Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE?
Wakers, Inc., has sales of $29 million, total assets of $17.5 million, and total debt of $6.3 million. If the profit margin is 8 percent, what is the net income? What is the ROA? What is the ROE?
Country Boy, Inc. has sales of $24 million, total assets of $18 million, and total debt of $7 million.Required: (a)If the profit margin is 8 percent, what is the net income?(a)$1,920,000(b)$1,440,000(c)$880,000(d)$1,730,000(e)$2,000,000
Nike has sales of $29 million, total assets of $17.5 million, and total debot of $6.3 million, the profit markgin is 8%. What is the net income?
The Burger Hut has sales of $29 million, total assets of $43 million, and total debt of $13 million. The profit margin is 11 percent. What is the return on equity
"The Shannon Corp has credit sales of $20 million. Given the following ratios, fill in the balance sheet. Please show all of your work.Total asset turnover - 2xTotal debt to assets - 30%Current Ratio - 3xinventory turnover - 5xaver collection period - 18 daysfixed asset turnover -...
Benelux Corp. has assets of $300 million. Sales =$350 million. VariableOperating Costs are 60% of Sales. Fixed Costs are $35 million. The corporatetax rate is 40%. The cost of equity ks is 15%. Benelux Corp. is a no-growthrm and 20% of its earnings are paid out as dividends. Moreover earningsare...