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3. If net profit is 3 percent, asset turnover is 6, and financial leverage is 2.1....
3. If net profit is 3 percent, asset turnover is 6, and financial leverage is 2.1. what is the return on assets? What does your result mean in your own words? The Card Shoppe last year had a gross margin of $1,500,000, a net profit of $250,000, and net sales were $2,000,000. What was the Card Shoppe's net profit margin? What does your result mean in your own words? A retailer has a net profit of $1,000,000, total assets of...
If a retailer has a net profit margin of 3 percent, asset turnover of 4.0x, and financial leverage of 2.0x, then its return on net worth is? The answer is 24% I just do not know how to get that answer. Please explain how to get 24%
A company has a financial leverage ratio of 2.0, net profit margin of 3%, fixed asset turnover of 10.0, total assset turnover of 4.0, and a debt to equity ratio of 1.0. What is ROE?
Loreto Inc. has the following financial ratios: asset turnover = 2.00; net profit margin (i.e., net income/sales) = 4%; payout ratio = 35%; equity/assets = 0.30. a. What is Loreto's sustainable growth rate? b. What is its internal growth rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
HomeSafe Inc. has a 16% Net Profit Margin, a 1.7 Total Asset Turnover, and a 2.5 financial leverage. What is the company's ROE? Answer in %, i.e., if your answer is 10%, type 10 as the answer. Round to the nearest 1%
Consider a retailing firm with a net profit margin of 3.5%, a total asset turnover of 1.87, total assets of $44.3 million, and a book value of equity of $17.3 million. a. What is the firm's current ROE? b. If the firm increased its net profit margin to 4.0%, what would be its ROE? c. If, in addition, the firm increased its revenues by 23% (while maintaining this higher profit margin and without changing its assets or liabilities), what would...
Consider a retail firm with a net profit margin of 3.14%, a total asset turnover of 1.87, total assets of $45.2 million, a. What is the firm's current ROE? b. If the firm increased its net profit margin to 3.82%, what would be its ROE? C. If, in addition, the firm increased its revenues by 16% (maintaining this higher profit margin and without changing its assets or liabilities), what would be its ROE? a. What is the firm's current ROE?...
A company has a net profit margin of 12.0%, asset turnover of 0.6, and a liabilities-to-asset ratio of 55.0 percent. What is the ROE?
Compute ROA, Profit Margin, and Asset Turnover Refer to the financial information for Target Corporation, presented below: Target Corporation Balance Sheets January 31, February 1, ($ millions) 2015 2014 Assets Cash and cash equivalents $2,210 $670 Inventory 8,790 8,278 Other current assets 3,087 2,625 Total current assets 14,087 11,573 Property and equipment, net 25,958 26,412 Other noncurrent assets 1,359 6,568 Total assets $41,404 $44,553 Liabilities and shareholders' investment 59 Accounts payable Accrued and other current liabilities Current portion of long-term...
Which of the follow affects ROE? a. Net Profit Margin b. Total Asset Turnover c. Equity Multiplier (leverage) d. A, B and C e. A and B