The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
2.      Â
Equity Multiplier and Return on Equity   Isolation Company has a debt– equity ratio of .80. Return on assets is 7.9 percent, and total equity is $480,000. What is the equity multiplier? Return on equity? Net income?
Just Dew It Corporation reports the following balance sheet information for 2011 and 2012. Use this information to work Problems 13 through 17.
Â
|
JUST DEW IT CORPORATION 2011 and 2012 Balance Sheets |
|||||
|
Assets |
 |
 |
Liabilities and Owners’ Equity |
||
|
2011 |
2012 |
 |
2011 |
2012 |
|
|
Current assets Cash Accounts receivable Inventory Total      Net plant and equipment Total assets |
 $  9,279 |
 $ 11,173 |
Current liabilities Accounts payable  Notes payable Total  Long-term debt Owners’ equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners’ equity |
 $ 41,060 |
 $ 43,805 |
|
23,683 |
25,760 |
16,157 |
16,843 |
||
|
42,636 |
46,915 |
$ 57,217 |
$ 60,648 |
||
|
$ 75,598 |
$ 83,848 |
 |
 |
||
|
 |
 |
$ 40,000 |
$ 35,000 |
||
|
 |
 |
 $ 50,000 |
 $ 50,000 |
||
|
 |
 |
200,428 |
236,167 |
||
|
$272,047 |
$297,967 |
$250,428 |
$286,167 |
||
|
$347,645 |
$381,815 |
$347,645 |
$381,815 |
||
Â
Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------