GlobalTech, Inc. has sales of 32.6 million, total assets of 24.3 million, and total debt of $8.5 million. If the profit margin is 12 percent, what is the net income?
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- Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million, and it has total assets of $50 million. What is its ROE?DTO, Inc., has sales of $32 million, total assets of $25 million, and total debt of $7 million. a. If the profit margin is 6 percent, what is the net income? b. What is the ROA? c. What is the ROE?Wims Inc., has sales of $18.3 million total assts of $13.3 million and total debt of $4.1 million. The profit margin is 11 percent. a. What is the company's net income? b. What is the company's ROA? c. What is the company's ROE?
- You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.Calculating Profitability Ratios Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. If the profit margin is 6 percent, what is the net income? What is the ROA? What is the ROE?Toyto Corp. has net working capital of $1,370, current liabilities of $3,720 and inventory of $1,950. What is the current ratio? What is the quick ratio? Doria Inc. has sales of $29 million, total assets of $17.5 million and total debt of $6.3 million. If the profit margin is 8 percent, what it the net income? What is the ROA? What is the ROE? Orion Inc. has a total debt ratio of 0.63. What is the debt-equity ratio? What is the equity multiplier?
- TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets?TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets? ANSWERWhat is the return on assets ?