Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media Inc. Net income $ 32,400 $ 127,000
Sales 377,000 2,830,000
Total assets 408,000 925,000
Total debt 195,000 547,000
Stockholders' equity 213,000 378,000
a-1. Compute return on stockholdersâ equity for both firms. (Input your answers as a percent rounded to 2 decimal places.)
Return on Stockholder's equity
Cable Corporation %
Multi-Media Inc. %
a-2. Which firm has the higher return?
Cable Corporatio
Multi-Media Inc.
b. Compute the following additional ratios for both firms. (Input your Net income/Sales, Net income/Total assets and Debt/Total asset answers as a percent rounded to 2 decimal places. Round your Sales/Total assets answers to 2 decimal places.)
Cable Corporation Multi-Media Inc
Net income/Sales % %
Net income/Total assets % %
Sales/Total assets times times
Debt/Total assets % %

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $

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