Question: Please show all work. 7. Calculate the Return on Assets (ROA) given that Net Income = $113 and Total Assets = $2884. a. 1.93% b.
Please show all work.
7. Calculate the Return on Assets (ROA) given that Net Income = $113 and Total Assets = $2884.
a. 1.93%
b. 2.35%
c. 3.12%
d. 3.92%
8. Calculate the Return on Equity (ROE) given that Net Income = $821 and Total Owners' Equity = $714.
a. 112.86%
b. 113.3%
c. 114.13%
d. 114.99%
9. Calculate the Receivables Turnover given that Sales = $1970 and Accounts Receivable = $278.
a. 6.38
b. 7.09
c. 8.15
d. 8.66
10. Calculate the Debt Ratio given that Total Assets = $2760 and Total Owners' Equity = $825.
a. 69.34%
b. 70.11%
c. 70.57%
d. 71.01%
11. Calculate the Return on Assets (ROA) given that Net Income = $936 and Total Assets = $1872.
a. 48.95%
b. 49.51%
c. 50%
d. 50.54%
12. Calculate the Total Assets Turnover given that Sales = $1691 and Total Assets = $1063.
a. 0.03
b. 1.14
c. 1.59
d. 2.26
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