Question: Can you show me how to solve this problem? Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales

Can you show me how to solve this problem?

Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.640 billion. Their net profit margin for the year was 0.16, while the operating profit margin was 30 percent. Whatis Archwares net income?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Read the Scenario Congratulations, you are now the Police Chief in Anytown, USA. A city with 30,000 residents and you are responsible to provide 24 hour a day police coverage. You have a total of 45...

Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.300 billion. Their net profit margin for the year was 0.23, while the operating profit margin...

Question 3. The Timber Ridge Company has the following relationships: Sales/Total assets = 3.80; ROA = 0.0980 What is Timber Ridges net profit margin? Round to 3 decimal places. Question 5 Archware...

Soaring eagles corp. has total current assets of $11,542,000, current liabilities of $5,650,000 and a quick ratio of 0.91. What is its level of inventory? Your answer: question 2 options: answer save...

Question 5 Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.720 billion. Their net profit margin for the year was 0.22, while the operating...

1. Soaring Eagles Corp. has total current assets of $11,232,000, current liabilities of $5,680,000 and a quick ratio of 0.87. What is its level of inventory? 2. The Timber Ridge Company has the...

Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.630 billion. Their net profit margin for the year was 0.25, while the operating profit margin...

Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $23.310 billion. Their net profit margin for the year was 0.22, while the operating profit margin...

Question 3 (1 point) The Timber Ridge Company has the following relationships: Sales/Total assets = 3.70; ROA = 0.1070 What is Timber Ridges net profit margin? Your Answer: Question 3 options: Answer...

Archware Systems has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.390 billion. Their net profit margin for the year was 0.21, while the operating profit margin...

QUESTION 7 Blue Air Inc., has net sales of $791,000 and accounts receivables of $169,000. What are the firm's accounts receivables turnover? Round to two decimal places. QUESTION 8 JP Vineyards has...

Establish the Lagrange Identity, that for any numbers a1, a2,..., an and b1,b2,..., bn, Use the identity to show that the correlation coefficient is equal to 1 if and only if all of the sample points...

Suppose that we wish to design a highpass filter satisfying the following specification: 0.04

14. Use the fi rst thirteen rules of inference to derive the conclusions of the following symbolized arguments. (16) 1. (QN) v (NT) 2. (QVC)-N IT (17) 1. -(UVR) 2. (-RvN)(P.H) 3. Q-H (18) 1. -(FA) 2....

Assume that an investor buys 100 shares of stock at $50 per share, putting up a 60% margin. If the stock rises to $60 per share, what is the investor's new margin position?

The following data pertains to the operations of Knight Corporation for 2012: The controller is trying to decide which method of accounting for bad debts to use. The company is attempting to maximize...

Malcolm is a retail company specializing in men's hats. Its budget director prepared the list of expected operating expenses that follows. All items are paid when incurred except sales commissions...

Humboldt, Inc. sells fireworks. The company's marketing director developed the following cost of goods sold budget for April, May, June, and July. Humboldt had a beginning inventory balance of $1,800...

Charlene Hickman expected the price of Bio International shares to drop in the near future in response to the expected failure of its new drug to pass FDA tests. As a result, she sold short 200...

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Of what value, and to whom, is most of the CSR that emerges from multinational corporations?

How fair is Fairtrade?

Discuss the pressures upon organisations to employ codes of practice.