is a facts processing gadget for enterprise transactions regarding the gathering, change, and retrieval of all transaction records. characteristics of a TPS include overall performance, reliability, and consistency. TPS is also known as transaction processing or real-time processing.

Transaction processing is a manner of computing that divides paintings into individual, indivisible operations, called transactions. A transaction processing device is a software program gadget, or software program/hardware mixture, that supports transaction processing.

A Transaction processing structure (TPS) is an automated system that performs and information the everyday ordinary transactions important to behavior enterprise. Examples are sales order entry, motel reservation structures, payroll, employee document retaining, and delivery.

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When a company is the first to market with a competitive advantage, this is called a first-mover advantage. all of the following companies were first-movers except ________.

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With the exception of Microsoft's Bing search engine, all of the following businesses were pioneers.

How Does First-Mover Advantage Work?

Simply put, a first-mover advantage is a company's capacity to outperform its rivals as a result of being the first to market in a new product area. We believe it is important to distinguish between long-lasting first-mover advantages and those that are fleeting. Long-lasting first-mover advantages increase a firm's market share or profitability over time. Although no advantage lasts forever, businesses who are successful in establishing long-lasting first-mover advantages frequently dominate their product categories from a market's infancy to its mature stage for many years. Both the importance and endurance of early success are well demonstrated by Coca-Cola in soft drinks and Hoover in vacuum cleaners.

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Bluedot, a company headquartered in toronto, canada, is working on ways to better detect and predict pandemics before they occur. the software analyzes threat vectors including:__________

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Bluedot, a company headquartered in toronto, canada, is working on ways to better detect and predict pandemics before they occur. the software analyzes threat vectors including early warning systems to identify pandemic.

What is threat vector ?

A threat vector is a mechanism or method by which a cybercriminal gains access to a computer system via one or more of the six main routes by exploiting a route vulnerability (also called an attack surface).

The six main ways (points of entrance) are as follows:

The network Email Users Web applications Portals for remote access Mobile phones. A system can be attacked for passive (gaining or using information without affecting the system) or active (directly attempting to alter or disrupt the system's operations) causes.As hackers discover new ways to exploit people and system weaknesses to deploy malicious software, access sensitive data, or access operating systems, the list of threat vectors rises. Threat vectors are classified as either programming or non-programming.

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Explain why debt and credit are a bad idea. How could they negatively affect your life?.

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Credit card debt is considered "awful" debt because of its high interest costs and occasional minimum payments, and the reality that it is not used to shop for appreciating property. Use your credit score cards for the rewards and other benefits, but pay the stability in full every month.

Debt can cause anxiety and depression, which could growth headaches, affect sleeping patterns and effect someone's capability to cognizance. This sort of physical stress on the frame can result in greater frequent colds and infections and affect someone's capability to visit work which further complements economic struggles. A bad credit records can have wider-ranging outcomes than you might assume. no longer simplest will a spotty credit document result in better interest fees and fewer mortgage options; it can additionally make it harder to discover housing and collect certain services. In some instances it can matter in opposition to you in a activity hunt. the primary disadvantage of debt financing is that interest must be paid to lenders, which means that the amount paid will exceed the quantity borrowed. A state saddled with debt may have much less to invest in its very own future. growing debt way fewer monetary opportunities for americans. rising debt reduces commercial enterprise funding and slows monetary growth. It also will increase expectations of higher costs of inflation and erosion of confidence within the U.S. dollar.

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Revenue in the income statement for the year ended december 31, 2018 equals the ______.

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Revenue in the income statement for the year ended December 31, 2018 equals the amount earned by selling goods or services to customers during 2018

This is further explained below.

What is Revenue?

Generally, Revenue is the entire amount of money created by the sale of products and services relevant to the principal activities of the company. Revenue is the total amount of income generated by the sale of goods and services.

In conclusion, The line item known as revenue in the income statement for the fiscal year that concluded on December 31, 2018 represents the total amount of money made from the sale of products or services to consumers in 2018.

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Which qualitative characteristic requires that financial information should not influence decision making to achieve a predetermined result?

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Neutrality is qualitative characteristic requires that financial information should not influence decision making to achieve a predetermined result.  The trait of neutrality is frequently referred to as objectivity or freedom from bias. When creating or implementing standards, the relevance and veracity of the information that arises should be the main consideration, not how the new norm may affect a certain interest or user (s).

Accounting facts and accounting procedures should be independently assessed and reported without any explicit bias toward any particular user or user group. It cannot be stated that accounting information reported favors one set of interests over another if there is no bias in the selection of that information. It is because that is what the data indicates.

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One of the most important ways for a firm to create and maintain ethical behavior in the workplace is for management to?

