Business, 05.04.2021 15:10, tyjere

The Income Statement and Balance Sheet can tell you your return on equity: profit divided by equity. Last year you made a profit of $74,261 and the balance sheet shows your ending equity at $2,497,286. What is your return on equity? a) About 3% b) about 4% c) about 6% d) about 9%

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:10, flippinhailey

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Answers: 1

continue

Business, 22.06.2019 15:40, brookekolmetz

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

Answers: 1

continue

Business, 22.06.2019 17:00, kamrulh278

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Answers: 2

continue

Business, 22.06.2019 17:10, alexwlodko

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?

Answers: 1

continue

Do you know the correct answer?

The Income Statement and Balance Sheet can tell you your return on equity: profit divided by equity....