Presented below are selected financial data for two competitors. Discuss why the return onequity decreased for each
Question:
Presented below are selected financial data for two competitors. Discuss why the return on’equity decreased for each firm.
Transcribed Image Text:
Company X. Company Y. Return on Equity Return Financial on Sales Asset Turnover Leverage Year 1 Year 2 Year 1 Year 2 Year 1 Year 2 Year 1 Year 2 8.5% 6.3% 24.9% 19.1% 12.0% 8.0% 9.9% 10.1% 1.0 1.2 00 1.1 7.1 7.2 0.9 2.1 2.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Financial Accounting For Executives And MBAs
ISBN: 9781618531988
4th Edition
Authors: Wallace, Simko, Ferris
Question Posted:
Students also viewed these Business questions
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Presented below are selected ratios for four firms: Firm A is a heavy equipment manufacturer, Firm B is a newspaper publisher, Firm C is a food manufacturer, and Firm D is a grocery chain. Required:...
-
Presented below are selected financial data for two competitors. Discuss why the return on assets increased for Company A but decreased for Company B. Company A. Company B Return on Assets Return on...
-
1.What is the difference between Router and firewall 2.What is Packet filtering router 3.What is Stateful inspection firewall 4.What is Circuit level firewall 5.What is Application level firewall...
-
Assume that the cost function for a convex, monotonic technology V(y) is linear in y, that is, c(w, y) = (w)y. Then the technology exhibits constant returns to scale.
-
Find the area bounded by the curve representing y = x 3 , the positive x axis, and the line x = 3.
-
Describe political and legal environments in international business. L01
-
Recording Journal Entries Blaine Air Transport Service, Inc., has been in operation for three years. The following transactions occurred in February: February 1 Paid $275 for rent of hangar space in...
-
Required Information Use the following Information for the Problems below. ( Algo ) [ The following information applies to the questions displayed below. ] Trini Compony set the following standord...
-
Explain why a sell-side analyst might be less objective than a buy-side analyst in his/her research reports. If an analyst is working for Merrill Lynch, where should the analysts loyalties liewith...
-
Presented below are common-sized income statement data for three well-known companies representing three different industries (pharmaceutical, beverage, and diversified): 1. Bristol-Myers Squibb 2....
-
A 10.0-L vessel contains 0.0015 mol CO2 and 0.10 mol CO. If a small amount of carbon is added to this vessel and the temperature raised to 1000oC, will more CO form? The reaction is The value of Kc...
-
Consider a rigid body B with center of mass point B*. A set of coordinate axes is chosen centered at B* and defined by mutually orthogonal unit vectors 61, 62, 63 which are fixed in B. The rigid body...
-
Let A be the matrix 1 0 2 4 1 -6 = 7-4 7 -5 3 (a) (2 points) What must a and b be in order to define the linear transformation T: RR by T(x) = Ax. (b) (3 points) What is the image of the vector 2] 1...
-
write a title Understanding the roots of modern educational practices can provide valuable insights into their effectiveness and potential for improvement. One such root influencing contemporary...
-
State the limit for each of the following using the graph. -6. -5 + -3- 3 -2 -2 0 2 -2- w. 3 4
-
Great Eastern Credit Union (GECU) has two operating departments (Branches and Electronic) and three service departments (Processing, Administration, and Maintenance). During July, the following costs...
-
Explain the term value-added.
-
Write a program to move a signed number from smaller register to bigger register. Hint: movzx ax, bl Topic: Data Related Operators and Directives in assembly language
-
Required : a- outline the statement of comperhensive income for the year ended 30 november 2021 b- outline the statment of financial position as at 30 November The Trial Balance of Alim Enterprise at...
-
International business and environment The MIR requires teams to gather current, or the most recently available, data on the markets people, economy, government, and technological status from online...
-
Consider the following stream of cash flows. The interest rate is 10%. 0 1 2 3 4 5 6 7 100 100 100 200 0 300 300 300 a) What is the value at time 0 of the cash flow stream? b) What is the value of...
Study smarter with the SolutionInn App