The Rose Company has net income of $153,210. There are currently 28.32 days' sales in receivables. Total
Question:
The Rose Company has net income of $153,210. There are currently 28.32 days' sales in receivables. Total assets are $863,000, total receivables are $157,310, and the debt-equity ratio is .35. What is the company's profit margin? Its total asset turnover? Its ROE?
Step by Step Answer:
Input area Net income 153210 Days sales in recei...View the full answer
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
Students also viewed these Corporate Finance questions
-
Renewal Company has net income of $1.25 million and a dividend payout ratio of 35 percent. It currently has equity of $2,875,223. What is the firms sustainable growth rate (SGR)?
-
When a company has net income, what happens to its assets and/or to its liabilities?
-
A company has net income of $218,000, a profit margin of 8.70 percent, and an accounts receivable balance of $132,850. Assuming 70 percent of sales are on credit, what are the company's days' sales...
-
The conjugate base of diethyl malonate can serve as a nucleophile to attack a wide range of electrophiles. Identify the product that is formed when the conjugate base of diethyl malonate reacts with...
-
What will be the likely result of a win-win style manager negotiating with a win-lose style manager? What if they are both win-lose styled?
-
Utilizing the comprehensive annual financial report (CAFR) obtained for Exercise 1-1, follow the instructions below. a. General Long-term Liabilities. (1) Disclosure of Long-term Debt . Does the...
-
For uniform wear condition of brakes and clutches, friction radius is equal to: (a) \(\frac{D+d}{4}\) (b) \(\frac{1}{3} \frac{D^{3}-d^{3}}{D^{2}-d^{2}}\) (c) \(\frac{1}{2}...
-
a. Segar Company budgets sales of $3,200,000, fixed costs of $700,000, and variable costs of $2,240,000. What is the contribution margin ratio for Segar Company? b. If the contribution margin ratio...
-
In a wheel of a bike, there are six spokes. If tensile forces in consecutive four spokes are 10N, 14N, 12N, and 5N respectively. Calculate the tensile forces in remaining two spokes. The wheel is in...
-
Consider a particle is confined in a three-level system. The probability of finding the particle in first level is 0.38, for second level 0.36, and for third level it is 0.26. What is the entropy of...
-
Pujols Lumber Yard has a current accounts receivable balance of $527,167. Credit sales for the year just ended were $5,938,261. What is the receivables turnover? The days' sales in receivables? How...
-
Delectable Turnip, Inc.'s, net income for the most recent year was $7,638. The tax rate was 34 percent. The firm paid $3,816 in total interest expense and deducted $4,873 in depreciation expense....
-
For the given a n , calculate S 5 . an = 4n+ 1
-
According to clinical research, nearly one-half of the care provided in the United States falls short of recommended treatment protocols. Discuss how imperfect and asymmetric information contribute...
-
If traditional FFS leads to demand inducement, what constrains the HMO from underproviding care?
-
Suppose that the licensure requirements for health care providers were eliminated. Use supply-and-demand analysis to predict what may happen to the price and quantity of health care services. Are...
-
If there were no subsidies for medical education, would enrollments be larger or smaller? Would the return to medical education be larger or smaller? If physician education was not subsidized, would...
-
Some argue that wide disparities in utilization rates across racial and ethnic groups are indicative of discrimination (see Box 9.3). Use indifference curve analysis to explain why it may be diffi...
-
Formulate a mechanism for the acid-catalyzed hydrolysis of the pyrrolidine enamine of cyclohexanone (shown in the margin). + H,O H+ 'N' H
-
1. Use these cost, revenue, and probability estimates along with the decision tree to identify the best decision strategy for Trendy's Pies. 2. Suppose that Trendy is concerned about her probability...
-
APR and EAR should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not?
-
APR and EAR should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not?
-
Time Value On subsidized Stafford loans a common source of financial aid for college students, interest does not begin to accrue until repayment begins. Who receives a bigger subsidy, a freshman or a...
-
1. Which CRM process according to you is most critical? Explain why. 2. Discuss the role of CRM in e-Business and e-commerce. 3. Discuss the critical components and architecture of CRM systems. 4....
-
Suppose that a lumberyard has a supply of 10-ft boards, which are cut into 3-ft, 4-ft, and 5-ft boards according to customer demand. The 10-ft boards can be cut into several sensible patterns. each...
-
Explain how the use of bound parameters can help defend against web application exploitation.
Study smarter with the SolutionInn App