A company has a return on equity of 15 percent, a net profit margin of 10 percent, and total equity of $800,000. What is the net income?
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- A company has a return on equity of 18%, and its total equity is $820.5. What is the net income?You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.What is the amount of the net income? Accounting
- Define profitability raitos return on assets and return on equity. According to the following metrics: ROA Return on Assets: 14%; ROE Return on Equity: 305%. What is the profitability the of example company? Why or why not is this company profitable?AnswerWhat is the profit margin and the debit ratio ?