Purchase Solution

Total assets and stockholders' equity for Jodie Foster, Inc.

Not what you're looking for?

Ask Custom Question

Jodie Foster Care Homes, Incorporated shows the following data:

Year Net Income Total Assets Stockholders' Equity Total Debt
201 $118,000 $1,900,000 $700,000 $1,200,000
2013 131,000 1,950,000 950,000 1,000,000
2014 148,000 2,010,000 1,100,000 910,000
2015 175,700 2,050,000 1,420,000 630,000

a. Compare the ratio of net income to total assets for each year and comment on the trend.
b. Compute the ratio of net income to stockholders' equity and comment on the trend. Explain why
there may be a difference in the trends between parts a and b.

Attachments
Purchase this Solution
Solution Summary

The attached, formatted MS Excel spreadsheet contains detailed, illustrations for the calculation of the return on asset for Jodie Foster, Inc.

Solution Preview

Solution:
Jodie Foster Care Homes Incorporated

a. Net Income Total ...

Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Operations Management

This quiz tests a student's knowledge about Operations Management

View More Free Quizzes
Related BrainMass Solutions

  • Net Income to Total Assets and Stockholder's Equity

    609761 Net Income to Total Assets and Stockholder's Equity Jodie Foster Care Homes, Inc., shows the following: Year Net Income Total Assets Stockholder's Equity Total Debt 2011 $118,000 $1,900,000 $700,000 $1,200,000 2012 131,000 1,950,000

  • 2-Yr Financial Analysis of Nike, Inc.

    - 2006 horizontal and vertical financial analysis for Nike, inc.

  • General Aviation, Inc Finances

    Total current assets ? Gross fixed assets ? Less: Accumulated depreciation $50,000 Net fixed assets ?  Total assets ? Liabilities and Stockholders' Equity Accounts payable $28,800  Notes payable ?  

  • Ratio Calculation

    Total stockholders' equity . Total liabilities and stockholders' equity . $ 30,000 140,000 $ 50,000 80,000 130,000 170,000 $300,000 Castile Products, Inc. Income Statement For the Year Ended December 31 Sales .

  • Missing Amounts

    Balance Sheet Assets Liabilities and Stockholders' Equity Cash $5,000 Liabilities Inventory 10,000 Accounts payable $5,000 Building 45,000 Stockholders' Equity Total assets $60,000 Common stock (a) Retained earnings

  • General Mills, Inc.

    262647 Total liabilities and comprehensive income for General Mills Inc.

  • Viewing Solutions Inc. - measures of solvency and profitability

    1,316,000 904,000 Total liabilities and stockholders' equity 2,860,000 2,024,000 Determine the following measures for 2010, rounding to one decimal place 1.

  • Financial Statement Analysis

    sales to assets, (d) rate earned on total assets, (e) rate earned on stockholders' equity, and (f) rate earned on common stockholders' equity.

  • Prepare corrected balance sheet, income statement, ratio analysis, DuPont analysis

    Total Stockholders' Equity $162,000 Automobiles $165,000 Total Land, Plant, & Equipment $315,000 Total Assets $476,000 Total Liabilities, & Stockholders' Equity $476,000 Exercise 2.3) Prosser Company Balance Sheet For the

View More Related Solutions