Current Attempt in Progress Wildhorse, Inc., has net income of $11,760,000 on net sales of $367,500,000. The company has total assets of $105,000,000 and stockholders' equity of $50,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin % Total assets turnover times ROA % ROE %
Answers
Using the extended DuPont identity, the return on assets (ROA) for Wildhorse, Inc. is 11.20% and the return on equity (ROE) is 23.52%.
To find the return on assets (ROA) and return on equity (ROE) for Wildhorse, Inc., using the extended DuPont identity, we need to calculate the profit margin, and total assets turnover, and then apply these values to find ROA and ROE.
1. Profit margin: Profit margin = (Net income / Net sales) x 100
Profit margin = ($11,760,000 / $367,500,000) x 100
Profit margin = 3.20%
2. Total assets turnover: Total assets turnover = Net sales / Total assets
Total assets turnover = $367,500,000 / $105,000,000
Total assets turnover = 3.5 times
3. ROA: ROA = Profit margin x Total assets turnover
ROA = 3.20% x 3.5
ROA = 11.20%
4. ROE: ROE = ROA x (Total assets / Stockholders' equity)
ROE = 11.20% x ($105,000,000 / $50,000,000)
ROE = 11.20% x 2.1
ROE = 23.52%.
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Related Questions
Which of the following is not a factor that affects the level of resistance to change? Multiple Choice the gender of the change agent the change agent's ability to empathize with the employee's perspective the change agent's leadership style employee cheracteristics and perceptions of change change agent-employee relationship
Answers
The gender of the change agent is not a factor that affects the level of resistance to change. Therefore, the option A holds true.
The change agent can be referred to or considered as an individual or a group that lead an undertaking of a process to bring about a change within the functions of the society.
Moreover, a change agent also has the responsibility to make accurate decisions regarding further steps, which ease up the process of bringing about the desired changes within the very existence of the society.
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influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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The civil and common law traditions are two distinct legal systems that are currently used by the majority of the developed world. These two traditions share some features but differ in substantial and important ways. Using the facts gathered during your research as supporting material, evaluate the two systems, focusing on both similarities and differences. Convince your reader that the common law tradition is superior to the civil law tradition.
Submit your completed essay.
Answers
Answer:
this is your answer
Explanation:
please mark as brainlist
A government has started a public works program. The program uses tax
money to hire workers to repair roads, build dams, and install power lines.
The government has also reduced the taxes businesses pay for each worker
they employ.
Which macroeconomic goal is this government trying to achieve?
O A. Decreasing per capita GDP
O B. Reducing unemployment
O C. Reducing inflation
O D. Increasing GDP
Answers
Answer:
B. Reducing unemployment
Explanation:
The government, in this case, is using expansionary fiscal policies to create employment. Hiring people to build dams, repair roads, and install power lines leads to an increase in the government's spending in the economy. Consequently, a higher number of people will be working and earning. Increased earnings cause the aggregate demand to rise.
A reduction in business taxes reduces production costs. Businesses will be able to increase production, expand, and hire more workers when the cost of doing business is low.
If a business is owned by many people, it is called a _____ . A. sole proprietorship. B. corporation. C. limited liability company. D. partnership
Answers
Answer:
bbb
Explanation:
When a business is owned by many people, then such a kind of business will be termed as corporation. Hence, Option B is correct.
What is a business?A business is a term which is used to denote the kind of activity that makes a person engaged and so that they can earn money to provide support to their family as well as themselves.
In terms of the monetary sector, with the help of this , they will continue in a smooth and efficient manner. With the help of business, one can earn that much money through which they can move towards master status.
When a person runs a kind of business there, apart from him, many other people will also become owners. It will be referred to as a corporation.
Therefore, Option B is correct.
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One of Netflix's original competitive advantages was its efficiency. The company delivered movies quickly and charged a relatively low cost for the service. Strategically, this is known as _____ excellence.
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One of Netflix's original competitive advantages was its efficiency. The company delivered movies quickly and charged a relatively low cost for the service. Strategically, this is known as operational excellence.
