Question

Question 3. The Timber Ridge Company has the following relationships: Sales/Total assets = 3.80; ROA =...

Question 3.

The Timber Ridge Company has the following relationships:

Sales/Total assets = 3.80; ROA = 0.0980

What is Timber Ridge’s net profit margin? Round to 3 decimal places.

Question 5

Archware Systems has total assets of $35.594
billion, total debt of $9.678 billion, and net sales of $23.720 billion. Their
net profit margin for the year was 0.22, while the operating profit
margin was 30 percent. What is Archware’s net income? (Answer needs to be stated in billions. For example: 2.83) Round to two decimal places.

QUESTION 6

Which one of the following statements is NOT true?

Question 6 options:

DSO measures in days, the time the firm takes to convert its receivables into cash.

One ratio that measures the efficiency of a firm's collection policy is days' sales outstanding.

The accounts receivables turnover ratio measures how quickly the firm collects on its credit sales.

The more days that it takes the firm to collect on its receivables, the more efficient the firm is.

QUESTION 7

Blue Air Inc., has net sales of $791,000 and accounts receivables of $169,000. What are the firm's accounts receivables turnover? Round to two decimal places.

QUESTION 8

JP Vineyards has sales of $820,000, a gross profit margin of 0.330, and inventory of $171,000. What is the company's inventory turnover ratio? Round to two decimal places.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

3.

Profit margin = roa/(sales/total assets) =0.098/3.98=0.025

please ask remaining parts seperately

Add a comment
Know the answer?
Add Answer to:
Question 3. The Timber Ridge Company has the following relationships: Sales/Total assets = 3.80; ROA =...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 2 (1 point) Boulder Mountain Ski Company has total assets of $497,600,000 and a debt...

    Question 2 (1 point) Boulder Mountain Ski Company has total assets of $497,600,000 and a debt ratio of 0.26. Calculate the company’s debt-to-equity ratio. Round to two decimal places. Question 3 (1 point) The Timber Ridge Company has the following relationships: Sales/Total assets = 2.90; ROA = 0.0920 What is Timber Ridge’s net profit margin? Round to 3 decimal places. Question 5 (1 point) Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales...

  • Torrid Romance Publishers has total receivables of $3,080, which represents 20 days sales. Total assets are...

    Torrid Romance Publishers has total receivables of $3,080, which represents 20 days sales. Total assets are $80,300 the firm operating profit margin is 5.3%. Find the firm ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.)

  • Shelton, Inc., has sales of $20 million, total assets of $17.6 milion, and total debt of...

    Shelton, Inc., has sales of $20 million, total assets of $17.6 milion, and total debt of $6.7 million. Assume the profit margin is 8 percent. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) Net income $ 1,600,000 What is the companys ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROA 9.09 % What is the company's...

  • Magic Flutes has total receivables of $4,000, which represent 20 days' sales. Total assets are $80,000....

    Magic Flutes has total receivables of $4,000, which represent 20 days' sales. Total assets are $80,000. The firm's operating profit margin is 5.50%. Assume a 365-day year. a. What is the firm's sales-to-assets ratio? (Round your answer to 2 decimal places.) Sales-to-asset ratio b. What is the firm's return on assets? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Return on assets %

  • Assume the following relationships for the Caulder Corp.: Sales/Total assets 1.2× Return on assets (ROA) 5.0%...

    Assume the following relationships for the Caulder Corp.: Sales/Total assets 1.2× Return on assets (ROA) 5.0% Return on equity (ROE) 9.0% Calculate Caulder's profit margin and debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin:   % Debt-to-capital ratio:   %

  • Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.3x Return on assets (ROA) 4.0%...

    Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.3x Return on assets (ROA) 4.0% Return on equity (ROE) 13.0% Calculate Caulder's profit margin and debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: % Debt-to-capital ratio: %

  • Required: a. Firm D has net income of $32,000, sales of $890,000, and average total assets...

    Required: a. Firm D has net income of $32,000, sales of $890,000, and average total assets of $500,000. Calculate the firm's margin, turnover, and ROI. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Margin Turnover ROI b. Firm E has net income of $62,000, sales of S1 ,000,000, and ROI of 13%. Calculate the firm's turnover and average total assets. (Do not round intermediate calculations. Round "Turnover" answer to 1 decimal place.) Turnover Average total assets...

  • Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets...

    Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets of $545,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $79,000, sales of $1,100,000, and ROI of 14%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12.60%, average total assets of $1,759,800, and turnover of 1.80. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in...

  • Assume the following relationships for the Caulder Corp.: Sales/Total assets 1.5x Return on assets (ROA) 5%...

    Assume the following relationships for the Caulder Corp.: Sales/Total assets 1.5x Return on assets (ROA) 5% Return on equity (ROE) 14% Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places. % Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places.

  • Assume the following relationships for the Caulder Corp.: 1.5x Sales/Total assets Return on assets (ROA) Return...

    Assume the following relationships for the Caulder Corp.: 1.5x Sales/Total assets Return on assets (ROA) Return on equity (ROE) 6% 12% a. Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places. % b. Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places. %

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT