ZuoTi.Pro
Question

Y3K, Inc., has sales of $5,783, total assets of $2,604, and a debt-equity ratio of .75. If its return on equity is 11 percent, what is its net income? Total assets Sales Debt-equity ratio Return on equity 2,604 5,783 0.75 11% Complete the following analysis. Do not hard code values in your calculations. Profit margin Net income

I am required to solve this by entering the solution into Excel. I know the answer, but it keeps telling me it's incorrect. Please help!!

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

The answer has been presented in the supporting sheet with explanation. Net profit is $ 163.68 and profit margin is 2.83%. For detailed answer refer the supporting sheet.

e the t Let equitybe 35 Total usbum qity isbii 15 Total lisbii 1:75 148요 오X 163:63 ユ 2.83

0 1
Add a comment
Know the answer?
Add Answer to:
I am required to solve this by entering the solution into Excel. I know the answer,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

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

  • All answers must be entered as formulas (using cell names) Y3K, Inc., has sales of $5,783,...

    All answers must be entered as formulas (using cell names) Y3K, Inc., has sales of $5,783, total assets of $2,604, and a debt-equity ratio of .75. If its return on equity is 11 percent, what is its net income? 4 Total assets Sales Debt-equity ratio Return on equity 2,604 5,783 0.75 11% 10 Complete the following analysis. Do not hard code values in your calculations Profit margin Net income 12 14 15 16 19 20

  • Using the DuPont identity - Excel REVIEW VIEW Sign In HOME INSERT PAGE LAYOUT FORMULAS DATA...

    Using the DuPont identity - Excel REVIEW VIEW Sign In HOME INSERT PAGE LAYOUT FORMULAS DATA Calibri 11 A A -A Alignment Number Conditional Format as Cell Paste < Clipboardr A1 FormattingTable Styles- Font Styles Y3K, Inc., has sales of $5,783, total assets of $2,604, and a debt-equity ratio of .75. If its return on equity is 11 percent, what is its net income? 4 Total assets Sales Debt-equity ratio Return on equity 2,604 5,783 0.75 11% 10 Complete the...

  • Please show using the formula in excel X Usinq the DuPont identity - Excel Sign In...

    Please show using the formula in excel X Usinq the DuPont identity - Excel Sign In DATA FILE HOME INSERT PAGE LAYOUT FORMULAS REVIEW VIEW 1 Arial 12 A A Conditional Format as Cell Paste Cells Alignment Number Editing B IU T FormattingTable Styles Clipboard Font Styles X D14 A C D Е F G K 1. 2 Y3K, Inc., has sales of $5,783, total assets of $2,604, and a debt-equity ratio of .75. If its return on equity is...

  • All answers must be entererd as formulas two different questions CHAPTER 3 Saved Help Save &...

    All answers must be entererd as formulas two different questions CHAPTER 3 Saved Help Save & Exit Submit E F G If Roten Rooters, Inc., has an equity multiplier of 1.15, total asset turnover of 2.10, and a profit margin of 6.1 percent, what is its ROE? 1.15 Equity multiplier Total asset turnover Profit margin 2.10 6.10% Complete the following analysis. Do not hard code values in your calculations. Return on equity CHAPTER 3 Saved Help Save & Exit Submit...

  • Y3K, Inc., has salss of $12,840 total assets of $4730 ans a debt equity ratio of...

    Y3K, Inc., has salss of $12,840 total assets of $4730 ans a debt equity ratio of .25 Y3K, Inc., has sales of $12,840, total assets of $4,730, and a debt-equity ratio of 25. If its return on equity is 14 percent, what is its net income? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income

  • DuPont Identity

    Using the Du Pont IdentityY3K, inc. has sales of $3,100, total assets of $1,580, and a debt equity ratio of 1.20. If its return on equity is 16 percent, what is its net income?

  • Y3K, Inc., has sales of $4,600, total assets of $3,245, and a debt-equity ratio of 1.60....

    Y3K, Inc., has sales of $4,600, total assets of $3,245, and a debt-equity ratio of 1.60. If its return on equity is 14 percent, what its net income? A. $644.00 B. $174.73 C. $123.26 D. $454.30 E. $51.47

  • Y3K, Inc., has sales of $6,349, total assets of $2,965, and a debt−equity ratio of 1.2....

    Y3K, Inc., has sales of $6,349, total assets of $2,965, and a debt−equity ratio of 1.2. If its return on equity is 15 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  • 2. 500 points value Y3K, Inc., has sales of $6,229, total assets of $2,845, and a...

    2. 500 points value Y3K, Inc., has sales of $6,229, total assets of $2,845, and a debt-equity ratio of 1.60. If its return on equity is 12 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income

  • All answers must be entered as formulas on excel CHAPTER 3 Saved Help Save & Exit Submit Shelton, Inc., has sale...

    All answers must be entered as formulas on excel CHAPTER 3 Saved Help Save & Exit Submit 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 6% Complete the following analysis. Do not hard code values in your calculations. Net income Return on assets...

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