Blue Sky Aviation has sales of $15,465, assets of $5,980, a debt to equity ratio of 0.57, and an ROE of 8.6%. Their net income is closest to: OA. $2,088.08. OB. $1,329.99. O C. $327.57.

Q: Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current…

A: The ratio in which the quick assets, i.e., current assets less inventory and prepaid expenses are…

Q: Y3K, Incorporated, has sales of $5,000, total assets of $3,200, and a debt-equity ratio of 1.10. If…

A: Net income, also known as net profit or net earnings, is the amount of money a company has left over…

Q: Firm N has a current ratio of 2.5 and current assets of $157,500. Calculate Firm N's current…

A: We have the following information: Current Ratio: 2.5 times Current Assets: $157,500

Q: Glenboro fire prevention has profit margin of 8.50%, asset turnover 2.05, and ROE 18.44.Calculate…

A: First we need to use DuPont analysis equation to find equity multiplier.ROE = Net profit margin *…

Q: Blue Sky Aviation has sales of $7,480, assets of $8,210, a debt to equity ratio of 0.45, and an ROE…

A: Net income refers to the after-tax income of an individual.  Net income can also be simply referred…

Q: SDJ, Incorporated, has net working capital of $2,930, current liabilities of $4,070, and inventory…

A: Working capital = $2,930 Current liabilities = $4,070 Inventory  = $3,770

Q: AXA insurance company has an loss adjustment expense of 3,718, underwriting expense of 786, premiums…

A: Premium refers to the amount of money the insured pays for the insurance coverage. Loss adjustment…

Q: Dennisport's current ratio is 2.8, its inventory and prepaid expenses must be: Multiple Choice O…

A: Current Assets are the assets which are realized within 12 months for example: inventory, cash ,…

Q: Blossom Systems has total assets of $ 34.050 billion, total debt of $ 8.745 billion, and net sales…

A: 1) Calculation of Net Income $ billion Net Income = Net Sales x Net Profit Margin Net Income =…

Q: Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current…

A: Here, Current Liabilities is P22,000 Inventory is P7,000 Current Ratio is 1.2

Q: Y3K Inc. has sales of $5783, total assets of $2604, and a debt-equity ratio of .75. If its Return on…

A: Profit margin = Net Income = Return on equity * Total equity

Q: Dennisport Corporation has an acid-test ratio of 1.6. It has current liabilities of $52,000 and…

A: Given the following information: Acid test ratio: 1.6 Current liabilities: $52,000 Non current…

Q: AXA insurance company has an loss adjustment expense of 3,147, underwriting expense of 947, premiums…

A: Here,

Q: 11. Cô. has net income of $20,000 and total assets of $100,000. ROA ratio for the company is: O a)…

A: ROA = Net income / total assets

Q: The Mikado Company has a ratio of long-term debt to long-term debt plus equity of .32 and a current…

A: We need to use balance sheet equation to calculate net fixed assets.Total assets = Equity + Long…

Q: Y3K, Inc., has sales of $6,209, total assets of $2,825, and a debt-equity ratio of 1.10. If its…

A: Net income is the amount of profit left by the company after paying all the operating and…

Q: Total assets of 689400. Long term debit of 198375, total equity of 364.182, net fixed assets of…

A: Current Ratio: The current ratio contrasts the total current assets and liabilities of a business.…

Q: Balthazar Corporation has total assets of 535, total equity of 257, and a return on equity of 7.96%.…

A: Return on Equity: Return on Equity (ROE) is a profitability metric designed specifically for equity…

Q: Hank's Motor Works has total assets of $698,400, long-term debt of $289,500, total equity of…

A: Given the following information: Total assets: $698,400 Long-term debt: $289,500 Total equity:…

Q: Y3K, Incorporated, has sales of $7,475, total assets of $3,525, and a debt - equity ratio of .34.…

A: We need to use DuPont's formula to calculate net profit marginROE = Net profit margin *Total assets…

Q: Martinez Corporation reported Net sales of $766,000 and Net income of $141,000. The Profit margin is…

A: Profit Margin = Net Income/Net Sales * 100

Q: $. 5.00.000. V

A: Given information : Current ratio = 1.5 : 1 Net current assets = $5,000,000

Q: 7. Victory airlines has a TAT ratio of 0.94 times (total assets turnover ratio); total depreciation…

A: Calculate Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA):Since we are…

