Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7
Question:
Remi, Inc., has sales of $15 million, total assets of $9 million, and total debt of $3.7 million. If the profit margin is 7 percent, what is net income? What is ROA? What is ROE?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
Input area Sales 15000000 Total asse...View the full answer
Answered By
Gauri Hendre
I worked as EI educator for Eduphy India YT channel. I gave online tutorials to the students who were living in the villages and wanted to study much more and were preparing for NEET, TET. I gave tutions for topics in Biotechnology. I am currently working as a tutor on course hero for the biochemistry, microbiology, biology, cell biology, genetics subjects. I worked as a project intern in BAIF where did analysis on diseases mainly genetic disorders in the bovine. I worked as a trainee in serum institute of India and Vasantdada sugar institute. I am working as a writer on Quora partner program from 2019. I writing on the topics on social health issues including current COVID-19 pandemic, different concepts in science discipline. I learned foreign languages such as german and french upto A1 level. I attended different conferences in the science discipline and did trainings in cognitive skills and personality development skills from Lila Poonawalla foundation. I have been the member of Lila poonawalla foundation since 2017. Even I acquired the skills like Excel spreadsheet, MS Office, MS Powerpoint and Data entry.
5.00+
4+ 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:
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Corporate Finance questions
-
Y3K, Inc., has sales of $ 2,700, total assets of $ 1,310, and a debt equity ratio of 1.20. If its return on equity is 15 percent, what is its net income?
-
Calculating Profitability Ratios Country Boy, Inc., has sales of $24 million, total assets of $18 mil lion, and total debt of $7 million. If the profit margin is 8 percent, what is net income? What...
-
Calculating Profitability Ratios. Here and Gone, Inc., has sales of $18 million, total assets of $13 million, and total debt of $3.8 million. If the profit margin is 8 percent, what is the net...
-
Question 13 Case Study - Little Pear Administration Pty Ltd (LPA) You are the payroll officer for Little Pear Administration Pty Ltd (LPA). Debra Foy is a company employee and has approached you with...
-
The chairman of Cadbury Schweppes PLC, G.A.H. Cadbury suggests (1987) the following test for an ethical action: Would you be embarrassed to have it described in the newspaper? Is this a sufficient...
-
A common response to hearing that the temperature in New Mexico is 105 F is, Its not that bad; its a dry heat, whereas at the same time the summers in Atlanta, Georgia, are characterized as...
-
In a band and block brake, as shown in Figure 16.10 (a), the data are given as: \(n=12\), angle subtended by each block \(=30^{\circ}\), radius of drum \(=300 \mathrm{~mm}\), block thickness \(=40...
-
The following information pertains to VI Division, which has $1,400,000 in investments. Division sales revenue $900,000 Less division expenses 480,000 Division income $420,000 The companys cost of...
-
Program for Calculate Compound Interest when principal, rate and number of periods are given.
-
A metal wire 3.50 m long and 0.70 mm in diameter was given the following test A load weighing 20 N was originally hung from the wire to keep it taut. The position of the lower end of the wire was...
-
Beckinsale, Inc., has a profit margin of 5.8 percent on sales of $16,000,000. If the firm has debt of $7,900,000 and total assets of $14,000,000, what is the firm's ROA?
-
The most recent financial statements for Shinoda Manufacturing Co. are shown below: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent...
-
Brian Felley purchased a used Ford Taurus from Thomas and Cheryl Singleton for $8,800. The car had one hundred and twenty-six thousand miles on it. After test driving the car, Felley discussed the...
-
Consider the market for highly skilled laboratory technicians. Graph the impacts on market wages if limitations on immigration were lifted. Would more or fewer services be provided? What would happen...
-
Suppose it takes considerable time for the large majority of cigarette smokers to become fully informed about the fact that cigarette prices have risen all over. How would this matter to the...
-
The ACA has engendered particular debate between proponents and opponents. Why do you think this is the case?
-
Direct-to-consumer (DTC) advertising of prescription drugs has grown rapidly. List several products with which you have become familiar as a result of such advertising. Discuss the pros and cons of...
-
For students in the United States, compare Medicaid coverage in your state with coverage afforded to recipients in a neighboring state. Are they the same? If not, why do you think that they differ?
-
Reaction review III. Without consulting the Reaction Road Maps on pp. 818 819, suggest reagents to convert 3-buten-2-one into each of the following compounds. Page 818-819 () (b) () (d) CHs OH ()...
-
Pappa's Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the year, and the inventory count at December 31 are...
-
Product pricing the firm actually priced its product to be about 20 percent less than that of competitors, even though the Grandmother calendar was more detailed. In retrospect, was this a wise...
-
Product pricing the firm actually priced its product to be about 20 percent less than that of competitors, even though the Grandmother calendar was more detailed. In retrospect, was this a wise...
-
Corporate Borrowing if the firm was so successful at selling, why wouldnt a bank or some other lender step in and provide it with the cash it needed to continue?
-
Can social norms be understood as emergent properties of social interactions, reflecting negotiated agreements among members of a society regarding acceptable behavior and moral standards?
-
A quantitative portfolio manager is very good at managing against the Russell 2000 Index. In fact, she is expected to achieve an B of 0.5% per month. Unfortunately, her benchmark is the S&P 500. She...
-
Suppose that a QEPM department hires a new quantitative equity portfolio manager to manage one of its portfolios. Suppose that the portfolio managers benchmark is the S&P 500, with a Sharpe ratio of...
Study smarter with the SolutionInn App