A company has sales of $640,000, net profit after taxes of $23,000, a total asset turnover of 4.17 and an equity multiplier of 1.67. what is the return on equity?

Answers

Answer 1

The return on equity of the company is 25.03%

What is return on equity using Dupont analysis?

The return on equity is the rate of return earned by shareholders on their equity, which is traditionally determined as net income divided by shareholders equity, however, when additional details such as the assets turnover and the equity multiplier are provided, the return on equity is determined using the Dupont three-way formula shown below:

return on equity=net profit margin*assets turnover*equity multiplier

net profit margin=net profit after taxes/sales=$23,000/$640,000

net profit margin=3.59375%

assets turnover=4.17

equity multiplier=1.67

return on equity=3.59375%*4.17*1.67

return on equity=25.03%

Find out more about return on equity on:brainly.com/question/28202983

#SPJ1


Related Questions

Which of these would be considered a call to action in advertising?

Answers

correct answer is, “Come by today”.

1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?

Answers

The factors that you have to think about would before giving out the loan would be the following:

The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.

What is a loan?

This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.

To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.

Also you have to check the character of the person that you are to loan the money to.

Read more on loans here: https://brainly.com/question/26913200

#SPJ1

.Allocating the right type of room to the right guest at the right price is the job of
A) the concierge
B) the sales department
C) the point of sale system
D) the revenue management system

Answers

Allocating the right type of room to the right guest at the right price is the job of D) the revenue management system.

Revenue management is the practice of optimizing pricing and availability to maximize revenue. In the hospitality industry, revenue management is used to determine the right price for each type of room or service based on factors such as demand, seasonality, and the customer's willingness to pay.

A revenue management system uses data analysis and forecasting techniques to determine the optimal pricing strategy for each room type, taking into account factors such as occupancy rates, competition, and customer segmentation. By using a revenue management system, hotels can increase their revenue and profitability by selling the right room to the right customer at the right time and price.

While the concierge and sales department may assist in room allocation and pricing decisions, it is ultimately the revenue management system that is responsible for optimizing revenue and profitability for the hotel.

Learn more about management here:

https://brainly.com/question/29023210

#SPJ11

Some people are concerned that privacy is increasingly rare in our hyperconnected world as our online prescence leave a lasting footprint. To what degree do you fear htat disclosing personal matters online will hamper your job search? Why?

Answers

One must exercise extreme caution while utilizing these social media platforms to prevent obstacles in the job search process and humiliating circumstances.

What is the reason behind that personal matters online will hamper your job search?

Technology development in the modern world has improved communication by making it simpler, quicker, and more efficient. It has made it possible for those who are located in the most remote parts of the planet to connect with only a few clicks. Information may be sent quickly and efficiently. But, anything that evolves and advances has advantages and disadvantages. Similar to this, social networking and technological growth also have drawbacks. We are all linked these days through various social networks or other services, which has an impact on our job hunt. Our constant online activity might occasionally cause us to unintentionally or purposefully reveal information that could harm our reputation.Job providers occasionally utilize social networks to examine a potential employee's or an employee's current employment history.

Employees occasionally post sensitive information about their employers on social networking sites, which results in their firing and eventually hinders their ability to find new employment. These social media platforms could reveal a prior occurrence about a person that he does not wish to divulge.

Companies may connect with former coworkers of a candidate they wish to recruit through these social networks to learn more about their behavior and behavioral patterns.

To know more about social media refer to:

https://brainly.com/question/12453081

#SPJ1

Which of the following describes what a business partnership agreement typically includes?

A. Profit sharing and the addition or removal of partners
B. What the organizations consider appropriate use of e-mail, telephones, Internet access, etc.
C. Clear statements on how to dispose of important company information
D. The responsibilities of each partner when modifications are made to the IT infrastructure

Answers

A. Profit sharing and the addition or removal of partners. A  business partnership agreement typically includes provisions related to profit sharing and the addition or removal of partners.

