Highgate Computer Company produces $2 million in profits from $28 million in sales It has total assets of $15 million a Calculate Highgates total asset turnover and its net profit margin b Find the companys ROA, ROE, and book value per share, given that it has a total net worth of $6 million and 50...

a b The might want to show that ROA can also be foun ...

Highgate Computer Company produces $2 million in profits from $28 million in sales. It has total assets

Question:

Highgate Computer Company produces $2 million in profits from $28 million in sales. It has total assets of $15 million.
a. Calculate Highgate’s total and its net profit margin.
b. Find the company’s ROA, ROE, and book value per share, given that it has a total net worth of $6 million and 500,000 shares of outstanding.
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.