Highgate Computer Company is making a profit of $1.9 million on sales of $20 million. Its total assets are $10.1 million.

A. Calculate Highgate's total asset turnover and net profit margin.

B. Find the company's ROA, ROE, and book value per share, given that it has a total net worth of $3.9 million and 283,051 common shares outstanding.

A. Highgate's total asset turnover _____ (Rounded to two decimal places.)

Highgate's net profit margin is _____%. (Round to two decimal places.)

B. The company's ROA is ____%. (Round to two decimal places.)

The company's ROE is %___. (Round to two decimal places.)

The company's book value per share $____ (Round to two decimal places.)

Answer rating: 100% (QA)

A To calculate Highgates total asset turnover and net profit margin we can use the following formula... View the full answer