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What happens to a low income senior with no assets when his spouse dies leaving debt he was unaware of?
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return on assets?
this profitability ratio shows how much income is contributed by assets of a company. generally, assets contribute a majority of income earned. ROA is calculated using the following formula:Return on assets = (Net income / Total assets) x 100
What is its net income if a firm has an Return of total assets of 12 percent sales of 1500 and total assets of 1275?
Net income = total assets * return on total assets. net income = 1275 * 0.12 = 153
Is the return on assets ratio computed by dividing net income by total assets?
Yes it is the formula for calculating return on total assets as follows: Return on total asssets = Net income / total assets * 100
What is Net income divided by total assets?
debt to assets ratio
What happens to dads who hide their income and assets so they will not have to pay all their child support to mother who lives in Florida?
They can be prosecuted for perjury/contempt.
How do you Compute return on assets if total assets where 500000 dollars and net income was 26000 dollars?
Return on total asset = Net Income / Total Assets return on total assets = 26000 / 500000 * 100 Return on total assets = 5.2%
What happens if you are in a nursing home and medicare runs out and you have bank assets?
Apply for Medicaid, now. Your caseworker will determine how much of your income/assets you will need to pay to the nursing home (or for other medical expenses) in order to be eligible.
How do you calculate return on assets?
Net Income divided by Average Total Assets
How do you calculate net income from assets and liBILITIES?
assets - liabilities = owners equity.
Where on the income statement can you find fixed assets?
Fixed assets do not appear on the income statement. They are shown on the balance sheet (statement of financial position).
What are a bank's earning assets?
this are income or interest bearing asset that a bank have.They bring in income unlike liabilities. example of the assets are;securities.bonds,bank deposits, loans . in another way it's total assets - ( cash + fixed assets )
Doherty Corporation had net income of 30000 net sales of 1000000 and average total assets of 500000 It's return on total assets is?
Return on total assets = net income / total assets *100 Return on total assets = 30000 / 500000 * 100 = 6%
