Business, 08.03.2021 20:00 alliemeade1
Baker Industriesâ net income is $23000, its interest expense is $6000, and its tax rate is 45%. Its notes payable equals $24000, long-term debt equals $80000, and common equity equals $250000. The firm finances with only debt and common equity, so it has no preferred stock.
Required:
What are the firmâs ROE and ROIC?
Answers: 1
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Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
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What are six resources for you decide which type of business to start and how to start it?
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In the current period, forward co. started with the production of 21,000 units and completed 8,400 units, leaving 13,200 units in process that are 42% complete. if forward co. incurred production costs of $34,980, what was forward's cost per equivalent unit for the period? (note: round your answer to two decimal places.)
Answers: 3
Baker Industriesâ net income is $23000, its interest expense is $6000, and its tax rate is 45%. Its...
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