Sigma.com has achieved an average return on equity of 36.5% for the last five years. If Sigma
Question:
Your firm has the following balance sheet statement items. Total liabilities of RM1,005,000, total assets of RM2,655,000, fixed and other assets of RM1,770,000, and long-term debt of RM200,000. What is the amount of the firmos total stockholders equity?
Assume that Camne Inc. has sales of RM20 million and account payable of RM2 million. The corporation utilizes the percent-of-sales method of financial forecasting. If Camne is expected to generate sales of RM24 million next year, what will the firmos forecasted account payable?
CDE started his business with RM500,000 sales five year ago. If his current sales is RM1,300,000, what is rate of growth of CDEOS sales?
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine