Business
Business, 17.04.2020 03:38, rosemary909

Baker Industries’ net income is $24,000, its interest expense is $6,000, and its tax rate is 45%. Its notes payable equals $23,000, long-term debt equals $80,000, and common equity equals $240,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firm’s ROE and ROIC? Round your answers to two decimal places. Do not round intermediate calculations.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 07:40, sistersquad
Myflvs -question 3 multiple choice worth 2 points)(10.04 hc)in panama city in january, high tide was at midnight. the water level at high tide was 9 feet and1 foot at low tide. assuming the next high tide is exactly 12 hours later and that the height of thewater can be modeled by a cosine curve, find an equation for water level in january for panamacity as a function of time (t).of(t) = 4 + 5of(t) = 5 cost + 4o 460) = 5 cos 1+ 4of(0) = 4 cos + 5
Answers: 1
image
Business, 22.06.2019 09:00, Moocow17
Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance
Answers: 2
image
Business, 22.06.2019 09:30, kingtrent81
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.
Answers: 1
image
Business, 22.06.2019 16:20, ashleyprescot05
Stosch company's balance sheet reported assets of $112,000, liabilities of $29,000 and common stock of $26,000 as of december 31, year 1. if retained earnings on the balance sheet as of december 31, year 2, amount to $74,000 and stosch paid a $28,000 dividend during year 2, then the amount of net income for year 2 was which of the following? a)$23,000 b) $35,000 c) $12,000 d)$42,000
Answers: 1
Do you know the correct answer?
Baker Industries’ net income is $24,000, its interest expense is $6,000, and its tax rate is 45%. It...

Questions in other subjects:

Konu
Mathematics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Social Studies, 14.09.2020 17:01
Konu
History, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
Mathematics, 14.09.2020 17:01
Konu
History, 14.09.2020 17:01