Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the
Question:
(i). 13.3%
(ii). 10.9%
(iii). 9.3%
(iv). 8.6%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
i Gradys return on assets 13...View the full answer
Answered By
Mary Njunu
I posses Vast, diversified knowledge and excellent grammar as a result of working in ACADEMIC WRITING for more than 5 years. I deliver work in various disciplines with assurance of quality work. I purpose at meeting the clients’ expectations precisely. Let’s work together for the best and phenomenal grades.
4.90+
928+ Reviews
2555+ Question Solved
Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Cost Accounting questions
-
Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE?
-
Bartlett's Pears has a profit margin of 7.5 percent on sales of $26,000,000. If the firm has debt of $9,500,000 and total assets of $19,000,000, what is the firm's ROA?
-
Beckinsale. Inc., has a profit margin of 5.8 percent on sales of $14,500,000. If the firm has debt of $7,300,000 and total assets of $11.200.000, what is the firm's ROA?
-
Jones Archaeology began 2018 with retained earnings of $180,000. During 2018, Jones made sales of $832,000 with 56% of sales allocated to cost of goods sold. Selling and administrative expense for...
-
How is it possible that a complete circle of a rainbow can sometimes be seen from an airplane?
-
Two air parcels with the same temperature (25C) rise from sea level to an elevation of 4 km. Air parcel 1 has a relative humidity of 50%; and air parcel 2 has a relative humidity of 10%. At the 4-km...
-
Why should a partnership agreement be in writing?
-
Ella Mae Simpson is the owner of a hairdressing salon in Palm Coast, Florida. Her salon provides three basic service: shampoo and set, permanents, and cut and blow dry. The following are its...
-
Apr. 30: Sandy Manufacturing is party to a patent infringement lawsuit of $160,000. Sandy Manufacturing's attorney is certain it is remote that Sandy Manufacturing will lose this lawsuit. Date...
-
On November 1, 2022, the following were the account balances of Sunland Equipment Repair. Debit Credit Cash $ 3,420 Accumulated Depreciation-Equipment $ 500 Accounts Receivable 3,100 Accounts Payable...
-
Rendolin Inc. has developed the following budget data based on 100,000 direct labor hours (50,000 units @ 2 direct labor hours each). During the last period, the company actually produced 48,000...
-
Make up and answer your own question using the following information. Bob owns 100% of the stock of XYZ Corporation. Bob's tax basis in XYZ Corporation as of January 1, 2015 is _______. As of...
-
Hawthorne Golf, the maker of a sought-after set of golf clubs, was formed in 2012. The selling price for each golf club set is $1,700, variable production costs are $900 per unit, fixed production...
-
Firm C has a debt of $1 million due at the end of the year, and the market value of its assets will be $0.9 million at the end of the year. Firm C has the following investment opportunities...
-
The Newman Company has a debt ratio of 33.33 percent, and it needs to raise $100,000 to expand. Management feels that an optimal debt ratio would be 16.67 percent. Sales are currently $750,000, and...
-
There are four different types of pearlitic steel which are furnace-cooled, as-received, air-cooled, and forced-air-cooled. These types consist of coarse, medium, fine, and very fine microstructures,...
-
The following summary transactions occurred during the year for Daisy. Cash received from: Collections from customers $389,000 Interest on notes receivable 10,500 Collection of notes receivable...
-
The financial manager of Alexandria Gazette, Inc., a firm specializing in weekly neighborhood newspapers, is considering expansion of production facilities in order to meet increased demand. It has...
-
Tossing two coins and getting either one head or two heads Theoretical Probabilities. For Exercises, use the theoretical method to determine the probability of the given outcome or event. State any...
-
4. Jobe dy -Y 2 et by
-
Using the method of joints, determine the force in each member of the truss shown. State whether each member is in tension or compression. 1.8 kN 124 kN1 2.1 m 15 m
-
Determine the force in each member of the Gambrel roof truss shown. State whether each member is in tension or compression. 6AN 6 KN 6KN 12 m akN 3AN GI H. 4 m
-
Determine the force in each member of the Howe roof truss shown. State whether each member is in tension or compression. 3KN 6m 3IN Sm---Sm
-
if you were put in charge of a plant how would you organize it based on Lean Management Principles and what cultural/employee training changes would you make based on implementing lean management?
-
4 . Given the following data and an interest rate of 1 8 . 2 % Year Amount 0 $ ( 1 6 , 4 4 7 ) 1 $ 5 , 0 0 0 2 $ 7 , 0 0 0 3 $ 4 , 0 0 0 4 $ 1 0 , 0 0 0 a . Find the present value of the cash flows (...
-
I kindly ask to solve the following problem with explanations.
Study smarter with the SolutionInn App