Operational excellence is an approach to business management that emphasizes continuous improvement across all aspects of the business and within all business processes by creating a culture where management and employees are invested in business outcomes and empowered to implement change. When implemented well, every member of an organization sees the flow of value to the customer and, if problems arise, finds a solution before any disruptions occur. Operational excellence begins with a culture shift, where all leaders and employees are dedicated to creating not only a quality product but also providing customer experiences.
Thus Netflix's strategy is is known as operational excellence.
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7. The idea that business demand comes from a demand for consumer goods is referred to as
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five boxes of bananas sell for $30.00. how many boxes can you buy for $9.00?
Answers
Answer:
1 box.
Explanation:
First, find out how much one box costs. To do this, divide 30 by five. This gives us $6. So if each box costs $6, then how many boxes can we buy if we have $9? The answer is one. Two boxes would cost $12, but we only have $9, so we could only buy 1 box and have $3 leftover.
Explanation:
five box=$30
1 box =30 divided by 5 = 6
so 1 and a half = 90 because 1 box =6dollars so 1 and a half will be 90 dollars
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When a private company wants to offer stock on the stock market, they go through the _______ process.
Answers
Answer:
Initial Public Offering
Explanation:
An initial public offering or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also retail investors.
Seema is heading into her junior year of high school and received a large financial gift from her grandmother. She kind of wants to buy some new clothes, but she has a financial goal of saving for her college education, but she also wants to be able to buy a used car to get her to and from campus. What should Seema do with the money she's received?
Answers
Based on the given information Seema should deposit the money into a savings account.
What is savings account?A savings account is an account that allow a person to save while you earn an interest on the saved amount.
Since she has a financial goal of saving for her college education the best choice is for her to open a saving account and deposit the money given to her by her grandmother into the saving account as this will help her to achieve her set goal.
Inconclusion Seema should deposit the money into a savings account.
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The ability to reason well is necessary for modern workers because __________.
a.
Communication with other workers will be difficult
b.
Creativity is not valued in the modern workplace
c.
They will often have to solve problems with limited information
d.
Most problems will be straight-forward and easy to solve
Answers
Answer:
C. Or D.
Explanation:
Most Work problems are easy to solve depending on what is the cause of the situation. If you don't have the nesassary Resourses to solve that problem you must find out a way to work out that problem without what you need sometimes.
Answer: it’s C just took the Ed test
Explanation:
Suppose the United States can produce two goods, cloth and tea. Suppose there was a technological breakthrough in making cloth ONLY. Would the PPF curve shift inward or outward in this case and can we indirectly allocate resources from cloth to tea production along the new PPF curve? Explain. Please draw and the label the initial PPF curve PPF 1 and then please draw the new PPF curve PPF 2. Please draw an arrow to indicate the shift in the PPF curves. Also, put tea on the y-axis and cloth on the x-axis.
Answers
Answer:
PPF will rotate rightward by technological breakthrough in making cloth only
Explanation:
PPF is the graphical representation of two goods, that an economy can produce with given resources & technology.
If there is a technological breakthrough in only one good (cloth here) in economy (US here). The new PPF shift outward (rightwards or upwards) only on the axis representing that particular good (on x or y axis respectively). As cloth is on x axis, the PPF will rotate rightward by technological breakthrough in making cloth only.
Yes, on new rightward rotated PPF also, cloth & tea can be traded off, but at an altered slope & marginal opportunity cost (sacrifise ratio).
A company uses the departmental overhead rate method. Total overhead costs are $6,000,000. Of this total, the machining department is assigned overhead costs of $4,000,000 and the assembly department is allocated the remainder. The machining department uses machine hours as their allocation base and has 80,000 machine hours. The assembly department uses direct labor hours as their allocation base and has 50,000 direct labor hours. Calculate the overhead rate for the assembly department.
