Given the following information calculate ROCE and ROOE for Ricmar Ltd for 20X4 and 20X5: 20X4 20X5
Question:
Given the following information calculate ROCE and ROOE for Ricmar Ltd for 20X4 and 20X5:
Transcribed Image Text:
20X4 20X5 Profit before tax 80 85 Interest charged 10 10 Capital employed 1,250 1,280 Long-term debt 100 100
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Diane Joyce Pastorin
Please accept my enthusiastic application to solutioninn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group.
4.60+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
I need help specifically in: 1. calculating3 ratios that are missing (Tab 2 highlighted yellow), I can't figure those out to match. 20X5 numbers I have to input myself from theother source. 2....
-
You are given the following information in relation to Olivet Ltd: You are required to comment on the financial position of Olivet Ltd as at 20X5. Calculate any ratios you feel necessary. PROFIT AND...
-
Exercise 2-13 (Algo) Departmental Predetermined Overhead Rates [LO2-1, LO2-2, LO2-4] White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes...
-
State whether or not each of the following events would result in a liability being recognised in the accounts at 30 June. 1. Taxes for the year ended 30 June, which are not payable until October. 2....
-
If marketing research to determine consumer preferences for hotels was to be conducted in Latin America, how would the research process differ?
-
What is continuous flow processing? Give at least three examples of products that might use continuous flow processing.
-
Preparing an income statement on the basis of absorption costing. Prepare an income statement for 19X1 based on absorption costing.The Harris Company has the following standard costs per unit for its...
-
The Rosen Corporation was formed on December 12, 2006. It plans to close its books annually each December 31. The corporation is located in Lanmark City and Apple County. The fiscal period of these...
-
A hockey player is standing on his skates on a frozen pond when an opposing player, moving with a uniform speed of 2.0 m/s. skates by with the puck. After 7,go s, the first player makes up his mind...
-
Obtain a fairly recent copy of the Financial Times. Look up the London share infor mation service found in the FT and make a note of the data provided for each company. Also read the UK company news...
-
Calculate ratios of wages, depreciation and other expenses to sales and interpret thenn for Rodann Ltd.
-
Repeat the External and Internal Tube Flow example (example 14.7) using the Churchill/ Zajic expression for \(\overline{N u_{d}}\). How much does the outlet temperature change compared with the...
-
For each of the accounts listed below, indicate whether the account is increased by a debit or a credit: Accounts Receivable Supplies Expense Cash Equipment Common Stock Dividends Building...
-
Determine if Heards statements are correct. Justify your response. Laura Powers is a senior investment analyst at Brotley University Foundation and works for the university endowment. Powers is...
-
Determine the most appropriate rebalancing choice for the Foundations investment team. Justify your response. The Lemont Family Foundation follows a systematic quarterly rebalancing policy based on...
-
The following account balances, in alphabetical order, are from the general ledger of Milo's Waterproofing Service at January 31. The firm began business on January 1 . All accounts have normal...
-
Pascall Company has the following information available for the past year: The companys hurdle rate is 10 percent. 1. Determine Pascalls return on investment (ROI) and residual income for each...
-
A sealed rigid vessel has volume of 1 m3 and contains 2 kg of water at 100C. The vessel is now heated. If a safety pressure valve is installed, at what pressure should the valve be set to...
-
If |62x|>9, which of the following is a possible value of x? A. 2 B. 1 C. 0 D. 4 E. 7
-
(2) In 2020, to counter the economic fallout of the COVID-19 pandemic, the US government took several economic stimulus measures. For example, the $2.2 trillion Coronavirus Aid, Relief, and Economic...
-
\fSelected restaurans_l and Number of meals from each restaurant and [f you could only select one restaurant which would it be? Wt would restaurant B have to lower its price to for you to select only...
-
Dubner, S. J. (2011, March 18). Freakonomics Radio: The Health of Nations. Transcript Is GDP per capita a good measure of a country's standard of living? Is GDP a good measure of a country's...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App