Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a) calculate the total (roi) for the year 2023 b

a) Calculate the total (ROI) for the year 2023 b) Calculate the return...

50.1K

Verified Solution

Question

Accounting

a) Calculate the total (ROI) for the year 2023
b) Calculate the return on equity (ROE) for the year
2023
c) Calculate working capital at the end of each year
d) Calculate the current ratio at the end of each
year
e) Calculate the acid-test ratio at the end of each
year
f) It has now been decided to pay debts to
suppliers (trade payables) down by 50% before the
books are closed on 31 Dec 2023. What effect, if
any, will there be from points a-d)?
g) It is now decided that instead of paying off the
debt to the supplier in December 2023, the trade
receivable will be collected 50 before the
accounting will be closed. What effect, if any, will
there be on points a-d?
image

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

Finance
1.2K views

Raymond Mining Corporation has 2 million shares of common stock outstanding and 25,000 semiannual bonds outstanding,...

Statistics
1.2K views

A recent survey of 200 companies showed that 8 had a female as the head of...

Biology
1.2K views

Discuss the adaptation of reptiles to terrestrial and/or aquatic environments. Refer to the evolution and radiation...

Physics
1.2K views

The Bipolar Junction Transistor (BTJ) characteristic Curve experiment source of error

Accounting
1.2K views

1.a Sheridan Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has...

Physics
1.2K views

In a cylindrical region of radius R there exists a time varying magnetic field B...

Basic Math
1.2K views

Life expectancy in a country can be approximated with the equationL = 28x0.24where x is...

Basic Math
1.2K views

There are x ducks in a pond. The number of swans in the pond is...

Basic Math
1.2K views

Chad buys a bag of cookies that contains 6 chocolate chip cookies, 6 peanut butter...

Accounting
1.2K views

3. An efficient purchases system is essential for all organizations. Required: List 10 objectives of...

Accounting
1.2K views

please make it easy to understand 2:19. Project Lima Beet liikine - 13,000...

Finance
1.2K views

(Financial forecasting-discretionary financing needs) The balance sheet of the Boyd Trucking Company (BTC) is shown...