A. $40 per direct labor hour
B. $120 per direct labor hour
C. $40 per machine hour
D. $50 per machine hour
Answers
The overhead rate for the assembly department is $40 per direct labor hour. The correct option is A.
To calculate the overhead rate for the assembly department using the departmental overhead rate method, we need to first determine the total overhead cost allocated to the assembly department. Since the machining department has been allocated $4,000,000, the remaining $2,000,000 will be allocated to the assembly department.
Next, we need to determine the allocation base for the assembly department, which is direct labor hours. The assembly department has 50,000 direct labor hours, so we can divide the allocated overhead cost of $2,000,000 by the total direct labor hours of 50,000 to get the overhead rate per direct labor hour.
$2,000,000 / 50,000 direct labor hours = $40 per direct labor hour
Therefore, the answer is A, $40 per direct labor hour. This means that for every hour of direct labor used in the assembly department, $40 of overhead costs will be allocated to that department. This overhead rate can be used to estimate the total overhead costs for a specific job or product by multiplying the number of direct labor hours used in that job or product by the overhead rate per direct labor hour.
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PLEASE ANSWER BOTH OF THE QUESTIONS PLS!!!!!!!!!!!!!!!!!!!!
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One way that technology improves production is by helping manufacturers avoid creating waste by reducing the amount of packaging they use. This is referred to as ______.
Answers
The use of technology to reduce waste by reducing the packaging used by companies is known as Precycling.
What is precycling?Is a method of reducing waste. Works by targeting those things that might cause waste in the first place.Precycling means that instead of waiting for something to become waste, you reduce it before it gets a chance to. This is what reducing packaging does because that could become waste.
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All other things equal, according to the law of demand, when the price of a good falls, ________.
Answers
According to the law of demand, when the price of a good falls, the quantity demanded of that good will increase.
According to the law of demand, when the price of a good falls, the quantity demanded of that good increases. In other words, there is an inverse relationship between the price of a good and the quantity demanded of it.
When the price decreases, consumers are typically willing and able to purchase more of the good, assuming all other factors remain constant.
The law of demand is one of the fundamental principles in economics. It states that there is an inverse relationship between the price of a good and the quantity demanded, assuming all other factors remain constant. When the price decreases, consumers find the good more affordable, leading to an increase in the quantity demanded.
Conversely, if the price rises, the quantity demanded generally decreases as consumers are less willing to purchase the good at a higher cost.
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.Others at work see me as assertive. need answers for application
Answers
Answer:
yes
Explanation:
It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way
Why must countries consider exchange rates when trading with one another?
Answers
The countries consider exchange rates when trading with one another as Exchange rates determine how much currency will be needed to import a certain amount of goods. Thus the correct option is D.
A currency unit of one country can be traded for a currency unit of another country at a certain rate, which is known as the exchange rate. Apart from interest rates and inflation rates, currency exchange rates are a key measure of a nation's economic health.
The output based on the country's production and sales is used to calculate GDP. In order to demonstrate how much money enters and leaves the market, exports are credited to the GDP calculation, while imports are deducted strengthening domestic currency.
Therefore, the option D is appropriate.
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The complete question is probably
Why must countries consider exchange rates when trading with one another?
O A. Exchange rates prevent countries with strong economies from
trading with developing countries.
B. Exchange rates require trading partners to use currencies that
have roughly the same value.
O C. Exchange rates establish specific barriers to trade that must be
addressed before trade can begin.
O D. Exchange rates determine how much currency will be needed to
import a certain amount of goods.
Match the term to the example
Answer Bank:
Goods Marketing
Services Marketing
Mass Marketing
Micromarketing
Business to Business
Macromarketing
For Profit Marketing
Geographic Marketing
Business to Consumer
Nonprofit Marketing
Direct Marketing
Examples:
A company that sells office products to large corporations
Advertising for a diamond ring for Valentine’s Day
Keeping a store franchise in a certain state
Getting donations to help victims of a natural disaster
Identifying customers who want someone to help them plan which investments to purchase
Training car salespeople to identify the right car for different kinds of customers
A grocery store
Billboard advertisements you see along the freeway
Getting people to join an after school extracurricular activity
Studying the effect of advertisements that use photoshop on the self-image of young people
A company that sells furniture
Answers
Answer:
li siento no puesobhsdar las resouestav
After the sale has been completed, what important step still remains for the sales associate to do?
