What happened to the company's return on assets and equity for the pasy five (5) years?20162017201820192020-15,37915,07012,63010,368285,677263,787257,839263,066270,298.00278,857.00270,469.00273,434.0003,36600140,710131,750129,685122,4570.03Net incomeAverage Total AssetsRETURN ON ASSETSNet Profit after TaxTotal Stockholders' EquityRETURN ON EQUITY10,233279,256289,489.000129,233

The return on investment indicates the return on the amount of investment in assets, It also…

O What happened to the company's return on assets and equity for the pasy five (5) years? 2016 2017 2018 2019 2020 Net income -15,379 15,070 12,630 10,368 Average Total Assets 285,677 263,787 257,839 263,066 RETURN ON ASSETS 270,298.00 278,857.00 270,469.00 273,434.00 Net Profit after Tax 0 3,366 0 0 Total Stockholders' Equity 140,710 131,750 129,685 122,457 RETURN ON EQUITY 0.03 10,233 279,256 289,489.00 0 129,233

O What happened to the company's return on assets and equity for the pasy five (5) years? 2016 2017 2018 2019 2020 Net income -15,379 15,070 12,630 10,368 Average Total Assets 285,677 263,787 257,839 263,066 RETURN ON ASSETS 270,298.00 278,857.00 270,469.00 273,434.00 Net Profit after Tax 0 3,366 0 0 Total Stockholders' Equity 140,710 131,750 129,685 122,457 RETURN ON EQUITY 0.03 10,233 279,256 289,489.00 0 129,233

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

1. The balance sheets at the end of each of the first two years of operations indicate the following:20172016Total current assets$600,000$560,000Total investments60,00040,000Total property, plant, and equipment900,000700,000Total current liabilities125,00080,000Total long-term liabilities350,000250,000Preferred 9% stock, $100 par100,000100,000Common stock, $10 par600,000600,000Paid-in capital in excess of par--common stock60,00060,000Retained earnings325,000210,000Based on the above information, if net income is $130,000 and interest expense is $40,000 for 2017, and the market price is $40, what is the price-earnings ratio on common stock (round to one decimal place)?a. 14.9b. 19.8c. 17.3d. 18.4
Randall Corporation reported the following revenue data:Year Net revenues (in millions)$$$$6,8007,0046,7327,2762016201720182019Use 2016 as the base year. The trend percentage in 2019 is closest toa. 93%.b. 104%.c. 107%.d. 112%
FIND THE ROE ( return on capital )for each year (2013-2018)using the following information Years Revenue ($M) Net Income ($M) 2012 221.8 2.9 2013 473.8 20.2 2014 627.7 36.4 2015 947.8 45.0 2016 1,015.5 50.3 2017 1,046.2 64.9 2018 1,293.2 90.4 Exhibit 2 Years Total Assets ($M) Fixed Assets ($M) Current Assets ($M) Total Equity ($M) Retained Earnings ($M) 2012 430 286 144 293 12.8 2013 956 501 455 558 33.0 2014 922 668 324 620 69.4 2015 1103 796 307 665 114.4 2016 1120 835 285 729 164.7 2017 1294 738 556 805 229.6 2018 2053 703 1350 934 320…
BE4.9 Portman corporation has retained earnings of $675000 at January 1, 2020. net income during 2020 was $1400000 and cash dividends declared and paid during 2020 totaled $75000. prepare a retained earnings statement for the years ended december 31, 2020
Sheridan Company began the year with retained earnings of $106000. During 2025, the company issued $84500 of common stock for cash. The company recorded revenues of $778000, expenses of $675000, and paid dividends of $44000. What was Sheridan's net income for the year 2025?$187500• $103000• $143500• $59000
Information below is related to Jea Maggie Ison’s Company Return on Sale 15%Asset turnover 3 timesDebt ratio 40% What is its Return on Equity? a. 0.7515 b. 0.5985 c. 1.125 d. 3.0015
1.The changes in account balances of ENIGMA Co. during 2020 are as follows: Assets: P133,500 increase Liabilities: P40,500 decrease Ordinary share capital: P90,000 increase Share premium: P9,000 increase. Assuming there are no changes in retained earnings except for net income and a dividend payment of P19,500, how much is the net income (net loss) for 2020?
2017 2020 EBITDA 900 1100 Assume that in 2017 the company was purchased for an 8x multiple, using $2,400 of debt. Assume that in 2020 the company is sold for an 8x multiple, and there was still $2,400 of debt outstanding when the company was sold. What is the equity return?
20. On December 31, 2020, the balance sheet of Legend Corporation shows a total equity of P1,260,000. During 2020, the shareholders’ equity was affected by: Adjustment to retained earnings for the overstatement of 2019 net income P17,500 Cash dividend declared and paid in 2020 10% Net income of 2020 P65,000 The share capital of P1,000,000 remained unchanged during the year. What is the balance of retained earnings on January 1, 2020? Group of answer choices P260,000 P360,000 P312,500 P295,000
(Figures in $ millions) Assets 2021 2022 Liabilities and Shareholders' Equity 2021 2022 Current assets $ 310 $ 420 Current liabilities $ 210 $ 240 Net fixed assets 1,200 1,420 Long-term debt 830 920 Required: a&b. What was shareholders’ equity at the end of 2021 and 2022? c. If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $300 million in fixed assets during 2022, what must have been the depreciation charge on the income statement? e. What was the change in net working capital between 2021 and 2022? f. If Newble issued $200 million of new long-term debt, how much debt must have been paid off during the year
20. RVR Enterprises shows net income of $100,000 for 2022 and retained earnings of $500,000 on its December 31, 2022, statement of financial position. During the year, RVR declared and paid $60,000 in dividends. What was RVR's retained earnings balance at December 31, 2021? a.$540,000 b.$460,000 c.$440,000 d.$400,000
Summer Beach Bar Ltd. reported its financial statements for 2020. Assets: 100 million USD Debt: 50 million USD How much equity does Summer Beach Bar Ltd. have in million USD ? a.50 b.150 c.100 d. o