subject
Business, 26.02.2020 05:57 velaskawallv

Bethesda Mining Company reports the following balance sheet information for 2015 and 2016.
BETHESDA MINING COMPANY
Balance Sheets as of December 31, 2015 and 2016

2015 2016 2015 2016 Assets Liabilities and-
Owners’ Equity
Current assets Current liabilities
Cash $47,858 $60,783 Accounts payable $190,422 $198,111 Accounts receivable 61,781 82,139 Notes payable 85,520 137,088
Inventory 124,912 190,747 Total $275,942 $335,199
Total $234,551 $333,669 Long-term debt $238,000 $174,750
Owners’ equity
Common stock &-
paid-in surplus $217,000 $217,000 Fixed assets Accumulated
retained earnings 161,656 196,348
Net plant- $658,047 $589,628 Total $378,656 $413,348
and equipment
Total assets $ 892,598 $ 923,297 Total liabilities- $892,598 $923,297
and owners’ equity

Suppose that the Bethesda Mining Company had sales of $2,246,873 and net income of $100,381 for the year ending December 31, 2016.
Calculate ROE using the DuPont identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16. Enter the profit margin and return on equity as a percent.)

ansver
Answers: 3

Another question on Business

question
Business, 20.06.2019 18:04
Heating & cooling installs and services commercial heating and cooling systems. elklandelkland uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, elklandelkland estimated that its overhead for the coming year would be $ 61 comma 500$61,500. it also anticipated using 4 comma 1004,100 direct labor hours for the year.
Answers: 1
question
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
Answers: 1
question
Business, 23.06.2019 06:00
Part three of three how are exchange rates determined in a flexible exchange rate system? us dollar compared to the pound inflation and deflation us dollar compared to the euro supply and demand read the statement. country a is running a trade deficit. what must country a do to reverse this trend? it must hire more workers to increase products for export. it must continue the course it is currently following. it must print more money so people will spend more. it must increase trade exports with other countries. what are consequences of a weak dollar? (select all that apply.) increase in the cost of exports unemployment in import industries increase in the cost of imports unemployment in export industries which is an example of regional cooperation to promote economic growth? neighboring countries negotiate tariffs and duties regarding trade. neighboring countries sign a pact to limit immigration into their countries. neighboring countries remain separate but work together to promote peace. neighboring countries set up quotas on resources that can be sold. why would wealthy nations have an interest in the development of poor nations? (select all that apply.) it opens up new markets for goods and services. it leads to migration between the countries. they want to improve tariff revenues with imports. they feel an ethical or moral obligation to do so. how can the world bank developing nations economically? it can work to remove serious health problems so resources can shift to economic growth. it can provide loans to developing countries to build new infrastructures. it can protect and negotiate free trade deals between neighboring nations. it can sell medical drugs and other treatments to clinics at a very low cost, saving the patients money. which is a characteristic of the takeoff stage of rostow's five stages of economic growth? the population as a whole has its basic needs met and enjoys a high standard of living focused on consumer goods. advancements in technology require a skilled labor force competent in electronics, medicine, and engineering. a country begins to grow rapidly and new industries start to emerge that drive further economic development. the labor of a country is unskilled and focuses on agricultural production, animal husbandry, and the harvesting of timber. how can a developing nation improve its economy if it lacks natural resources? it can default on loans owed to foreign banks. it can place high tariffs on all of its imports. it can engage in international trade. it can flood foreign exchange markets with its currency. how might developing countries obtain funding? (select all that apply.) they can obtain financial assistance from world bank. they can attain microloans from neighboring countries. they can gain loans from private investors. they can acquire grants from foreign countries. what reasons do protectionists cite most for restricting trade? (select all that apply.) to protect national security and prohibit us reliance on other countries to protect us taxpayers from increased income and corporate tax rates to protect us infant industries that tend to have high production costs to protect us jobs due to cheap labor in other countries
Answers: 3
question
Business, 23.06.2019 10:30
Denise is a hard worker, but she has always had differences with her boss, angela. angela has recently become more demanding and is often unwilling to provide clarification on project requirements. after too many long working days with little or no job satisfaction, denise walked into angela's office and submitted her resignation. denise knows that her résumé is strong and feels confident she will find another job. denise is now facing unemployment.a. seasonalb. cyclicalc. structurald. frictional
Answers: 3
You know the right answer?
Bethesda Mining Company reports the following balance sheet information for 2015 and 2016.
BE...
Questions
question
English, 02.07.2021 23:50
question
Mathematics, 02.07.2021 23:50
question
Mathematics, 02.07.2021 23:50
question
Computers and Technology, 02.07.2021 23:50
question
Mathematics, 02.07.2021 23:50
question
Mathematics, 02.07.2021 23:50
Questions on the website: 13722362