Bright Foods Ltd. has the following financial data: ⚫ Net income = $180,000 • Sales $1.8 million • Total asset turnover = 2.25 Equity multiplier = 2 The company has no preferred stock. What is the ROA and ROE?
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- Pasta Delight Company has the following data available: Net income $320,000 • Sales $3.2 million • Total asset turnover = 2.8 Equity multiplier = 2.2 Pasta Delight does not have any preferred stock outstanding. Calculate the return on assets (ROA) and return on equity (ROE) for the company.What is its ROE? General accountingWhat is the company roe?
- Phone, Inc., has an equity multiplier of 1.36, total asset turnover of 165, and a profit margin of 8 percent. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROjPhone, Inc., has an equity multiplier of 1.42, total asset turnover of 1.71, and a profit margin of 9 percent. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROE %DTO, Inc., has sales of $18 million, total assets of $16.5 million, and total debt of $9.4 million. Assume the profit margin is 8 percent. a. What is the company's net income? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the company's ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. b. C. % %
- jPhone, Inc., has an equity multiplier of 1.35, total asset turnover of 1.63, and a profit margin of 7 percent. What is the company's ROE? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)What is international,inc. dol?Please provide answer the accounting question
- The following information was drawn from the accounting records of Jones Company. (Round the percenta Net sales $351,515 Net income 58,000 Average total assets 540,000 Average total liabilities 340,000 Average total stockholders' equity 220,000 Based on this information, the company's return on investment (also known as return on assets) is Multiple Choice The answer cannot be determined from the information provided. 25.7%. 16.5%. of 9 MacBook Air 80 888 DII F2 F3 F4 F5 F7 F8 @ # $ % & 2 3 4 5 6 7 * COWhat is its ROE on these financial accounting question?Ace Industries has current assets equal to $4 million. The company's current ratio is 2.0, and its quick ratio is 1.7. What is the firm's level of current liabilities? What is the firm's level of inventories? Do not round intermediate calculations. Round your answers to the nearest dollar. Current Liabilities $ Inventory $