Alpha company Income statement for the year ended 31/12/2019 Sales Cost of goods sold Depreciation Administrative...

 

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Alpha company Income statement for the year ended 31/12/2019 Sales Cost of goods sold Depreciation Administrative expense EBIT Interest Expense Profit before tax Taxes Net income $ 945 618 20 210 97 35 62 12 50 Assets Alpha Company Balance sheet as at 31/12/2019 $ Liabilities Cash Accounts receivable Inventory Current assets Non current assets Total Assets Additional Information Closing Balances as at 31/12/2018 Assets $641, Owner's Equity $262, Accounts Receivable $72, Inventory $50 105 76 45 226 Select one: a. used Alpha's assets more effectively than it's major competitor b. used Alpha's assets less effectively than it's major competitor c. used Alpha's assets equally as effectively as it's major competitor d. Cannot be determined 440 666 Short term debt Accounts payable Accruals Current liabilities Long term debt Owners Equity Ord paid up capital Retained earnings The Alpha company operates in the electronics industry. If the management of Alpha, determined that their major competitor achieved a Return on Asset of 10% for the 2019 year, then it could be said that Alpha's management..........select the correct answer from below. $ 9 3 13 22 20 11 66 Alpha company Income statement for the year ended 31/12/2019 Sales Cost of goods sold Depreciation Administrative expense EBIT Interest Expense Profit before tax Taxes Net income $ 945 618 20 210 97 35 62 12 50 Assets Alpha Company Balance sheet as at 31/12/2019 $ Liabilities Cash Accounts receivable Inventory Current assets Non current assets Total Assets Additional Information Closing Balances as at 31/12/2018 Assets $641, Owner's Equity $262, Accounts Receivable $72, Inventory $50 105 76 45 226 Select one: a. used Alpha's assets more effectively than it's major competitor b. used Alpha's assets less effectively than it's major competitor c. used Alpha's assets equally as effectively as it's major competitor d. Cannot be determined 440 666 Short term debt Accounts payable Accruals Current liabilities Long term debt Owners Equity Ord paid up capital Retained earnings The Alpha company operates in the electronics industry. If the management of Alpha, determined that their major competitor achieved a Return on Asset of 10% for the 2019 year, then it could be said that Alpha's management..........select the correct answer from below. $ 9 3 13 22 20 11 66

Answer rating: 100% (QA)

Calculation of return on Assets of Alpha Company for the Year 2019 Return on Assets Net Income ... View the full answer