Beckinsale. Inc., has a profit margin of 5.8 percent on sales of $14,500,000. If the firm has
Question:
Beckinsale. Inc., has a profit margin of 5.8 percent on sales of $14,500,000. If the firm has debt of $7,300,000 and total assets of $11.200.000, what is the firm's ROA?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
Return on Assets ROA is the indicator of how much ...View the full answer
Answered By
Kainat Shabbir
i am an experienced qualified expert with a long record of success helping clients overcome specific difficulties in information technology, business and arts greatly increasing their confidence in these topics. i am providing professional services in following concerns research papers, term papers, dissertation writing, book reports, biography writing, proofreading, editing, article critique, book review, coursework, c++, java, bootstarp, database.
5.00+
184+ Reviews
255+ Question Solved
Related Book For
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Cost Accounting questions
-
Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the firm has debt of $7.5 million and total assets of $22.5 million, what is Grady's return on assets? (i). 13.3% (ii)....
-
If Roten Rooters, Inc., has an equity multiplier of 1.45, total asset turnover of 1.80, and a profit margin of 5.5 percent, what is its ROE?
-
If Alexander, Inc., has an equity multiplier of 2.50, total asset turnover of 1.15, and a profit margin of 6.4 percent, what is its ROE?
-
How many circuits are required to accommodate kitchen appliances in an average size home?
-
Describe the trade-offs associated with taking hotel reservations from customers who pay lower rates than same-day customers.
-
You like to put applicants at ease right away, so you usually start interviews by asking a humorous question to break the tension while also revealing something about the candidate's personality and...
-
What is the main regulatory condition of Basel I? What are the standard criticisms of Basel I?
-
Leach Company borrowed $80,000 cash by issuing a note payable on June 1, Year 1. The note had an 8 percent annual rate of interest and a one-year term to maturity. Required a. What amount of interest...
-
The cash account for the Justice Company at June 30, 20X8 indicated a balance of $5900. The bank statement indicated a balance of $5800 on June 30, 20X8. Comparing the bank statement and the...
-
Evaluate the matrix elements (or expectation values) given below. If any vanishes, explain why it vanishes using simple symmetry (or other) arguments. [In (a) and (b), |nlm stands for the energy...
-
The Cavo Company has an ROA of 8.1 percent, a profit margin of 5.8 percent, and an ROE of 16 percent. What is the company's total asset turnover? What is the equity multiplier?
-
Aguilera, Inc., has sales of $13.5 million, total assets of $8.7 million, and total debt of $4.1 million. If the profit margin is 7 percent, what is net income? What is ROA? What is ROE?
-
The following information relates to a companys accounts receivable: gross accounts receivable balance at the beginning of the year, $300,000; allowance for uncollectible accounts at the beginning of...
-
To complement the baseball-pitching machines at the sports complex where you work, you have designed a catching machine using a mitt, a spring, and a latch that locks the spring in place when the...
-
In testing the claim that the mean IQ score of statistics students is greater than 100, the alternative hypothesis is expressed as > 100. Decide whether the statement makes sense (or is clearly...
-
Your \(1000-\mathrm{kg}\) car, moving at \(7.0 \mathrm{~m} / \mathrm{s}\), approaches the bottom of a hill that is \(20 \mathrm{~m}\) high (Figure P9.60). To save gas, you use on average only \(3.3...
-
In testing a claim about a population mean, a larger z test statistic always results in a larger P-value. Decide whether the statement makes sense (or is clearly true) or does not make sense (or is...
-
z = -2.4 for H a : < 727 Find the P-value that corresponds to the standard z-score, and determine whether the alternative hypothesis is supported at the 0.05 significance level.
-
In Problem evaluate each integral. V = dx x - 36
-
If a process has a six-sigma capability, what is the process capability index? a. 1 b. 2 c. 6 d. 12
-
Growth Rates based on the result in Problem 31, show that the internal and sustainable growth rates are as given in the chapter. S = Previous years sales A = Total assets D = Total debt E = Total...
-
Sustainable Growth Rate In the chapter, we discussed the two versions of the sustainable growth rate formula. Derive the formula ROE X b from the formula given in the chapter, where ROE is based on...
-
Present Value the basic present value equation has four parts. What are they?
-
Factory overhead of $44,700 consists of Indirect labor of $21,900, Depreciation expense-Factory of $16,900, and Factory utilities of $5,900. a. Compute total manufacturing costs. b. Prepare a...
-
In Giannakakos et al. (2016), titled Using Video Modeling with voiceover Instruction plus feedback to train staff to implement direct teaching procedures, why do you think collecting data on the...
-
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidios cost data table. 2. Calculate Presidios contribution margin ratio and...
Study smarter with the SolutionInn App