None Blossom Company has a debt-to-equity ratio of 1.40, an ROA of 8.0percent, and a total equity of $1,000,000. What are the company'sequity multiplier, debt ratio, and ROE? (Round equity multiplier to2 decimal places, e.g. 12.55, debt ratio to 3 decimal places, e.g.12.55, and ROE to 1 decimal place, e.g. 12.5%.)

Step 1: Introduction to the Financial RatiosFinancial ratios evaluate a company's financial standing…

Answered: Blossom Company has a debt-to-equity…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Crane, Inc., has a debt ratio of 0.47. What are the company’s debt-to-equity ratio and equity multiplier? (Round your answers to 2 decimal places, e.g.12.25.) The company’s debt-to-equity ratio is enter The company’s debt-to-equity ratio rounded to 2 decimal places and the equity multiplier is enter the equity multiplier rounded to 2 decimal places .
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 assets
Martinez, Inc., has a total debt ratio of .65, total debt of $345,000, and net income of $31,280 Required: What is the company's return on equity? (Do not round intermediate calculations Round your answer to 2 decimal places (e.g., 32.16).) Return on equity
The 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 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
Nakamura, Incorporated, has a total debt ratio of .56, total debt of $316,000, and net income of $38,500. What is the company's return on equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Return on equity %
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!!
Bello, Inc., has a total debt ratio of .51. a. What is its debt-equity ratto? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is Its equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Debt-equity ratio b. Equity multiplier times times
You have access to the following information and want to calculate the debt-to-equity ratio for the firm. Return on Equity: 23.87% Profit Margin: 13.81% Total Asset Turnover: 0.65 Answer as a DECIMAL using two decimal places.
Q. 1 Y3K, Inc., has sales of $6,209, total assets of $2,825, and a debt-equity ratio of 1.10. If its return on equity is 11 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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