Answers
Answer:
follow up with the customer after an appropriate amount of time
Explanation:
After the sale has been completed a salesperson's duty is not over. The salesperson must always be in direct contact with the customer and follow him or her up for the various means of business or anything else.
What is the role of a salesperson?The role of the salesperson is to closely look into the matters up and close and to understand the nature of the sales. The salesperson is very closely attached to the customer and must also hold a great relationship with the customers for sale.
The most important thing is that being a salesperson a person must always have the roles and responsibilities to understand the means of selling the right product to the customers.
The total process involved from convincing the customer to buy the product to selling the product must always be the responsibility of the salesperson. The role of the salesperson must not end there because the salesperson will also have to understand the various ways and means to understand the notion of nature of whether a customer might be interested in any kind of same business propositions.
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Resources needed to provide goods or services are called
Answers
Answer:
Factors of production
Explanation:
because the goods/services need to be produced
I hope this answered your question! Have a nice day! ^ ^
Answer: factors of production
Explanation:
I just took the edg. test
Schedule Performance Index is the ratio of the amount of work
performed to what was scheduled to be performed. Select one: True
False
Answers
The Schedule Performance Index (SPI) is indeed the ratio of the amount of work performed to what was scheduled to be performed.
Schedule Performance Index (SPI) Calculation?It is a measure used in project management to assess the efficiency of schedule performance.
The SPI is calculated by dividing the earned value (the budgeted cost of work performed) by the planned value (the budgeted cost of work scheduled).
Mathematically, the formula for calculating the SPI is:
SPI = Earned Value (EV) / Planned Value (PV)
An SPI value greater than 1 indicates that the project is ahead of schedule, meaning more work has been accomplished than planned.
An SPI value equal to 1 suggests that the project is on schedule, with the actual work performed aligning with the planned schedule.
Conversely, an SPI value less than 1 indicates that the project is behind schedule, and the work performed is less than what was scheduled.
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The Schedule Performance Index (SPI) is a project management metric used to measure the efficiency of work performed compared to what was originally scheduled. It provides insight into whether a project is ahead of schedule, on schedule, or behind schedule. True
What is the Schedule Performance Index (SPI) and how is it calculated?The SPI is calculated by dividing the earned value (EV), which represents the budgeted cost of work actually performed, by the planned value (PV), which represents the budgeted cost of work scheduled to be performed. Mathematically, the SPI formula is: SPI = EV / PV.
The resulting SPI value indicates the project's schedule performance. If the SPI is greater than 1, it signifies that the project is ahead of schedule, meaning more work has been completed than planned. A value less than 1 indicates that the project is behind schedule, and a value equal to 1 suggests that the project is on schedule.
The SPI is a useful tool for project managers to monitor and assess the timeliness of project activities and make necessary adjustments to ensure project success.
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Knowledge Check - Question 5
-
What's the term for reducing the price of an item in order to encourage sales?
A. Net profit
B. Margin
C. Markup
D. Markdown
Answers
A markdown is a reduction in the price of an item, usually intended to encourage sales.
When a company or retailer wants to increase sales of a particular product, they may choose to lower its price through a markdown. This can be done for a variety of reasons, such as to clear out excess inventory, to compete with other sellers, or to stimulate demand for a slow-selling product.
Markdowns are often temporary and may be part of a larger pricing strategy designed to optimize revenue and profitability. While a markdown can help to increase sales in the short term, it can also reduce profit margins if not carefully managed. Retailers need to balance the need to move inventory with the need to maintain profitability, which can be challenging in a competitive marketplace.
