Question

1. Please keep using the same information (that was provided in the previous questions) to answer...

1. Please keep using the same information (that was provided in the previous questions) to answer the question below.

                              Date                     DJIA (imaginary index)

           1.            Oct. 12, 2015 11,000

               2.            Oct. 10, 2016 11,100

               3.            Oct. 16, 2017 13,300

               4.            Oct. 14, 2018 15,000

               5.            Oct. 07, 2019 16,500

               6.            Oct. 03, 2020 26,500

Determine the growth rate (in %) of the DJIA during the entire period (from Oct. 12, 2015 to Oct. 3, 2020). Please round your answer to the first decimal in percentage (as in ##.#%).  Please do not put "%" in your answer. Just put the number as requested. For example, if your answer is 10%, provide your answer as 10.0.

2. Below are two years’ business records of the HMG Corp. According to the given information, please answer the following question.

                                  Income Statement                                            

       HFT Corp.                                                     

   During the year of 2XX1                  2XX2              

   Sales              $1,200,000        $1,500,000        

   Cost of Sales    $   360,000            $   480,000

   Gross Profit       $   840,000         $1,020,000     

   Payroll Exp.         $ 300,000        $   375,000           

   Gen. & Admin.    $ 120,000            $   150,000           

   Other Exp.           $ 240,000          $   300,000         

  (including Taxes)                                               

   Net Income    $ 180,000        $ 195,000  

=====================================

                          Balance Sheet

       On Dec. 31 of    2xx1            2xx2

Total Assets            $700,000     $800,000

Curr. Liabilities        $50,000       $60,000

L/T Liabilities         $150,000     $240,000

Owners' Equity     $500,000     $500,000

What is the amount of the resources the company had when it started its operations in 2XX2? Follow the same format in your answer - no "$" or ","; just the number.

3, Keep using the same set of information to answer the question below.

                                  Income Statement                                            

       HFT Corp.                                                     

   During the year of 2XX1                    2XX2              

   Sales              $1,200,000          $1,500,000        

   Cost of Sales     $   360,000           $   480,000

   Gross Profit       $   840,000           $1,020,000     

   Payroll Exp.        $   300,000           $   375,000           

   Gen. & Admin.    $ 120,000       $   150,000           

   Other Exp.          $ 240,000            $   300,000         

  (including Taxes)                                             

   Net Income    $ 180,000         $ 195,000  

=====================================

                               Balance Sheet

       On Dec. 31 of       2xx1            2xx2

Total Assets             $700,000       $800,000

Curr. Liabilities       $50,000      $60,000

L/T Liabilities          $150,000      $240,000

Owners' Equity      $500,000 $500,000

Determine the company's ROI in the 2xx2. Your answer should be in percentage (%). Round it to the first decimal.   FYI, if your answer is 30%, provide "30.0" for your answer.

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Homework Answers

Answer #1
Determine the growth rate (in %) of the DJIA during the entire period (from Oct. 12, 2015 to Oct. 3, 2020). Please round your answer to the first decimal in percentage (as in ##.#%).  Please do not put "%" in your answer. Just put the number as requested. For example, if your answer is 10%, provide your answer as 10.0.
Growth rate = (26500 - 11000)/11000 140.9%
2)
What is the amount of the resources the company had when it started its operations in 2XX2? Follow the same format in your answer - no "$" or ","; just the number.
Total  assets are  company's resources
Beginning Assets 2xx2 = 700,000
3)
Determine the company's ROI in the 2xx2. Your
ROI = Net Income/ Average Shareholder Equity
ROI = 195000/  ((500000+500000)/2) 39.0%
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