Question: Can you answer questions 4-6 please QUESTION 4 FastForward has net income of $18.970 and assets at the beginning of the year of $201,000, lts
QUESTION 4 FastForward has net income of $18.970 and assets at the beginning of the year of $201,000, lts assets at the end of the year total $248.000. Compute its retum on assets. 84% 11.8% 13.1% QUESTION 5 On April 1, 2014, a company paid $2.610 premium on a three-year insurance policy with benefits beginning date. wil be the insurance expense on the annual income statement for the year ended December 31, 2014? $2.610.00 $870.00 $1,967.50 G $662.50 $72.50 QUESTION 6 Stnde Rite has total assets of $555 milion Its total liabilities are $175 millon Its equity is $380 milion Calculate the debt ratio 68 47% 14.61% 46 05% 1 poin 1 points 1 points sa
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
