MNC Inc. has sales of $14m in 2018. Its ROE was 15% with a total asset turnover of 3.5X. Its Debt/Equity ratio is 2/3. Find its Net Income:
Select one:
a. $720,000
b. None of the Above
c. $300,000
d. $420,000
e. $360,000
MNC Inc. has sales of $14m in 2018. Its ROE was 15% with a total asset...
ABC Corp. has sales of $24m in 2017. Its ROE was 12% with a total asset turnover of 3.0X. Its Debt/Equity ratio is 2/3. Find its Net Income: Select one: a. $720,000 b. None of the Above c. $560,000 d. $576,000 e. $420,000
ABC Corp. has sales of $24m in 2017. Its ROE was 12% with a total asset turnover of 3.0X. Its Debt/Equity ratio is 2/3. Find its Net Income.
With a Total Asset Turnover of 1.25X in 2018 for MEC Cor with no debt it generated sales of $15m. Its Basic Earning Power was 15%. With Corp. Taxes @35% Its ROE would be: Select one: a. 10.75% b. 8.5% c. 12.5% d. 9.75% e. None of the Above
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...
Total Asset Turnover for XBM with no debt in 2018 was 2.5X on assets of $20m. Its Basic Earning Power was 15%. With Corp. Taxes @35% Its ROE would be: Select one: a. 9.50% b. 10.75% c. None of the Above d. 9.75% e. 12.25%
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...
Bull Company's sales last year were $1,325,000, its ROE were 32%, and its total asset turnover wer 1.12x. Common equity in the firm's balance sheet was 55% of its total assets. What was its net income? $213,696.00 $261,184.00 $170,357.14 $208,214.29
Rippard's has a debt ratio of 27 percent, a total asset turnover ratio of 1.3 and a return on equity (ROE) of 63 percent. Compute Rippard's net profit margin. (Record your answer as a percent rounded to one decimal place but do not include the percent sign in your answer. Thus, record.32184 = 32.1% as 32.1). Your Answer: A firm has net income of $300,000 and sales of $10,000,000. Its interest expense is $200,000 and the firm's tax rate is...
2.5 Stephanie, Inc. has a profit margin of 9 percent, total asset turnover of 1.5, and ROE of 17.20 percent. What is this firm's debt-equity ratio? 2.6 For the past year, David, Inc. had a cost of goods sold of $18,364. At the end of the year, the accounts payable balance was $4,205. a. (6 points) How long on average did it take the company to payoff its suppliers during the year? b. (4 points) What might a large value...
Please post answers and indicate: Net income, total asset turnover, equity multiplier, ROA, and ROE You are considering investing in Dakota's Security Services. You have been able to locate the following information on the firm: Total assets are $33 4 mililion, accounts receivable are $4.54 milifion, ACP is 25 days, net income is $4.80 million, and debt-to-equity is 12 times. All sales are on credit. Dakota's is considering loosening its credit policy such that ACP will increase to 30 days....