subject
Business, 27.02.2020 22:41 moncera

Last year Gray Corp. had net sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 45.0%. The firm uses only debt and common equity as financing. Based on the DuPont equation, what was the ROE?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
The selling price of houses would be most likely to decrease if there were first a decrease in which of the following? a. new-housing construction. b. mortgage interest rates. c. the unemployment rate. d. construction workers' wages. 2b2t
Answers: 1
question
Business, 21.06.2019 20:20
Avx home entertainment, inc., recently began a “no-hassles” return policy. a sample of 500 customers who recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the rest had no opinion. on the basis of this information, make an inference about customer reaction to the new policy. (round your answers to 1 decimal place.)
Answers: 3
question
Business, 22.06.2019 13:10
bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?
Answers: 2
question
Business, 23.06.2019 05:30
What are some examples of types of investments on the part of manufactures that result in growth? how does this improve a nation's standard of living?
Answers: 3
You know the right answer?
Last year Gray Corp. had net sales of $325,000 and a net income of $19,000, and its year-end assets...
Questions
question
Chemistry, 27.10.2020 19:30
question
Mathematics, 27.10.2020 19:30
question
Mathematics, 27.10.2020 19:30
question
Mathematics, 27.10.2020 19:30
Questions on the website: 13722367