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In: Finance
Jolie Foster Care Homes Inc. shows the following data: Year Net Income Total Assets Stockholders'...
Jolie Foster Care Homes Inc. shows the following data:
| Year | Net Income | Total Assets |
Stockholders' Equity |
Total Debt | ||||
| 20X1 | $ | 155,000 | $ | 2,390,000 | $ | 761,000 | $ | 1,629,000 |
| 20X2 | 191,000 | 2,700,000 | 966,000 | 1,734,000 | ||||
| 20X3 | 208,000 | 2,730,000 | 1,770,000 | 960,000 | ||||
| 20X4 | 192,000 | 2,470,000 | 2,220,000 | 250,000 | ||||
Compute the ratio of net income to total assets for each year. (round to 2 decimal place)
Year Return on Assets
20X1 %
20X2 %
20X3 %
20X4 %
Compute the ratio of net income to stockholders equity for each year. (round to 2 decimal place)
Year Return on Assets
20X1 %
20X2 %
20X3 %
20X4 %
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jeff jeffy answered 11 months agoRelated Solutions
Jolie Foster Care Homes Inc. shows the following data: Year Net Income Total Assets Stockholders'...
Jolie Foster Care Homes Inc. shows the following data:
Year
Net Income
Total
Assets
Stockholders'
Equity
Total Debt
20X1
$
200,000
$
2,520,000
$
1,550,000
$
970,000
20X2
189,000
2,630,000
1,710,000
920,000
20X3
137,000
2,120,000
1,470,000
650,000
20X4
132,000
2,270,000
1,650,000
620,000
a-1. Compute the ratio of net income to total
assets for each year. (Input your answers as a percent
rounded to 2 decimal places.)
year
return on assets
2011
%
2012
%
2013
%
2014
%...
Jolie Foster Care Homes Inc. shows the following data: Year Net Income Total Assets Stockholders'...
Jolie Foster Care Homes Inc. shows the following data:
Year
Net Income
Total
Assets
Stockholders'
Equity
Total Debt
20X1
$
155,000
$
2,390,000
$
761,000
$
1,629,000
20X2
191,000
2,700,000
966,000
1,734,000
20X3
208,000
2,730,000
1,770,000
960,000
20X4
192,000
2,470,000
2,220,000
250,000
compute the ratio of net income to total assets for each year.
round to 2 decimal place and compute the ratio of net income to
stockholders equity for each year.
he net income of Foster Furniture, Inc., amounted to $1,600,000 for the current year. a. Compute...
he net income of Foster Furniture, Inc., amounted to $1,600,000
for the current year. a. Compute the amount of earnings per share
assuming that the shares of capital stock outstanding throughout
the year consisted of: 1. 400,000 shares of $1 par value common
stock and no preferred stock. 2. 100,000 shares of 8 percent, $100
par value, cumulative preferred stock and 300,000 shares of $5 par
value common stock. b. Is the earnings per share figure computed in
part a(2)...
(a) Last year A Corp and $195,000 of assets, $18,775 of net income and a debt-to-total-assets...
(a) Last year A Corp and $195,000 of assets, $18,775 of net
income and a debt-to-total-assets ration of 32%. Now suppose the
new CEO convinces the president to increase the debt ratio to $48.
Sales and total assets will not be affected but interest expenses
would increase. However, the CFO believes tat better cost controls
would be sufficient to offset the high interest expense, thus keep
net income unchanged. By how much would the change in capital in
the capital...
Holding assets constant, when debt decreases Net income increases and Stockholders' equity declines Net income and...
Holding assets constant, when debt decreases
Net income increases and Stockholders' equity declines
Net income and Stockholders' equity decline
Net income declines
and Stockholders' equity increases
Cannot be determined from the information provided
Net income and Stockholders' equity increase
TSW Inc. had the following data for last year: Net income = $800; Net operating profit...
TSW Inc. had the following data for last year: Net income =
$800; Net operating profit after taxes (NOPAT) = $700; Total assets
= $3,000; and Total operating capital = $2,000. Information for the
just-completed year is as follows: Net income = $1,000; Net
operating profit after taxes (NOPAT) = $925; Total assets = $2,600;
and Total operating capital = $2,500. How much free cash flow did
the firm generate during the just-completed year?
For each transaction below, write the net effect on Current Assets (CA), Total Assets, Net Income...
For each transaction
below, write the net effect on Current Assets (CA), Total Assets,
Net Income Before Taxes (NI pretax), Cash flows from operating
activities (CFO), and Cash flows from investing activities
(CFI).
Write only the effect for the current period.
Assume the company is a merchandising firm.
If the net effect is negative, include a negative sign. If no
effect, write 0.
For CFO and CFI, positive net inflows are positive, net cash
outflows are negative.
For classifying interest...
Parks Inc. had the following data for the year ending 12/31/2x: Net income = $300; Net...
Parks Inc. had the following data for the year ending 12/31/2x:
Net income = $300; Net operating profit after taxes (NOPAT) = $400;
Total assets = $2,500; Short-term investments = $200; Shareholders’
equity = $1,800; NOWC = $1200; Operating long-term assets $1,100.
What was its return on invested capital (ROIC)?
Tibbs Inc. had the following data for the year ending 12/31/18:Net income = $600; Net...
Tibbs Inc. had the following data for the year ending 12/31/18:
Net income = $600; Net operating profit after taxes (NOPAT) = $610;
Total assets = $2,500; Short-term investments = $200; Stockholders'
equity = $1,800; Total debt = $700; and Total operating capital =
$2,500. What was its return on invested capital (ROIC)? a. 20.95%b. 24.40%c. 30.09%d. 34.66%11. LeCompte Corp. has $330,900 of assets, and it uses only
common equity capital (zero debt). Its sales for the last year were
$610,000,...
Company had $25,000,000 in sales last year. The company's net income was $875,000. Its total assets...
Company had $25,000,000 in sales last year. The company's net
income was $875,000. Its total assets equal $8,000,000. The
company's ROE was 16%. The company is financed entirely with debt
and common equity. What is the company's debt ratio?
A. 31.6%
B. 3.5%
C. 10.9%
D. 14.6%
E. 64.4%
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