{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-09T16:37:23-04:00", "answer_date": "2024-06-09 16:37:23", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2526351", "url": "\/study-help\/questions\/1-2-exercise-2-2-1-4-algo-2526351", "question_creation_date_js": "2024-06-09T16:37:23-04:00", "question_creation_date": "Jun 09, 2024 04:37 PM", "meta_title": "[Solved] 1 2 Exercise 2 2 - 1 4 ( Algo ) Return on | SolutionInn", "meta_description": "Answer of - 1 2 Exercise 2 2 - 1 4 ( Algo ) Return on investment LO A 1 , A 2 A company reports the following for the past year. 0 | SolutionInn", "meta_keywords": "1,2,exercise,-,4,algo,return,investment,lo,company,reports,year", "question_title_h1": "1 2 Exercise 2 2 - 1 4 ( Algo ) Return on investment LO A 1 , A 2 A company reports the following", "question_title": "1 2 Exercise 2 2 - 1 4 ( Algo ) Return", "question_title_for_js_snippet": "1 2 Exercise 2 2 1 4 ( Algo ) Return on investment LO A 1 , A 2 A company reports the following for the past year 0 5 5 points Sales Income Average assets $ 1 0 , 1 0 0 , 0 0 0 3 , 8 3 8 , 0 0 0 2 0 , 2 0 0 , 0 0 0 The company's CFO believes that income for next year will be $ 4 , 6 0 5 , 6 0 0 Average assets will be the same as the past year Compute return on investment for the past year If the CFO's forecast is correct, what will return on investment be for next year Complete this question by entering your answers in the tabs below Required 1 Compute return on investment for the past year table Return on Investment , Numerator , 1 , Denominator ,, , , 1 , , , Return on investment , , 1 , , , Exercise 2 2 1 4 ( Algo ) Return on investment LO A 1 , A 2 A company reports the following for the past year table Sales , $ 1 0 , 1 0 0 , 0 0 0", "question_description": "\"image
1<\/mn>2<\/mn><\/mrow><\/math><\/div>
Exercise <\/span>2<\/mn>2<\/mn>-<\/mo>1<\/mn>4<\/mn><\/mtext>(<\/mi><\/mrow><\/math>Algo<\/span>)<\/mi><\/mrow><\/math> Return on investment LO A<\/span>1<\/mn>,<\/mo><\/mrow><\/math> A<\/span>2<\/mn><\/mrow><\/math> <\/div>
A company reports the following for the past year.<\/span><\/div>
0<\/mn>.<\/mn>5<\/mn>5<\/mn><\/mrow><\/math> points<\/span> <\/div>
Sales<\/span><\/div>
Income<\/span><\/div>
Average assets<\/span><\/div>
$<\/span>1<\/mn>0<\/mn>,<\/mo>1<\/mn>0<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div>
3<\/mn>,<\/mo>8<\/mn>3<\/mn>8<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math><\/div>
2<\/mn>0<\/mn>,<\/mo>2<\/mn>0<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math><\/div>
The company's CFO believes that income for next year will be $<\/span>4<\/mn>,<\/mo>6<\/mn>0<\/mn>5<\/mn>,<\/mo>6<\/mn>0<\/mn>0<\/mn>.<\/mo><\/mrow><\/math> Average assets will be the same as the past year.<\/span> <\/div>
Compute return on investment for the past year.<\/span><\/div>
If the CFO's forecast is correct, what will return on investment be for next year?<\/span><\/div>
Complete this question by entering your answers in the tabs below.<\/span><\/div>
Required <\/span>1<\/mn><\/mrow><\/math> <\/div>
Compute return on investment for the past year.<\/span><\/div>
\\<\/mi><\/mrow><\/math>table<\/span>[<\/mi>[<\/mi><\/mrow><\/math>Return on Investment<\/span>]<\/mi>,<\/mo>[<\/mi><\/mrow><\/math>Numerator:<\/span>,<\/mo>1<\/mn>,<\/mo><\/mrow><\/math>Denominator:,,<\/span>]<\/mi>,<\/mo>[<\/mi>,<\/mo>1<\/mn>,<\/mo>,<\/mo>=<\/mo>,<\/mo><\/mrow><\/math>Return on investment<\/span>]<\/mi>,<\/mo>[<\/mi>,<\/mo>1<\/mn>,<\/mo>,<\/mo>=<\/mo>,<\/mo>]<\/mi>]<\/mi><\/mrow><\/math> <\/div>
<\/div>
Exercise <\/span>2<\/mn>2<\/mn>-<\/mo>1<\/mn>4<\/mn><\/mtext>(<\/mi><\/mrow><\/math>Algo<\/span>)<\/mi><\/mrow><\/math> Return on investment LO A<\/span>1<\/mn>,<\/mo><\/mrow><\/math> A<\/span>2<\/mn><\/mrow><\/math> <\/div>
A company reports the following for the past year.<\/span><\/div>
\\<\/mi><\/mrow><\/math>table<\/span>[<\/mi>[<\/mi><\/mrow><\/math>Sales<\/span>,<\/mo><\/mrow><\/math>$<\/span>1<\/mn>0<\/mn>,<\/mo>1<\/mn>0<\/mn>0<\/mn>,<\/mo>0<\/mn>0<\/mn>0<\/mn><\/mrow><\/math> <\/div><\/span> <\/div><\/div> \"image", "transcribed_text": "", "related_book": { "title": "Financial and managerial accounting", "isbn": "111800423X, 9781118233443, 1118016114, 9781118004234, 1118233441, 978-1118016114", "edition": "1st edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/221.jpg", "uri": "\/textbooks\/financial-and-managerial-accounting-1st-edition-221", "see_more_uri": "" }, "free_related_book": { "isbn": "0425279154", "uri": "\/textbooks\/the-liar-978-0425279151-115491", "name": "The Liar", "edition": "" }, "question_posted": "2024-06-09 16:37:23", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-show-that-for-large-n-the-fractional-difference-in", "description": "(a) Show that for large n, the fractional difference in energy between state n and state n + 1 for a particle in a box is given approximately by (b) What is the approximate percentage energy...", "stars": 3 }, { "url": "\/which-method-is-economically-efficient-if-the-wage-rate-is", "description": "Which method is economically efficient if the wage rate is (i) $5 an hour? 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