Question: Diamond Eyes Inc has sales of 18 million total assets
Diamond Eyes, Inc., has sales of $18 million, total assets of $15.6 million, and total debt of $6.3 million. If the profit margin is 8 percent, what is net income? What is ROA? What is ROE?
Answer to relevant QuestionsBoom Lay Corp. has a current accounts receivable balance of $327,815. Credit sales for the year just ended were $4,238,720. What is the receivables turnover? The days’ sales in receivables? How long did it take on average ...Kindle Fire Prevention Corp. has a profit margin of 4.6 percent, total asset turnover of 2.3, and ROE of 19.14 percent. What is this firm’s debt–equity ratio?Prepare the 2012 combined common-size, common–base year balance sheet for Just Dew It.Prince Albert Canning PLC had a net loss of £45,831 on sales of £198,352. What was the company’s profit margin? Does the fact that these figures are quoted in a foreign currency make any difference? Why? In dollars, ...The most recent financial statements for GPS, Inc., are shown here:Assets and costs are proportional to sales. Debt and equity are not. A dividend of$2,300 was paid, and the company wishes to maintain a constant payout ...
Post your question