Based on the following information, calculate the sustainable growth rate for Perks, Inc.: Profit margin = 5.2%
Question:
Based on the following information, calculate the sustainable growth rate for Perks, Inc.:
Profit margin = 5.2%
Total asset turnover = 1.90
Total debt ratio = .30
Payout ratio = 15%
What is the ROA here?
Asset TurnoverAsset 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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
Input area Profit margin 520 Total asset ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
Based on the following information, calculate the sustainable growth rate for Kaylas Heavy Equipment: Profit margin = 7.3% Capital intensity ratio = .95 Debt-equity ratio = 1.05 Net income = $84,000...
-
Sustainable Growth Based on the following information calculates the sustainable growth rate for Hendrix Guitars, Inc.: Profit margin = 6.4% Total asset turnover = 1.70 Total debt ratio = .40 Payout...
-
Calculate the internal and sustainable growth rate for Lake of Egypt Marina,Inc. Lake of Egypt Marina, Inc Balance Sheet as of December 31,2015 and 2014 in millions of dollars Assets 2015 2014...
-
Your independent film production company owns the rights to a script for a rom-com movie. They estimate that the script would cost $30 million to make into a movie, which would have a 35% chance of...
-
For the following test marketing project at week 6: a. Ignore the far right % Complete column and using the 5050 percent completion rule for PV and EV, calculate the cost, schedule, and time...
-
Calculate the electrical conductivity of nickel at 250C and at 1500C.
-
A single plate clutch of both sides effective has outer and inner radii as 300 and \(200 \mathrm{~mm}\). The maximum intensity of pressure at any point in the contact surface should not exceed to...
-
A sum of money invested at 2% per 6-month period (semiannually), will double in amount in approximately how many years?
-
Differentiate between accelerator principle of investment and investment multiplier. Explain the determinants of induced investment in an economy. Given C=a+bY, explain "a" and "b" and then sketch...
-
A cubic block of mass m and side length b is placed on a smooth floor. A smooth and rigid rod of length L and with negligible mass is leaning against the block. A sphere of mass M is attached to the...
-
A firm wishes to maintain an internal growth rate of 7.1 percent and a dividend payout ratio of 25 percent. The current profit margin is 5.7 percent and the firm uses no external financing sources....
-
You've collected the following information about Erna, Inc.: Sales = $275,000 Net income = $19,000 Dividends = $8,100 Total debt = $67,000 Total equity = $91,000 What is the sustainable growth rate...
-
Reduce each fraction to simplest form. w8 w2 w + 2w + 4
-
Explain why only about 5 percent of adults buy long-term care coverage.
-
The market for higher education is another example where a high degree of information asymmetry is likely. What mechanisms have evolved to help students in their choice of schools and classes within...
-
The rate of return on investment in medical education exceeds that for other professions. What are arguments for and against government subsidies?
-
What are the principal differences among HMO, PPO, and POS plans?
-
Suppose that the market demand for medical care is summarized by the demand function: and the market supply is summarized by the supply function: (a) Calculate the equilibrium quantity and price,...
-
Among the following choices, the group that activates the benzene ring toward electrophilic aromatic substitution is (a) NO 2 ; (b) 2CF 3 ; (c) CO 2 H; (d) OCH 3 ; (e) Br.
-
Several months have passed and the Managing Partner approved and properly filed the Complaint and properly submitted the Request for Production of Documents that you drafted. In fact, it has been 75...
-
Crossover Bonds Looking back at the crossover bonds we discussed in the chapter, why do you think split ratings such as these occur?
-
Crossover Bonds Looking back at the crossover bonds we discussed in the chapter, why do you think split ratings such as these occur?
-
Municipal Bonds why is it that municipal bonds are not taxed at the federal level, but are taxable across state lines? Why are U.S. Treasury bonds not taxable at the state level? (You may need to...
-
A 0.2 kg ball is thrown upward with and initial speed of 10 m/s. a. What is the force acting on the ball when it reaches half of its maximum height? b. What is the force on the ball when it reaches...
-
An igneous rock has a mass of 5 Kg. a. What is its weight on the moon, where the acceleration due to gravity is one sixth that on Earth? b. What is its weight in Jupiter, where the acceleration due...
-
A 50 Kg toolbox is being push along the floor by a 100 N horizontal force. Friction between the floor surface and the box is 20 N. What is the acceleration of the box?
Study smarter with the SolutionInn App