Dream Pillows Corp. has total assets of $300,000 and an asset turnover ratio of 2.0 times per year. If their return on assets is 15%, calculate their profit margin (return on sales).
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- Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin? answer this questionDoverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin?Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin? Right Answer
- What is the profit marginBaker Oats had an asset turnover of 1.8 times per year. If the return on total assets (investment) was 13 percent, what was Baker’s profit margin?pharoah marble company has total assets of 13350000 sales of 18690000 and net income of 4672500. management expects sales to grow by 25% next year. all assets and costs (including taxes) vary directly with sales, and management expects to maintain a payout ratio of 65%. Calculate Pharoah's EFN.
- ABC Inc. provides the following financial data: Profit Margin Ratio: 4.5% Asset Turnover Ratio: 2.5 times Net Sales: $800,000 Target Rate of Return: 10% Calculate the Return on Investment (ROI).General accountingTorrid Romance Publishers has total receivables of $2,300.00, which represents 24.00 days’ sales. Total assets are $7,197.36. The firm’s operating profit margin is 4.53%. Find the firm’s asset turnover ratio and ROA. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 2 decimal places.) Asset turnover ratio ROA %