{"id":132263,"date":"2023-08-20T10:39:10","date_gmt":"2023-08-20T10:39:10","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/im-working-on-an-homework-assignment-in-accounting-please\/"},"modified":"2023-08-20T10:39:10","modified_gmt":"2023-08-20T10:39:10","slug":"im-working-on-an-homework-assignment-in-accounting-please","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/im-working-on-an-homework-assignment-in-accounting-please\/","title":{"rendered":"I&#8217;m working on an homework assignment in accounting. please"},"content":{"rendered":"<div>\n<p>I&#8217;m working on an homework assignment in accounting. Please help.<\/p>\n<p>Key comparative figures ($ millions) for two companies, Alltech and SynergyXT, are presented in the following table. <br \/>Key Figures\u00a0\u00a0\u00a0 Alltech\u00a0\u00a0\u00a0 SynergyXT <br \/>Liab. + OE\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $11,502\u00a0\u00a0\u00a0 $48,823 <br \/>Net income\u00a0\u00a0\u00a0 3,127\u00a0\u00a0\u00a0 9,276 <br \/>Sales\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 15,453\u00a0\u00a0\u00a0 44,612 <\/p>\n<p>What is the total amount of assets invested in each company? <br \/>Total assets = Liabilities + Equity <br \/>Alltech: $11,502 (is this correct?) <br \/>SynergyXT: $48,823 (is this correct?) <\/p>\n<p>What is the return on assets for each company? Alltech\u2019s beginning-year assets equal $8,101 (in millions) and SynergyXT\u2019s beginning-year assets equal $36,171 (in millions). <br \/>Revenues \u2013 Expenses = Net income <br \/>Alltech: ($8,101 + $11,502)\/2 = $9,801 Average Assets (in millions) (is this correct?) <br \/>SynergyXT: ($36,171 + $48,823)\/2 = $42,497 Average Assets (in millions) ((is this correct?)? <\/p>\n<p>How much are expenses for each company? <br \/>Revenues \u2013 Expenses = Net income <br \/>Alltech: $15,453 &#8211; Expenses = Net income (this is where i get stuck) <br \/>SynergyXT: $44,612 &#8211; Expenses = Net Income (this is where i get stuck? <\/p>\n<p>Is return on assets satisfactory for each company? Assume competitors average an 18 percent return. <\/p>\n<p>What can you conclude about Alltech and SynergyXT from these computations? <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m working on an homework assignment in accounting. Please help. Key comparative figures ($ millions) for two companies, Alltech and SynergyXT, are presented in the following table. Key Figures\u00a0\u00a0\u00a0 Alltech\u00a0\u00a0\u00a0 SynergyXT Liab. + OE\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $11,502\u00a0\u00a0\u00a0 $48,823 Net income\u00a0\u00a0\u00a0 3,127\u00a0\u00a0\u00a0 9,276 Sales\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 15,453\u00a0\u00a0\u00a0 44,612 What is the total amount of assets invested in each company? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-132263","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/132263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=132263"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/132263\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=132263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=132263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=132263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}