The writer is very fast, professional and responded to the review request fast also. Thank you.
Comparative financial statement data for Cool Brewery Company and Northern Beer Company, two competitors, follow:Northern Beer Company$40,500Cost of goods sold 100,500 15,300Operating expenses 85,400 17,190Interest expense 7,800 370Income tax expense 4,700 1,130Current assets 98,000 12,700Long-term assets (net) 210,000 29,100Current liabilities 71,900 3,900Long-term liabilities 103,900 8,000Share capital 51,200 17,800Retained earnings 81,000 12,100a) Calculate the return on assets.For the ROA, break both of them down into their two component ratios and prove they equal the returns calculated above.b) Identify two main reasons for the difference in their profitabilityc) Calculate the return on equity for both companies using the calculation in its simplest form and prove your result using the Dupont entity calculation.
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more