Modern Comics Inc., has sales of $2,500,000, net income of $50,000, assets worth $1,700,000, and total common stockholder equity of $1,500,000. The ROE for the firm is
a.68.00%
b. 60.00%
c.2.94%
d. 3.33%
ROE=net income/total common stockholder equity
=(50,000/1,500,000)
which is equal to
=3.33%(Approx).
Modern Comics Inc., has sales of $2,500,000, net income of $50,000, assets worth $1,700,000, and total...
spartacus inc., has sales of $4,500,000 net income of $250,000, assets worth $3,700,000 and total common stockholder equity of $2,500,000. the ROE for Spartacus is ______.
Spartacus Inc.,has sales of $4,500,000, net income of $250,000, assets worth $3,700,000 and total common stockholder equity of $2,500,000. The ROE for Spartacus is ______.
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
1. Sandhill, Inc., has net income of $14,964,000 on net sales of $348,000,000.The company has total assets of $116,000,000 and stockholders’ equity of $40,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. Profit margin: Total assets turnover: ROA: ROE: 2.Crane Sports Innovations has disclosed the following information: EBIT = $22,680,000 Net income = $12,600,000 Net sales = $81,000,000 Total debt = $34,000,000 Total assets = $84,000,000 Compute the following ratios...
Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm’s total-debt-to-total-capital ratio was 45.0%. The firm finances using only debt and common equity and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? DuPont equation: ROE = profit margin * total asset turnover * equity multiplier ROE = (NI / Sales) * (Sales / Total assets) * (Total assets / Total...
In 2015, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and equity of $2,000,000. In 2016, Bubble Inc. had net income of $600,000, assets of $7,000,000, sales of $1,300,000, and equity of $1,700,000. Is Bubble Inc’s2016 debt to total asset better than its 2015 debt to total assets? No Yes Stayed the same Not enough information to answer
Multi-Media Inc. Net income Sales Total assets Total debt. Stockholders' equity Cable Corporation $ 31,200 317.000 402 000 153,000 239 000 $ 140,000 2,700.000 965 000 542.000 423,000 page 82 a. Compute the return on stockholders' equity for both firms using Ratio 3a. Which firm has the higher return? b. Compute the following additional ratios for both finns: Net income/Sales Net income/Total assets Sales/Total assets Debt/Total assets c. Discuss the factors from part b that added or detracted from one...
Last year FBGS Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 15.0%. The firm finances using only debt and common equity and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE?
Harris Mills, Inc. has $2,500,000 in average operating assets. Their net operating income this year was $150,000. They have a return on investment (ROI) of: Group of answer choices: A. $0 B. 16.67% C. 6% D. Not enough information to calculate
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