This agreement outlines the terms and conditions governing the partnership and serves as a legally binding contract between the partners. Profit sharing is a crucial aspect of a partnership agreement as it defines how the profits and losses of the business will be distributed among the partners. It specifies the percentage or ratio of profits each partner is entitled to receive and outlines any additional conditions or factors that may affect the distribution. The addition or removal of partners is another important component of a partnership agreement. It outlines the procedures and requirements for admitting new partners into the partnership, such as the consent of existing partners and the capital contributions required.

learn more about partners here :

https://brainly.com/question/32308662

#SPJ11

A tenant still has five months remaining on a one-year apartment lease. When the tenant moves to another city, the tenant transfers possession of the apartment to a friend for the entire remaining term of the lease. The friend pays rent directly to the tenant. In this situation, the tenant has become A) a lessor. B) a sublessor. C) a sublessee. D) an assignor.

Answers

Answer:

It would be B a sublessor

Land labor capital on strawberries

Answers

Land: The farm where they would be planted
Capital: The money that would be put into the strawberry and used to pay the workers
Labor: Workers that would Lantana and harvest the strawberries

In a(n) ________ marketing system, leadership over production and distribution is assumed through the size and power of one (or a few) dominant channel member(s).

Answers

Considering the marketing strategy, in an administered vertical marketing system, leadership over production and distribution is assumed through the size and power of one (or a few) dominant channel member(s).

What is Administered Vertical Marketing System?

In an administered vertical marketing system, instead of the standard contractual arrangement or usual ownership, the rate at which commodities move from the producers to the consumers are determined by the few powerful members of the channel system.

Aside from the administered vertical marketing, there are other types of vertical marketing, which include:

Corporate system and Contractual system.

Hence, in this case, it is concluded that the correct answer is "Administered Vertical Marketing System."

Learn more about Marketing System here: https://brainly.com/question/4203179

In terms of SUPPLY, what factors have contributed to the fall in oil prices?

Answers

Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.

Critically discuss FIVE (5) reasons why customer loyalty is an
important driver of profitability for service firms?

Answers

Five reasons why customer loyality is an important driver for service firms are Customer retention, Word of mouth marketing , Cross-selling and up-selling , Cost savings , Competitive advantage.

1. Customer retention - loyal customers are more likely to return to a service provider and less likely to switch to a competitor, resulting in repeat business. This reduces marketing costs and increases sales.

2. Word of mouth marketing - Loyal customers are more likely to recommend the service provider to others, leading to new business and revenue streams.

3. Cross-selling and up-selling - Service providers can offer additional services to loyal customers who are more likely to buy, increasing revenue and profitability.

4. Cost savings - Loyal customers require less marketing and sales efforts, and are less costly to acquire compared to new customers.

5. Competitive advantage - Customer loyalty can differentiate a service provider from competitors, making it more attractive to potential customers and increasing market share.

To know more about Loyal customers click on below link:

https://brainly.com/question/31136251#

#SPJ11

In trading account freight belongs to which side debit or credit?

Answers

Answer:

Explanation:

In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation

Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.

Increase  in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.

When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.

Answers

The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.

A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.

It do occur when government give that control to a firm on essential service such as water treatment.

Therefore, option B is correct.

Learn more at;

https://brainly.com/question/9319180?referrer=searchResults

Answer:

B. a natural monopoly.

Explanation:

What subjects are required to become a real estate agent?

Answers

Answer:

this is ans:

Explanation:

Before you can take the real estate license exam, you will take classes in subjects like real estate fundamentals, real estate law, and mortgage financing. You can take these courses at a community college, state college, or university to earn a certificate, an associate degree, or a bachelor's degree in real estate.

Which pieces of equipment are used in the distillation setup utilized in the procedure (check all that apply).

Answers

Distillation is a separation technique used to purify a mixture of two or more liquids with different boiling points.

