Question

DEF Co. has a sale of $20 million, total assets of $12 million, and total debt...

DEF Co. has a sale of $20 million, total assets of $12 million, and total debt of $5 million. If the profit margin is 6%, what is net income? What is ROA? What is ROE? Show your setup.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Given Sales $20 million Total Assets $ 12 million Total Debt $5 million Profit Margin Calculation of Net Income Profit margin

Add a comment
Know the answer?
Add Answer to:
DEF Co. has a sale of $20 million, total assets of $12 million, and total debt...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • DEF Co. has a sale of $20 million, total assets of $12 million, and total debt...

    DEF Co. has a sale of $20 million, total assets of $12 million, and total debt of $5 million. If the profit margin is 6%, what is net income? What is ROA? What is ROE? Show your setup.

  • Shelton, Inc., has sales of $17.5 million, total assets of $13.1 million, and total debt of...

    Shelton, Inc., has sales of $17.5 million, total assets of $13.1 million, and total debt of $5.7 million. If the profit margin is 6 percent, what is net income? What is ROA? What is ROE? Sales Total assets Total debt Profit margin $ 17,500,000 $ 13,100,000 $ 5,700,000 5% 10 Complete the following analysis. Do not hard code values in your calculations. Net income Return on assets 12 13 15 16 17 18 19 Total equity Return on equity 21

  • DTO, Inc., has sales of $33 million, total assets of $25 million, and total debt of...

    DTO, Inc., has sales of $33 million, total assets of $25 million, and total debt of $6 million. a. If the profit margin is 9 percent, what is the net income? b. What is the ROA? c. What is the ROE?

  • DTO, Inc., has sales of $40 million, total assets of $24 million, and total debt of...

    DTO, Inc., has sales of $40 million, total assets of $24 million, and total debt of $5 million. a. If the profit margin is 8 percent, what is the net income? b. What is the ROA? c. What is the ROE?

  • DTO, Inc., has sales of $16 million, total assets of $14.1 million, and total debt of...

    DTO, Inc., has sales of $16 million, total assets of $14.1 million, and total debt of $8.2 million. Assume the profit margin is 6 percent. a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round...

  • Shelton, Inc., has sales of $18 million, total assets of $16.7 million, and total debt of...

    Shelton, Inc., has sales of $18 million, total assets of $16.7 million, and total debt of $7.2 million. Assume the profit margin is 5 percent What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g. 1,234.567.) Net income What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) ROA What is the company's ROE? (Do not round...

  • DTO, Inc., has sales of $13 million, total assets of $11 million, and total debt of...

    DTO, Inc., has sales of $13 million, total assets of $11 million, and total debt of $6.4 million. Assume the profit margin is 6 percent. a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) answer as a percent rounded to 2 decimal places, e.g., 32.16.) answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's ROA? (Do not round intermediate calculations....

  • Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of...

    Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. The profit margin is 6 percent. a. What is net income? (Do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.) b. What is ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is ROE? (Do not round...

  • DTO, Inc., has sales of $17 million, total assets of $15,3 million, and total debt of...

    DTO, Inc., has sales of $17 million, total assets of $15,3 million, and total debt of $57 million. Assume the profit margin is 7 percent. a. What is the company's net income? (Do not round Intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round...

  • Inc., has sales of $21 million, total assets of $19.1 million, and total debt of $6.8...

    Inc., has sales of $21 million, total assets of $19.1 million, and total debt of $6.8 llon. Assume the profit margin is 8 percent a. What is the company's net income? (Do not round intermediate calculations. Enter b. What is the company's ROA? (Do not round intermediate calculations. Enter your c. What is the company's ROE? (Do not round intermediate calculations. Enter your your answer in dollars not in millions,e.g., 1,234,567) answer as a percent rounded to 2 decimal places,...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT