Question: (Profitability analysis) Last year Triangular Resources earned $5.0 million in net operating income and had an operating profit margin of 20.0 percent. If the firm's


(Profitability analysis) Last year Triangular Resources earned $5.0 million in net operating income and had an operating profit margin of 20.0 percent. If the firm's total asset turnover ratio was 1.50, what was the firm's investment in total assets? The company's total assets are $ million. (Round to one decimal place.) (Related to Checkpoint 4.4) (Market value analysis) Greene, Inc.'s balance sheet indicates that the book value of stockholders' equity (book value per share x total shares outstanding) is $752,000. The firm's earnings per share are $2.79, which produces a price-earnings ratio of 12.77. If there are 52,000 shares of common stock outstanding, what is the firm's market-to-book ratio (i.e., the ratio of price per share to book value per share)? What does the market-to-book ratio tell us? The market-to-book ratio is (Round to two decimal places.)
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