Jackson Corporation has a profit margin of 6 percent, total asset turnover of 1.5, and ROE of 20.54 percent. What is this firm's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio

Jackson Corporation has a profit margin of 6 percent, total asset turnover of 1.5, and ROE of 20.54 percent. What is this firm's debt-equity ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Debt-equity ratio

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Description: Q8 8ntseBookReferencesMcGrawHill!1QJackson Corporation has a profit margin of 6 percent, total asset turnover of 1.5, andROE of 20.54 percent. What is this firm's debt-equity ratio? (Do not round intermediatecalculations and round your answer to 2 de

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Q. 1 Y3K, Inc. has sales of $7425, total assets of $3,500, and a debt-equity ratio of 0.29. Assume the return on equity is 20% What is the net income? (DO NOT round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Step 1 Given information, Sales =$6,209 Total assets=$2,825 Debt-equity ratio(D/E)=1.10 Return on equity =11% arrow_forward Step 2 Return on equity(ROE) = (Profit margin)(Total asset turnover)(Equity multiplier) = (Profit margin)(Sales / Total assets)(1 + D/E) Therefore, Profit margin = [(Return on equity)(Total assets)] / [(1 + D/E)(Sales)] =[0.11*2,825]/[( 1 + 1.1)*6,209] =310.75/13,038.9 =0.0238325 Hence, Net income = Sales *profit margin =$6,209* 0.0238 =$147.98 But I am getting an error saying this answer is complete but not entirely correct?
Q. 1 Y3K, Inc., has sales of $6,209, total assets of $2,825, and a debt-equity ratio of 1.10. If its return on equity is 11 percent, what is its net income? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Para el año que culmina el 30 de junio de 2018, Northern Air Cooling Corporation tiene: Total assets = $87,631,181 ROA = 11.67 % ROE = 21.19 % Net profit margin = 11.59 % Determina lo siguiente Net income: _____________ Sales: _____________ Debt-to-equity ratio: _____________
Q3. ColdWell Co. have a debt-equity ratio of 0.80, total equity of $900,000, total asset turnover of 1.5, a profit margin of 9% and a net income of $100,000. Find their: a. Equity multiplier b. ROE c. ROA
Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.5 Return on assets (ROA) 4% Return on equity (ROE) 6% Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: % Liabilities-to-assets ratio: % Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %
Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 6% Return on equity (ROE) 15% a. Calculate Caulder's profit margin assuming the firm uses only debt and common equity, so total assets equal total invested capital. Round your answer to two decimal places. % b. Calculate Caulder's debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answer to two decimal places. %
Pickler Company has a debt-equity ratio of 1.39. Return on assets is 7.64 percent, and total equity is $695,000. a. What is the equity multiplier? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net Income?
ssume the following relationships for the Caulder Corp.: Sales/Total assets 1.2\times Return on assets (ROA ) 5.0% Return on equity (ROE) 15.0% Calculate Caulder's profit margin and debt-to-capital ratio assuming the firm uses only debt and common equity, so total assets equal total invested capital. Do not round intermediate calculations. Round your answers to two decimal places.
What abe sitive sit 23 on bou 013 26 - 27. Total assets is 100,000. Total debt is 50,000. What is the debt-to-equity ratio? 28 29. (Average/Difficult) If the pro forna balance sheet shows that total asset increase by PHP400,000 while retaining a debt-equity ratio of .75 then: A. debt must increase by PHP300,000. B. equity must increase by the ful PHPH400,000. C. debt must increase by PHP171,428. D. equity must increase by PHP100,000. 24,012.0 18.2840 30 - 34. What is a good capital structure? Are low debt ratios aiways favorable? 35 – 40. In starting a business, is it okay to siart with having debt during the early stages? What dictates the company's choice of leverage structure?
Jackson Corporation has a profit margin of 9 percent, total asset turnover of 1.11, and ROE of 14.35 percent. What is this firm's debt- equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Debt-equity ratio times
Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.2 Retum on assets (ROA) 4% Return on equity (ROE) 5% Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: % Liabilities-to-assets ratio: % Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %
Jackson Corporation has a profit margin of 11 percent, total asset turnover of 1.09, and ROE of 14.37 percent. What is this firm's debt-equity ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Debt-equity ratio Check my work times

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