Price Printing Co. had sales of $12 million, operating income of $4 million, after-tax income of $2 million, assets of $8 million, stockholders' equity of $6 million, and a total debt of $4 million. What is Price Printing Company's return on equity?
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What is price printing company's return on equity?
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- 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 Jacks corporation reported the following:i. Net income $ 840,000.00ii. Accounts payable and accruals $1,270,650.00iii. Interest expense $ 305,000.00iv. Return on asset 16%v. Tax rate 30%As the company’s business analyst, you know that Jacks finances only with debt and equity. 45%of its total invested capital is debt. Calculate and interpret the basic earnings power ratio, thereturn on equity, and the return on invested capital. Please show workY3K Inc. has sales of $5783, total assets of $2604, and a debt-equity ratio of .75. If its Return on Equity is 11%, what is its net income? Profit margin:_______ Net income:________
- 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?The Huck Printing Co. had sales of $10 million, Operating Income of $3 million; After tax income of $1 million; assets of $8 million; Stockholders' equity of $5 million; and a total debt of $3 million. What is Huck's return on equity? A) 37.5% B) 10.0% C) 20.0% D) 60.0%
- The most recent financial statements for Mc Govney Co. are shown here: Income Statement Sales Costs Taxable Income Taxes (34%) Net Income Current Asset Fixed Asset $46,911 $38,882 ? ? ? Balance Sheet $20,638 Long-term Debt Equity $88,120 $45,042 ? Assets and costs are proportional to sales. The company maintains a constant 19 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales (in $) that can be sustained assuming no new equity is issued?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?Jack Corporation has a profit margin of 9.70 percent, total asset turnover of 1.50, and ROE of 18.62 percent. What is the firm's debt-equity ratio?