In order to accomplish this, the mixture is heated until the liquid with the lower boiling point vaporizes, then the vapors are condensed back into a liquid state and collected separately. The equipment used in the distillation setup includes:

Flask: This is the container in which the mixture to be distilled is placed. Heating mantle: This equipment is used to heat the mixture in the flask. Thermometer: A thermometer is used to measure the temperature of the mixture during the distillation process.Condenser: This equipment is used to cool the vapors from the mixture and condense them back into a liquid state. Receiver: The receiver is the container in which the condensed liquid is collected. Distillation column: A distillation column is used in some setups to increase the separation efficiency. It is a tall, vertical cylinder with a series of trays or plates that allow for more separation of the liquids.

Overall, the main pieces of equipment used in a distillation setup are the flask, heating mantle, thermometer, condenser, and receiver. A distillation column may also be used to improve separation efficiency.

Learn more about distillation:

brainly.com/question/29037176

#SPJ11

______ If an employer enforces an English-only policy in all areas of the workplace and at all times, including break times and other free time, the:A) employer’s policy is presumptively discriminatory according to the Equal Employment Opportunity Commission (EEOC).B) employer is much safer from a charge of national origin discrimination than an employer who only enforces the policy in certain areas and at certain times.C) employer impermissibly violates Title VII of the Civil Rights Act, which protects the ability of workers to express their cultural heritage at the workplace.D) employer’s policy is not unlawful because all individuals, irrespective of their national origin, are required to speak English in the United States.

Answers

Answer:

A) employer’s policy is presumptively discriminatory according to the Equal Employment Opportunity Commission (EEOC).

Explanation:

The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.

Equal Employment Opportunity Commission (EEOC) guidelines asserts that employers of labor wouldn't be held liable for national origin discrimination after implementing an "English-only" rule, if the employer can show that it is necessary for the following;

I. To communicate with customers who can speak English only.

II. To efficiently promote cooperative work assignments among teams (employees).

III. To enhance or facilitate safety during an emergency.

Hence, if an employer enforces an English-only policy in all areas of the workplace and at all times, including break times and other free time, the employer’s policy is presumptively discriminatory according to the Equal Employment Opportunity Commission (EEOC).

the revolution in management that is currently under way suggests that the most effective managers of the future will

Answers

The current management revolution suggests that the most effective future managers will need to "be skilled communicators and team players."

This is because, unlike in the past, when employees tend to follow the manager's instructions to the letter without questions, many employees today tend to speak back or ask more questions.

Also, coupled with the fact that many today's employees prefer working without strict supervision, the tendency for conflicts to occur increases, and the need for motivation becomes significant.

Hence, in this case, it is concluded that future managers would need to be good communicators and team players, not just among the executives but also among the lower employees.

Learn more here: https://brainly.com/question/24341712

If the United States falls into a recession, which action would the Federal Reserve take to encourage employment?

A. Buy government securities.

B. Increase reserve requirements.

C. Raise federal funds and prime rates.

D. Sell government securities.

Answers

Answer:

A; buy government securities

Ami cut 6 and three-fourths inches off a long roll of paper. If the roll is now 36 and one-third inches long, how long was the original roll of paper? Write an equation and solve it to find the answer. 29 and StartFraction 7 Over 12 EndFraction inches 30 and StartFraction 7 Over 12 EndFraction inches 42 and StartFraction 1 Over 12 EndFraction inches 43 and StartFraction 1 Over 12 EndFraction inches

Answers

Answer: 43 1/12 inches

Explanation:

Since Amy Ami cut 6 3/4 inches off a long roll of paper and the roll is now 36 1/3, the length of the original roll of paper will be:

= 6 3/4 + 36 1/3

Note that the LCM of 4 and 3 is 12.

= 6 3/4 + 36 1/3

= 6 9/12 + 36 4/12

= 42 13/12

= 43 1/12 inches

Attribute inspection measures
A.
whether or not the product attributes conform to the​ inspector's personal tastes.
B.
if cause and effect are present.
C.
if the product is good or bad.
D.
such dimensions as​ weight, speed,​ size, or strength to see if an item falls within an acceptable range.

Answers

Attribute inspection measures if the product is good or bad (option C)

What is inspection measures?

