A company has net income of $268,000 and total assets of $2,576,000. What is the ROA? (A) 5.07% (B) 8.78% (C) 10.40% (D) 11.5%
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What is the ROA?
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- A company reports the following information: Sales of $100,000; Beginning assets of $200,000, Ending assets of $250,000; Net Income of $5,000. The return on assets (to the nearest whole number) is: a. 555% b. 44% c. 2% d. 5%A company reports the followingWhat is the return on assets for this accounting question?
- The balance sheet of ATLF, Inc. reports total assets of $950,000 and $1,050,000 at the beginning and end of the year, respectively. Net income and sales for the year are $100,000 and $800,000, respectively. What is ATLF's profit margin? Select one: a. 8% b. 15% c. 10% d. 80% e. 12.5%ces Required: a. Firm D has net income of $91,936, sales of $1,436,500, and average total assets of $845,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has fet income of $174,195, sales of $2,205,000, and ROI of 11.85%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 15.80%, average total assets of $1,880,000, and turnover of 0.8. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in the tabs below. Required A Required B Required C Firm E has net income of $174,195, sales of $2,205,000, and ROI of 11.85%. Calculate the firm's turnover and average total assets. Note: Do not round intermediate calculations. Round "Turnover" answer to 1 decimal place. Turnover Average total assetsChambliss Corp.'s total assets at the end of last year were $265,000 and its EBIT was 62,500. What was its basic earning power (BEP)? Select the correct answer. a. 22.88% b. 24.28% c. 23.58% d. 24.98% e. 22.18%
- 1. Multiple-Choice: Calculate Company Y's return on assets, to two decimal places, based on the following information for the current year. a) 7.50 b) 9.00 c) 8.18 d) 7.27What is the return on assetsCalculating the Average Total Assets and the Return on Assets The income statement, statement of retained earnings, and balance sheet for Santiago Systems are as follows: Santiago Systems Income Statement For the Year Ended December 31, 20X2 Amount Percent Net sales $5,345,000 100.0% Less: Cost of goods sold (3,474,250) 65.0 Gross margin $1,870,750 35.0 Less: Operating expenses (1,140,300) 21.3 Operating income $730,450 13.7 Less: Interest expense (27,000) 0.5 Income before taxes Less: Income taxes (40%)* $703,450 13.2 (281,380) 5.3 Net income $422,070 7.9 * Includes both state and federal taxes.
