Mac cosmetic operating profit margin 10%, asset turnover ratio 2.5. Debt- equity ratio 0.3333. Net income $1000,

Fantastic news! We've Found the answer you've been seeking!

Question:

Mac cosmetic operating profit margin 10%, asset turnover ratio 2.5. Debt- equity ratio 0.3333. Net income $1000, Interest payment $600, Tax income $1536.46, tax 538.46. Depreciation $800,

What is ROE?

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

See More Books

Posted Date: Nov 23, 2023 12:35 AM

See More Questions

How do we standardize income statements to express each item as a percentage? Give a hypothetical example as to how standardizing income statements can be useful to draw comparisons between two...
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
Share an example of investing in the future as it relates to the materials covered in this module. The idea can come from the internet, paper, journal or magazine.
Transfer pricing is a significant area of concern for taxing authorities and multinational entities (MNE). Examine at least two (2) potential transfer pricing issues that create concern for both...
Search engines carry national identities and cultures. Compare five major search engines from each continent, based on their local markets, strategies, and national characteristics.
Chataqua Can Company manufactures metal cans used in the food-processing industry. A case of cans sells for $50. The variable costs of production for one case of cans are as follows: Direct material...
Two people differ in age by 1.5 years. Their heights and weights are the same, and their lung capacities are measured at the same pressure and temperature. By how much should we predict their lung...
For each term in the first column select the partial (or complete) definition or illustration. Each partial (or complete) definition or illustration may be used only once. Term a. A report providing...
Exit strategy recommendations and plan: Outline your change management strategy for transition after the acquisition. Specifically, you must address the following criteria: Change management...
Iranzo Ammunition is an all-equity firm that currently has 6,000,000 shares outstanding worth $50 per share. The company's considering converting to a capital structure that is 50.0% debt. The firm...
In a Statement on Auditing Standards, the American Institute of Certified Public Accountants observed that when the independent auditor has not satisfied himself as to inventories in the possession...
What is Classical Political Theory? Give at least 2 examples of classical political theorists and describe how they do political theory.
WHAT IS VICTORIA SECRETS MOBILE APP MARKETING TOOLS ANALYZE IN DETAILS HOW THEY USE THIS TOOLS. IS THIS ALIGNED TO THEIR MOBILE STARTEGY?
Describe and discuss one of the necessary components and structures of the political theory of Cicero. How does it differ from Plato and Aristotle's political theory regarding establishing a state or...
L, single, is the chief of surgery at a local hospital. Duringthe year, L earned a salary of $120,000. L owns a four-unitapartment building that she rents out unfurnished. The currenttenants have...
1. Review the following resources before responding to the questions. A. https://www.innocenceproject.org/causes-wrongful-conviction./ Go to the link: Cases, click on any case, and read about what...
The Spot rate for USD to JPY is $1 to Y110. The riskless rate of return for 6 months for investing in USD is 2%. The riskless rate of return for 6 months for investing in JPY is 0.8%. What is the 6...
General Electric Capital, a division of General Electric, uses long-term debt extensively. In a recent year, GE Capital issued $11 billion in long-term debt to investors, then within days filed legal...
Omni Telecom is trying to decide whether to increase its cash dividend or use the funds to increase its future growth rate. It will use the dividend valuation model (Chapter 10) for purposes of...
Sarah Adia owes $15,000 now. A lender will carry the debt for three more years at 8 percent interest. That is, in this particular case, the amount owed will go up by 8 percent per year for three...
Claypot Ceramics Company has a $1,000 par value convertible bond outstanding that can be converted into 100 shares of common stock. The common stock is currently selling for $8.95 a share, and the...
Lexington Inns reported these figures for 2020 and 2019 (in millions): {Requirement} Evaluate Lexington's return on assets and return on equity for 2020. What additional information would help you...
Easton Company included the following items in its financial statements for 2020, the current year (amounts in millions): Evaluate Easton's return on assets and return on equity for 2020. Payment of...
A-1 Networking Solutions Inc. began operations on January 1, 2020. A-1's balance sheet at December 31, 2020, reported the following shareholders' equity During 2020, A-1: a. Issued 50,000 common...

Mac cosmetic operating profit margin 10%, asset turnover ratio 2.5. Debt- equity ratio 0.3333. Net income $1000,

Question:

Expert Answer:

Net Income Tax Income Interest Payment Tax Net Income 153646 600 53846 Net Income 39799 Therefore ... View the full answer

Foundations of Financial Management

Students also viewed these finance questions