You are thinking of investing in Wave Runnerz, Inc. You have only the following information on the firm at year-end 2013: net income = $10 million, total debt = $65 million, and debt ratio = 35 percent. What is Wave Runnerz's ROE for 2018?
A. 28.57 percent
B. 43.96 percent
C. 8.28 percent
D. 15.38 percent
Answer: C
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Evaluated receipt settlement (ERS) is a process by which an organization pays for a purchase on the basis of the goods receipt
Indicate whether the statement is true or false
The store shelf and point-of-purchase display represent the last chance for the manufacturer to reach the consumer before a purchase is made
Indicate whether the statement is true or false
Diversity Enlargement refers to:
a. Recognizing the potential difficulties introduced by bringing together individuals from diverse backgrounds and cultures in the workplace. b. Increasing the representation of individuals of different ethnic and cultural background in the organization. c. Identifying obstacles that limit the progress of employees from diverse backgrounds and that block collaboration among groups in the organization. d. A comprehensive framework for HR diversity management, focused on diversity management “as a means for achieving organizational ends, not as an end itself.”
Oscar, Inc, a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base
Estimated overhead costs for the year are $5,000,000. Estimated machine hours are 40,000. During the year, the actual machine hours used were 45,000. Calculate the predetermined overhead allocation rate. (Round your answer to the nearest dollar.) A) $111 B) $91 C) $125 D) $63