Abenson Appliances has sales of PhP10,000,000, net income of PhP450,000, total assets of PhP4,000,000, and stockholder's...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Abenson Appliances has sales of PhP10,000,000, net income of PhP450,000, total assets of PhP4,000,000, and stockholder's equity of PhP2,000,000. a. What is the net profit margin? b. What is the return on assets? c. What is the return on equity? Abenson Appliances has sales of PhP10,000,000, net income of PhP450,000, total assets of PhP4,000,000, and stockholder's equity of PhP2,000,000. a. What is the net profit margin? b. What is the return on assets? c. What is the return on equity?
Expert Answer:
Answer rating: 100% (QA)
a The net profit margin is calculated by dividing the net income by ... View the full answer
Related Book For
Managerial Economics Foundations of Business Analysis and Strategy
ISBN: 978-0078021718
11th edition
Authors: Christopher Thomas, S. Charles Maurice
Posted Date:
Students also viewed these accounting questions
-
Why is Equation 28.5 not a full description of the relation between voltage and current in a capacitor? Vp (28.5) Xc 1/@C
-
Required: 1) What is the current ratio for ALRawabi Dairy Products in 2099? 2) What is the net working capital for ALRawabi Dairy Products in 2010? 3) What is the inventory turnover for ALRawabi...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
You are the senior auditor in charge of the December 31, 2018, year-end audit for Cleo Patrick Cosmetics Inc. (CPCI). CPCI is a large, privately held Canadian company that was founded in 1999 by one...
-
All things considered, do you think people from diverse cultures are more alike or more different? Explain the reasons for your answer?
-
Show that, for water at 1-atm pressure with \(T_{s}-T_{\text {sat }}=\) \(8^{\circ} \mathrm{C}\), the Jakob number is much less than unity. What is the physical significance of this result? Verify...
-
The account balances for Atlantis Aquatics, Inc., for the year ended December 31, 2010, are presented next in random order: Requirements 1. Prepare Atlantis Aquatics single-step income statement. 2....
-
Refer to the transactions of Circuit Country in P63B. In P63B, at the beginning of June, Circuit Country has a balance in inventory of $3,000. The following transactions occur during the month of...
-
The Chief Financial Officer for Extra Cautious Insurance Company, has engaged your assistance in pulling together the draft financial statement for the calendar year that just ended, and performing...
-
1. Are the four intrinsic characteristics the best ones to base the relationship performance measures for Donnell Truong Ventures? If not, what characteristics would be more suitable? In either case,...
-
Suppose a firm is made up of 58% equity, 7% preferred stock, and the remainder is debt. IF the cost to raise debt for this firm is 4%, the cost to raise preferred stock is 5%, and the cost to raise...
-
At the beginning of the year, Sheffield Inc. is considering whether to repair and retain an existing machine, or to replace it with a new machine. The following information is available to analyze...
-
Providence Corporation produces a single product and has the following cost structure: Number of units produced each year Variable costs per unit: Direct materials Direct labor Variable manufacturing...
-
Raul and Blanca are partners, Raut has a capital balance of $51,000 and Bianca has a capital balance of $33.000. Blanca sells half of her ownership-interest to Bal for $16.500 Record the journal...
-
Assignment Sheet: Multiple Perspectives Essay Length Requirement: 4-5 pages of content Format: MLA You have explored one source in depth and now you will turn to incorporating multiple perspectives...
-
Oasis Beds and Futons runs a small shop in downtown Knoxville. They currently have 4 8 , 2 9 9 in current assets, 1 8 , 9 4 9 in accounts receivable, 5 7 , 5 3 6 in fixed assets, 1 8 , 4 2 3 in...
-
Summary Build a semi-standard system using the Thymeleaf template engine! MASSIVE firepower here, and you NEED to make this run! If you've fallen behind in the exercises, there is literally no other...
-
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
-
Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of unleaded gasoline. They estimated that in mass production the car would...
-
Although there is relatively little difference in the cost of producing hardcover and paperback books, these books sell for very different prices. Explain this pricing behavior.
-
BusinessWeek recently declared, We have entered the Age of the Internet, and observed that when markets for goods or services gain access to the Internet, more consumers and more businesses...
-
The suspension system of a car traveling on a bumpy road has a stiffness of \(k=5 \times 10^{6} \mathrm{~N} / \mathrm{m}\) and the effective mass of the car on the suspension is \(m=750...
-
The history of statistical hypothesis testing really began with a tea-tasting experiment (Fisher, 1935), so it seems fitting for this book to end with one. (This is also a fitting ending because...
-
In Laplace domain, \(\lim _{s ightarrow 0}[s X(s)]\) gives the: a. initial value b. transient value c. steady-state value
Study smarter with the SolutionInn App