Question 1(10 pts): D SS Stores has total debt of $4,910 and a debt-equity ratio of...
Smith & Sons has a debt-equity ratio of.55. What is the total debt ratio? Select one: a. .46 b. .55 c. .51 d. .49 e. .35 Glen Acre Wines has sales of $682,100, total debt of $285,000, total equity of $323,900, and a profit margin of 8 %. What is the return on assets? Select one: a. 9.17 % b. 9.11 % c. 6.28 % d. 9.03 % e. 8.96 %
11) A firm has total debt of $1500 and a debt–equity ratio of 0.35. What is the value of the total assets? 11) ______ A) $4285.71 B) $3500.00 C) $5785.71 D) $5250.00 E) $2025.00 12) Mario's Home Systems has sales of $2820, costs of goods sold of $2160, inventory of $504, and accounts receivable of $430. How many days, on average, does it take Mario's to sell its inventory? 12) ______ A) 55.66 days B) 85.17 days C) 84.00 days D) 72.66 days E) 65.23 days
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
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,
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
Major Electric Corporation (MEC) has a Return on Equity of 20% and Total Debt Ratio = 0.30. If its total debt is $500,000 and its sales = $2,000,000, what is the return on assets? a. 0.75 b. 0.14 c. 1.50 d. 2.00
5 Williams Incorporated has the following data: Assets: $1,500,000 Interest rate: 6.5% Debt ratio: 27.0% Total Assets turnover: Tax rate: 40.0% Profit margin: 12% 1.48 What is the company's Operating Income? a. $266,400 b. $292.725 c. $470,325 d. $444,000 e. None of the above 100,000 The Du Pont equations for a company and its industry are shown belov ROE = PM X AT XEM Company: 30.44% = 12% x 1.51 X 1.68 Industry: 20.59% = 13% x 1.32 x 1.20...
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
The Upper Tier has a current debt-equity ratio of .52 and a target debt-equity ratio of .45. The cost of floating equity is 9.5 percent and the flotation cost of debt is 6.6 percent. What should the firm use as their weighted average flotation cost? a. 7.76% b. 8.33% c. 8.01% d. 8.52% e. 8.60%
Mercer Inc. has a debt-to-equity ratio of 0.40. The required return on the company’s unlevered equity is 12%, and the pretax cost of the firm’s debt is 8%. Sales revenue for the company is expected to remain stable indefinitely at last year’s level of $18,300,000. Variable costs (including SG & A expenses) are 65 percent of sales. The corporate tax rate is 29%. The company distributes all its earnings as dividends at the end of each year. a. If the company...