None Evergreen Publishing Co. had sales of $14 million, operating income of $5 million,after-tax income of $2.5 million, assets of $9 million, stockholders' equity of $7million, and total debt of $4.5 million.What is Evergreen Publishing Company's return on equity (ROE)?

The Return on Equity (ROE) is calculated using the formula:ROE=Stockholders' EquityNet Income×100%…

Answered: Evergreen Publishing Co. had sales of…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 2P

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Tibbs Inc. had the following data for the year ending 12/31/12: Net income = $400; Net operating profit after taxes (NOPAT) = $450; Total assets = $2,600; Short-term investments = $200; Stockholders' equity = $1,600; Total debt = $1,000; and Total operating capital = $2,200. What was its return on invested capital (ROIC)? Group of answer choices 14.32% 22.50% 16.36% 20.45% 18.41%
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Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit after taxes (NOPAT) = $480; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)?
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Evergreen Publishing Co. had sales of $14 million, operating income of $5 million, after-tax income of $2.5 million, assets of $9 million, stockholders' equity of $7 million, and total debt of $4.5 million. What is Evergreen Publishing Company's return on equity (ROE)?