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The equity multiplier for Blossom Corporation is 1.90, its EBIT return on assets (EROA) is 0.07,...
Chapter 3 12. Equity Multiplier and Return on Equity (L04) Bowsman Fried Chicken Company has a...
Chapter 3 12. Equity Multiplier and Return on Equity (L04) Bowsman Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 7.9%, and total equity is $480,000. What is the equity multiplier? Net income? Return on equity?
If Roten Rooters, Inc., has an equity multiplier of 1.55, total asset turnover of 1.90, anda...
If Roten Rooters, Inc., has an equity multiplier of 1.55, total asset turnover of 1.90, anda profit margin of 6.5 percent, what is its ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROE
Problem 3-10 Equity Multiplier and Return on Equity [LO 2] Pickler Company has a debt-equity ratio...
Problem 3-10 Equity Multiplier and Return on Equity [LO 2] Pickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the...
ROE Needham Pharmaceuticals has a profit margin of 2.5% and an equity multiplier of 2.3. Its...
ROE Needham Pharmaceuticals has a profit margin of 2.5% and an equity multiplier of 2.3. Its sales are $120 million and it has total assets of $56 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.
8. Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.6. Its...
8. 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 $52 million. What is its Return on Equity (ROE)? Round your answer to two decimal places. Ans: ___________%
a company's return on equity is greater than its required return on equity. the earnings multiplier...
a company's return on equity is greater than its required return on equity. the earnings multiplier (p/e) for that company's stock is most likely to be positively related to the a. risk free rate b. market risk premium c. earnings retention ratio d. stocks capital asset pricing model beta
1. A firm has a profit margin of 3% and an equity multiplier of 2.0. Its...
1. A firm has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $500 million, and it has total assets of $150 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places. % 2. Baker Industries’ net income is $26,000, its interest expense is $5,000, and its tax rate is 45%. Its notes payable equals $23,000, long-term debt equals $80,000, and common equity equals $250,000. The firm finances...
Cullell Allempl PIUSICS The general ledger of Blossom Corporation as of December 31, 2021, includes the...
Cullell Allempl PIUSICS The general ledger of Blossom Corporation as of December 31, 2021, includes the following accounts: $ 37000 14000 57000 Copyrights Deposits with advertising agency (will be used to promote goodwill) Discount on bonds payable Excess of cost over fair value of identifiable net assets of Acquired subsidiary Trademarks 350000 89000 In the preparation of Blossom's balance sheet as of December 31, 2021, what should be reported as total intangible assets? $490000. $439000. $476000. $453000.
Return on equity can be calculated as ROA × Equity multiplier. What is another way to...
Return on equity can be calculated as ROA × Equity multiplier. What is another way to express this equation? a)ROE = ROA × (1 + Debt − Equity Ratio) b)ROE = ROA × Profit Margin c)ROE = ROA × Total asset Turnover d)ROE = ROA × (1 − Equity multiplier) e) ROE = ROA × Operating efficiency
SME Company has a debt-equity ratio of 57. Return on assets is 7.9 percent, and total...
SME Company has a debt-equity ratio of 57. Return on assets is 7.9 percent, and total equity is $620,000 a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations and round your...
Chapter 3 12. Equity Multiplier and Return on Equity (L04) Bowsman Fried Chicken Company has a debt-equity ratio of 0.80. Return on assets is 7.9%, and total equity is $480,000. What is the equity multiplier? Net income? Return on equity?
If Roten Rooters, Inc., has an equity multiplier of 1.55, total asset turnover of 1.90, anda profit margin of 6.5 percent, what is its ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROE
Problem 3-10 Equity Multiplier and Return on Equity [LO 2] Pickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the...
ROE Needham Pharmaceuticals has a profit margin of 2.5% and an equity multiplier of 2.3. Its sales are $120 million and it has total assets of $56 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.
Cullell Allempl PIUSICS The general ledger of Blossom Corporation as of December 31, 2021, includes the following accounts: $ 37000 14000 57000 Copyrights Deposits with advertising agency (will be used to promote goodwill) Discount on bonds payable Excess of cost over fair value of identifiable net assets of Acquired subsidiary Trademarks 350000 89000 In the preparation of Blossom's balance sheet as of December 31, 2021, what should be reported as total intangible assets? $490000. $439000. $476000. $453000.
SME Company has a debt-equity ratio of 57. Return on assets is 7.9 percent, and total equity is $620,000 a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations and round your...
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