Y3K, Inc., has sales of $4,600, total assets of $3,245, and a debt-equity ratio of 1.60. If its return on equity is 14 percent, what its net income?
A. $644.00
B. $174.73
C. $123.26
D. $454.30
E. $51.47
debt-equity ratio=debt/equity
Hence debt=1.6*equity
Total assets=debt+equity
3,245=1.6equity+equity
equity=3,245/(1.6+1)
=$1248.07692(Approx)
ROE=net income/equity
Net income=1248.07692*14%
=$174.73(Approx).
Y3K, Inc., has sales of $4,600, total assets of $3,245, and a debt-equity ratio of 1.60....
Y3K, Inc., has salss of $12,840 total assets of $4730 ans a debt equity ratio of .25 Y3K, Inc., has sales of $12,840, total assets of $4,730, and a debt-equity ratio of 25. If its return on equity is 14 percent, what is its net income? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income
Y3K, Inc., has sales of $6,349, total assets of $2,965, and a debt−equity ratio of 1.2. If its return on equity is 15 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
2. 500 points value Y3K, Inc., has sales of $6,229, total assets of $2,845, and a debt-equity ratio of 1.60. If its return on equity is 12 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net income
Taylor, Inc. has sales of $13,743, total assets of $8,999, and a debt/equity ratio of 0.55. If its return on equity is 17 percent, what is its net income? A. $841.18 B. $887.16 OC $986.99 OD.$927.46 E $904.10
All answers must be entered as formulas (using cell names) Y3K, Inc., has sales of $5,783, total assets of $2,604, and a debt-equity ratio of .75. If its return on equity is 11 percent, what is its net income? 4 Total assets Sales Debt-equity ratio Return on equity 2,604 5,783 0.75 11% 10 Complete the following analysis. Do not hard code values in your calculations Profit margin Net income 12 14 15 16 19 20
Lion Inc., has sales of $2676, total assets of $769, and a debt−equity ratio of 0.7. If its return on equity is 21%. What is Lion’s Net Income? (Round final answer to 2 decimal places. Do not round intermediate calculations).
Lion Inc., has sales of $3171, total assets of $1456, and a debt−equity ratio of 0.6. If its return on equity is 8%. What is Lion’s Net Income? (Round final answer to 2 decimal places. Do not round intermediate calculations).
Thyme, Inc. has total assets of $72,000, a debt-equity ratio of 0.8, and net income of $7,700. What is the return on equity? o 24.14 percent 27.78 percent 22.56 percent 19.25 percent QUESTIONS 4 points Ivy, Inc. has sales of $359,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $35,100. The tax rate is 21 percent. What is the times interest earned ratio? - O 3.21 O 4.25 2.23 O 1.94
A firm has sales of $500,000, a debt-to-equity ratio of one, and total assets of $1,000,000. If its profit margin is 5%, what is the firm’s return on equity? a) 3.3% b) 6.7 % c) 5.0 % d) 2.5 % e) Further information is needed,
Question 1(10 pts): D SS Stores has total debt of $4,910 and a debt-equity ratio of 0.52. What is the value of the total assets? a. $16,128.05 b. $7,253,40 c. $9,571.95 d. $11,034.00 e. $14,352.31 i. TJ's has annual sales of $813,200, total debt of $171,000, total equity of $396,000, and a profit margin of 5.78 percent. What is the return on assets? a. 8.29 percent b. 6.48 percent c. 9.94 percent d. 7.78 percent e. 8.02 percent ii) Bernice's...