Homework Answers
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| The Robinson Hotel | Amount $ | Note |
| Total assets | 5,000,000.00 | A |
| Asset turnover | 1.50 | B |
| Total sales | 7,500,000.00 | C=A*B |
| Total sales | 7,500,000.00 | See C |
| Return on sales | 5% | D |
| Net Income | 375,000.00 | E=C*D |
| Net Income | 375,000.00 | See E |
| Return on equity | 10% | F |
| Total equity | 3,750,000.00 | G=E/F |
| Total assets | 5,000,000.00 | See A |
| Total debt | 1,250,000.00 | H=A-G |
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