Describe return on assets, profit margin, and asset turnover.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Return on assets equals net income divided by average total assets Return on assets ind...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Question Posted:
Students also viewed these Accounting questions
-
How can the profit margin and asset turnover ratios be used to help explain the return on assets?
-
Describe return on assets (ROA). What are the two major components of the ROA model?
-
Explain the association between the profit margin and asset turnover.
-
QUESTION 2 A non-symmetrical rigid jointed portal frame ABCD is fixed at A and D. It carries a trapezoidal distributed load acts along beam BC as illustrated in Figure Q2. The frame was constructed...
-
The number of peanuts contained in a jar follows the normal distribution with mean and variance 2. Quality control inspections over several periods show that 5 percent of the jars contain less than...
-
During Western blotting, the primary antibody recognizes a. the secondary antibody. b. the protein of interest. c. an mRNA of interest. d. a specific fragment of chromosomal DNA.
-
The manager of Gladstone Ltd is not convinced of the scientific evidence behind climate change, and does not consider it necessary to adopt changes in the companys operations which would decrease its...
-
Tech Works Corp. produces J-Pods, music players that can download thousands of songs. Tech Works forecasts that demand in 2014 will be 48,000 J-Pods. The variable production cost of each J-Pod is $...
-
16. A signal containing multiple frequencies is shown in figure A. It is passed through 2 different filters and then outputs are shown in figure B & C. M (A) S (B) sha (C) (a) B corresponds to low...
-
Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2021, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her...
-
Justin Time is confident that firms amortize all intangible assets . Is he right? If amortized, are intangible assets always amortized over their legal life? Explain.
-
What is an asset impairment? Describe the two-step process for recording impairments. How does recording an impairment loss affect the income statement and the balance sheet?
-
Suppose the Mexican peso (MXN) interest rate and the Indian rupee (INR) interest rate are the same, 5 percent per year. What is the relation between the current equilibrium MXN/INR exchange rate and...
-
H ow are two topoisomers different from each other? How are they the same?
-
Compare the structural features of a double-stranded RNA molecule with those of a DNA double helix.
-
Single-strand binding proteins keep the two parental strands of DNA separated from each other until DNA polymerase has an opportunity to replicate the strands. Suggest how single-strand binding...
-
A tRNA anticodon has the sequence 3GGU5. What amino acid does it carry?
-
As the minor and major grooves wind around a DNA double helix, do they ever intersect each other, or do they always run parallel to each other?
-
What information is contained in a PRESENT state/NEXT state table?
-
In a nonmagnetic medium, E = 50 cos (10 9 t 8x) a y + 40 sin (10 9 t 8x) a z V/m find the dielectric constant r and the corresponding H.
-
An aeration basin is 80 ft long, 20 ft wide, and 12 ft deep. If the flow rate to it is 0.43 MGD at a CBOD concentration of 150 mg/L and the mixed liquor volatile suspended solid (MLVSS) concentration...
-
The financial statements of Zetar plc are presented in Appendix C. The companys complete annual report, including the notes to its financial statements, is available at Instructions (a) Is Zetar...
-
Pryor Inc. needs to upgrade its diagnostic equipment. At the time of purchase, Pryor had expected the equipment to last 8 years. Unfortunately, it was obsolete after only 4 years. Justin Meyer, CFO...
-
In a recent newspaper release, the president of Franklin Company asserted that something has to be done about depreciation. The president said, Depreciation does not come close to accumulating the...
-
Annuity Payments Go to www.fcfcorp.com/onlinecalc.htm. Use the calculator to solve this problem. If you have $1,500,000 when you retire and want to withdraw an equal amount for the next 30 years, how...
-
Calculating Future Values Go to www.dinkytown.net and follow the Savings Calculator link. If you currently have $10,000 and invest this money at 9 percent, how much will you have in 30 years? Assume...
-
In 2023, Amanda and Jaxon Stuart have a daughter who is 1 year old. The Stuarts are full-time students and are both 23 years old. Their only sources of income are gains from stock they held for three...
Study smarter with the SolutionInn App