40. Joel Embi, Inc. has an ROA (return on assets) of 15.2 percent, total assets of $4,500,000 and a net profit margin of 7.6 percent. What are JoelEmbi, Inc.'s annual sales? Enter your answer a whole number (i.e., rounded to zero decimal places.
40. Joel Embi, Inc. has an ROA (return on assets) of 15.2 percent, total assets of $4,500,000 and a net profit margin of 7.6 percent. What are JoelEmbi, Inc.'s annual sales? Enter your answer a whole number (i.e., rounded to zero decimal places.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:**Financial Ratio Analysis Problems**
**40. JoelEmbi, Inc.**
JoelEmbi, Inc. has an ROA (return on assets) of 15.2 percent, total assets of $4,500,000 and a net profit margin of 7.6 percent. What are JoelEmbi, Inc.'s annual sales?
*Enter your answer a whole number (i.e., rounded to zero decimal places).*
**41. JimmyButle, LLC**
JimmyButle, LLC. has a debt-to-total assets ratio of 39.6%. What is the company’s debt-to-equity ratio?
*Enter your answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places.*
**42. JohCol, Inc**
JohCol, Inc has a debt ratio of 27.0% and ROE = 20.2%. What is JohCol, Inc.’s ROA?
*Enter your answer as a percent rounded to 1 decimal place.*
**43. PauGeo, Inc**
PauGeo, Inc. has an ROA of 18.2% and a debt/equity ratio of 0.83. The firm's ROE is ________.
*Enter your answer as a percent rounded to 1 decimal place.*
**44. TraeYoung, Inc.**
Assume that TraeYoung, Inc. has:
- Debt ratio = 60%
- Net profit margin = 15.2%
- Return on assets (ROA) = 52%
Find TraeYoung’s Total Asset Turnover ratio.
*Enter answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places.*
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