Overall, markdowns are a common tactic used by retailers and companies to drive sales and manage inventory levels. By lowering prices on specific products, they can attract new customers, encourage repeat purchases, and stay competitive in a crowded marketplace.
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Which of the following uses information about customers to create marketing strategies that develop and sustain desirable customer relationships?a. Utilityb. Marketing information systemc. Customer lifetime value (CLV)d. Customer relationship management (CRM)e. Undifferentiated approach
Answers
The option that uses information about customers to create marketing strategies that develop and sustain desirable customer relationships is d. Customer Relationship Management (CRM).
CRM involves collecting and analyzing customer data to understand their needs, preferences, and behaviors. This information is then used to create targeted marketing strategies that aim to build long-lasting relationships with customers.
CRM systems help businesses maintain a comprehensive view of their customers and facilitate communication and interactions with them.
Step-by-step explanation:
1. Collect customer data: CRM systems gather information about customers from various sources such as sales transactions, website visits, social media interactions, and customer feedback.
2. Analyze customer data: This data is analyzed to identify patterns, trends, and preferences that provide insights into customer behavior and needs.
3. Develop targeted marketing strategies: Based on the insights gained from data analysis, businesses create personalized marketing campaigns that cater to the specific needs and preferences of individual customers or customer segments.
4. Implement marketing strategies: The targeted marketing strategies are executed through various channels such as email, social media, or in-person interactions to engage customers and nurture the relationship.
5. Monitor and adjust strategies: Businesses continuously monitor the effectiveness of their marketing strategies and make adjustments as needed to maintain and improve customer relationships.
In summary, Customer Relationship Management (CRM) is the most suitable option among the given choices for using information about customers to create marketing strategies that develop and sustain desirable customer relationships.
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Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answers
Answer:
C or A
Explanation:
I could answer better with more context
Proctored assignments are indicated by Multiple Choice O a shield icon & title of "Proctoring Enabled" O a red cube icon O a magnifying glass icon
Answers
The proctored assignments are indicated by a shield icon & title of proctoring enabled. The Option A is correct.
What is a proctored assignments?Also known as a proctored examination, refers to the type of assignment that your instructor can create that, at minimum, which requires an authorization for you to start or submit your assignment attempt.
It is important we note that a proctored examination is a type of assignment that promotes assignment integrity by increasing the assignment security and through confirming your identity.
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Feb 1 balance 450, 14 sales 1,200, Feb 8 drawings 150, 24 wages 990. Calculate the balance on 28 february. Record the balance to carry down on the side with the smaller total value. Record totals on the debit and credit sides of the account. Complete the double - entry by recording the balance brought down dated 1 March
Answers
Answer:
hi
Explanation: ajsd;lfjas;dfj;lad;leajl;jf;lwjf;welfj;wlejflwejflkwjlfkj;lajlkfjsdlkfjlsdkjf;llsadjfjdf;lklasjflkasdjf;lkajsf;lkjasddfjsdlfkja;lkjflkaskdjdf;ksdjdflksdjfljklkasddfjklsdfjkldsfjdfklsjjdsfakasjl;k
Diego feels he has achieved some measure of respect as a cosmetic surgeon. Now, Diego focuses on being the best he can be. Which need is Diego trying to meet
Answers
Diego is trying to focus and meet his self-actualization needs.
What is Maslow's Hierarchy of Needs?
Abraham Maslow's theory of Hierarchical needs explains that people are driven to meet fundamental wants before moving on to more complex requirements.
His theory emphasizes five hierarchical needs, these are:
Physiological needsSecurity and safety needsSocial NeedsEsteem NeedsSelf Actualization needsTherefore, based on the fact that Diego is concerned about his own personal growth and focusing on his career, we can conclude that Diego is trying to focus and meet his self-actualization needs.
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Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
Answers
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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What is an investment portfolio?
A. A selection of varied accounts
B. A selection of varied instruments
C. A selection of varied applications
D. A selection of varied stocks and bonds
Answers
Answer:
In finance, a portfolio is a collection of investments aka stocks and bonds!