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Bull Company's sales last year were $1,325,000, its ROE were 32%, and its total asset turnover...
Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its...
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...
DuPONT AND NET INCOME Precious Metal Mining has $15 million in sales, its ROE is 17%,...
DuPONT AND NET INCOME Precious Metal Mining has $15 million in sales, its ROE is 17%, and its total assets turnover is 2.5x. Common equity on the firm's balance sheet is 55% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediate steps.
Arshadi Corp.'s sales last year were $67,000, and its total assets were $22,000. What was its...
Arshadi Corp.'s sales last year were $67,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)? Select the correct answer. Arshadi Corp.'s sales last year were $67,000, and its total assets were $22,000. What was its total assets turnover ratio (TATO)? Select the correct answer. a. 1.85 b. 3.05 c. 3.45 d. 2.25 e. 2.65 Orono Corp.'s sales last year were $585,000, its operating costs were $362,500, and its interest charges were $12,500. What was...
Billy Bob Corp.'s sales last year were $12921,000, its total assets were $1,500,000, common equity was...
Billy Bob Corp.'s sales last year were $12921,000, its total assets were $1,500,000, common equity was $1,000,000, and its net income after taxes was $109,000. What was its total asset turnover (TAT)? (answer in format x.xx , with no 'X' sign needed.)
Please post answers and indicate: Net income, total asset turnover, equity multiplier, ROA, and ROE You...
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....
aps Book Precious Metal Mining has $8 million in sales, its ROE is 10%, and its...
aps Book Precious Metal Mining has $8 million in sales, its ROE is 10%, and its total assets turnover is 3.2x. Common equity on the firm's balance sheet is 45% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Do not round intermediate calculations. Round your answer to the nearest cent. IPS $
The annual sales for Salco, Inc. were $ 4.51 million last year. The firm's end-of-year balance sheet was as follo...
The annual sales for Salco, Inc. were $ 4.51 million last year. The firm's end-of-year balance sheet was as follows: Current assets $510,000 Liabilities $1,016,500 Net fixed assets 1,523,000 Owners' equity 1,016,500 Total Assets 2,033,000 Total $2,033,000 Salco's income statement for the year was as follows: Sales $4,510,000 Less: Cost of goods sold (3,507,000) Gross profit $1,003,000 Less: Operating expenses (496,000) Net operating income $507,000 Less: Interest expense (91,000) Earnings before taxes $416,000 Less: Taxes (35 %35%) (145,600) Net income...
Last year FBGS Inc. had sales of $325,000 and a net income of $19,000, and its...
Last year FBGS 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 15.0%. 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?
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 mi...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 125 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 12 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Ebersoll Mining has $430,000 in sales,its ROE is 16.25%, and its total assets turnover is 5.30×....
Ebersoll Mining has $430,000 in sales,its ROE is 16.25%, and its total assets turnover is 5.30×. The company is 73% equity financed, and it has no preferred stock outstanding. What is its net income?
DuPONT AND NET INCOME Precious Metal Mining has $15 million in sales, its ROE is 17%, and its total assets turnover is 2.5x. Common equity on the firm's balance sheet is 55% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediate steps.
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....
aps Book Precious Metal Mining has $8 million in sales, its ROE is 10%, and its total assets turnover is 3.2x. Common equity on the firm's balance sheet is 45% of its total assets. What is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Do not round intermediate calculations. Round your answer to the nearest cent. IPS $
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 125 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 12 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
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