A firm has a return on equity of 22 percent. The total asset turnover is 2.9 and the profit margin is 5 percent. The total equity is $7,500. What is the amount of the net income?
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- What is the profit margin?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%.If Rooters, Inc., has an equity multiplier of 1.90, total asset turnover of 1.20, and a profit margin of 8 percent, what is its ROE?
- A firm has a ROE of 16.875%, asset turnover of 2.5, and an equity multiplier of 1.5. If the firm has sales revenue of $10,000, what is the net income?Calculate vintages return on equity and units?consider a company with ROE of 14.5% and a profit margin of 6.5%. if the total asset turnover is 1.8 what is the firm's debt equity ratio