ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.35 : A voluntary accountant is performing Du Pont Analysis for a charitable engineering organization. References for 3-step Du Pont formula are : (ROE) = (Net Income $) / (Equity $), where ROE is Return On Equity. (ROS) = (Net Income $) / (Sales $), where ROS is Return On Sales. (Asset Turnover) = (Sales $) / (Assets $). (Leverage) = (Assets $) / (Equity $). From the balance sheet and income statement, the company has Assets of $3753.19 this year and $3216.86 last year. Sales for this year is $2292.34. Let ROE = 0.37 and ROS = 0.21. (a) Calculate the Asset Turnover of the organization. (b) Find the value of the organizational Leverage. (c) Calculate the Net Income $ of the organization.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.35 : (a) (Assets $) = [ (Assets of this year) + (Assets of last year) ] / 2 = ($3753.19 + $3216.86) / 2 = $3485.025. Asset Turnover = (Sales $) / (Assets $) = ($2292.34) / ($3485.025) = 0.658. (b) From 3-step Du Pont formula, (Net Income $) = (ROE) (Equity $) = (ROS) (Sales $). Then (Equity $) = (ROS) (Sales $) / (ROE) = (0.21) ($2292.34) / (0.37) = $1301.0578. From answer (a), (Assets $) = $3485.025. (Leverage) = (Assets $) / (Equity $) = ($3485.025) / ($1301.0578) = 2.6786. (c) From 3-step Du Pont formula, (Net Income $) = (ROS) (Sales $) = (0.21) ($2292.34) = $481.3914. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
| Is This Answer Correct ? | 0 Yes | 0 No |
significance of fouling factor in shell and tube heat exchnager
what is the relation between velocity & pressure. tel me if pressure in water line is increased what wil b effect on velocity ?
How can arsenic be removed from aqueous waste streams?
Define octane number?
NATURAL GAS ENGINEERING - QUESTION 26.3 : The United States of America Energy Information Administration reports the following emissions in million metric tons of carbon dioxide in the world for year 2012 : Natural gas : 6799, petroleum : 11695, coal : 13787. Coal-fired electric power generation emits around 2000 pounds of carbon dioxide for every megawatt hour generated, which is almost double the carbon dioxide released by a natural gas-fired electric plant per megawatt hour generated. If 1 metric ton = 1000 kg and 1 pound = 0.4536 kg, estimate the total energy generated by natural gas in the world for year 2012, in gigawatt hour.
A cylinder with a movable piston contains 0.1 mole of a monoatomic ideal gas. The piston moves through state a, b and c. The heat Q, changes from state c to a is 685 J. The work W, changes from state c to a is -120 J. The work, W performed from state a to b then to c is 75 J. By using the first law of thermodynamic, U = Q W where U is the internal energy : (a) Determine the change in internal energy between states a and c. (b) Is heat added or removed from the gas when the gas is taken along the path abc? (c) Calculate the heat added or removed when the gas is taken along the path abc?
Is four stage graphite steam jet ejector is possible. Any body can provide its design
Question 40 - A stream with volumetric flow rate Q enters a cylindrical tank and a stream with volumetric flow rate q exits the tank. The fluid has a constant heat capacity and density. There is no temperature change or chemical reaction occurring in the tank. Develop a model for determining the height of the tank, h. Let V is the volume, A is the cross sectional area, r is the density, m is the mass, where V and A are for the tank, r and m are for the fluid. The rate of mass of fluid accumulation, dm / dt = (Q - q) r. Prove the model to be dh / dt = (Q - q) / A.
ENGINEERING MECHANIC - EXAMPLE 15.2 : A cantilever beam of length L = 3 m carries a uniformly distributed load (UDL) of W = 20 N / m throughout the length. Calculate the bending moment, BM of the beam near the fixed end. What is the shear force, SF at this point? Let SF = -WL, BM = -LWL/2.
Please help me send me questions for HPCL written test of Chemical Branch.I will be highly thankful to u...
What is the meaning – strain? In a distillation column, if a metal block 10 cm on a side is deformed so that it becomes 9 cm long due to cooling effect, what is the strain involved in percentage?
why is cross over inlet provided in a furnace?
Civil Engineering (5086)
Mechanical Engineering (4456)
Electrical Engineering (16639)
Electronics Communications (3918)
Chemical Engineering (1095)
Aeronautical Engineering (239)
Bio Engineering (96)
Metallurgy (361)
Industrial Engineering (259)
Instrumentation (3014)
Automobile Engineering (332)
Mechatronics Engineering (97)
Marine Engineering (124)
Power Plant Engineering (172)
Textile Engineering (575)
Production Engineering (25)
Satellite Systems Engineering (106)
Engineering AllOther (1379)