Answered: Beckinsale, Inc., has a profit margin…

Beckinsale, Inc., has a profit margin of 5.2 percent on sales of $21,500,000. Assume the firm has a debt of $7,500,000 and total assets of $14,550,000. What is the firm's ROA?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 5P: Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are...

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Question

Beckinsale, Inc., has a profit
margin of 5.2 percent on sales of
$21,500,000. Assume the firm has a
debt of $7,500,000 and total assets
of $14,550,000.
What is the firm's ROA?

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DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million. a. If the profit margin is 6 percent, what is the net income? b. What is the ROA? c. What is the ROE?
SOLVE
Beckinsale, Inc., has a profit margin of 5.2 percent on sales of $21,500,000. Assume the firm has a debt of $7,500,000 and total assets of $14,550,000. What is the firm's ROA?
Beckinsale, Inc., has a profit margin of 5.2 percent on sales of $21,500,000. Assume the firm has a debt of $7,500,000 and total assets of $14,550,000. What is the firm's ROA? correct answer
Bartlett's Pears has a profit margin of 8.20 percent on sales of $24,300,000. If the firm has a debt of $10,400,000 and total assets of $21,000,000, what is the firm's ROA? Answer
Assume that a firm has sales of $11,700,000, total assets of $4,500,000 total common equity of $2,000,000 and an ROE of 37.4985 percent. Using DuPont equation, determine the profit margin for this firm.
Beckinsale Inc. ROA
Bartlett's Pears has a profit margin of 8.20 percent on sales of $24,300,000. If the firm has a debt of $10,400,000 and total assets of $21,000,000, what is the firm's ROA?
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Wims Inc., has sales of $18.3 million total assts of $13.3 million and total debt of $4.1 million. The profit margin is 11 percent. a. What is the company's net income? b. What is the company's ROA? c. What is the company's ROE?