The method or inspection by Attributes consists of examining a unit of product or characteristic and classifying it as good or defective. The action to be taken after this is decided by counting the number of defectives found.

The objective of the acceptance inspection is to decide whether or not a batch of product should be accepted, having established in advance the characteristics that define the Sampling Plan (acceptable quality level, limit quality and producer/producer risks/consumer).

For more inspection measures here https://brainly.com/question/10185359

#SPJ4

What is the gig economy?

Answers

Answer:

A flexible market that allows u to work short term independent jobs

Explanation:

I’m doing the question right now

this is the premium added as a compensation for the risk that an investor will not get paid in full.Component =____?
Symbol = ____?

Answers

The premium for liquidity risk, or the possibility that an investment won't get full payment, is added. Component: default risk premium Sign: DRP

What is a premium for liquidity risk?

The increased return that investors anticipate for non-easily traded instruments is known as the "liquidity premium." As a result, it is difficult to sell it for a fair price in the financial market and turn the proceeds into cash. Liquidity premium and illiquidity premium are phrases that can be used interchangeably because they both refer to the same thing.

Hence, if a potential investor is considering a long-term investment, they are eligible to get an additional premium. The most popular and frequently studied investment strategy among investors is the yield curve.

Many forms of bonds, including municipal bonds, corporate bonds, and bonds (corporate bonds) with various credit ratings, such as BB Rated Corporate Bonds or AAA Corporate Bonds, can have these yield curves constructed and displayed.

Learn more about liquidity risk premiums with the help of the given link:

brainly.com/question/14827805

#SPJ1

2- A job has four men available for work on four separate jobs. Only one man can work on any one job. The cost of assigning each man to each job is given in the following table. The objective is to assign men to jobs such that the total cost of assignment is the least. Compute for the optimum assignment cost using the assignment method.

Answers

MenJobs1234A0(2)0520104B80230(1)160C90(1)550(2)50D(3)0220180We can now assign each person to a job, as follows:A to Job 2B to Job 3C to Job 1D to Job 4The total minimum cost of this assignment is:0 + 160 + 90 + 220 = 470.Hence, the optimum assignment cost is 470.

To calculate the optimum assignment cost using the assignment method, let us arrange the assignment cost matrix in ascending order.Assignment cost matrix:MenJobs1234A20520104B80230160C90550250D50220180The optimal assignment cost will be determined using the Hungarian method.Here are the steps for solving the problem using the Hungarian method:

Step 1: Subtract the minimum value of each row from the corresponding row.

Step 2: Subtract the minimum value of each column from the corresponding column.

Step 3: Assign the maximum number of zeros to the rows and columns. If all rows and columns have the same number of zeros, select any one of them.

Step 4: If the number of assignments is less than the number of rows (or columns), add an assignment to any of the remaining zero rows (or columns).

Step 5: Draw a minimum number of horizontal or vertical lines that will cover all zeros in the matrix.

Step 6: Determine the smallest entry that is not covered by a line. Subtract this entry from each uncovered row and add it to each covered column. Return to Step 4.Following the Hungarian method, we get the following solution:MenJobs1234A0(2)0520104B80230(1)160C90(1)550(2)50D(3)0220180We can now assign each person to a job, as follows:A to Job 2B to Job 3C to Job 1D to Job 4The total minimum cost of this assignment is:0 + 160 + 90 + 220 = 470.Hence, the optimum assignment cost is 470.

Learn more about Hungarian method here,which of the following is/are required for the hungarian method? multiple select question. costs of every combination kn...

https://brainly.com/question/30324103

#SPJ11

Indicate whether the following events would cause an​ "increase or a decrease in demandLOADING...​" or an​ "increase or a decrease in the quantity demanded​" for​ cable-based Internet access​ service, which is a normal good. a. Firms providing wireless​ (an alternative to​ cable) Internet access services reduce their prices. This will cause​ a(n) A. increase in demand. B. increase in quantity demanded. C. decrease in demand.

