A firm has an ROE of 20 percent. The industry average ROE is 12 percent. Is this
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
Generally a high ROE is considered to be a positive sign of firm performance H...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Question Posted:
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Finance questions
-
A firm has an ROE of 10 percent. The industry average ROE is 15 percent. How can the DuPont system of analysis help the firms managers identify the reasons for this difference?
-
A firm has an ROE of 3%, a debt-to-equity ratio of .5, a tax rate of 35%, and pays an interest rate of 6% on its debt. What is its operating ROA?
-
A firm has an ROE of 3%, a debt/equity ratio of 0.5, a tax rate of 35%, and pays an interest rate of 6% on its debt. What is its operating ROA?
-
What, if any, product or product line modifications will Outback have to make in the country you chose in order to be successful? Are any changes necessary in the design of the restaurants? Explain...
-
When people are frustrated with a problem and are trying to discuss it via a lean medium such as online postings, emotions can sometimes boil over. You've been monitoring a conversation between a...
-
In Exercises, find dy/dx, where y is a function of u such that dy du U V1 + u
-
Soy como el mariscal de campo del equipo. Manejo 250 cuentas y hago de todo, desde facturacin hasta dar servicio y vender los productos. En realidad soy la cara que se presenta al cliente, afirma...
-
1. Explain the basic nature of Deloittes Mass Career Customization (MCC) program. 2. Explain how Deloittes MCC program can help employees in managing their careers and in dealing with work/life...
-
Current Attempt in Progress An analysis of the accounts of Kingbird Company reveals the following manufacturing cost data for the month ended June 3 0 , 2 0 2 2 . \ table [ [ Inventory ,...
-
SCX is a $ 2 billion chemical company with a plastics plant located in Durango, Colorado. The Durango plastics plant of SCX was started 30 years ago to produce a particular plastic film for snack...
-
Why is it important to know a firms accounting rules before making any conclusions about its performance from ratios analysis?
-
What does it mean when a firm window dresses its financial statements?
-
If you scan the values for S in Appendix E, you will see that some aqueous ions have values that are less than zero. The third law of thermodynamics states that for a pure substance the entropy goes...
-
Problem 228: The derivative is dz dt = = atb where a , and b =
-
Write a Python program which will take N names from the user. Create a dictionary from the N names that will hold First_name, Middle_name and Last_name in separate keys. The inputs will take N at...
-
2 Finding Poles and Zeros from a Bode Plot Consider the magnitude portion of the Bode plot in Figure 3. Based on the linear approxi- mation in red, find the transfer function G(s). 5 0 -5 10 -10 -15...
-
Indicate whether the following statements are "TRUE" or "FALSE" 1- Financial accounting is considered to be the backbone to top management. 2- Cost accounting identifies, summarizes and interprets...
-
Refer to case 3 shown above. Assume that Beta Division is now receiving an 3% price discount from the outside supplier. a. What is Alpha Division's lowest acceptable transfer price? b. What is Beta...
-
How can the lifecycle approach be used to maximise return from a product?
-
Flicker, Inc., a closely held corporation, acquired a passive activity this year. Gross income from operations of the activity was $160,000. Operating expenses, not including depreciation, were...
-
Under what circumstances may a contract voidable at the option of one of the parties cease to be voidable?
-
Suppose a firm has had the historic sales figures shown as follows. What would be the forecast for next year's sales using regression to estimate a trend? 2012 2013 S1.750,000 Year. 2014 2015 2016...
-
Suppose a firm has had the historic sales figures shown as follows. What would be the forecast for next year's sales using regression to estimate a trend? Year: Sales 2012 S2,500,000 2013 2014 2015...
-
Suppose that the 2016 actual and 2017 projected financial statements for your firm are initially shown as follows. In these tables, sales are projected to rise by 18 percent in the coming year, and...
-
Construction of consumer price index number for the given goods and services. Item Weight in % Base period price Current period price Food 35 150 145 Fuel 10 25 23 Cloth 20 75 65 Rent 15 30 30 Misc....
-
Gammaro Corporation has found that 80% of its sales in any given month are credit sales, while the remainder are cash sales of the credit sales, Gammaro Corporation has experienced the following...
-
Swifty Company estimates that 2022 sales will be $43,200 in quarter 1,$51,840 in quarter 2 , and $62,640 in quarter 3 , Cost of goods sold is 50% of sales. Management desires to have ending...
Study smarter with the SolutionInn App