Beethoven Ltd. has a profit margin of 6.1 percent on sales of $18,200,000. Assume the firm has total assets of $15,400,000 and total debt of $5,200,000. What is the firm’s return on assets (ROA)?
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Beethoven Ltd. has a profit margin of 6.1 percent on sales of $18,200,000. Assume the firm has total assets of $15,400,000 and total debt of $5,200,000. What is the firm’s return on assets (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?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?What is the return of assets