1. Teddy\'s Pillows has beginning net fixed assets of $458 and ending net fixed

Question

1.

Teddy's Pillows has beginning net fixed assets of $458 and ending net fixed assets of $524. Assets valued at $306 were sold during the year. Depreciation was $16. What is the amount of net capital spending?

$234

Samuelson's has a debt-equity ratio of 32 percent, sales of $13,000, net income of $1,300, and total debt of $6,700. What is the return on equity?

3.

4.70 percent

Teddy's Pillows has beginning net fixed assets of $458 and ending net fixed assets of $524. Assets valued at $306 were sold during the year. Depreciation was $16. What is the amount of net capital spending?

Explanation / Answer

1.$82
2.19.40 percent
3.6.70 percent

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.