Description of this paper

I'm working on an homework assignment in accounting. Please help.;Key comparative figures ($ millions) for two companies, Alltech and SynergyXT,...

Description

solution


Question

I'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 Alltech SynergyXT;Liab. + OE $11,502 $48,823;Net income 3,127 9,276;Sales 15,453 44,612;What is the total amount of assets invested in each company?;Total assets = Liabilities + Equity;Alltech: $11,502 (is this correct?);SynergyXT: $48,823 (is this correct?);What is the return on assets for each company? Alltech?s beginning-year assets equal $8,101 (in millions) and SynergyXT?s beginning-year assets equal $36,171 (in millions).;Revenues ? Expenses = Net income;Alltech: ($8,101 + $11,502)/2 = $9,801 Average Assets (in millions) (is this correct?);SynergyXT: ($36,171 + $48,823)/2 = $42,497 Average Assets (in millions) ((is this correct?)?;How much are expenses for each company?;Revenues ? Expenses = Net income;Alltech: $15,453 - Expenses = Net income (this is where i get stuck);SynergyXT: $44,612 - Expenses = Net Income (this is where i get stuck?;Is return on assets satisfactory for each company? Assume competitors average an 18 percent return.;What can you conclude about Alltech and SynergyXT from these computations?

 

Paper#80608 | Written in 18-Jul-2015

Price : $22
SiteLock