Answers

Answer:

A. increase in demand.

Explanation:

In this specific scenario, a reduction in the prices of these services would cause an increase in demand. This is because the prices will become very competitive to those already in the market, which will ultimately entice customers to want the service as they will be saving a large percentage of money and still acquire the internet services that they require.

If a stock you buy is $50 per share and pays $2 per year in total dividends;
what is the dividend yield of the stock?*

Answers

Answer:

4%

Explanation:

Dividend yield shows the dividends paid out annually as a percentage of the share market price.

The formula for calculating dividend yield is the annual dividend per share/market value per share.

Dividend yield = dividend/ market share price x 100

Dividend yield = 2/50 x 100

Dividend yield = 0.04 x 100

Dividend yield = 4%

Energy Drink, Inc. has decided to launch a new energy drink that will have the fewest calories among its competitors. To understand the market potential for the new drink and the demographics and attitudes of consumers who are likely to buy the product, Energy Drink, Inc should most likely use which of the following marketing research options?
a. archival research.
b. causal research.
c. descriptive research.
d. exploratory research.

Answers

Answer:

d. exploratory research.

Explanation:

Exploratory work is undertaken to reach out the details that have not been examined in depth in the history about the issue. It is widely used in marketing to assess the product's market value to determine the age, disposition as well as other characteristics of the likely customers.

Therefore the correct option is d as it represents the exploratory research.

1) Monetary policy affects employment
a) Only in the long run
b) Only in the short run
c) In both the long run and the short run
d) In neither the long run nor the short run

Answers

Monetary policy affects employment In both the long run and the short run.(C)

Monetary policy influences employment through changes in interest rates, money supply, and overall economic activity. In the short run, lowering interest rates or increasing money supply can boost demand, leading to higher employment.

In the long run, sustainable employment growth depends on stable inflation and economic growth, which can be achieved through sound monetary policy. However, other factors, such as technology and education, also affect long-run employment levels.(C)

To know more about Monetary policy click on below link:

https://brainly.com/question/28199887#

#SPJ11

the launch of a team to prepare the newspaper to go 100 percent online is what kind of initiative?

Answers

The launch of a team to prepare the newspaper to go 100 percent online is an example of a strategic initiative.

A strategic initiative is a planned action aimed at achieving a long-term goal or objective. It is usually a complex and significant undertaking that requires careful planning, resource allocation, and effort to implement successfully. In the given scenario, the launch of a team to prepare the newspaper to go 100 percent online is a strategic initiative aimed at achieving the long-term goal of transitioning the newspaper from print to digital.

To execute this initiative successfully, the team would need to develop a detailed plan outlining the steps required to make the transition, identify the resources required, and allocate the necessary budget to support the initiative. They would also need to coordinate with various stakeholders, such as journalists, editors, designers, and IT professionals, to ensure that the transition is smooth and seamless. Overall, this initiative requires a strategic mindset and the ability to think long-term to achieve the desired outcome.

To learn more about strategic initiative click here: brainly.com/question/27897860

#SPJ11

if you were asked to choose a profession between an agricultural expert and a veterinary doctor which one will you choose give your opinion to support your choice.

Answers

Answer:

I would choose veterinary doctor

Explanation:

I'm very good with animals, and I'd get to help an animal owner before the animals problem gets too big and can't be fixed so the owner can have a happy and healthy animal.

Asking a candidate during an interview to indicate how they have responded in the past to an irate customer is an example of which assessment method?

Answers

Asking a candidate during an interview to indicate how they have responded in the past to an irate customer is an example of a situational interview.

We regret to inform you that (organization) is not considering your application for this position. Your qualifications are excellent, but the selection process is very competitive and we have decided to hire candidates whose qualifications better suit our needs at this time.

Because structured interviews are more efficient than semi-structured and structured interviews in predicting job performance. Meta-analysis studies show that structured interviews are up to twice as effective at predicting job performance as situational interviews.

