Key Figures Alltech Synergy XT Liabilities + owners' equity........... $11,502 $48,823 Net income................................ 3,127 9,276 Sales......................................... 15,453

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Question:

Key Figures

Alltech

Synergy XT

Liabilities + owners' equity...........

$11,502

$48,823

Net income................................

3,127

9,276

Sales.........................................

15,453

44,612

How much are expenses for each company?

Revenues - Expenses = Net income

Alltech:

SynergyXT:

Is return on assets satisfactory for each company? Assume competitors average an 18 percent return.

What can you conclude about Alltech and Synergy XT from these computations?

Related Book For answer-question

Advanced Financial Accounting

ISBN: 978-0132928939

7th edition

Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay

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Posted Date: Apr 07, 2024 12:54 AM

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Key Figures Alltech Synergy XT Liabilities + owners' equity........... $11,502 $48,823 Net income................................ 3,127 9,276 Sales......................................... 15,453

Question:

Expert Answer:

To calculate the expenses for each company we can use the formula Expenses Revenues Net Income Given ... View the full answer

Advanced Financial Accounting

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