Solve this general accounting problem In 2018 XYZ Co. had sales of $86 billion and a net income of $41 billion,and its year-end total assets were $210 billion. The firm's total debt-to-total assets ratio was 46.9%. Based on the DuPont equation, what wasXYZ Co.'s ROE in 2018?a) 22.97%b) 36.77%c) 25.62%d) 21.02%e) 14.01%

Explanation of DuPont Equation: The DuPont equation is a powerful financial analysis tool that…

Answered: In 2018 XYZ Co. had sales of $86…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 23MCQ

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Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2018. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? A. $16.29 million B. $1.81 million C. $9.00 million D. $4.97 million
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 55%. Based on the DuPont equation, what was Vaughn's ROE? Select the correct answer. a. 18.87% b. 18.57% c. 19.47% d. 19.17% e. 18.27%
Last year Vaughn Corp. had sales of $310,000 and a net income of $17,574, and its year-end assets were $217,000. The firm's total-debt-to-total-assets ratio was 45.8%. Based on the Du Pont equation, what was Vaughn's ROE? Note: Do not round intermediate calculations. Group of answer choices 18.12% 16.45% 15.68% 14.94% 17.27%
The Lawrence Company has a ratio of long term debt to long term debt plus equity of .39 and a current ratio of 1.7. Current liabilities are 950, sales are 6370, profit margin is 9.8 percent, and ROE is 20 percent. What is the amount of the firms net fixed assets?
2.The Moon Company had net income in 2022 of AED 40 million. Here are some of the financial ratios from the annual report. Return on Assets = 5% Debt Assets Ratio = 55% Profit Margin = 4.5% Inventory in days = 20 days Using these ratios, calculate the following for the Remal Company: a) Salesb) Total assetsc) Total asset turnover d) Total debte) Stockholders' equity f) Return on equityg) Inventory
The lawrence company has a ratio of long term debt to long term debt plus equity of .25 and a current ratio of 1.5. current liabilities are 900, sales are 6230 , profit margin is 8.1 percent what is the amount of the firms net fixt assets ?
The Mikado Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .49 and a current ratio of 1.38. Current liabilities are $2,450, sales are $10,630, profit margin is 10 percent, and ROE is 15 percent. What is the amount of the firm’s net fixed assets?
The Ashwood Company has a long-term debt ratio of .45 and a current ratio of 1.25. Current liabilities are $875, sales are $5,780, profit margin is 9.5 percent, and ROE is 18.5 percent. What is the amount of the firm's net fixed assets?
40. JoelEmbi, Inc. has an ROA (return on assets) of 15.2 percent, total assets of $4,500,000 and a net profit margin of 7.6 percent. What are JoelEmbi, Inc.'s annual sales? Enter your answer a whole number (i.e., rounded to zero decimal places. 41. JimmyButle, LLC. has a debt-to-total assets ratio of 39.6%. What is the company's debt-to-equity ratio? Enter your answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places. 42. JohCol, Inc has a debt ratio of 27.0% and ROE = 20.2%. What is JohCol, Inc.'s ROA? Enter your answer as a percent rounded to 1 decimal place. Enter 43. PauGeo, Inc. has an ROA of 18.2% and a debt/equity ratio of 0.83. The firm's ROE is answer as a percent rounded to 1 decimal place. 44. Assume that TraeYoung, Inc. has: Debt ratio 60% ● Net profit margin = 15.2% ● Return on assets (ROA) = 52% Find Trae Young's Total Asset Turnover ratio. Enter answer as a ratio (that is, do not convert to a percent), rounded to 2 decimal places.
Last year Urban Forests Corp. had $507,500 of assets, $1,905,700 of sales, $410,200 of net income, and a debt-to-total-assets ratio of 5%. What was the company's ROE? Round your answer to the nearest 2 decimals. 85.08% O 76.79% 11.75% 67.97% 8.51%
What is its net income? General accounting
At the beginning of the year, Norwood Pass Industries had $240,000 in total assets and a debt-to-assets ratio of 0.5 or 50%. During the year, Norwood's assets increased by $80,000, and its liabilities increased by $72,000. What is the debt-to-assets ratio at the end of the year? Multiple Choice 0.4 or 40% 0.6 or 60% 1.7 or 170% 0.9 or 90%

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In 2018 XYZ Co. had sales of $86 billion and a net income of $41 billion, and its year-end total assets were $210 billion. The firm's total debt-to- total assets ratio was 46.9%. Based on the DuPont equation, what was XYZ Co.'s ROE in 2018? a) 22.97% b) 36.77% c) 25.62% d) 21.02% e) 14.01%