General Account A FIRM HAS A PROFIT MARGIN OF 19 PERCENT ON SALES OF$24,000,000. IF THE FIRM HAS TOTAL ASSETS OF $23,500,000,AND AN AFTER-TAX INTEREST COST ON TOTAL DEBT OF 5PERCENT, WHAT IS THE FIRM'S ROA?

Concept of Profit MarginProfit margin is a financial metric that indicates the percentage of sales…

Answered: A FIRM HAS A PROFIT MARGIN OF 19…

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter7: Corporate Valuation And Stock Valuation

Section: Chapter Questions

Problem 1P: Ogier Incorporated currently has $800 million in sales, which are projected to grow by 10% in Year 1...

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A firm has a profit margin of 15% on sales of $20,000,000. If the firm has debt of $7,500,000, total assets of $22,500.00, and a after-tax interest cost on total debt of 5%, what is the firm's ROA?
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A firm has a profit margin of 19 percent on sales of $24,000,000. If the firm has total assets of $23,500,000, and an after-tax interest cost on total debt of 5 percent, what is the firm's ROA? a. 12.9% b. 19.4% c. 12.0% d. 13.3% e. 15.1%
A firm has a profit margin of 15 percent on sales of GHS20,000,000. If the firm has debt of GHS7,500,000, total assets of GHS22,500,000, and an after-tax interest cost on total debt of 5 percent, what is the firm?s ROA? O A. 8.4% B. 10.9% O C. 12.0% D. 13.3% E. 15.1%
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A firm has a profit margin of 15 percent on sales of $20,000,000. If the firm has debt of $7,500,000, total assets of $22,500,000, and an after-tax interest cost on total debt of 5 percent, what is the firm's ROA? Group of answer choices 8.4% 10.9% 12.0% 13.3% 15.1%
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A firm has total assets of $1,000,000 and a debt ratio of 30 percent. Currently, it has sales of $2,500,000, total fixed costs of $1,000,000, and EBIT of $50,000. If the firm's before-tax cost of debt is 10 percent and the firm's tax rate is 40 percent, what is the firm's ROE?
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A FIRM HAS A PROFIT MARGIN OF 19 PERCENT ON SALES OF $24,000,000. IF THE FIRM HAS TOTAL ASSETS OF $23,500,000, AND AN AFTER-TAX INTEREST COST ON TOTAL DEBT OF 5 PERCENT, WHAT IS THE FIRM'S ROA?