Beckinsale Inc., has a profit margin of 6.9% on sales of $24,200,000. Assume the firm has debt of $9,500,000 and total assets of $16,100,000. What is the firm's ROA? (Do not round intermediate calculations and give your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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- The Rossdale Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.29. Current liabilities are $1,450, sales are $7,380, profit margin is 8.1 percent, and ROE is 14.3 percent. What is the amount of the firm’s net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)The Mikado Company has a ratio of long-term debt to long-term debt plus equity of .32 and a current ratio of 1.8. Current liabilities are $880, sales are $6,300, profit margin is 8.9 percent, and ROE is 19.3 percent. What is the amount of the firm's net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net fixed assetsThe Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a current ratio of 1.6. Current liabilities are $900, sales are $6,320, profit margin is 9.1 percent, and ROE is 19.5 percent. What is the amount of the firm's net fixed assets? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net fixed assets
- The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .43 and a current ratio of 1.5. Current liabilities are $990, sales are $6, 410, profit margin is 9.3 percent, and ROE is 20.4 percent. What is the amount of the firm's net fixed assets? (Do not round intermedifate calculations and round your answer to 2 decimal places, e.g., 32.16.) P.S $331.79 is not a correct answer!!Can you help me with accounting questionsThe Mikado Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of 47 and a current ratio of 1.36. Current liabilities are $2,440, sales are $10,600, profit margin is 12 percent, and ROE is 17 percent. What is the amount of the firm's net fixed assets? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Net fixed assets
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