During the last year, a company had sales of $300,000 and a net income of $20,000, and its year-end assets were $200,000. The firm's total debt to total assets. ratio was 40%. Based on the DuPont equation, what was the firm's ROE?
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- The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days’ sales outstanding of 36.5 days (based on a 365-day year), total current assets of $810,000, and cash and marketable securities of $120,000. What were Kretovich’s annual sales?During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?
- During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?Last year Ross Inc. had sales of $330,000 and a net income of $20,000, and its year-end assets were $250,000. The firm's total-debt-to-total-assets ratio was 40.00%. Based on the DuPont equation, what was the ROE? A. 10.41% B. 14.80% C. 13.33% D. 12.63% E. 9.06%Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm’s total-debt-to-total-assets ratio was 22.5%. Based on DuPont equation, what was Vaughn’s ROE?
- Last year, Harrington Inc. had sales of $325,000 and a net income of $19,000. Its year-end assets were $250,000. The firms total debt/total assets was 55%. What was the ROE?Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 42.5%. Based on the DuPont equation, what was Vaughn's ROE?Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 72.5%. Based on the DuPont equation, what was Vaughn's ROE? Select the correct answer. a. 31.11% b. 30.88% c. 30.19% d. 30.42% e. 30.65%
- Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $240,000. The firm's total-debt-to-total-capital ratio was 32.5%. The firm finances using only debt and common equity, and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. Ⓒa. 11.73% b. 17.38% O c. 5.85% d. 8.66% e. 7.92%Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 17.5%. The firm finances using only debt and common equity, and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. O a. 9.49% O b. 11.52% O c. 9.21% O d. 7.74% O e. 9.86%Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $295000. The firm's total-debt-to-total- capital ratio was 72.5%. The firm finances using only debt and common equity, and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. a. 5.85% b. 21.26% c. 23.42% d. 85.17% e. 6.44%