Question: PLEASE ANSWER LETTER B. (Bi and Bii) a) To answer this question: If the company expects a ROA of 15%, has the company met its

PLEASE ANSWER LETTER B. (Bi and Bii)

a) To answer this question: If the company expects a ROA of 15%, has the company met its

target based on the results above?

Complete the following statement:

The actual return on assets of __10.9%___ is ___less__________ than the expected return of __15____%

b) Explain what the results above indicate about managements performance:

Assume Net Profit Margin was planned to be 13.0% and Total Asset Turnover was planned to be 1.2.

  1. Net Profit Margin:

  1. Total Asset Turnover:

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 Accounting Questions!

Q:

For the member shown bellow determine the values of F1, F2, and F3 as follows: F1 F3 3,000+ (last 3 digits of your student number) [in Newtons], F2 = 500+ (last 3 digits of your student number) [in...

Q:

Calculate the Return on Assets (ROA) for the following company results: 2018 Net Sales $10,525,000 Net Income* 799,250 Average Total Assets 8,150,000 *Assume there are no non-recurring items or...

Q:

please answer QUESTION ONE (a) Ochengo a trading company, currently has negligible cash holdings but expects to make a series of cash payments totaling Sh.152 million over the forthcoming year. These...

Q:

Calculate the Return on Assets (ROA) for the following company results: 2018 Net Sales $8,386,000 Net Income* 924,770 Average Total Assets 6,555,000 *Assume there are no non-recurring items or...

Q:

Calculate the Return on Assets (ROA) for the following company results: 2019 Net Sales $10,358,000 Net Income* 935,000 Average Total Assets 8,376,000 *Assume there are no non-recurring items or...

Q:

Hello, Please see the attached file. I downloaded this file from www.coursehero.com website. There are some indications how to answer to the asked questions, however, I still have difficulties...

Q:

7 8 9 3 4 You are a financial analyst for Greenback, Inc. a manufacturing firm, located in Kansas. Your boss, 5 the CFO of the company has asked you to create some spreadsheets and provide some...

Q:

building your skills case - Please answer all required questions 1-4. Building Your Skills Case [LO6-4, LO6-5, LO6-6 Pittman Company is a small but growing manufacturer of telocommunications...

Q:

---DO NOT ANSWER QUESTION 2. IVE ONLY ATTACHED IT FOR A REFERENCE OF WHAT THE QUESTION ASKED. PLEASE ANSWER QUESTION 3 ONLY! Canaan's Curios Corp. Canaan's Curios Corp. (CCC) is a company located in...

Q:

please tell me the key events, problem statement, situational analysis(SWOT), Porter's five, Alternatives and its Pros and Cons and recommendations. the last picture is a brief template about what I...

Q:

PLEASE HELP ME SOLVE THE FOLLOWING QUESTIONS how much is expected from sales in 2019? how much is expected to be paid in interedt expense in 2019? determine the net income for 2019? how much would be...

Q:

A turbine discharges 200 kg/h of saturated steam at 10.0bar absolute. It is desired to generate steam at 250C and 10.0 bar by mixing the turbine discharge with a second stream of superheated steam of...

Q:

Frank and Wanda Munoz filed their 2017 tax return on Feb 3, 2018, and took the standard deduction: they realized in March 2018 that they should have taken the itemized deduction. can Frank and Wanda...

Q:

The thesis of the year 1 0 0 0 when explorers connected the world and globablization began book

Q:

a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this...