Cash-back offer from 10th to 18th November 2023. Get flat 10% cash-back credited to your account for a minimum transaction of $50. Post Your Questions Today!
Return on assets & cost of financing
Q.1.Based on the following information, if managers want to earn a 12%, how much must the company generate?
Non- current assets $ 1,260,000.00
Current assets $ 250,000.00
Profit for the year $ 170,000.00
Cost of debt 12%
Cost of equity 12%
Solution;
Q.2 Based on the following information, if managers want to earn 15% R.O.A, how much profit must the company generate?
Non- current assets $ 1,260,000.00
Current assets $ 250,000.00
Profit for the year $ 170,000.00
Cost of debt 12%
Cost of equity 12%
Solution;
Q.3.With the following information prepare statement of financial information by filling missing information
INCOME STATEMENT
Sales revenue $1,000,000
Cost of sales $700,000
Gross profit $300,000
Distribution cost ...
The benefits of buying study notes from CourseMerits
Assurance Of Timely Delivery
We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.
Best Price In The Market
All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.
Uninterrupted 24/7 Support
Our customer support wing remains online 24x7 to provide you seamless assistance. Also, when you post a query or a request here, you can expect an immediate response from our side.
