Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. jones enterprises has net income of $128,470. tota

Jones Enterprises has net income of $128,470. Total assets are $1,419,415, total receivables are $122,306,...

60.1K

Verified Solution

Question

Finance

Jones Enterprises has net income of $128,470. Total assets are $1,419,415, total receivables are $122,306, and the debt-equity ratio is .40. 1) What is the amount of debt? (either rounded to $ or in cents) 2) What is the amount of equity? unded to $ or in cents) 3) What is the return on equity? (round to 2 decimal points in % format)
image
Jones Enterprises has net income of $128,470. Total assets are $1,419,415, total receivables are $122,306, and the debt-equity ratio is .40 . 1) What is the amount of debt? (either rounded to sor in cents) 2) What is the amount of equity? 3) What is the return on equity? unded to 5 or in cents) (round to 2 decimal points in x6 format)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1.Columbus Manufacturing's stock currently sells for $ 29.10 a share. The stock just paid a dividend...

Finance
Q

What is the power series representation of ln(1-2x)? What is its radius of convergence?

Basic Math
Q

compare and contrast five antihypertensive treatments.

Medical Sciences
Q

Decision Structures in Java       You are the owner of a company that sells designer desks. Your...

Programming
Q

An object of 7kg is lit and it becomes suspended at rest from the ceiling. It...

Physics
Q

4. (a) As a stockbroker, you have been approached by a client seeking to establish a...

Finance
Q

Will you pay an insect exterminator if they didn t get rid of spiders Yes...

Biology
Q

E17-19 (L02, 4) (Medicin del valor razonable) A continuacin se presenta informacin relacionada con...

Accounting
Q

The step in the decision-making process that is unique to consumers who are actively seeking...

Accounting
Q

Discuss the components of each of the following manufacturing cost budgets (What each budget proposes...

Accounting
Q

If a company is experiencing cash flow difficulties, which of the following is a short-term...

Accounting
Q

Y Corp. pucaseg mener assets of Cranston Company on December 31, 2020 for $916,000. The...

Accounting