Y 3 K , Inc., has sales of $ 2 , 0 0 0 , total assets

Fantastic news! We've Found the answer you've been seeking!

Question:

3

,

Inc., has sales of $

2, 000,

total assets of

3, 777,

and a debt

equity ratio of

1.1 .

If its return on equity is

0.2,

what is its net income? Round your answer to the nearest integer.

(

Please don't insert a dollar sign in your answer.

)

Posted Date: May 19, 2024 02:11 AM

See More Questions

The management of a New York area investment firm wants to find out about the investment needs of its existing customers, for which it has an extensively detailed list, as a function of their...
Verify the dimensions, in both the FLT and MLT systems, of the following quantities which appear in table 1.1: (a) Volume, (b) Acceleration, (c) Mass, (d) Moment of inertia, and (e) Work.
What is the probability of drawing 3 tiles that are all consonants? You are about to draw Scrabble tiles from a bag without replacement; the bag contains the letters A, A, C, E, E, E, L, L, N, O, R,...
What are the seven financial statement assertions made by management according to ISA 500?
Topline Surf Boards manufactures a single product. The standard cost of one unit of this product is as follows: Direct materials: 6 feet at $1 per foot . . . . . . . . . . . . . . . . . . . . . . $...
Explain why tips could be viewed as similar to stock options and why the delays and incorrect orders could represent a case of agency costs. If tips are gone forever, how could Donut Shops reduce...
A company manufactures and sells two products with a fixed cost of $36,000. Several data concerning each product is as follows: Deluxe Basic $ 48,00 $72.00 $18.00 $42.00 Selling price Variable costs...
Consider a system with 18 units of Printer, allocated as follows: Process Maximum Current Need Allocation P1 P2 P3 P4 a. b. 12 3 12 7 Answer: 4 2 7 3 Is the system in a Safe State or not? If yes,...
A discussion of the cultural changes that have affected the evolution of child custody in the United States, making sure to explain how specific societal changes influenced legal custodial...
You are to use Binary Trees to do this Program. Write a complete program, using the node representation of Binary Trees (the nodes can be implemented using either an array or dynamic storage, your...
Today is the 1st of July 2022. You have been brought in to manage the expansion of a company's debt portfolio. The A company, operates a number of tunnels and bridges in the city area. They are...
In the context of financial accounting, explore the principles, methodologies, and regulations governing the preparation, presentation, and interpretation of financial statements for external...
16. Tree Row Bank has assets of $150 million, liabilities of $135 million, and equity of $15 million. The asset duration is six years and the duration of the liabilities is four years. Market...
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
Revise cash collections budget (Learning Objective 4) Turn to the original Whitewater Sporting Goods Data Set item 4. Suppose $70 \%$ of sales are cash and $30 \%$ are credit. Revise Whitewater's...
Revise inventory, purchases, and cost of goods sold budget (Learning Objective 4) Refer to the original Whitewater Sporting Goods Data Set item 5. Suppose cost of goods sold averages $75 \%$ of...
Revise cash payments for purchases (Learning Objective 4) Refer to the original Whitewater Sporting Goods Data Set item 5. Suppose Whitewater Sporting Goods pays for $60 \%$ of inventory purchases...

Y 3 K , Inc., has sales of $ 2 , 0 0 0 , total assets

Question:

Expert Answer:

Students also viewed these finance questions