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Shelton, Inc., has sales of $20 million, total assets of $17.6 milion, and total debt of $6.7 million. Assume the profit margin is 8 percent. What is the companys net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) Net income $ 1,600,000 What is the companys ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROA 9.09 % What is the companys ROE? (Do not round interfnediate calculations. Enter your answer as a p rounded to 2 decimal places, e.g., 32.16.) ercent ROE 14.6 %
a current accounts receivable balance of $333,000. Credit sales for the year just ended were $4,015,980 What is the answer to 2 decimal places, e.g., 32.16.) companys receivables turnover? (Do not round intermediate calculations. Round your Receivables turnover times What is the companys days sales in receivables? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g, 32.16.) Days sales in receivables days average for credit customers to pay off their accounts during the past year? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places e.g., 32.16.) Average collection period days
The Green Corporation has ending inventory of $482,650, and cost of goods sold for the year just ended was $4,807,194. What is the inventory turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Inventory turnover times What is the days sales in inventory? (Use 363 days a year. Do not round intermediate calculations Round your answer to 2 decimal places, e.g., 32.16.) Days sales in inventory How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do days not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Days on shelf in inventory days
Levine, Inc., has a total debt ratio of .49. What is its debt-equity ratio? (Do not r calculations. Round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio What is its equity multiplier? (Do not round intermediate calculations. Round your ar places, e.g., 32.16.) Equity multiplier
SME Company has a debt-equity ratio of.60. Return on assets is 7.9 percent, and total equity is $510,000. What is the equity multiplier? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Equity multiplier What is the return on equity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Return on equity What is the net income? (Do not round intermediate calculations. Round your answer to the nearest whole number, e.g., 32.) Net income
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Answer to Shelton Inc, Problem (First question in the list Net Income Sales x Profit Margin % ROA Net Income/Total Assets ROE Net Income /shareholders Equity Sales Profit Margin % Net Income Total Assets Return on Assets (ROA) $20,000,000 8% $1,600,000 [$20,000,000 x896] $17,600,000 50 9.09% [$1,600,000 / $17,600,000-0.0909-9.09%) Total Assets Less: Total Debt Shareholders Equity$10,900,000 Net Income Return on Equity (ROE) $17,600,000 [Given] $6,700,000 $1,600,000 [As calculated] 14.68% [$1,500,000 / $10,900,000 0.1468-14.68%)

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