Learn more about the situational interview at

https://brainly.com/question/22716200

#SPJ4

A small percentage of adult Americans are underweight. Check all of the healthy strategies an underweight individual can use to gain weight and muscle mass safely. (Check all that apply.)
A: Increase consumption of calorie-dense foods that are sources of healthy fats
B: Replace soft drinks with 100% juices or smoothies made with peanut butter and low-fat ice cream
C: Follow a regularly scheduled snack and meal schedule
D: Increase consumption foods that are high in saturated fats

Answers

Option A: Increase consumption of calorie-dense foods that are sources of healthy fats and option B: Replace soft drinks with 100% juices or smoothies made with peanut butter and low-fat ice cream.

What is a "underweight" condition?

You are regarded to be underweight if your BMI is much less than 18.5. Your BMI is considered normal or healthy if it is between 18.5 and 24.9. You are considered overweight if your BMI is between 25.0 and 29.9. The obese range is defined as a BMI of 30.0 or greater.

Is being underweight a dangerous condition?

Unhealthy disorders like starvation, osteoporosis, weakened muscles, hypothermia, and impaired immunity may be more likely to develop in underweight people. Your chance of dying sooner is higher. Compared to women who have a healthy weight, underweight women have a lower likelihood of getting pregnant.

To know more about underweight visit:

https://brainly.com/question/13106275

#SPJ4

Other Questions
Let f(x)=7x+4 and g(x)=4x5. Find (f+g)(x),(fg)(x),(fg)(x), and ( gf )(x). Give the domain of each. (f+g)(x)= (Simplify your answer. ) (fg)(x)= (Simplify your answer ) (fg)(x)= (Simplify your answer.) ( gf )(x)= (Simplify your answer.) The domain of f+g is (Type your answer in interval notation.) Read lines 112-126 on page 80.Which event in the story is told in a flashback in lines 112-126?Select one:a.Balboa's confrontation with a jaguarb.Balboa's discovery of the South Seac.Balboa's trial for treason in Spaind.Balboa's voyage to the New World If you ..........me the letter , I .........it for you. 5. Let F: V W and G: W U be isomorphisms of vector spaces over K. Show that GF: VU is an isomorphism. a recipe for chocolate chip cookies calls for 1 1/4 cups of flour. if you are making 2 1/3 recipes, how many cups of flour are needed? (iii) if a curve with a radius of 95 m is properly banked for a car traveling 65 km/h, what must be the coefficient of static friction for a car not to skid when traveling at 95 km/h? b) The following patterns are made using small squares.Pattern 1Pattern 2Pattern 3Write an expression for the number of small squares in pattern n.Write your answer in the form (n + a)? + b or an? + bn + C where a, b and care integers. Tarik ate 2/5 of the cookies on a plate. His little sister ate 1/6 of the cookies. What total fraction of the cookies did they eat. Writeyour answer as a simplified fraction Are the following two functions inverses of one another ?F(x)=5x+2G(x) = x-2/5 A 0.20-f capacitor is connected to a 300-v battery. What potential energy is stored in the capacitor? What operator would you use to list all the staff details of staff with the position of Manager? Select one: Selection, \( \sigma \) Projection, \( \square \) Selection \( (\sigma) \), then a Projecti Which of the following are solutions to the equation y = 3x2 + 16x- 12? Question 1Consider the demand function:Q = -3p2 + 2p + 1970=where q = quantity, p = price1a) Find Total Revenue as a function of p.(Hint: Do not attempt to find Total Revenue as a function of q, as to do sorequires use of the inverse demand function which is difficult to find in this case. Express the area of the entire rectangle.Your answer should be a polynomial in standard form. Simplify:Please see the attachment. Fill in the table using this function rule. y = 5x=+1 How did feel Einstine's teachers about him? a.they wanted a job to help himb. they thought he was lazyc.they thought he was persisent Qu son los herbicidas? Hey do any of you guys know the answer to this question? Im struggling with it and still dont know the answer plz help me! Thanks! Christopher Columbus sailed westward looking for a route to Asia. What does his expedition reveal about Europeans knowledge of the world at that time?