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One of the most important ways for a firm to create and maintain ethical behavior in the workplace is for management to. The foundation of duty-based ethics is the notion that every business has obligations to others.

What is Ethical Behavior?
The application of moral principles in a particular situation is seen as an ethical activity. It is behaving morally within the bounds set out by the society in which we live. Both interpersonal and professional connections at work can exhibit ethical behaviour. Corporations as legal entities can also use the idea. It assesses how decisions are morally significant in each of the aforementioned scenarios. A civilization must have ethical behaviour in order to run well. People who act unethically typically lose the trust of others, and the law should punish them for their unethical behaviour.

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The law of demand illustrates a(n) ____ relationship between price and ____.
a. direct; quantity demanded
b. inverse; quantity demanded
c. inverse; demand
d. direct; demand

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The law of demand illustrates an Inverse relationship between price and Quantity demanded.

It has downward sloping and negative relation.

Increase in price will decrease the quantity demanded and vice versa

Option (a) is incorrect as there is inverse relationship not direct.

Option (c) is incorrect as there is relationship of price and quantity demanded not demand.

Option (d) is incorrect because there is no direct relation  with the price and demand.

The law of demand illustrates an inverse relationship between price and the quantity demand.

Quantity demanded is defined as quantity demanded at particular price whereas demand refers to the different quantities at different prices that consumer is willing to buy

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Answer:

The correct answer is B

Explanation:

Majerek company accrues salaries at year-end. what is the financial statement effect of this adjusting entry?

Answers

Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortization, interest, and taxes for a certain accounting period.

The financial statement effect of this adjusting entry is

Net income is decreased.

The amount earned by an individual or corporation after costs, allowances, and taxes is referred to as net income. Net income in company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

The following equation is used to determine net income:

Net Income = Revenue - Cost of Goods Sold - Expenses.Net Income = Gross Income - Expenses.Net Income = Total Revenues - Total Expenses.

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Business complaints about copyright protection and intellectual property rights in some countries illustrate how differences in ___ can impact international operations

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Business complaints about copyright protection and intellectual property rights in some countries illustrate how differences in Legal Environments can impact international operations

Legal Environments

The study of the legal environment in business focuses on how the law affects all facets of business ownership and administration. Students concentrate on legal ethics, court processes, torts, contracts, consumer law, property law, employment law, environmental law, and international law during the whole semester.Why is the legal landscape significant to business?All businesses who are thinking about operating in a global market must be aware of the laws that are relevant to their operations in order to protect themselves from civil and criminal responsibility as well as to uphold their ethical standards.

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Assume that a ver (voluntary export restraint) is imposed on an imported product. The difference between the domestic price and the world price is captured by?

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Assume that a ver (voluntary export restraint) is imposed on an imported product. The difference between the domestic price and the world price is captured by Foreign exporters.

What is Foreign exporters?

The export sector is a part of the global trade. They are the goods and services that citizens of a country purchase that were created by another country. They make up a country's trade balance along with imports. When a nation exports more things than it imports, it has a trade surplus.

Therefore,

Assume that a ver (voluntary export restraint) is imposed on an imported product. The difference between the domestic price and the world price is captured by Foreign exporters.

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Ll the costs appearing on the job cost sheets of the jobs that are being worked on are found in the ______ account.

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Ll the costs appearing on the job cost sheets of the jobs that are being worked on are found in the work in process account.

Cost Sheet

A cost sheet is a declaration that lists all the different parts that make up a product's total cost and provides comparative historical data. You can determine the ideal selling price of a product using the cost sheet as a guide. You can use expected costs or past costs to build a cost sheet document.

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on october 1, the accounts receivable account balance was $41,900. during october, $364,500 was collected from customers on account. assuming that the october 31 balance was $48,200, determine the fees billed to customers on account during october.

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If $364,500 was collected from customers on account. assuming that the october 31 balance was $48,200, the fees billed to customers on account during october is: $274,400.

Fees billed

First step is to calculate the amount collected

Amount collected=Amount collected on account- balance

Amount collected=$364,500-$48,200

Amount collected=$316,300

Second step is to calculate the fees billed

Fees billed=$316,300-$41,900

Fees billed=$274,400

Therefore if $364,500 was collected from customers on account. assuming that the october 31 balance was $48,200, the fees billed to customers on account during october is: $274,400.


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A(n)_____is someone in an organization who decides to speak out against on-the-job activities that are contrary to the mission of the organization or threaten the public interest.

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A(n) Whistle blower someone in a corporation who decides to speak out against on-the-job activities that are contrary to the mission of the organization or threaten the public interest.

What is organization?

An organization, may be a type of entity that consists of one or more people and has a specific function. samples of such entities include businesses, institutions, and associations.

