Business, 23.01.2020 18:31 jakails7532
Last year ann arbor corp had $250,000 of assets (which equals total invested capital), $305,000 of sales, $20,000 of net income, and a debt-to-total-capital ratio of 37.5%. the new cfo believes that a new computer program will enable the company to reduce costs and thus raise net income to $33,000. the firm finances using only debt and common equity. assets, total invested capital, sales, and the debt to capital ratio would not be affected.
by how much would the cost reduction improve the roe?
do not round your intermediate calculations.
a. 6.74%
b. 8.82%
c. 8.32%
d. 8.15%
e. 8.57%
Answers: 1
Business, 21.06.2019 16:50, Softball6286
Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:
Answers: 2
Business, 21.06.2019 21:00, dasiaflowers85
Identifying transactions national park tours co. is a travel agency. the nine transactions recorded by national park tours during may 2019, its first month of operations, are indicated in the following t accounts: cash (1) 75,000 (2) 900 (7) 8,150 (3) 1,600 (4) 6,280 (6) 2,700 (9) 2,500 accounts receivable (5) 12,300 (7) 8,150 supplies (2) 900 (8) 660 equipment (3) 8,000 accounts payable (6) 2,700 (3) 6,400 beth worley, capital (1) 75,000 beth worley, drawing (9) 2,500 fees earned (5) 12,300 operating expenses (4) 6,280 (8) 660 indicate for each debit and each credit (a) whether an asset, liability, owner's equity, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or decreased account debited account credited transaction type effect type effect (1) (2) (3) (4) (5) (6) (7) (8) (9)
Answers: 3
Business, 22.06.2019 10:40, charlesrogers38
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk
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Last year ann arbor corp had $250,000 of assets (which equals total invested capital), $305,000 of s...
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