finance chapter 1

From Business, Finance
Due on 29 May, 2020 11:18:00
Asked On 25 May, 2020 10:24:31
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Onemusic
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hi I have the answers I just need to learn the steps on how I got those answers thanks

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Submitted On 31 May, 2020 05:41:28

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Oshom123
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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 ...

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