Balance Sheet
Current assets
Cash: 830,000
Acc receivable not given Inventories: 1,280,000
Fixed assets: 3,830,000
TOTAL ASSETS: 7,500,000
Current liabilities
Acc payable not given Long-term debt: 3,000,000
Common stock: 1,050,000
Retained earnings: 2,930,000
TOTAL LIAB and EQUITY: 7,500,000
Income Statement
Sales: 30,000,000
Operating expense: 22,500,000
EBIT: 7,500,000
Interest expense: 420,000
EBT: 7,080,000
Taxes: 2,832,000
Net income: 4,248,000
What is the firm's return on common equity?
Answers: 1
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Identify the three components of a family's culture and provide one example from your own experience
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Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
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Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
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Business, 22.06.2019 14:40
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
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Balance Sheet
Current assets
Cash: 830,000
Acc receivable not given Inven...
Current assets
Cash: 830,000
Acc receivable not given Inven...
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