Homework Answers
Return on Equity=Net Profit after Taxes/Sales*Total Asset
Turnover*Equity Multiplier=23000/640000*4.17*1.67=25.03%
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P.3) A company has sales of $640,000 and net profit after taxes of $23,000, a total...
A company has sales of $640,000, net profit after taxes of $23,000, and a total asset...
A company has sales of $640,000, net profit after taxes of $23,000, and a total asset turnover of 2.5. What is the return on assets? Show your work. A) 3.6% B) 4.5% C) 8.1% D) 9.0%
Annual Data Net sales Gross profit on sales 2019 2018 $9,000,000 $8,200,000 3,050,000 2,736,000 567,600 500,000 Net inc...
Annual Data Net sales Gross profit on sales 2019 2018 $9,000,000 $8,200,000 3,050,000 2,736,000 567,600 500,000 Net income Year-End Data Total assets Stockholders' equity Dec. 31, 2019 Dec. 31, 2018 $6,500,000 $6,000,000 5,000,000 3,200,000 Calculate the following ratios for 2019: Note: Round answers to one decimal place, unless otherwise noted. a. Gross profit percentage b. Return on sales C. Asset turnover (Round answer to two decimal places.) d. Return on assets e. Return on common stockholders' equity (Jay Company has...
Problem 3-5 ROE Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of...
Problem 3-5 ROE Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.6. Its sales are $110 million and it has total assets of $60 million. What is its Return on Equity (ROE)? Round your answer to two decimal places. 이 Problem 3-6 DuPont Analysis Gardial & Son has an ROA of 11%, a 3% profit margin, and a return on equity equal to 17%. 1. What is the company's total assets turnover? Round your answer...
The Cavo Company has an ROA of 10 percent, a profit margin of 12.75 percent, and...
The Cavo Company has an ROA of 10 percent, a profit margin of 12.75 percent, and an ROE of 18.75 percent. What is the company’s total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Total asset turnover times What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Equity multiplier times
The Taylor Company has an ROA of 7.6 percent, a profit margin of 5.2 percent, and...
The Taylor Company has an ROA of 7.6 percent, a profit margin of 5.2 percent, and an ROE of 14 percent. a. What is the company's total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) times a. Total asset turnover b. Equity multiplier times
Total assets Total shareholders' equity Net sales Cost of goods sold Net income 2018 $357,000 136,000...
Total assets Total shareholders' equity Net sales Cost of goods sold Net income 2018 $357,000 136,000 503,000 379,000 32,700 2017 $285,000 97,500 394,000 277,000 29,800 2016 $267,000 48,500 297,000 181,000 20,400 Macaron had no preferred shares. Your answer is partially correct. Try again. Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return an common shareholders' equity ratios for 2018 and 2017. (Round gross profit margin, profit margin, return on assets and return on equity to...
Sandhill, Inc., has net income of $13,020,000 on net sales of $372,000,000.The company has total assets...
Sandhill, Inc., has net income of $13,020,000 on net sales of $372,000,000.The company has total assets of $124,000,000 and stockholders' equity of $50,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin Total assets turnover times ROA ROE
The return on assets (ROA) model measures: Group of answer choices net profit divided by total...
The return on assets (ROA) model measures: Group of answer choices net profit divided by total assets multiplied by the asset turnover net profit margin times the equity multiplier net profit margin times asset turnover revenues divided by net profit times the asset turnover
Computer Geeks has sales of $566980, a profit margin of 0.53, a total asset turnover rate...
Computer Geeks has sales of $566980, a profit margin of 0.53, a total asset turnover rate of 1.13, and an equity multiplier of 1.39. What is the return on equity?
The Dahlia Company has net income of $155,850. There are currently 27.85 days' sales in receivables....
The Dahlia Company has net income of $155,850. There are currently 27.85 days' sales in receivables. Total assets are $844,000, total receivables are $146,900, and the debt-equity ratio is .45 What is the company's profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Profit margin What is the company's total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Total...
Annual Data Net sales Gross profit on sales 2019 2018 $9,000,000 $8,200,000 3,050,000 2,736,000 567,600 500,000 Net income Year-End Data Total assets Stockholders' equity Dec. 31, 2019 Dec. 31, 2018 $6,500,000 $6,000,000 5,000,000 3,200,000 Calculate the following ratios for 2019: Note: Round answers to one decimal place, unless otherwise noted. a. Gross profit percentage b. Return on sales C. Asset turnover (Round answer to two decimal places.) d. Return on assets e. Return on common stockholders' equity (Jay Company has...
Problem 3-5 ROE Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.6. Its sales are $110 million and it has total assets of $60 million. What is its Return on Equity (ROE)? Round your answer to two decimal places. 이 Problem 3-6 DuPont Analysis Gardial & Son has an ROA of 11%, a 3% profit margin, and a return on equity equal to 17%. 1. What is the company's total assets turnover? Round your answer...
The Taylor Company has an ROA of 7.6 percent, a profit margin of 5.2 percent, and an ROE of 14 percent. a. What is the company's total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) times a. Total asset turnover b. Equity multiplier times
Total assets Total shareholders' equity Net sales Cost of goods sold Net income 2018 $357,000 136,000 503,000 379,000 32,700 2017 $285,000 97,500 394,000 277,000 29,800 2016 $267,000 48,500 297,000 181,000 20,400 Macaron had no preferred shares. Your answer is partially correct. Try again. Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return an common shareholders' equity ratios for 2018 and 2017. (Round gross profit margin, profit margin, return on assets and return on equity to...
Sandhill, Inc., has net income of $13,020,000 on net sales of $372,000,000.The company has total assets of $124,000,000 and stockholders' equity of $50,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin Total assets turnover times ROA ROE
The Dahlia Company has net income of $155,850. There are currently 27.85 days' sales in receivables. Total assets are $844,000, total receivables are $146,900, and the debt-equity ratio is .45 What is the company's profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Profit margin What is the company's total asset turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Total...
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