If a company has a net sales of $8.5 million, profit of $945,000, and total asset turnover of 1.8 times, what is the ROA? a. 20% b. 15% c. 10% d. 30%
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- If the operating asset turnover increased by 50% and the operating income margin increased by 50%, the Rol would increase by A.50%B.25%C.125%D.225%Need helpAMT. Inc.'s net income for this quarter is $500,000. The publicized return on assets (ROA) is 34.5 % . Estimate the firm's total asset to the closet possible. a. $1,500,000 c. $2,450,000 b. $ 1,450,000 d. $2,005,500
- Help meYour company has net sales revenue of $43 million during the year. At the beginning of the year, fixed assets are $15 million. At the end of the year, fixed assets are $17 million. What the fixed asset turnover ratio? Multiple Choice 2.87 1.34 2.53 269If Epic, Inc. has an ROE of 25%, an equity multiplier of 4, and a profit margin of 12%, what is the total asset turnover ratio? a. 0.0833 b. 0.192 c. 0.5208 d. 0.75
- Total annual revenue Total revenue growth rate Terminal revenue growth rate Net operating profit margin (NOPM) Net operating asset turnover (NOAT) Projected total revenue for the following year would be: Select one: O O O $2,850,649 5.0% 2% 8.2% 3.42 a. $2,993,181 b. $2,948,141 c. None of these are correct d. $2,907,662Provide this question solution general accountingAssume that Major Manuscripts, Inc. is currently operating at 95 percent of capacity and that sales are projected to increase to $20,000. What is the projected addition to fixed assets? O a. $1,529 O b. $0 O c. $1,493 d. $1,546