Question: D is definetelly not the correct awnser please help answer the actual correct awnser The financial statements of XYX ltd shows: Net Income =50000, Revenue

D is definetelly not the correct awnser please help answer the actual correct awnser

D is definetelly not the correct awnser please help answer the actual

The financial statements of XYX ltd shows: Net Income =50000, Revenue =300000, Total Assets =900000, Shareholder Equity =150000. Identify the incorrect statement. A. The Profit Margin =1/6=16.67% B. The Total Asset Turnover =1/3=33.33% C. The Leverage Factor =5=500% D. The Return On Equity =1/3=33.33%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Please really need help with my assignment. Thanks CHAPTER 18 Assignment Exercise 18-1: Estimate of Loss You are the practice manager for a four-physician office. You arrive on Monday morning to find...

I have this spreadsheet and project information. I need the very last tab completed. Can you help with that? Can you also confirm that my blanks are correct and if not fix my mistakes? If not please...

Hello, This is my sample mid sem exam I have in two days and I am so lost :( UTS BUSINESS SCHOOL - ACCOUNTING UNIVERSITY OF TECHNOLOGY SYDNEY 22107 ACCOUNTING FOR BUSINESS DECISIONS A AUTUMN SESSION...

Income Statement of an interior design firm, Grand Designs, that makes money by selling hours (fees) and by selling furniture or other items (Sale of Goods). 1) Using the formula for Profit Margin,...

Please help answer just part f. (in red) for this problem. I will be re-working it before I submit, but I need full guidance to better learn the concepts and how you got to them through Excel....

business law For the year ended 30 June 2012, the audit team included a manager, two supervisors, two qualified seniors and three trainees. This audit, which lasted approximately five weeks, was very...

Please help answer these questions within 1 hour. Thank you maximum Score: 100 Marks Part I: Multiple Choices (Answer all the 25 questions and total 50 marks) 1. Which of the following statements is...

the Id is not needed because I already put in all the balances in the balance sheet that are needed I journalized the accounts alrready i need help with #2 onwards Below are the financial statements...

Describe how the genetic content of a bacterium determines the bacterium's activities and behaviours.

Solve the following integrodifferential equation x(0)-1 2+5x +310 xd-4-sin 4t, dt

Calvin, 3 0 Danielle, 2 8 Loan request $ 2 7 0 k 9 0 % of purchase price of $ 3 0 0 k What forms of homeowner s insurance are available? Which forms should the Perkins consider?

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".