Q: Given the pro forma income statement and balance sheet below, find EFN. INCOME STATEMENT: Sales,…

A: EFN(External Financing Needed)=Total assets-Total liabilities=Total assets-(Debt + Equity)

Q: SDJ, Inc., has net working capital of $1,896, current liabilities of $9,155, and inventory of…

A: Net working capital =$1,896 Current liabilities = $9,155 Inventory = $1,223

Q: Rapterzz Inc. has a profit margin of 8.30%, total asset turnover of 2.00, and ROE of 18.24%. What is…

A: Formula: Equity multiplier = 1 + Debt equity ratio Debt equity ratio = Equity multiplier - 1

Q: Lamar , Inc. has sales of $8500, total assets of $2500, and a debt to equity ratio of 0.8, if its…

A: Net income refers to the income or amount which is earned by the enterprise by rendering services or…

Q: Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets…

A: Du-Pont: A Du-pont analysis is the equation which calculates the return on equity by multiplying net…

Q: einford Group has total assets of $5161127, short-term debt of $681174, long-term debt of $964979,…

A: The debt ratio is a financial ratio used to determine a company's leverage. A high debt ratio…

Q: Use the Dupont identity to solve the following. The ABC Inc. has sales of $10,500, total assets of…

A: Solution: Dupont analysis is a measure to compute the firm’s Return in Equity (ROE). As per Dupont…

Q: DTO, Inc., has sales of ₱15 000 000, total assets of ₱12.6 million, and total debt of ₱ 5.6 million.…

A: Sales = 15000000 Total assets = 1260000 Total debt = 560000 Equity = Assets - debts  = 1260000 -…

Q: SDJ, Inc., has net working capital of $3,540, current liabilities of $5,350, and inventory of $4,680…

A: The ability of a company to repay brief loans or debts that are due within a year is assessed by the…

Q: Harmony Haven Gifts has sales of $810,200, total assets of $577,900, and a profit margin of 4.3…

A: Sales = s = $810,200Total Assets = ta = $577,900Profit Margin = pm = 4.3%

Q: The Maurer Company has a long-term debt ratio of 37 and a current ratio of 1.50. Current liabilities…

A: Step 1:Step 2:Step 3:

Q: Rush Company had net income of $152 million and average total assets of $1,810 million. Its return…

A: The return on assets is one of the financial ratios that shows the profitability of the company in…

Q: Last year Urban Forests Corp. had $507,500 of assets, $1,905,700 of sales, $410,200 of net income,…

A: Total Assets = $507,500Sales = $1,905,700Net Income = $410,200Debt-to-total assets ratio = 5%We need…

Q: ABC company has NOA of $23,046. Its comparable companies show the following financial data: Company…

A: Operating Value (OV) is a financial statistic that indicates the efficiency and profitability of a…

Q: Blue Sun has net working capital of $800, current liabilities of $3,550, and inventory of $3,400.…

A: The current ratio is a ratio which is calculated using the current assets and current liabilities.

Q: long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .49 and a…

A: Net fixed assets:Tangible, long-term assets that a business owns and utilizes to produce goods or…

Q: Precision Aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity…

A: DuPont Analysis, also known as the DuPont Identity or DuPont Model, is a financial analysis…

Q: Stride Rite has total assets of $425 million. Its total liabilities are $110 million. Its equity is…

A: Given the following information: Total assets: $425 millions Total liabilities: $110 millions…

Q: Sanedrin Company has an earnings per share (EPS) of $4.50, a value per share of $45 and a market…

A: EPS = $ 4.50 Value per share = $ 45 Market value per share = $ 38

Q: Shelby's Motor Works has total assets of $700,400, long-term debt of $300,500, total equity of…

A: Given the following information: Total assets: $700,400 Long-term debt: $300,500 Total equity:…

Q: Aurora Lighting Ltd has the following income statement items: sales of $12 000 000; cost of goods…

A: Introduction: Gross profit: Deduction of cost of goods sold from the sales value derives the Gross…

Q: Here and Gone, Inc., has sales of $17,680,797, total assets of $8,472,354, and total debt of…

A: The ROE is a measure of the financial performance of the entity. Investor generally uses this to…

Q: Jessica Company has total assets of P180,000 and total liabilities of P54,000. Jessica's…

A: The debt to equity ratio is defined as the ratio that helps in evaluating the financial leverage of…