The term springs from the Greek word organ on, which may refer to an instrument, a tool, or an organ.There are many various legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, soldiers , charities, not-for-profit corporations, partnerships, cooperatives, and academic institutions, among others.

A hybrid organization is one that performs public functions while also pursuing commercial market operations. It operates in both the general public and private sectors concurrently.

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The decision to go to graduate school is a rational one for a college student if the?

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The decision to go to graduate school is a rational one for a college student if the marginal benefit of graduate school exceeds the marginal cost.

What is marginal cost?

The additional costs spent by manufacturing more units of an item or service are known as marginal costs. Marginal-cost pricing, in economics, is the practise of setting the price of a product to equal the additional cost of producing an additional unit of output. It is calculated by taking the total change in the cost of producing more goods and dividing that by the change in the number of goods produced. This policy limits the producer's ability to charge for each unit of a product sold to the addition to total cost attributable to materials and direct labour.

Therefore,

The decision to go to graduate school is a rational one for a college student if the marginal benefit of graduate school exceeds the marginal cost.

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what method of manufacturing, introduced in the early 1800s, made mass production possible? the use of interchangeable parts the use of hand-crafted products

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The method of manufacturing that made mass production in the early 1800s possible was the implementation of interchangeable assembly parts leading up to the moving assembly line for large scale production

The Americans liked the idea of manufacture of interchangeable gun parts that was originally an innovation from France who did not go on with the innovation so the Americans became independent in artillery manufacture and so promoted interchangeable parts in their own industries.

Although assembly line techniques had been developed as early as the twelfth century in Venice, the implementation of interchangeable parts allowed American industry to expand on the idea and build huge high-output factories.

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Because many countries are investing in countries other than their own, each country is becoming more autonomous and independent. true false

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That claim is false. Each country is NOT becoming more autonomous and independent if it is investing in other countries than their own. That should go without saying, I believe.

It should be fairly self-explanatory and obvious that a nation that refuses to invest on its own country is not autonomous or independent. 

How can you be self-reliant and self-sufficient in the face of your own sovereign if you don't believe in your own resources and potential?

It is good to have domestic consumers who demand more from businesses and often push those national industries ahead of those in other nations where consumers are less demanding and lack interest.

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A registration statemtn has been filed for an upcoming ipo, as an investment banking reprsesentative you could send the client?

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As an investment banking agent, you might invite the client to a road show where the company's management would discuss business ideas and provide them the preliminary prospectus.

A Preliminary Prospectus is what?

A company files a preliminary prospectus, which is a first draft registration statement, before initiating an initial public offering (IPO) of its securities. The paper, which was submitted to the Securities and Exchange Commission (SEC), aims to enlighten potential shareholders on the operations, leadership, strategic plans, financials, and ownership structure of the company. The preliminary prospectus requests expressions of interest in the upcoming issue. The client may also receive an invitation to a road show along with the preliminary prospectus.

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To help employ qualified veterans, ______ are required to post all job openings with a state employment agency.

Answers

To help employ qualified veterans, the federal contractors are required to post all job openings with a state employment agency.

Who are the federal contractors?

They refers to any person who enters into a contract or are bidding on such a contract with an agency of the United States government and is expecting to be paid for the services, material, equipment, supplies, land or buildings with funds appropriated by Congress.

In conclusion, as on of their duties which is to help employ qualified veterans, the federal contractors are required to post all job openings with a state employment agency.

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A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing ______.

Answers

A buyer is most likely to skip some stages of the purchase decision process when the buyer is purchasing products that are regularly bought.

What is purchase?

A purchase is when a person makes a purchase or acquires possession of a product. A price must be paid in order to purchase an item.

A television, a mansion, an automobile, or even some detergent can be the purchased object.

If the person is buying a product on a daily basis or a person is buying a product that is cheap, then he or she would like please have a decision to keep the process of checking the quantity price or even the components and directly buy the product.

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The sale of shares not owned by the investor but borrowed through a broker and later purchased to replace the loan is called a:_____.

Answers

The sale of shares not owned by the investor but borrowed through a broker and later purchased to replace the loan is called a short sale.

What is a short sale?

A short sale is when an investor sales a stock he does not own but has borrowed from a broker. At a later date, the investor then buys the stock to make a delivery on the sales.

A short sale is usually undertaken when the investor is bearish. This means that the investor expected price of the stock to fall in the future. Thus, the investor would short sell the stock at a higher price now and buy it at a lower price in the future.

For example, assume an investor short sells a stock for $100. Two weeks from now, the stock now has a value of $80. The investor buys the stock at $80. The profit earned by the investor is $20 ($100 - $80).

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