Company included the following items in its financial statements for ​, the current year​ (amounts in​ millions): Payment of long-term debt $17,075 Dividends paid $205
Proceeds from issuance of common 8,415 Net sales:
Total liabilities: Current year 80,000
Current year-end 32,311 Preceding year 67,000
Preceding year-end 38,029 Net income:
Total stockholders' equity: Current year 2,379
Current year-end 23,475 Preceding year 2,007
Preceding year-end 14,045 Operating income:
Borrowings 6,590 Current year 4,878
Preceding year 3,998

Required:
a. Use DuPont Analysis to compute York's return on assets and return on common equity during 2016 (the current year). York has no preferred stock outstanding.
b. Do the company's rates of return look strong or weak? Give your reason.
c. What additional information do you need to make the decision in requirement b?

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will

Which of these is not a result of regular exercise