Hugh Snore Bedding has assets of $400,000 and turns over its assets 1.5 times per year. ROA
Question:
Hugh Snore Bedding has assets of $400,000 and turns over its assets 1.5 times per year. ROA is 12 percent. What is the firm's profit margin?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
Hugh Snore Bedding Sales Total assets total asset turnov...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Question Posted:
Students also viewed these Business questions
-
Billys Crystal Stores Inc. has assets of $5,960,000 and turns over its assets 1.9 times per year. Return on assets is 8 percent. What is the firms profit margin (return on sales)?
-
Elizabeth Tailors Inc. has assets of $8,940,000 and turns over its assets 1.9 times per year. Return on assets is 13.5 percent. What is the firms profit margin (returns on sales)?
-
A firm has assets of $1,800,000 and turns over its assets 2.5 times per year. Return on assets is 20 percent. What is its profit margin (return on sales)?
-
What are the costs of healthcare, where does the money come from, and where is it spent?
-
The Office of Civil Rights, an agency within the U.S. Department of Health and Human Services, is involved in investigating health care providers, amongst others, to ensure they are compliant with...
-
The financial statements of M&S (GBR) are presented in Appendix A. The company's complete annual report, including the notes to the financial statements, is available online. Instructions Refer to...
-
A normal shock propagates at \(2000 \mathrm{ft} / \mathrm{s}\) into the still air in a tube. The temperature and pressure of the air are \(80^{\circ} \mathrm{F}\) and 14.7 psia before "hit" by the...
-
A firm wants to select one new research and development project. The following table summarizes six possibilities. Considering expected return and risk, which projects are good candidates? The firm...
-
Find the derivative of the function *4-7x3+ x F(x)= in two ways: by using the Quotient Rule and by simplifying first. (Check that your answers are equivalent. Which method do you prefer?). Quotient...
-
With the following information, prepare a statement of taxable income for Arthur Young Ltd for 31 March 2021. Arthur Young Ltd has a single shareholder, Arthur. Note that: The company is GST...
-
Why is trend analysis helpful in analyzing ratios? What are the problems of trend analysis when different bases of accounting are applied to different years?
-
What effect will disinflation (after a high inflationary period) have on the reported income of the firm?Why might disinflation prove to be favourable to financial assets?
-
Figure 29.21 shows the decay series for plutonium-239. Use the information in the figure to (a) Determine the two different decay schemes by which the isotope of radon associated with this chain can...
-
How does a businesss target capital structure influence its financing decisions?
-
What is meant by the term capital rationing? From a purely financial standpoint, what is the optimal capital budget under capital rationing?
-
What is the difference between the corporate cost of capital and a project cost of capital?
-
Is the corporate cost-of-capital estimate based on historical or marginal costs? Why?
-
What is the economic interpretation of the CCC?
-
Write an SQL statement to display the SKU and SKU_Description for products having QuantityOnHand equal to 0.
-
Use the graphs of f and g to graph h(x) = (f + g) (x). To print an enlarged copy of the graph, go to MathGraphs.com. 1. 2. y 24 8. 2. -2 -2 4 6
-
Why are investors willing to pay a premium over the theoretical value (pure bond value or conversion value)?
-
Why is it said that convertible securities have a floor price?
-
How can a company force conversion of a convertible bond?
-
2.1 Explain by means of drawings how the Successive-Approximation conversion process takes place when receiving an analog voltage input. Use the KEEP/RESET method. Use 5 V input. Vref= 8 V (10) 2.2...
-
Assume that we have a Ridge regression problem with only one predictor, and the true model is linear without an intercept, i.e. Y = X + e. Assume that we have In samples, (xi, y), (x2, Y2), . . .,...
-
Please write a program that calculates the final score of multiple students using different weight of exams and assign their final grade using the following criteria: If the average grade is 90 or...
Study smarter with the SolutionInn App